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Mon 23 Oct 2006, 10:56 IFA - Dealing in securities by a Director
IFH
 IFH                                                                             
IFA - Dealing in securities by a Director                                       
IFA Hotels & Resorts Limited                                                    
(formerly Moribo Leisure Limited)                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1919/001318/06)                                            
Share code: IFH                                                                 
ISIN: ZAE000075669                                                              
("IFA")                                                                         
DEALING IN SECURITIES BY A DIRECTOR                                             
In compliance with rule 3.63 of the JSE Listings Requirements, the following    
information relating to dealing in IFA shares by a director is disclosed:       
Name of director :              Mr. W Burger (non-executive director)           
Name of company of which                                                        
he is a director :              IFA                                             
Date transaction was effected : Thursday 19 October 2006                        
Nature of transaction :         Purchase of securities                          
Class of security :             Ordinary shares                                 
Number of securities :          43 500                                          
Price per security :            R 3.00                                          
Total value of transaction :    R130 500.00                                     
Nature of director"s interest:  Indirect beneficial                             
Clearance for this transaction was provided in terms of section 3.66 of the JSE 
Listings Requirements.                                                          
23 October 2006                                                                 
Zimbali                                                                         
Sponsor to the company                                                          
BDO QuestCo (Pty) Ltd                                                           
Date: 23/10/2006 10:56:05 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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