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Wed 9 Feb 2005, 14:42 CHANGE TO THE BOARD
IMR - DEALINGS IN SECURITIES BY A DIRECTOR AND CHANGE TO THE BOARD              
IMR INVESTMENTS LIMITED                                                         
Incorporated in the Republic of South Africa                                    
(Registration number 1998/017351/06)                                            
Share code: IMR     ISIN: ZAE000044004                                          
(`IMR`)                                                                         
DEALINGS IN SECURITIES BY A DIRECTOR AND CHANGE TO THE BOARD                    
In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings     
Requirements of the JSE Securities Exchange South Africa (`JSE`), the following 
is disclosed:                                                                   
Name of director:                  Mr Wayne Rosenberg                           
Date of transaction:               8 February 2005                              
Number of securities:              30 000 000                                   
Price:                             9 cents per share                            
Total value:                       R2 700 000,00                                
Class of securities:               Ordinary shares                              
Nature of transaction:             Sale of shares                               
Extent of director`s interest:     Indirect beneficial                          
Clearance to deal obtained:        Yes                                          
In compliance with paragraph 3.59 of the Listings Requirements of the JSE, the  
board of directors of IMR hereby notifies its shareholders that Mr Wayne        
Rosenberg has resigned as a non-executive director, with immediate effect.      
Johannesburg                                                                    
9 February 2005                                                                 
Sponsor                                                                         
Merchant Sponsors (Proprietary) Limited                                         
Date: 09/02/2005 02:37:56 PM                     
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