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Wed 17 Dec 2003, 15:23 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:                   Anthony Diepenbroek                         
Date of transaction:                12 December 2003                            
Number of linked units:             22 932                                      
Price per linked unit:              R6.39                                       
Total value:                        R146 535.48                                 
Class of security:                  Linked unit                                 
Nature of the transaction:          Sale                                        
Nature and extent of director"s                                                 
interest in the transaction:        Direct, beneficial                          
Name of director:                   Anthony Diepenbroek                         
Date of transaction :               12 December 2003                            
Number of linked units:             80 000                                      
Price per linked unit:              R6.35                                       
Total value:                        R508 000.00                                 
Class of security:                  Linked unit                                 
Nature of the transaction:          Sale                                        
Nature and extent of director"s                                                 
interest in the transaction:        Direct, beneficial                          
17 December 2003                                                                
Johannesburg                                                                    
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
(Registration no: 1970/003711/07)                                               
Date: 17/12/2003 03:17:03
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