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Fri 3 Sep 2004, 16:23 Director"s Dealings In Securities
Tiger Wheels Limited - Director`s Dealings In Securities                        
  TIGER WHEELS LIMITED                                                            
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1970/011662/07)                                            
  (`Tiwheel` or `the company`)                                                    
  Share Code: TIW          ISIN Number: ZAE000007407                              
  DIRECTOR`S DEALINGS IN SECURITIES                                               
  In compliance with paragraph 3.63 to 3.74 of the Listings Requirements of the   
  JSE Securities Exchange South Africa (`JSE Listings Requirements`), we hereby   
  advise the following exercise of share options by a director in Tiwheel         
  securities:                                                                     
  Director                                :    J Loots                            
  Date of transaction                     :    3 September 2004                   
  Number of shares                        :    50 000                             
  Class                                   :    Ordinary shares                    
  Exercise price                          :    780 cents                          
  Nature                                  :    Exercise of share options          
  Extent of interest                      :    Direct beneficial                  
  Clearance to deal was obtained in accordance with section 3.66 of the JSE       
  Listings Requirements                                                           
  3 September 2004                                                                
  Date: 03/09/2004 04:09:06 PM Produced by the JSE SENS Department                
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