MVG / MVGP - Mvelaphanda Group - Announcement regarding the listing of the

MVG / MVGP - Mvelaphanda Group - Announcement regarding the listing of the      
ordinary shares in the issued share capital of life Healthcare Group Holdings   
Limited and reminder of cautionary announcement                                 
MVELAPHANDA GROUP LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1995/004153/06)                                           
Ordinary share code: MVG      ISIN: ZAE000060737                                
Preference share code: MVGP   ISIN: ZAE000073540                                
("Mvela Group")                                                                 
ANNOUNCEMENT REGARDING THE LISTING OF THE ORDINARY SHARES IN THE ISSUED SHARE   
CAPITAL OF LIFE HEALTHCARE GROUP HOLDINGS LIMITED ("LIFE HEALTHCARE") AND       
REMINDER OF CAUTIONARY ANNOUNCEMENT                                             
Holders of ordinary shares and preference shares of Mvela Group ("Shareholders")
are referred to Mvela Group`s announcement released on the Securities Exchange  
New Service ("SENS") on Tuesday, 18 May 2010 as well as the announcement by Life
Healthcare released on SENS today regarding, inter alia, the anticipated listing
date of Life Healthcare on the JSE Limited ("the JSE").                         
Accordingly, Shareholders are advised that the expected date of the listing of  
Life Healthcare, subject to, inter alia, the achievement of a shareholder spread
acceptable to the JSE, will be Wednesday, 9 June 2010.                          
Shareholders are referred to the cautionary announcement dated Monday, 8 March  
2010 and the renewals thereof on Friday, 23 April 2010 and Tuesday, 18 May 2010,
and are reminded that they should continue to exercise caution when dealing in  
Mvela Group securities until a further announcement is made.                    
Johannesburg                                                                    
27 May 2010                                                                     
Merchant bank, structuring adviser and transaction sponsor                      
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited                                  
Reporting Accountants                                                           
PKF (Jhb) Inc.                                                                  
Attorneys                                                                       
Bowman Gilfillan Inc.                                                           
Advisers to Mvela Group                                                         
Afropulse Group (Proprietary) Limited                                           
Financial PR adviser                                                            
College Hill                                                                    
Date: 27/05/2010 16:30:03 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
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implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
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