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Tue 4 Jul 2006, 8:15 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 C Norris, an executive director of Tiger Brands   
Ltd, has exercised 50 300 options, being options that were beneficially held by 
him in terms of the Tiger Brands (1985) Share option Scheme, and has taken a    
loan in terms of the Tiger Brands (1985) Share purchase Scheme to fund such     
purchase, but has not disposed of any shares.                                   
Details in respect of options exercised are reflected hereunder:                
Date Options   Number of   Strike     Value (R)      Date                       
Granted        Options     Price (R)                 Exercised                  
29/01/2002     30 000      46.23776   1 387 132.80   03/07/2006                 
31/03/2003     20 300      56.10182   1 138 866.95   03/07/2006                 
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                                                                         
4 July 2006                                                                     
Sponsor                                                                         
J.P.Morgan Equities Limited                                                     
Date: 04/07/2006 08:15:02 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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