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Tourism Investment Corporation Limited - Directors Dealings                     
TOURISM INVESTMENT CORPORATION LIMITED                                          
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)                                  
(REGISTRATION NUMBER 1996/008144/06)                                            
ISIN: ZAE000012472   SHARE CODE: TRT                                            
In compliance with Rules 3.72 - 3.75 of the JSE Listings Requirements, the      
following information is disclosed:                                             
Director               : Mr. Ian Meltzer                                        
Number of Securities   : 125 550 share options                                  
Nature of Interest     : Indirect and Beneficial                                
Nature of Transaction  : Sale                                                   
Date                   : 19 November 2002                                       
Price                  : Average price of 202,24 cents                          
Date: 20/11/2002 01:40:00 PM Produced by the JSE SENS Department                

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