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Thu 13 Nov 2003, 8:55 Dealing in securities by a directors
iFour PROPERTIES LIMITED - Dealing in securities by a directors                 
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                   :  E P M Moses                               
Date of transaction                :  11th November 2003                        
Number of linked units             :  10 000                                    
Class of security                  :  Linked unit                               
Price per linked unit              :  R6.00                                     
Nature of the transaction          :  Sale of Units                             
Nature and extent of director"s    :                                            
interest in the transaction        :  Direct, beneficial                        
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
(Registration no: 1970/003711/07)                                               
Date: 13/11/2003 07:05:01 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department
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