Dividend Notification Declaration

Tiger Brands Ld
18 May 2000

Tiger Brands Limited
(Formerly Tiger Oats Limited)
(Registration number 1994/017881/06)
(Incorporated in the Republic of South Africa)
5,5% Cumulative Preference Shares
Dividend number 112
Notice is hereby given that dividend number 112 at the rate of 5,5% per annum,
equivalent to 5,5 cents per share, in respect of the six months ending 30 June
2000, is payable to holders of the 5,5% cumulative preference shares
registered in the books of the Company at the close of business on 9 June
2000.
The transfer books and register of members will be closed from
10 June 2000 to 18 June 2000, both days inclusive.
The dividend is declared in the currency of the Republic of South Africa and
payment will be made by the company's transfer secretaries in South Africa and
in the United Kingdom on 31 July 2000.
Shareholders paid from the United Kingdom will receive the United Kingdom
currency equivalent of their dividends (less appropriate taxes), the rate of
exchange being determined on 10 July 2000.
By order of the board
I WMIsdale
Group Secretary
18 May 2000