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      22 March 2012                                          
Number of shares         910 500                                                
Class of shares          Ordinary shares                                        
Nature of transaction    Sale of shares by an associate- Mrs DL Singh, Spouse   
of the director - on market trade                       

Price per share          R0.22                                                  
Value of transaction     R200 310.00                                            
Nature of interest       Indirect beneficial                                    
Clearance to trade       n/a in terms of 3.66                                   
Johannesburg                                                                    
23 March 2012                                                                   
Sponsor                                                                         
Sasfin Capital (A division of Sasfin Bank Limited)                              
Date: 23/03/2012 15:41:01 Supplied by www.sharenet.co.za                     
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