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Fri 23 Feb 2007, 16:44 TBS - Tiger Brands - Dealing In Securities
TBS
 TIIH                                                                            
TBS - 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 of the Listings Requirements of the JSE Limited,     
notice is hereby given that J J Louw an Executive Director of Adcock Ingram     
Holdings (Pty) Ltd, a major subsidiary of Tiger Brands Limited, has exercised 12
600 options and disposed of 12 600 ordinary shares in Tiger Brands Limited,     
being shares that were beneficially held by J J Louw.                           
Details in respect of options exercised are reflected hereunder:                
Date Options Granted     29/01/2002                                             
Number of Options        5 000                                                  
Strike Price (R)         46.23776                                               
Date Exercised           22/02/2007                                             
Date Options Granted     29/01/2004                                             
Number of Options        7 600                                                  
Strike Price (R)         64.91133                                               
Date Exercised           22/02/2007                                             
12 600 shares were disposed of on 22 February 2007 at the price reflected       
hereunder:                                                                      
Number of Shares         12 600                                                 
Price (R)                181.85                                                 
Value (R)                2 291 310                                              
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                                                                         
23 February 2007                                                                
Sponsor                                                                         
J.P.Morgan Equities Limited                                                     
Date: 23/02/2007 16:44:37 Produced by the JSE SENS Department.
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