TBS - Tiger Brands Limited - Clarification of news report
TBS
TIIH
TBS - Tiger Brands Limited - Clarification of news report
TIGER BRANDS LIMITED
"Tiger Brands" or "the Company"
(Incorporated in the Republic of South Africa)
(Registration number 1944/017881/06)
Share code: TBS
ISIN: ZAE000071080
CLARIFICATION OF NEWS REPORT
An article has appeared on page 3 of the Business Report of Thursday, November
26 November 2009 entitled "Tiger Brands and Shoprite consider partnership deal
in Nigeria".
Tiger Brands believes that Nigeria presents a significant business opportunity
and therefore it would consider an alliance with a local Nigerian partner with
significant and well-established distribution capabilities. The company wishes
to place on record that it has not considered nor will it consider any form of
equity partnership with Shoprite in Nigeria and the statement that Tiger Brands
and Shoprite is considering a partnership deal in Nigeria is not correct.
Shoprite is an important and valued customer of Tiger Brands, as are all other
customers of Tiger Brands, which include competitors of Shoprite.
Bryanston
26 November 2009
Sponsor
JP Morgan Equities Limited
Date: 26/11/2009 09:34:01 Produced by the JSE SENS Department.
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