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Thu 2 Oct 2003, 10:53 DIRECTORS DEALINGS
TOURISM INVESTMENT CORPORATION - DIRECTORS DEALINGS                             
TOURISM INVESTMENT CORPORATION                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1996/008144/06                                             
("Tourvest")                                                                    
Share code: TRT                                                                 
ISIN: ZAE000012472                                                              
DIRECTORS DEALINGS                                                              
In compliance with Rules 3.72 - 3.75 of the JSE Listings Requirements, the      
following information is disclosed:                                             
Executive Director:           I Hay                                             
Number of Securities:         100 000                                           
Nature of Interest:           Direct beneficial                                 
Nature of Transaction:        Take up and sale of shares persuant to exercise   
                              of share options                                  
Date:                         30 September 2003                                 
Price:                        50 cents per share                                
Class of Security:            Ordinary Shares                                   
Executive Director:           I Hay                                             
Number of Securities:         850 000                                           
Nature of Interest:           Direct beneficial                                 
Nature of Transaction:        Take up and  purchase of shares persuant to       
                              excercise of share options                        
Date:                         30 September 2003                                 
Price:                        50 cents per share                                
Class of Security:            Ordinary Shares                                   
Date: 02/10/2003 09:21:22 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                


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