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Mon 24 May 2010, 15:21 TBS - Tiger Brands - Dealing in securities - exercise of options
TBS
TIIH                                                                            
TBS - Tiger Brands - Dealing in securities - exercise of options                
TIGER BRANDS LIMITED                                                            
(Registration number 1944/017881/06)                                            
(Incorporated in the Republic of South Africa)                                  
Share code: TBS                                                                 
ISIN: ZAE000071080                                                              
"Tiger Brands", or "the Company")                                               
Dealing in securities - exercise of options                                     
In terms of paragraph 3.63 of the JSE Listings Requirements, notice is hereby   
given that M Fleming, executive director of Tiger Brands Limited has exercised 9
100 options, being options that were beneficially held by him in terms of the   
Tiger Brands (1985) Share Option Scheme, and has taken a loan in terms of Tiger 
Brands (1985) Share Purchase Scheme to fund such purchase, but has not disposed 
of any shares.                                                                  
Details in respect of options exercised are reflected hereunder:                
Date Options  Number of     Strike Price    Value (R)   Date                    
Granted       Options       (R)                         Exercised               
29/01/2004    2 400         51.28792      123 091.01    24/05/2010              
25/01/2005    6 700         75.13277      503 389.56    24/05/2010              
Nature of transaction:   Exercise of options                                    
Number of securities:    9 100                                                  
Class of securities:     Ordinary                                               
Nature of interest:      Direct beneficial                                      
Transaction completed:   Off market                                             
In accordance with the provisions of clause 3.66 of the Listings Requirements of
the JSE Limited, prior clearance for this transaction was given by the Chairman 
of the Board of Tiger Brands Limited.                                           
Bryanston                                                                       
24 May 2010                                                                     
Sponsor                                                                         
J.P. Morgan Equities Limited                                                    
Date: 24/05/2010 15:21:01 Produced by the JSE SENS Department.                  
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