Update relating to the name change Mvelaphanda Group Limited Incorporated in the Republic of South Africa Registration number: 1995/004153/06 Ordinary share code: MVG ISIN code: ZAE000060737 (“Mvela Group” or “the Company”) UPDATE RELATING TO THE NAME CHANGE AND FINALISATION ANNOUNCEMENT Terms not defined in this announcement shall have the meanings given to them in the circular posted to Mvela Group shareholders on 3 September 2012 ("the Circular"). Mvela Group shareholders are referred to the announcements released on SENS on 3 September 2012 and 19 October 2012 and the Circular relating to the granting of shareholder approval for the Batho Bonke Disposal and the name change of “Mvelaphanda Group Limited” to “New Bond Capital Limited”. Shareholders are advised that the special resolution effecting the name change was registered with CIPC on 24 October 2012 and the Company was accordingly issued with an amended registration certificate with effect from 24 October 2012 reflecting the name change. Consequently, the Company will trade under the new abbreviated name “Newbond”, JSE share code of “NBC” and ISIN number ZAE000170726 with effect from Monday, 5 November 2012. There are no further conditions precedent outstanding in respect of the name change. Accordingly, and as previously advised, the salient dates and times in respect of the name change are as follows: 2012 Last date to trade under the old name “Mvelaphanda Group Limited” Friday, 2 November Trade under the new name “New Bond Capital Limited” under the JSE code NBC from commencement of trade on Monday, 5 November Record date for the name change Friday, 9 November New share certificates reflecting the change of name posted, by registered post, to certificated shareholders who have surrendered their documents of title on or before 12:00 on the record date for the name change or within five business days of surrender thereof if received after 12:00 on the record date for the name change, on or about Monday, 12 November Dematerialised shareholders’ accounts updated with the name change by their CSDP/Broker Monday, 12 November Melrose Arch 25 October 2012 Merchant bank and transaction sponsor Legal adviser Rand Merchant Bank, a division of First Webber Wentzel Rand Bank Limited Sponsor PSG Capital Date: 25/10/2012 04:14:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.