MVS - Mvelaserve Limited - Trading update

MVS - Mvelaserve Limited - Trading update                                       
MVELASERVE LIMITED                                                              
("Mvelaserve")                                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1999/003610/06)                                           
Ordinary share code: MVS                                                        
Ordinary share ISIN: ZAE000151353                                               
TRADING UPDATE                                                                  
In terms of the JSE Limited Listing Requirements, companies are required to     
publish a trading statement as soon as they are reasonably certain that the     
financial results for the current reporting period will be more than 20%        
different than that of the prior corresponding period.                          
In light of the above, Mvelaserve expects to announce that statutory headline   
earnings per share are expected to be 60% to 70% lower than those of the prior  
half year. Earnings per share are expected to be 75% to 85% lower than those of 
the prior half year.                                                            
The above information has not been reviewed or reported on by the company`s     
auditors and the company`s results for the half year ended 31 December 2011 are 
expected to be published on or about 29 March 2012.                             
13 March 2012                                                                   
Sponsor:                                                                        
Investec Bank Limited                                                           
Date: 13/03/2012 14:37:01 Supplied by www.sharenet.co.za                     
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