Conversion of Redeemable Ordinary Shares to Ordinary Shares

Under the terms of the 2009 deed relating to the Tourism Holdings Limited Long Term Incentive Scheme, 1,190,000 redeemable ordinary shares have been converted to ordinary shares in thl. Attached is the information given per Listing Rule 7.12. Announcement authorised by: Mark Davis Chief Financial Officer Tourism Holdings Limited Direct Dial: +64 9 336 4212 Mobile: +64 27 444 0199 End CA:00316276 For:THL Type:SECISSUE Time:2018-04-03 13:32:04