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Wed 2 Jul 2003, 13:10 Director dealings in shares
Tiger Brands -                 
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 H Franklin                           
Designation:                         Executive Director                         
Number of options exercised:         6 600 Tiger Brands ordinary                
shares                                     
Option price:                        R51,94625                                  
Date:                                26 June 2003                               
Nature of Transaction:               Exercise of options                        
Extent of directors interest:        Direct Beneficial                          
MR. FRANKLIN HAS NOT DISPOSED OF THE ORDINARY SHARES THAT HAVE BEEN ISSUED AS A 
CONSEQUENCE OF HIS EXERCISING THESE OPTIONS.                                    
Sandton                                                                         
2 July 2003                                                                     
Date: 02/07/2003 12:33:40 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
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