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Thu 28 Aug 2003, 16:44 Directors Dealings
Tiger Brands Limited - Directors Dealings                                       
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 THE REVISED LISTINGS REQUIREMENTS PARAGRAPH 3.63                       
In terms of paragraph 3.63 of the Listings Requirement of the JSE Securities    
Exchange, notice is hereby given that Mr M C Norris, an executive director of   
Tiger Brands, has exercised 14 155 options and disposed of 20 355 ordinary      
shares in Tiger Brands Limited, being shares that were beneficially held by Mr M
C Norris.                                                                       
Details in respect of options exercised are reflected hereunder:                
Date Options     Number of        Price           Date Exercised                
Granted          Options          R                                             
11/09/1998       10 555           34.09625        26/08/2003                    
24/06/1999       3 600            51.94625        26/08/2003                    
THE SHARES THAT WERE DISPOSED OF WERE DISPOSED OF ON 27 AUGUST 2003 AT THE      
PRICES REFLECTED HEREUNDER:                                                     
Number of Shares       Price                 Value                              
                       R                                                        
7 300                  73.90                 539 470.00                         
49                     73.95                 3 623.55                           
13 006                 72.50                 942 935.00                         
Total    20 355                              1 486 028.55                       
The director"s interest in the transaction is that Mr M C Norris disposed of    
ordinary shares beneficially held by him in terms of the Company"s share option 
and share purchase schemes.                                                     
Sandton                                                                         
28 August 2003                                                                  
Date: 28/08/2003 04:40:35 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
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