IFH - IFA Hotels & Resorts Limited - Cautionary announcement

IFH - IFA Hotels & Resorts Limited - Cautionary announcement                    
IFA Hotels & Resorts Limited                                                    
Registration number 1919/001318/06                                              
Share code: IFH                                                                 
ISIN: ZAE000075669                                                              
("IFA" or "the company)                                                         
Cautionary Announcement                                                         
Shareholders are advised that IFA has entered into negotiations, which if       
successfully concluded may have a material effect on the price of the company`s 
securities.                                                                     
Accordingly shareholders are advised to exercise caution when dealing in the    
company`s securities until a full announcement is made.                         
Zimbali                                                                         
23 May 2011                                                                     
Sponsor                                                                         
QuestCo Sponsors (Proprietary) Limited                                          
Date: 23/05/2011 11:37:01 Supplied by www.sharenet.co.za                     
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