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Tue 23 Sep 2008, 11:49 TIW - Tiger Wheels Limited - Update to Tiwheel shareholders
TIW
TIW                                                                             
TIW - Tiger Wheels Limited - Update to Tiwheel shareholders                     
TIGER WHEELS LIMITED                                                            
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)                                  
(REGISTRATION NUMBER 1970/011662/07)                                            
SHARE CODE: TIW  ISIN NUMBER: ZAE000007407                                      
("TIWHEEL")                                                                     
UPDATE TO TIWHEEL SHAREHOLDERS                                                  
Tiwheel wishes to advise shareholders that the company was placed under         
provisional liquidation by the Master of the High Court ("Court"). PG Torre, EM 
Motala and SL Magardie were appointed as Joint Provisional Liquidators by the   
Court.                                                                          
Further announcements will be made in relation to the liquidation in order to   
keep shareholders informed.                                                     
This announcement is made voluntarily by the board of Tiwheel.                  
Johannesburg                                                                    
23 September 2008                                                               
Sponsor:                                                                        
Sasfin Capital                                                                  
(a division of Sasfin Bank Limited)                                             
Date: 23/09/2008 11:49:01 Produced by the JSE SENS Department.                  
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