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Mon 26 Jan 2009, 10:01 TBS - Tiger Brands Limited - Further cautionary announcement
TBS
TIIH                                                                            
TBS - Tiger Brands Limited - Further cautionary announcement                    
Tiger Brands Limited                                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1944/017881/06)                                           
JSE share code: TBS                                                             
ISIN: ZAE000071080                                                              
("Tiger Brands")                                                                
Further cautionary announcement                                                 
Shareholders of Tiger Brands are referred to the SENS announcement released     
today, 26 January 2009, by AVI Limited ("AVI"). Tiger Brands confirms that      
further formal communication has been made by Tiger Brands with the board of AVI
regarding a potential offer ("the Proposal"). The board of AVI and its advisers 
are considering the terms of the Proposal.                                      
Until such time as a further announcement is made, shareholders are advised to  
continue to exercise caution when dealing in their securities.                  
Bryanston                                                                       
Date: 26 January 2009                                                           
Financial Adviser, Debt Adviser and Transaction Sponsor to Tiger Brands         
Deutsche Securities (SA) (Proprietary) Limited                                  
Legal Advisers to Tiger Brands                                                  
Edward Nathan Sonnenbergs Incorporated                                          
Sponsor to Tiger Brands                                                         
JP Morgan Equities Limited                                                      
Transaction Communication Adviser to Tiger Brands                               
Brunswick South Africa Limited                                                  
Date: 26/01/2009 10:01:01 Produced by the JSE SENS Department.                  
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