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Tigon Announcement                                                              
Tigon Limited                                                                   
ISIN:       ZAE000022240                                                        
Share code: TGN                                                                 
Financial services group Tigon today announced that it has disposed of its 50%  
interest in Cotton King Manufacturing and Dyecomber for an undisclosed cash     
consideration.                                                                  
Ends                                                                            
ISSUED FOR:    Tigon Limited                                                    
CONTACT:       Gary Porritt  Tel : (033) 394 2854; or                           
               Sue Bennett Tel: (011) 440 5640                                  
FAX NO:        (033) 394 2218 or (011) 440 5642                                 
E-MAIL:        sue@tigonlimited.co.za                                           
WEBSITE:       www.tigonlimited.co.za                                           
ISSUED BY:     TISH STEWART PR ASSOCIATES                                       
CONTACT:       Tish Stewart   (011) 325 4195   Cell:  082 443 6399              
FAX NO:        (011) 325-4199                                                   
E-MAIL:        Tish@tspr.co.za                                                  
DATE:18 November 2002                                                           
Date: 18/11/2002 05:43:01 PM Produced by the JSE SENS Department                

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