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TIGER BRANDS LIMITED - NOTICE OF SHAREDEALINGS                                  
Tiger Brands Limited                                                            
Share Code: TBS                                                                 
ISIN Code: ZAE000023560                                                         
("Tiger Brands", or "the company")                                              
NOTICE OF SHAREDEALINGS LODGED WITH THE JSE SECURITIES EXCHANGE SOUTH AFRICA IN 
TERMS OF LISTINGS REQUIREMENTS PARAGRAPH 3.72                                   
Name of Company:            Tiger Brands Limited                                
Name of Director:           Mr. M C Norris                                      
Designation:                Executive Director                                  
Number of securities sold:  5 845 Tiger Brands ordinary shares                  
Price sold at:              R79,00 per share                                    
Strike price per share:     R34,09625                                           
Date:                       21 November 2002                                    
Nature of Transaction:      Direct beneficial interest                          
Sandton                                                                         
11 December 2002                                                                
Date: 11/12/2002 11:40:25 AM Produced by the JSE SENS Department                

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