Directors dealings in BEECO shares MORVEST 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 AND COMPANY SECRETARY OF MORVEST AS A RESULT OF A CHANGE IN THEIR INTERESTS IN PAVATI TRADING 63 (PTY) LIMITED (“BEECO”). On 20 August 2010, Morvest announced the implementation of certain BEE transactions. The shareholders of BEECO are key executive and non-executive directors of Morvest (“directors”) and key members of the management of Morvest, who pursuant to the 2010 transaction acquired 114 750 000 ordinary Morvest shares (“Morvest shares”), representing 16.8% of the issued share capital of Morvest which were allocated to the directors and the company secretary of Morvest. The BEE transactions and the allocation of Morvest shares in terms thereof were approved by shareholders at the general meeting held on 11 October 2010. On 17 June 2012 Ms N Singh, who held 754 868 ordinary shares in BEECO representing 7.55% shareholding in BEECO and indirectly 8 662 110 Morvest shares, resigned as an executive director of Morvest. In terms of the BEECO transaction, N Singh’s BEECO ordinary shares have been repurchased by BEECO (“BEECO share repurchase”) resulting in the pro rata interest of the remaining shareholders in BEECO being increased and consequently that their effective pro rata interest in Morvest shares being increased as set out herein below. Shareholders are advised, in terms of paragraphs 3.63-3.66 of the Listings Requirements of the JSE Limited, of the following transactions by directors, associates and the company secretary of Morvest as a result of the aforementioned BEECO share repurchase: Name of director MS Varachia Designation: Executive Director Date of allocation: 3 September 2012 Nature of security: Ordinary shares Number of Morvest 5 826 825 shares allocated: Nature of transaction Acquisition -off market allocation Price: 21 cents (Indicative market value) Value of R1 223 633.29 transaction: Nature of interest: Indirect beneficial interest via BEECo Name of director S Singh Designation: Executive Date of allocation: 3 September 2012 Nature of security: Ordinary shares Number of Morvest shares allocated: 1 042 384 Nature of transaction Acquisition -off market allocation Price: 21 cents (Indicative market value) Value of R218 900.67 transaction: Nature of interest: Indirect beneficial interest via BEECo Name of director M Papiyana Designation: Executive Date of allocation: 3 September 2012 Nature of security: Ordinary shares Number of Morvest 271 019 shares allocated: Nature of Acquisition -off market transaction allocation Price: 21 cents (Indicative market value) Value of R56 914.09 transaction: Nature of interest: Indirect beneficial interest via BEECo Name of director A Evan Designation: Executive Date of allocation: 3 September 2012 Nature of security: Ordinary shares Number of Morvest 687 973 shares allocated: Nature of Acquisition -off market transaction allocation Price: 21 cents (Indicative market value) Value of R144 474.43 transaction: Nature of interest: Indirect beneficial interest via BEECo Company Secretary N January Date of allocation: 3 September 2012 Nature of security: ordinary shares Number of Morvest 208 477 shares allocated: Nature of Acquisition -off market transaction: allocation Price: 21 cents (Indicative market value) Value of R43 780.17 transaction: Nature of interest: Indirect beneficial interest via BEECo Name of Associate KJ Molefe Designation: Spouse of P Molefe- Non Executive Director Date of allocation: 3 September 2012 Nature of security: Ordinary shares Number of Morvest 416 954 shares allocated: Nature of Acquisition -off market transaction allocation Price: 21 cents (Indicative market value) Value of R87 560.35 transaction: Nature of interest: Indirect beneficial interest via BEECo Name of director NY Mhinga Designation: Non- executive Date of allocation: 3 November 2012 Nature of security: Ordinary shares Number of Morvest 208 477 shares allocated: Nature of Acquisition -off market transaction allocation Price: 21 cents (Indicative market value) Value of R43 780.17 transaction: Nature of interest: Indirect beneficial interest via BEECo Johannesburg 4 September 2012 Sponsor Sasfin Capital (A division of Sasfin Bank Limited) Date: 04/09/2012 11:30:00 Produced by the JSE SENS Department. 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