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Fri 12 Dec 2003, 17:31 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                   :  JAA Diepenbroek                           
  Date of transaction                :  12 December 2003                          
  Number of linked units             :  22 932                                    
  Class of security                  :  Linked unit                               
  Price per linked unit              :  R6.39                                     
  Nature of the transaction          :  Sale of units                             
  Nature and extent of director"s                                                 
  interest in the transaction        :  Direct, beneficial                        
  Name of director                   :  JAA Diepenbroek                           
  Date of transaction                :  12 December 2003                          
  Number of linked units             :  60 000                                    
  Class of security                  :  Linked unit                               
  Price per linked unit              :  R6.35                                     
  Nature of the transaction          :  Sale of units                             
  Nature and extent of director"s                                                 
  interest in the transaction        :  Direct, beneficial                        
  Name of director                   :  JAA Diepenbroek                           
  Date of transaction                :  12 December 2003                          
  Number of linked units             :  20 000                                    
  Class of security                  :  Linked unit                               
  Price per linked unit              :  R6.35                                     
  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: 12/12/2003 05:12:02 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  
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