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                                              
Shareholders are referred to previous cautionary announcements, the last of     
which was published on 26 January 2012 and are advised that the negotiations    
referred to therein are ongoing.                                                
These negotiations are still at a preliminary stage and may or may not result in
a potential corporate action that may have a material effect on the price of the
Company`s securities.                                                           
Accordingly, shareholders are advised to continue to exercise caution when      
dealing in the Company`s securities, until a further detailed announcement is   
made.                                                                           
Zimbali                                                                         
8 March 2012                                                                    
Sponsor: Sasfin Capital (a division of Sasfin Bank Limited)                     
Date: 08/03/2012 16:27:01 Supplied by www.sharenet.co.za                     
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