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Thu 1 Sep 2005, 18:01 TIGER BRANDS LIMITED - DEALING IN SECURITIES
TIGER BRANDS LIMITED - DEALING IN SECURITIES                                    
Tiger Brands Limited                                                            
Share Code: TBS                                                                 
ISIN Code: ZAE000023560                                                         
(`Tiger Brands`, or `the Company`)                                              
DEALING IN SECURITIES                                                           
In  terms  of  paragraph 3.63 of the Listings Requirement of  the  JSE  Limited,
notice  is hereby given that M C Norris, an executive director of Tiger  Brands,
has disposed of 14 000 ordinary shares in Tiger Brands Limited.                 
Details in respect of options exercised are reflected hereunder:                
Date Options     Number of Options  Strike Price  Date Exercised                
Granted                             (R)                                         
29/01/2002         14 000           46.23776      31/08/2005                    
THE SHARES WERE DISPOSED OF ON 31 AUGUST 2005 AT THE PRICES REFLECTED HEREUNDER:
Number of Shares       Price (R)             Value (R)                          
14 000                 130.00                1 820 000.00                       
In accordance with the provisions of clause 3.66 of the Listings Requirements of
the JSE Limited, prior clearance for this transaction was given by the Chairman 
of the Board of Tiger Brands Limited.                                           
Sandton                                                                         
1 September 2005                                                                
Sponsor                                                                         
J.P.Morgan
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