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Thu 1 Feb 2007, 16:33 TBS - Tiger Brands Limited - Dealing in securities
TBS
 TIIH                                                                            
TBS - 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                                                           
1.  In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited  
    ("JSE"), notice is hereby given that M H Franklin, a Director of Tiger      
    Brands Limited, has exercised 48,400 options in Tiger Brands.               
Details in respect of options exercised are reflected hereunder.                
Date Options     Number of        Strike Price    Date Exercised                
Granted          Options          (R)                                           
29 January 2002  28,400           46.23776        29/01/2007                    
29 January 2004  20,000           64.91133        29/01/2007                    
2.  In terms of paragraph 3.63 of the Listings Requirements of the JSE, notice  
    is hereby given that M C Norris, a Director of Tiger Brands, has disposed   
    of 15,000 ordinary shares on 31 January 2007 in Tiger Brands, being shares  
that were beneficially held by him.                                         
Number of Shares       Price (R)             Value (R)                          
15,000                 R173.000              R2,595,000.00                      
3.  In terms of paragraph 3.63 of the Listings Requirements of the JSE, notice  
is hereby given that I W M Isdale, the Company Secretary of Tiger Brands    
    and a director of Tiger Food Brands Limited, a major subsidiary of Tiger    
    Brands, has exercised 12,000 options and disposed of 12,000 ordinary shares 
    in Tiger Brands, being shares that were beneficially held by him.           
Details in respect of options exercised are reflected hereunder.                
Date Options     Number of        Strike Price    Date Exercised                
Granted          Options          (R)                                           
29 January 2002  5,700            46.23776        31/01/2007                    
29 January 2004  6,300            64.91133        31/01/2007                    
12,000 shares were disposed of on 31 January 2007 at the price reflected        
hereunder:                                                                      
Number of Shares       Price (R)             Value (R)                          
12,000                 R172.2803             R2,067,363.60                      
In accordance with the provisions of clause 3.66 of the Listings Requirements of
the JSE, prior clearance for the above transactions was given by the Chairman of
the Board of Tiger Brands.                                                      
Sandton                                                                         
1 February 2007                                                                 
Sponsor                                                                         
J.P.Morgan Equities Limited                                                     
Date: 01/02/2007 16:33:01 Produced by the JSE SENS Department.
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