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Wed 16 Mar 2005, 9:03 Dealings in securities by the company secretary
Tourvest - Dealings in securities by the company secretary                      
Tourism Investment Corporation Limited                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 1996/008144/06)                                            
Share code:  TRT      ISIN:  ZAE000012472                                       
(`Tourvest`)                                                                    
DEALINGS IN SECURITIES BY THE COMPANY SECRETARY                                 
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following information is disclosed:                                             
Company director         C.G. Mortimer                                          
Date of transaction      15 March 2005                                          
Number of shares         100 000                                                
Price of shares          50c                                                    
Class of shares          Ordinary shares                                        
Nature of transaction    The acquisition and payment of shares on a deferred    
basis in terms of the Tourvest Share Trust             
Nature of interest       Direct beneficial                                      
Clearance                Clearance in terms of par. 3.66 of the JSE Listings    
                         Requirements has been obtained from the Chairman of    
the Board of directors.                                
Johannesburg                                                                    
16 March 2004                                                                   
Sponsor:                                                                        
Investec Bank Limited
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