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Fri 31 Oct 2003, 17:11 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 DIRECTORS                                            
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:                  RC Johnson                                   
Date of transaction:               30 October 2003                              
Number of linked units:            6 480 000                                    
Class of security:                 Linked unit                                  
Price per linked unit:             R5.90                                        
Nature of the transaction:         Linked units sold by Intaprop Investments    
                                   (Pty) Ltd                                    
Nature and extent of director"s                                                 
interest in the transaction:       Indirect, beneficial                         
Name of director:                  RC Johnson                                   
Date of transaction:               30 October 2003                              
Number of linked units:            10 000                                       
Class of security:                 Linked unit                                  
Price per linked unit:             R5.95                                        
Nature of the transaction:         Linked units sold by Intaprop Investments    
                                   (Pty) Ltd                                    
Nature and extent of director"s                                                 
interest in the transaction:       Indirect, beneficial                         
Sponsor:                                                                        
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
(Registration no: 1970/003711/07)                                               
Date: 31/10/2003 03:30:03 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                

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