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Mon 28 Feb 2005, 15:59 Director Dealings In Shares
Tourism Investment Corporation Limited  - Director Dealings In Shares           
TOURISM INVESTMENT CORPORATION LIMITED                                          
Registration number: 1996/008144/06                                             
Share code: TRT                                                                 
ISIN: ZAE000012472                                                              
(`Tourvest` or `the company`)                                                   
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following information is disclosed:                                             
Director                 :    Mr I C Meltzer                                    
Number of shares         :    88 000                                            
Date of transaction      :    24/02/2005                                        
Price per share          :    R1.50                                             
Class of shares          :    Ordinary                                          
Nature of transaction    :    Sale                                              
Nature of interest       :    Beneficial                                        
Director                 :    Mr I C Meltzer                                    
Date of transaction      :    25/02/2005                                        
Number & price of shares :    78 000 @ R1.42                                    
                              118 300 @ R1.43                                   
16 700 @ R1.44                                    
Class of shares          :    Ordinary                                          
Nature of transaction    :    Sale                                              
Nature of interest       :    Beneficial                                        
Director                 :    Mr I C Meltzer                                    
Number & price of shares :    1 376 @ R1.41                                     
                              43 624 @ 1.40                                     
Date of transaction      :    28/02/2005                                        
Class of shares          :    Ordinary                                          
Nature of transaction    :    Sale                                              
Nature of interest       :    Beneficial                                        
Clearance in terms of para 3.66 was obtained.                                   
28 February 2005
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