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Mon 6 Sep 2004, 17:38 Tourism Investment Corporation Limited - Interest
Tourism Investment Corporation Limited - Interest In Sale Of Securities By A    
Director                                                                        
Tourism Investment Corporation Limited                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 1996/008144/06)                                            
Share code:  TRT   ISIN:  ZAE000012472                                          
(`Tourvest`)                                                                    
INTEREST IN SALE OF SECURITIES BY A DIRECTOR                                    
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following information is disclosed:                                             
Date of transaction                :  27 August 2004                            
Number of shares                   :  520 000                                   
Price of shares                    :  R1.38                                     
Class of shares                    :  Ordinary shares                           
Nature of transaction              :  Mr Geldenhuys, a director of Tourvest has 
been advised that on 27 August 2004 the   
                                   trustee of the Seekers Share Trust disposed  
                                   of 520 000 shares in Tourvest.               
                                     Mr A Geldenhuys, also a founder member of  
that trust, has been advised that the trust  
                                   is in the process of being wound up.  As a   
                                   result Mr Geldenhuys should receive a cash   
                                   distribution on the winding up of the trust  
resulting from the sale of the shares held in
                                   that trust.                                  
Nature of interest                 :  Indirect beneficial                       
Approval                           :  Clearance in terms of par. 3.66 of the JSE
Listings Requirements was obtained by the trustee      
Johannesburg                                                                    
6 September 2004                                                                
Sponsor:                                                                        
Investec Bank Limited
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