MVG/MVGP - Mvelaphanda Group Limited - Correction announcement relating to the

MVG/MVGP - Mvelaphanda Group Limited - Correction announcement relating to the  
disposal of further Life Healthcare Group Holdings 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")                                                                 
Correction announcement relating to the disposal of further Life Healthcare     
Group Holdings shares                                                           
Shareholders are advised that the announcement released on Thursday, 21 July    
2011 on SENS relating to the disposal of further Life Healthcare Group Holdings 
shares contained a typographical error in paragraph 5.  The percentage change in
respect of the net asset value per ordinary Mvela Group share and the net       
tangible asset value per ordinary Mvela Group share after the disposals of the  
Life Healthcare Group shares should have been 2.9% and not 2.59% as stated in   
the announcement.                                                               
Johannesburg                                                                    
22 July 2011                                                                    
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 22/07/2011 08:50:38 Supplied by www.sharenet.co.za                     
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