MORVEST BUSINESS GROUP LIMITED - Dealings by an Associate

Dealings by an Associate

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")

DEALING IN SECURITIES BY AN ASSOCIATE


In terms of rule 3.63 to 3.66 of the Listings
Requirements of the JSE Limited, the following is
disclosed:


Name of Associate      Faheem Varachia

Designation:           Son of a Director

Name of Director:      Mohammed Varachia, Executive
                       Director

Nature of              Acquisition of shares- off Market
transaction:           Trade


Date of transaction:   28 August 2012

Class of securities:   Ordinary shares

Price per share:       18 cents

Number of shares:      3 392 527 ordinary shares

Total value:           R610 654.86

Nature of interest:    Indirect beneficial


Clearance obtained:    Not Applicable in terms of
                       paragraph 3.66


Johannesburg
29 August 2012
Sponsor
Sasfin Capital (A division of Sasfin Bank Limited)

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