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Fri 24 Nov 2006, 11:50 IFA Hotels & Resorts Limited - Dealing in securiti
IFH
 IFH                                                                             
IFA Hotels & Resorts Limited - 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 23 November 2006              
Nature of transaction                  : Purchase of securities                 
Class of security                      : Ordinary shares                        
Number of securities                   : 3 463 shares                           
Price per security                     : R 3.20                                 
Total value of transaction             : R11 081.60                             
Nature of director"s interest          : Indirect beneficial                    
Clearance for this transaction was provided in terms of section 3.66 of the JSE 
Listings Requirements.                                                          
24 November 2006                                                                
Zimbali                                                                         
Sponsor                                                                         
BDO QuestCo (Pty) Ltd                                                           
Date: 24/11/2006 11:50:02 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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