MVG/MVGP - Mvelaphanda - Final Conversion Date for Mvela Group Preference Shares 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" or "the Company") Final Conversion Date for Mvela Group Preference Shares Shareholders are referred to the circular to Mvela Group preference shareholders dated Friday, 23 October 2009 ("the Conversion Circular"). As set out in the Conversion Circular, Mvela Group preference shareholders are entitled, at their election, to convert their Mvela Group convertible perpetual cumulative preference shares ("Mvela Group Preference Shares") into Mvela Group ordinary shares from the first conversion date which was Wednesday, 4 November 2009 up to the final conversion date which will be Thursday, 4 November 2010, being the fifth anniversary of the date on which Mvela Group Preference Shares were issued and allotted ("the Conversion Period"). Conversions of Mvela Group Preference Shares may be made during the Conversion Period on any Friday selected by the Mvela Group preference shareholder, providing that such conversion date is a business day not less than 7 business days (nor more than 60 calendar days) after the date of receipt of a conversion notice. Accordingly, the last date for Mvela Group preference shareholders to lodge a duly completed conversion notice to be able to convert their Mvela Group Preference Shares into Mvela Group ordinary shares, is Wednesday, 20 October 2010 and the last conversion date that can be selected is Friday, 29 October 2010. Mvela Group preference shareholders holding certificated Mvela Group Preference Shares who wish to convert their Mvela Group Preference Shares should provide such conversion notice together with the relevant Mvela Group Preference Share certificates to the Company`s transfer secretaries, Computershare Investor Services (Proprietary) Limited. Mvela Group preference shareholders holding dematerialised Mvela Group Preference Shares who wish to convert their Mvela Group Preference Shares should advise their broker or CSDP accordingly. The number of Mvela Group ordinary shares received by Mvela Group preference shareholders upon conversion of their Mvela Group Preference Shares is determined in accordance with a formula set out in Article 70 of the Articles of Association of the Company. Sandton 7 October 2010 Sponsor Deutsche Securities (SA) (Proprietary) Limited Date: 07/10/2010 08:50:02 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.