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Tue 30 Nov 2004, 12:15 IMR - CHANGE TO THE BOARD OF DIRECTORS
IMR - CHANGE TO THE BOARD OF DIRECTORS                                          
IMR INVESTMENTS LIMITED                                                         
Incorporated in the Republic of South Africa                                    
(Registration number 1998/017351/06)                                            
Share code: IMR     ISIN: ZAE000044004                                          
(`IMR`)                                                                         
CHANGE TO THE BOARD OF DIRECTORS                                                
In compliance with section 3.59 of the Listings Requirements of the JSE         
Securities Exchange South Africa, the board of directors of IMR hereby notifies 
its shareholders of the following changes which have taken place with immediate 
effect:                                                                         
Mr Jason Schmulian will assume the role of non-executive director of IMR; and   
Mr Lourens Louw will assume the role of acting Financial Director of IMR.       
Johannesburg                                                                    
30 November 2004                                                                
Sponsor                                                                         
Merchant Sponsors (Proprietary) Limited                                         
Date: 30/11/2004 11:55:50 AM                
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