MRF - Merafe Resources Limited - Disclosure of beneficial interests in

MRF - Merafe Resources Limited - Disclosure of beneficial interests in          
securities                                                                      
Merafe Resources Limited                                                        
(Incorporated in the Republic of South Africa)                                  
Registration number 1987/003452/06                                              
Share Code: MRF                                                                 
ISIN: ZAE000060000                                                              
("the Company")                                                                 
DISCLOSURE OF BENEFICIAL INTERESTS IN SECURITIES                                
In terms of paragraph 3.83(b) of the JSE Listings Requirements and section      
122(3)(b) of the Companies Act, No. 71 of 2008, as amended, shareholders are    
advised that JP Morgan Asset Management (UK) Limited ("JP Morgan") has notified 
the Company that it has acquired a beneficial interest in the securities of the 
Company, such that the total of all beneficial interests of the securities of   
that class held by JP Morgan is now 6.58% of the total issued securities of that
class.                                                                          
Sandton                                                                         
19 July 2011                                                                    
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 19/07/2011 09:00:01 Supplied by www.sharenet.co.za                     
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