MVS - Mvelaserve Limited - Notification in terms of section 122(3) of the

MVS - Mvelaserve Limited - Notification in terms of section 122(3) of the       
Companies Act and section 3.83(b) of the JSE Listings Requirements              
Mvelaserve Limited                                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1999/003610/06)                                           
ISIN: ZAE000151353                                                              
Share Code: MVS"                                                                
NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND SECTION        
3.83(b) OF THE JSE LISTINGS REQUIREMENTS                                        
In accordance with section 122(3)(b) of the Companies Act, 71 of 2008 ("the     
Act"), and section 3.83(b) of the JSE Listing Requirements, holders of ordinary 
shares in the Company are advised that Coronation Asset Management (Proprietary)
Limited, has disposed of its entire beneficial interest in the ordinary shares  
of the Company ("the securities").,                                             
Mvelaserve hereby confirms that it has received the required notice from        
Coronation Asset Management (Proprietary) Limited in terms of Section 122(1)    
of the Act. As required in terms of section 122(3) (a) of the Act, Mvelaserve   
has filed the required notice with the Takeover Regulation Panel.               
In accordance with section 122(3)(b) of the Companies Act, 71 of 2008 ("the     
Act"), and section 3.83(b) of the JSE Listing Requirements, holders of ordinary 
shares in the Company are advised that BB Investment Company (Proprietary)      
Limited, a wholly owned subsidiary of Bidvest Group Limited ("Bidvest"), has    
acquired a beneficial interest in ordinary shares of the Company ("the          
securities"), such that its entire beneficial interest in the securities of     
the Company amounts to 26,41% of the total number of shares in issue.           
Mvelaserve hereby confirms that it has received the required notice from Bidvest
in terms of Section 122(1) of the Act. As required in terms of section 122(3)   
(a) of the Act, Mvelaserve has filed the required notice with the Takeover      
Regulation Panel.                                                               
8 March 2012                                                                    
Centurion                                                                       
Sponsor: Investec Bank Limited                                                  
Date: 08/03/2012 13:23:02 Supplied by www.sharenet.co.za                     
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