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IFour - Declaration of the final distribution for the year ending 30 June 2005
iFOUR PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2001/016118/06)
Share code: IFR & ISIN: ZAE000039236
(`iFour`)
5% Growth in distribution
Distribution for the year increased to 82,0 cents per linked unit
DECLARATION OF THE FINAL DISTRIBUTION FOR THE YEAR ENDING 30 JUNE 2005
Introduction
Statements of Generally Accepted Accounting Practice (AC 107 revised) require
that a distribution may only be reflected in the income statement of a company
once it has been declared. In order to comply, and also to facilitate the proper
matching of income and the distribution thereof, the directors of iFour have
declared the final distribution prior to year-end.
Results
iFour`s results for the year ending 30 June 2005 are expected to be released on
SENS, and published in the press, on or about Tuesday, 23 August 2005.
Distributions
The final distribution of 43,0 cents per linked unit for the six months to 30
June 2005 takes the total distribution for the year to 82,0 cents per linked
unit. This is in line with the prospects as stated in the Chairman`s statement
in the 2004 annual financial statements and the interim announcement dated 16
February 2005.
Distribution per linked unit Year Year
ended ending
2004 2005
Interim distribution 37,0 39,0 Paid on 11 April 2005
cents cents
Final distribution 41,0 43,0 Payable on 3 October
cents cents 2005
Total for the year 78,0 82,0cents
cents
+ 5%
Growth
Linked unitholders are referred to the announcement dated 16 February 2005 in
which the interim distribution of 39,0 cents per linked unit for the six months
ended 31 December 2004 was announced.
Declaration of distribution number 6
Notice is hereby given of the declaration of the final distribution of 43,0
cents per linked unit for the six months to 30 June 2005.
The last day to trade cum distribution Friday, 23 September
2005
Linked units trade ex distribution Monday, 26 September
2005
Record date to participate
in the distribution Friday, 30 September
2005
Payment of the distribution Monday, 3 October
2005
Linked unit certificates may not be dematerialised or rematerialised between
Monday, 26 September 2005 and Friday, 30 September 2005.
The directors of iFour are of the opinion that sufficient funds will be
available to meet the obligations in terms of this declaration. The final
distribution has not been audited.
On behalf of the Board
JJ GROENEWALD
Company Secretary
28 June 2005
Registered address:
Pangbourne House, 2nd Floor
382 Jan Smuts Avenue
Craighall, 2196
(PO Box 781706, Sandton, 2146)
Transfer Secretaries
Computershare Investor Services (Proprietary) Limited
70 Marshall Street
Johannesburg, 2001
(P O Box 61051, Marshalltown, 2107)
Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Limited
2 Eglin Road
Sunninghill 2157
(Private Bag x 36 Sunninghill, 2157)
Date: 28/06/2005 05:24:06 PM
Produced by the JSE SENS Department
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