IFH - IFA Hotels & Resorts Limited - IFA change in year end to December

IFH - IFA Hotels & Resorts Limited - IFA change in year end to December         
IFA Hotels & Resorts Limited                                                    
Registration number 1919/001318/06                                              
Share code: IFH                                                                 
ISIN: ZAE000075669                                                              
("IFA" or "the company)                                                         
IFA CHANGE IN YEAR END TO DECEMBER                                              
Shareholders are hereby notified that the Board of IFA has approved the change  
in financial year-end for IFA from 30 June to 31 December.                      
Approval has been obtained from the South African Revenue Services and the      
Companies and Intellectual Property Commission (previously Companies and        
Intellectual Property Registration Office).                                     
The primary motivating factor which was considered by the Board to effect the   
change was to align IFA`s year-end with that of its majority shareholder, IFA   
Hotels & Resorts KSCC, who also changed its year-end to December in line with   
its Kuwaiti holding company. This change will result in a saving of audit and   
administration costs for IFA.                                                   
The change in year-end means that IFA will report, as a second set of interim   
results, reviewed results for the 12 months to 30 June 2011, and audited results
for the 18 months to 31 December 2011.                                          
Zimbali                                                                         
30 May 2011                                                                     
Sponsor                                                                         
QuestCo Sponsors (Proprietary) Limited                                          
Date: 30/05/2011 09:48:01 Supplied by www.sharenet.co.za                     
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