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Mon 20 Feb 2006, 16:32 Tiger Brands Limited - Dealing in securities
TBS
 TIIH                                                                            
Tiger Brands Limited - 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 of the Listings Requirements of the JSE Limited,     
notice is hereby given that M H Franklin, an executive director of Tiger Brands,
has exercised 44 900 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    Strike     Value (R)      Date                       
Granted          of        Price (R)                 Exercised                  
                 Options                                                        
29/01/2002       28 300    46.23776   1 308 528.60   17/02/2006                 
                                                     17/02/2006                 
03/02/2003       16 600    56.10182     931 290.21                              
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                                                                         
20 February 2006                                                                
Sponsor                                                                         
J.P.Morgan Equities Limited                                                     
Date: 20/02/2006 04:32:08 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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