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Thu 24 Jun 2004, 14:25 Notice of Sharedealings
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 THE REVISED LISTINGS REQUIREMENTS PARAGRAPH 3.63                       
1.                                                                              
In terms of paragraph 3.63 of the Listings Requirements of the JSE Securities   
Exchange, notice is hereby given that M H Franklin, an executive director of    
Tiger Brands, has exercised 6 800 options, being options that were beneficially 
held by him in terms of the Tiger Brands (1985) Share purchase Scheme, and has  
taken a loan to fund such purchase, but has not disposed of any shares.         
Details in respect of options exercised are reflected hereunder:                
Date Options     Number of    Strike Price   Value (R)     Date                 
Granted          Options      (R)                          Exercised            
24/06/1999       6 800        51.94625       353 234.50    24/06/2004           
In accordance with the terms of clause 3.66 of the Listings Requirements of the 
JSE Securities Exchange South Africa, clearance to deal was given to M H        
Franklin, prior to his exercising of the options, by the Chairman of the Board  
of Tiger Brands Limited.                                                        
Sandton                                                                         
24 June 2004                                                                    
Sponsor                                                                         
Cazenove                                                                        
Date: 24/06/2004 02:08:05 PM                 
Produced by the JSE SENS Department
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