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iFour - Director`s Resignation                                                  
iFour Properties Limited                                                        
(Incorporated in the Republic of South Africa)                                  
JSE code: IFR          ISIN: ZAE000039236                                       
(Registration number 2001/016118/06)                                            
("iFour")                                                                       
In compliance with Paragraph 3.67 of the JSE Securities Exchange South Africa   
Listings Requirements linked unitholders are advised that Dr TT Thahane has     
resigned as a director of iFour Properties Limited with immediate effect.       
Johannesburg                                                                    
2 December 2002                                                                 
Sponsor                                                                         
PricewaterhouseCoopers                                                          
Corporate Finance (Pty) Ltd                                                     
(Registration number 1970/003711/07)                                            
Date: 02/12/2002 04:55:00 PM Produced by the JSE SENS Department                

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