MUVONI TECHNOLOGY GROUP LTD - Fulfilment of conditions precedent

Fulfilment of conditions precedent

Muvoni Technology Group Limited
(formerly known as Ideco Group Limited)
Incorporated in the Republic of South Africa
Registration number 2001/023463/06
Share code: MTG
ISIN code: ZAE000167268
("Muvoni” or the “Company")


FULLFILMENT OF CONDITIONS PRECEDENT

Shareholders are referred to the Muvoni results of general
meeting announcement dated 11 January 2013 and are advised
that all the conditions precedent to the Purchase has been
fulfilled and the Purchase is now unconditional.

16 January 2013

Designated Advisor
Sasfin Capital
(a division of Sasfin Bank Limited)

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