IFH - IFA Hotels & Resorts Limited - Renewal of cautionary announcement

IFH - IFA Hotels & Resorts Limited - Renewal of cautionary announcement         
IFA Hotels & Resorts Limited                                                    
Registration number 1919/001318/06                                              
Share code: IFH                                                                 
ISIN: ZAE000075669                                                              
("IFA" or "the Company")                                                        
RENEWAL OF CAUTIONARY ANNOUNCEMENT                                              
Further to the cautionary announcements dated 25 July 2011, 3 August 2011,      
16 September 2011 and 28 October 2011 relating to:                              
    a)   The possible sale of all shares and claims in Boschendal (Pty)         
         Limited ("Boschendal") by IFA Boschendal Investments (Pty)             
Limited, a 100% owned subsidiary of IFA and a 37.33% shareholder       
         in Boschendal, shareholders are hereby advised that negotiations       
         are still in progress which, if successfully concluded may have a      
         material effect on the price of the company`s securities; and          
b)   The Company having initiated a process to introduce potential          
         investors into the business, shareholders are advised that this        
         matter is still at a preliminary stage and may or may not result       
         in a potential corporate action that may have a material effect        
Chief Executive Officer                                                         
+27 11 726 1047 (office)                                                        
+27 83 628 0226 (mobile)                                                        
neal.froneman@gold1.co.za                                                       
Ilja Graulich                                                                   
Investor Relations                                                              
+27 11 726 1047 (office)                                                        
+27 83 604 0820 (mobile)                                                        
ilja.graulich@gold1.co.za                                                       
Date: 09/12/2011 14:48:44 Supplied by www.sharenet.co.za                     
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