MOR - Morvest Business Group Limited - Dealing in securities by directors

MOR - Morvest Business Group Limited - Dealing in securities by directors       
Morvest Business Group Limited                                                  
(Previously Simeka Business Group Limited)                                      
(Incorporated in the Republic of South Africa)                                  
(Registration No. 2003/012583/06)                                               
Share code: MOR     ISIN code: ZAE000152567                                     
("Morvest" or "the company")                                                    
DEALING IN SECURITIES BY DIRECTORS                                              
In terms of rule 3.63 to 3.66 of the Listings Requirements of the JSE Limited,  
the following is disclosed:                                                     
Name of Director         Mr. S Singh                                            
Date of transaction      6 March 2012                                           
Number of shares         565 045                                                
Class of shares          Ordinary shares                                        
Nature of transaction    sale of shares by an associate- on market trade        
Price per share          R0.22                                                  
Value of transaction     R124 309.90                                            
Nature of interest       Indirect beneficial                                    
Clearance to trade       n/a in terms of 3.66                                   
Extent of interest       Indirect beneficial                                    
Name of Director         Mr. S Singh                                            
Date of transaction      7 March 2012                                           
Number of shares         855 955                                                
Class of shares          Ordinary shares                                        
Nature of transaction    sale of shares by an associate- on market trade        
Price per share          734 955 at R0.21 = R154 340.55                         
(Weighted average)       25 000 at R0.22 = R5 500.00                            
50 000 at R0.22 = R11 000.00                            

                        46 000 at R0.22 = R10 120.00                            
Value of transaction     R180 960.55                                            
Nature of interest       Indirect beneficial                                    
Clearance to trade.      n/a in terms of 3.66                                   
Highest price traded                                                            
on the JSE               R0.22                                                  
Lowest price traded                                                             
On the JSE               R0.21                                                  
Extent of interest       Indirect beneficial                                    
Johannesburg                                                                    
9 March 2012                                                                    
Sponsor                                                                         
Sasfin Capital (A division of Sasfin Bank Limited)                              
Date: 09/03/2012 13:47:01 Supplied by www.sharenet.co.za                     
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