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Thu 14 Oct 2004, 14:32 ANNUAL GENERAL MEETING AND GENERAL MEETING
iFOUR - RESULTS OF ANNUAL GENERAL MEETING AND GENERAL MEETING                   
iFOUR PROPERTIES LIMITED                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 2001/016118/06)                                            
Share code: IFR               ISIN: ZAE000039236                                
(`iFour`)                                                                       
RESULTS OF ANNUAL GENERAL MEETING AND GENERAL MEETING                           
The annual general meeting of iFour shareholders and general meeting of iFour   
debenture holders (`the general meetings`) were held at 14:00 and 14:30         
respectively, on Thursday, 14 October 2004. The purpose of the general meetings 
was to consider the resolutions as set out in the iFour notices of the general  
meetings. All of the resolutions tabled at the general meetings were duly       
passed.                                                                         
Johannesburg                                                                    
14 October 2004                                                                 
Sponsor:                                                                        
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
(Registration no: 1970/003711/07)
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