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Fri 13 Jan 2006, 13:59 Tiger Brands - Dealing in securities
TBS
 TIIH                                                                            
Tiger Brands - Dealing in securities                                            
Tiger Brands Limited                                                            
(Registration number 1944/017881/06)                                            
(Incorporated in the Republic of South Africa)                                  
Share code: TBS                                                                 
ISIN: ZAE000071080                                                              
("Tiger Brands", or "the Company")                                              
Dealing in securities                                                           
In terms of paragraph 3.63 to 3.74 of the Listings Requirements of the JSE      
Limited, notice is hereby given that D B Kronson, an executive director of a    
major subsidiary of Tiger Brands Limited, has exercised 10 000 options and      
disposed of 10 000 ordinary shares in Tiger Brands Limited, being shares that   
were beneficially held by D B Kronson.                                          
Details in respect of options exercised are reflected hereunder:                
Date Options     Number of Options Strike Price   Date Exercised                
Granted                            (R)                                          
11/09/1998       4 800             27.65038       12/01/2006                    
08/07/1999       5 200             34.23724       12/01/2006                    
THE SHARES WERE DISPOSED OF ON 12 JANUARY 2006 AT THE PRICES REFLECTED          
HEREUNDER:                                                                      
Number of        Price (R)         Value (R)                                    
Shares                                                                          
10 000           155.60            1 556 000                                    
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                                                                         
13 January 2006                                                                 
Sponsor                                                                         
J P Morgan Equities Limited                                                     
Date: 13/01/2006 01:59:23 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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