Tiger Brands Limited
(Formerly Tiger Oats Limited)
(Registration number 1994/017881/06)
(Incorporated in the Republic of South Africa)
("Tiger Brands")
Further cautionary announcement
Further to the cautionary announcement of 15 January 2001, Tiger Brands'
shareholders are advised that Tiger Brands has received approval in principle
from the South African Revenue Services to the restructuring of the
Agri-Poultry interests of Tiger Brands into a separate legal entity called
Astral Foods Limited ("Astral Foods") and that the distribution of the Astral
Foods' shares to Tiger Brands' shareholders be classified as an unbundling
transaction.
A full announcement detailing the restructuring, the unbundling and the
application to the JSE Securities Exchange South Africa ("the JSE") for the
listing of the Astral Foods' shares in the Industrial - "Food" sector of the
JSE lists will be made shortly.
Tiger Brands' shareholders are therefore advised to continue exercising caution
when dealing in their Tiger Brands shares.
Sandton
2 March 2001
Financial adviser
and sponsor
ING BARINGS
Corporate law advisers
and consultants
Edward Nathan & Friedland (Pty) Ltd
(Registration number 1999/026464/07)
Reporting accountants
and auditors
Arthur Andersen
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
