Mvelaphanda Group Limited - Trading statement issued in terms of section 3.4 of

Mvelaphanda Group Limited - Trading statement issued in terms of section 3.4 of 
the JSE Limited Listings Requirements                                           
Mvelaphanda Group Limited                                                       
(Formerly Rebserve Holdings Limited)                                            
(Incorporated in the Republic of South Africa)                                  
Registration number 1995/004153/06                                              
ISIN: ZAE000060737   Share Code: MVG                                            
("Mvela Group" or "the company")                                                
Trading statement issued in terms of section 3.4 of the JSE Limited Listings    
Requirements                                                                    
Shareholders are advised that Mvela Group"s earnings per share and headline     
earnings per share for the year ended 30 June 2005 are expected to be between   
20% and 22% higher than the earnings per share and headline earnings per share  
reported for the year ended 30 June 2004.                                       
The reasons for the increase in earnings per share and headline earnings per    
share are primarily  as a result of the increase in the value of Mvela Group"s  
effective interest in ABSA Group Limited and certain of Mvela Group"s other     
investments, and the anticipated increase in the earnings of Mvelaphanda        
Resources Limited.                                                              
The financial information in this trading statement has not been reviewed or    
reported on by Mvela Group"s auditors.                                          
The company"s results for the year ended 30 June 2005 are expected to be        
published on or about 7 September 2005.                                         
Johannesburg                                                                    
30 August 2005                                                                  
Issued by sponsor:                                                              
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 30/08/2005 04:53:16 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department