IFC - IFCA - Posting of Circular

IFC - IFCA - Posting of Circular                                                
IFCA TECHNOLOGIES LIMITED                                                       
Incorporated in the Republic of South Africa                                    
(Registration number 2006/030759/06)                                            
Share code: IFC     ISIN: ZAE000088555                                          
("IFCA" or "the Company")                                                       
POSTING OF CIRCULAR                                                             
Further to the terms announcement released on SENS on 5 August 2011, and the    
subsequent updates to the market released on SENS, the most recent of which was 
dated 8 March 2012, the board of directors of IFCA is pleased to advise that the
circular containing full details of, inter alia, the mandatory offer and the    
IFCA sWare Disposal as well as a notice to convene a general meeting of IFCA    
shareholders in order to consider and, if deemed fit to pass, with or without   
modification, the resolutions necessary to approve and implement, inter alia,   
the IFCA sWare Disposal has been formally approved by the JSE and the Panel, and
is scheduled to be distributed to shareholders on Friday, 23 March 2012.        
Confirmation of such distribution will be announced on SENS.                    
20 March 2012                                                                   
Designated Adviser                                                              
Merchantec Capital                                                              
Date: 20/03/2012 08:29:01 Supplied by www.sharenet.co.za                     
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