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Fri 1 Jul 2005, 9:56 Directors Dealings in Securities
iFour - Directors Dealings in Securities                                        
iFour Properties Limited                                                        
Incorporated in the Republic of South Africa)                                   
(Registration number 2001/016118/06)                                            
Share code: IFR                                                                 
ISIN: ZAE000039236                                                              
(`iFour`)                                                                       
Directors Dealings in Securities                                                
In compliance with paragraphs 3.63 to 3.66 of the Listings Requirements of the  
JSE Securities Exchange South Africa (`the JSE`), the following information is  
disclosed:                                                                      
Director:                       J A A Diepenbroek                               
Date of transaction:            30 June 2005                                    
Number of combined units:       679 300                                         
Price:                          R8,90                                           
Aggregate consideration:        R6 045 770                                      
Class of security:              combined units                                  
Type of Holding:                Direct,Beneficial                               
Nature of transaction:          Sale of units to repay loan in executive unit   
purchase trust                                  
Clearance to deal in these combined units has been obtained in accordance with  
iFour`s policy with regard to directors` dealings as well as the Listings       
Requirements of the JSE.                                                        
Johannesburg                                                                    
01 July 2005                                                                    
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
(Registration no: 1970/003711/07)
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