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Mon 5 Jul 2004, 17:44 IMR INVESTMENTS LIMITED - DEALING IN SECURITIES BY
IMR INVESTMENTS LIMITED - DEALING IN SECURITIES BY DIRECTOR                     
IMR INVESTMENTS LIMITED                                                         
Incorporated in the Republic of South Africa                                    
(Registration number 1998/017351/06)                                            
Share code: IMR ISIN: ZAE000044004                                              
DEALING IN SECURITIES BY DIRECTOR                                               
In compliance with rules 3.63 to 3.74 (both inclusive) of the Listings          
Requirements of the JSE Securities Exchange South Africa, the following         
information is disclosed:                                                       
Name of director:        Mr Stanley David Shane                                 
Designation:             Chief Executive Officer                                
Nature of transactions:  Purchase                                               
Date of transaction:     1 July 2004                                            
Price:                   14 cents per share                                     
Number of shares:        399 955                                                
Date of transaction:     2 July 2004                                            
Price:                   14 cents per share                                     
Number of shares:        399 955                                                
Total value:             R 111 846,40                                           
Class of security:       Ordinary shares                                        
Nature of interest:      Indirect and beneficial.                               
Sponsor: Merchant Sponsors (Proprietary) Limited                                
05 JULY 2004
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