MVG / MVGP - Mvelaphanda Group Limited - Cautionary announcement

MVG / MVGP - Mvelaphanda Group Limited - Cautionary announcement                
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")                                                                 
Cautionary announcement                                                         
Shareholders are advised that discussions are in progress which, if successfully
concluded, may have a material effect on the price of Mvela Group securities.   
Shareholders are referred to the SENS announcement released on 25 October 2007, 
and should note that today`s cautionary announcement does not relate to the     
Allan Gray/Opco transaction as announced on 30 October 2007.                    
Accordingly, shareholders are advised to exercise caution when dealing in Mvela 
Group securities until a further announcement is made.                          
Johannesburg                                                                    
7 November 2007                                                                 
Issued by Sponsor                                                               
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 07/11/2007 09:00:07 Supplied by www.sharenet.co.za                     
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