Net Asset Value(s)

Tiger Resource Finance PLC
09 January 2007



             Tiger Resource Finance plc ('Tiger' or 'the Company')

                                  NAV Update


The unaudited portfolio value (PV) (based on investments and cash only) at 31
December 2006 was 4.87p per ordinary share.


All future reporting will be made on a quarterly basis and accordingly the next
announcement will disclose the portfolio value per share as at 31 March 2007.



For further information please contact:

Bruce Rowan, Chairman                     Tel: [phone]
Colin Bird, Director                      Tel: [phone]







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