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Tue 25 May 2004, 16:37 DIRECTORS" AND COMPANY SECRETARY"S DEALINGS IN SEC
INFOWAVE - DIRECTORS` AND COMPANY SECRETARY`S DEALINGS IN SECURITIES            
  INFOWAVE HOLDINGS LIMITED                                                       
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1998/017276/06)                                            
  Share Code: IFW   ISIN Number: ZAE000016440                                     
  DIRECTORS` AND COMPANY SECRETARY`S DEALINGS IN SECURITIES                       
  In compliance with the requirements of rule 3.63 of the JSE Listings            
  Requirements, the following should be noted:                                    
  Director            :    R P Collis                                             
  Date of Transaction :    3 May 2004                                             
  No of shares        :    35 800                                                 
  Class               :    Ordinary shares                                        
  Price               :    16.1 cents                                             
  Total amount        :    R 5 763.80                                             
  Nature              :    Purchase  - exercise of share options                  
  Extent of interest  :    Direct beneficial                                      
  Director            :    C van Pannier                                          
  Date of Transaction :    5 May 2004                                             
  No of shares        :    36 800                                                 
  Class               :    Ordinary shares                                        
  Price               :    16.1 cents                                             
  Total amount        :    R 5 924.80                                             
  Nature              :    Purchase  - exercise of share options                  
  Extent of interest  :    Direct beneficial                                      
  Company Secretary   :    N Swinford-Meyer                                       
  Date of Transaction :    3 May 2004                                             
  No of shares        :    22 800                                                 
  Class               :    Ordinary shares                                        
  Price               :    16.1 cents                                             
  Total amount        :    R 3 670.80                                             
  Nature              :    Purchase  - exercise of share options                  
  Extent of interest  :    Direct beneficial                                      
  Company Secretary   :    N Swinford-Meyer                                       
  Date of Transaction :    3 May 2004                                             
  No of shares        :    44 400                                                 
  Class               :    Ordinary shares                                        
  Price               :    3.6 cents                                              
  Total amount        :    R 1 598.40                                             
  Nature              :    Purchase  - exercise of share options                  
  Extent of interest  :    Direct beneficial                                      
  Clearance to deal was obtained in accordance with section 3.66 of the JSE       
  Listings Requirements                                                           
  25 May 2004                                                                     
  Date: 25/05/2004 04:22:03 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  

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