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Wed 4 Jul 2007, 15:00 TBS - Tiger Brands - Further Cautionary Announceme
TBS
 TIIH                                                                            
TBS - Tiger Brands - Further Cautionary Announcement                            
TIGER BRANDS LIMITED                                                            
(Incorporated in the Republic of South Africa)(Registration number              
1944/017881/06)                                                                 
Share code: TBS & ISIN: ZAE000071080("Tiger Brands" or "the Company")           
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Shareholders are referred to the cautionary announcements published on 20 April 
2007 and 24 May 2007, in terms of which shareholders were advised that the Board
of Tiger Brands had mandated UBS South Africa (Pty) Ltd to assist it in         
evaluating all options with regard to the separation of the Company`s Healthcare
interests, which would include a potential sale, or unbundling and separate     
listing of the Pharmaceutical and Hospital Products businesses, either          
individually or on a combined basis.                                            
The evaluation exercise is under way and shareholders are reminded to continue  
to exercise caution in their dealings in the securities of the Company until    
such time as a further announcement is made.                                    
Sandton                                                                         
4 July 2007                                                                     
Financial advisor and transaction sponsor                                       
UBS South Africa (Pty) Ltd                                                      
SponsorJ.P. Morgan Equities Limited                                             
Date: 04/07/2007 15:00:00 Produced by the JSE SENS Department.
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