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Tue 17 Aug 2004, 18:04 TIGER BRANDS LIMITED - DIRECTOR"S DEALING IN SECUR
TIGER BRANDS LIMITED - DIRECTOR`S DEALING IN SECURITIES                         
TIGER BRANDS LIMITED                                                            
Share Code: TBS                                                                 
ISIN Code: ZAE000023560                                                         
(`Tiger Brands`)                                                                
DIRECTOR`S DEALING IN SECURITIES                                                
In terms of paragraph 3.63 of the Listings Requirements of the JSE Securities   
Exchange South Africa, notice is hereby given that M H Franklin, an executive   
director of Tiger Brands, has disposed of 48 300 ordinary shares of 10 cents    
each in Tiger Brands Limited, being shares that were beneficially held by M H   
Franklin.                                                                       
40 000 shares were disposed of on 16 August 2004 at the prices reflected        
hereunder:                                                                      
Number of Shares    Price (R) Value (R)                                         
 15 000                   88.90           1 333 500.00                          
15 000                   88.95           1 334 250.00                          
 10 000                   89.00           890 000.00                            
8 300 shares were disposed of on 17 August 2004 at the price reflected          
hereunder:                                                                      
Number of Shares    Price (R) Value (R)                                         
 8 300                    89.00           738 700                               
In accordance with the provisions of clause 3.66 of the Listings Requirements of
the JSE Securities Exchange South Africa, clearance to deal was given to M H    
Franklin by the Chairman of the Board of Tiger Brands Limited, prior to his     
disposal of the shares.                                                         
Sandton                                                                         
17 August 2004                                                                  
Sponsor                                                                         
Cazenove
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