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Wed 15 Aug 2007, 16:00 TBS - Tiger Brands Limited - Further Cautionary An
TBS
 TIIH                                                                            
TBS - Tiger Brands Limited - Further Cautionary Announcement                    
TIGER BRANDS LIMITED                                                            
("Tiger Brands" or "the Company")                                               
(Incorporated in the Republic of South Africa)(Registration number              
1944/017881/06)Share code: TBSISIN: ZAE000071080                                
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Shareholders are referred to the cautionary announcements published on 20       
April 2007, 24 May 2007 and 4 July 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 exercise is continuing and shareholders are reminded to exercise            
caution in their dealings in the securities of the Company until such           
time as a further announcement is made.                                         
Bryanston                                                                       
15 August 2007                                                                  
Financial advisor and transaction sponsor                                       
UBS South Africa (Pty) Ltd                                                      
SponsorJ.P. Morgan Equities Limited                                             
Date: 15/08/2007 16:00:01 Produced by the JSE SENS Department.                  
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