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Mon 3 Apr 2006, 16:58 IFour Properties Limited - Directors Dealings in S
IFR
 IFR                                                                             
IFour Properties Limited - 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 Limited ("the JSE"), the following information is disclosed:                
Director:                          R C Johnson                                  
Date of transaction:               29 March 2006                                
Number of linked units:            329 000                                      
Price:                             R12,59                                       
Aggregate consideration:           R4 142 110                                   
Class of security:                 Linked Units                                 
Type of Holding:                   Direct, Beneficial                           
Date of transaction:               30 March 2006                                
Number of linked units:            608 833                                      
Price:                             R12,61                                       
Aggregate consideration:           R7 677 384,13                                
Class of security:                 Linked Units                                 
Type of Holding:                   Direct, Beneficial                           
Nature of transactions:                                                         
These linked units were held and sold by Pendennis Investment Trust of which Mr 
RC Johnson is a beneficiary and a trustee.                                      
Clearance to deal in these linked 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                                                                    
3 April 2006                                                                    
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
(Registration no: 1970/003711/07)                                               
Date: 03/04/2006 04:58:07 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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