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TIW
 TIW                                                                             
Tiger Wheels Limited - Tiwheel Restructuring                                    
TIGER WHEELS LIMITED                                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1970/011662/06)                                            
Share code: TIW & ISIN: ZAE000007407                                            
("Tiwheel" or "the group")                                                      
TIWHEEL RESTRUCTURING                                                           
Shareholders are referred to the announcement dated 11 July 2006 and advised    
that it is a company restructuring announcement and not a cautionary            
announcement as stated in the heading.                                          
Midrand                                                                         
11 July 2006                                                                    
CORPORATE ADVISOR AND SPONSOR                                                   
SASFIN CAPITAL                                                                  
(A division of Sasfin Bank Limited)                                             
LEGAL ADVISOR                                                                   
FLUXMANS Inc.                                                                   
Date: 11/07/2006 03:35:52 PM Produced by the JSE SENS Department                
                                                                                
                                                                                

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