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Fri 17 Oct 2003, 15:37 DEALING IN SECURITIES BY A DIRECTOR
iFOUR PROPERTIES LIMITED - DEALING IN SECURITIES BY A DIRECTOR                  
  iFOUR PROPERTIES LIMITED                                                        
  (Incorporated in the Republic of South Africa)                                  
  JSE code: IFR                                                                   
  ISIN: ZAE000039236                                                              
  (Registration number 2001/016118/06)                                            
  ("iFour")                                                                       
  DEALING IN SECURITIES BY A DIRECTOR                                             
  In compliance with paragraph 3.63 to 3.74 of the JSE Securities Exchange South  
  Africa Listing Requirements, the following information is disclosed:            
  Name of director:                  JPG de Rauville                              
  Date of transaction:               19 September 2003                            
  Number of linked units:            14 000                                       
  Class of security:                 Linked unit                                  
  Price per linked unit:             R5,20                                        
  Nature of the transaction:         Linked units purchased by JPG Family Trust   
  Nature and extent of director"s                                                 
  interest in the transaction:       Indirect, non-beneficial                     
  Name of director:                  JPG de Rauville                              
  Date of transaction:               19 September 2003                            
  Number of linked units:            230 000                                      
  Class of security:                 Linked unit                                  
  Price per linked unit:             R5,20                                        
  Nature of the transaction:         Linked units purchased by N & G Trust        
  Nature and extent of director"s                                                 
  interest in the transaction:       Direct, beneficial                           
  The above trades were transacted by an investment manager who acts in a full    
  discretionary capacity on the JPG de Rauville portfolio.                        
  Sponsor:                                                                        
  PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
  (Registration no: 1970/003711/07)                                               
  Date: 17/10/2003 02:50:10 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  



 
 
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