No Change statement and notice of Annual General meeting 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”) NO CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING Shareholders are advised that the annual financial statements of the Company for the year ended 31 May 2012 were posted to shareholders on 31 October 2012 and contain no modifications to the abridged audited consolidated financial statements which were released on SENS on 21 August 2012. Notice of annual general meeting Notice is hereby given that the annual general meeting of shareholders of Morvest will be held at 10 Kikuyu Road, Sunninghill, Gauteng, 2191 on 29 November 2012 at 10:00 for the purpose of conducting the business as stated in the notice of annual general meeting forming part of the 2012 integrated annual report. Record dates The notice of annual general meeting was posted to shareholders of the Company who were recorded as such in the Company's securities register on Friday, 26 October 2012. The date on which shareholders of the Company must be recorded as such in the Company's securities register in order to attend and vote at the annual general meeting is Friday, 23 November 2012. The last day to trade in order to be entitled to vote at the annual general meeting is Friday, 16 November 2012. Proxy Forms must be lodged by no later than 10:00 on, Tuesday 27 November 2012. By Order of the Board of Directors Johannesburg 08 November 2012 Sponsor Sasfin Capital (a division of Sasfin Bank Limited) Date: 08/11/2012 10:58:00 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.