MVG - Mvelaphanda Group Limited - Share repurchase programme

MVG - Mvelaphanda Group Limited - Share repurchase programme                    
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")                                                                 
Share repurchase programme                                                      
Mvela Group announces that it intends to repurchase up to 5% of its issued      
ordinary share capital in the open market in accordance with the general        
authority granted by Mvela Group`s shareholders at the annual general meeting   
held on 26 January 2007. In terms of the Listing Requirements of the JSE Limited
a formal announcement will be made when 3% of the total issued ordinary share   
capital of Mvela Group has been repurchased.                                    
14 May 2007                                                                     
Johannesburg                                                                    
Sponsor: Deutsche Securities (SA) (Proprietary) Limited                         
Date: 15/05/2007 07:51:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.