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TOURVEST - DIRECTORS DEALING                                                    
TOURISM INVESTMENT CORPORATION                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1996/008144/06                                             
Share code: TRT      ISIN:ZAE000012472                                          
In compliance with Rules 3.72 - 3.75 of the JSE Listings Requirements, the      
following share transaction is disclosed:                                       
Director: C Scott                                                               
Nature of Transaction: Purchase                                                 
Number of shares: 23 773 @ R1.30 per share                                      
                              25 500 @ R1.35 per share                          
52 227 @ R1.40 per share                          
Nature of Interest: Direct beneficial                                           
Date: 17 May 2002

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