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Tue 31 Aug 2004, 11:49 DIRECTOR"S DEALINGS IN SECURITIES
INFOWAVE HOLDINGS LIMITED - DIRECTOR`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                                     
(`InfoWave`)                                                                    
DIRECTOR`S DEALINGS IN SECURITIES                                               
In compliance with paragraph 3.63 of the Listings Requirements of the JSE       
Securities Exchange South Africa (`JSE Listings Requirements`), we hereby advise
the following dealings by a director in InfoWave securities:                    
Director                                     :    T Dunsdon                     
Name of company of which she is a director   :    InfoWave                      
Date of transaction                          :    30 August 2004                
Number of shares                             :    75 000                        
Class                                        :    Ordinary shares               
Price                                        :    33 cents                      
Total amount                                 :    R 24 750                      
Nature                                       :    Purchase                      
Extent of interest                           :    Direct beneficial             
Clearance to deal was obtained in accordance with section 3.66 of the JSE       
Listings Requirements                                                           
31 August 2004
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