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Thu 22 Jul 2004, 13:09 Directors" Dealings In Securities
Infowave Holdings Limited - Directors` 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` DEALINGS IN SECURITIES                                               
In compliance with the requirements of rule 3.63 of the JSE Securities Exchange 
SA (`JSE`) Listings Requirements, the following should be noted:                
Director                 :    T Dunsdon                                         
Date of Transaction      :    22 July 2004                                      
No of shares             :    100 000                                           
Class                    :    Ordinary shares                                   
Price                    :    33 cents                                          
Total amount             :    R 33 000                                          
Nature                   :    Purchase                                          
Extent of interest       :    Direct beneficial                                 
Clearance to deal was obtained in accordance with section 3.66 of the JSE       
Listings Requirements                                                           
22 July 2004
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