TIGER BRANDS LIMITED - DEALING IN SECURITIES

DEALING IN SECURITIES

TIGER BRANDS LIMITED
“Tiger Brands” or “the Company”
(Incorporated in the Republic of South Africa)
(Registration number 1944/017881/06)
Share code: TBS
ISIN: ZAE000071080


DEALING IN SECURITIES


In terms of paragraph 3.63 of the JSE Listings
Requirements, notice is hereby given that C F H Vaux, an
Executive Director of Tiger Brands and a director of a
major subsidiary, has exercised options and sold ordinary
shares on 28 November 2012.
Details in respect of the shares sold are reflected
hereunder:

Nature of transaction          Off market exercise and on
                               market sale of shares in
                               terms of the Tiger
                               Brands(1985) Share Option
                               Scheme

Transaction Date               28 November 2012
Number of Shares               19 000
Class of Security              Ordinary shares
Market Price per Share         Lowest price - 297.75
                               Highest price - 298.26
                               Average price – 298.01

Total Value                    R5,642,776.76

Vesting Period                 The options expire       on   29
                               January 2014.

Nature of interest             Direct and Beneficial

In accordance with the provisions of clause 3.66 of the
JSE Listings Requirements, prior clearance of this
transaction was given by the Chairman of the Board.

Bryanston
30 November 2012

Sponsor:
J.P. Morgan Equities Limited

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