Disclosure under Rule 7.1 of The Securities Regulation Panel Code On Take-
Overs And Mergers
Date of disclosure : 20 July 2001
Date of dealing : 18 July 2001
Dealing in : Tourism Investment Corporation Ltd
(Registration number 1996/008144/06)
Class of Securities : Ordinary shares
Number bought : 20,000
Price per unit : 82 cents per share
Total resultant percentage : 14,34%
Party making disclosure : Merrill Lynch South Africa
Ends
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