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Thu 8 Mar 2007, 15:56 IFR - iFour - Directors Dealings in Securities
IFR
 IFR                                                                             
IFR - 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 Limited ("the JSE"), the following information is disclosed:                
Director:                          J L Nunes                                    
Date of transaction:               08 March 2007                                
Number of linked units:            394 000                                      
Price:                             R12,40                                       
Aggregate consideration:           R4 885 600                                   
Class of security:                 Linked Units                                 
Type of Holding:                   Direct, Beneficial                           
Nature of transactions:            The units were sold by Mr Nunes to reduce his
                                  loan from the iFour Unit Purchase Trust       
Scheme.                                       
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                                                                    
08 March 2007                                                                   
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
(Registration no: 1970/003711/07)                                               
Date: 08/03/2007 15:56:55 Produced by the JSE SENS Department.
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