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Fri 5 Sep 2003, 10:21 DIRECTOR"S APPOINTMENT
iFOUR - DIRECTOR"S APPOINTMENT                                                  
iFOUR PROPERTIES LIMITED                                                        
(Incorporated in the Republic of South Africa)                                  
JSE code: IFR          ISIN: ZAE000039236                                       
(Registration number 2001/016118/06)                                            
("iFour")                                                                       
DIRECTOR"S APPOINTMENT                                                          
In compliance with Paragraph 3.59 of the JSE Securities Exchange South Africa   
Listings Requirements the board of directors of iFour are pleased to advise     
linked unitholders that Anthony Richards has been appointed as a director of    
iFour Properties Limited with immediate effect.                                 
Johannesburg                                                                    
5 September 2003                                                                
Sponsor                                                                         
PricewaterhouseCoopers                                                          
Corporate Finance (Pty) Ltd                                                     
(Registration number 1970/003711/07)                                            
Date: 05/09/2003 10:15:49 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
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