MVG/MVGP - Mvelaphanda Group Limited - Adjustment to the

MVG/MVGP - Mvelaphanda Group Limited - Adjustment to the                        
Convertible Preference Shares Conversion Price                                  
Mvelaphanda Group Limited                                                       
(Incorporated in the Republic of South Africa)                                  
Registration number 1995/004153/06                                              
Ordinary share code: MVG                                                        
Preference share code: MVGP                                                     
Ordinary share: ISIN: ZAE000060737                                              
Preference share: ISIN: ZAE000073540                                            
("Mvela Group")                                                                 
Adjustment to the Convertible Preference Shares Conversion Price                
Mvela Group announces that the conversion price of the convertible              
perpetual cumulative preference shares ("Convertible Preference                 
Shares") has been adjusted from R9,30 to R4,50 per Convertible                  
Preference Share. The adjustment has been necessitated by capital               
distributions made on 23 August 2010 further to the unbundling of               
Health Strategic Investments Limited shares as announced on SENS                
on 22 June 2010 and published in the circular dated 28 June 2010.               
The adjustment became effective on 23 August 2010.                              
Sandton                                                                         
24 August 2010                                                                  
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 24/08/2010 12:33:09 Supplied by www.sharenet.co.za                     
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