Purchase of Own Securities

Tiger Resource Finance PLC
23 August 2004


                      TIGER RESOURCE FINANCE PLC ('TIGER')

                           Purchase of Own Securities


Tiger announces that, on 20 August, 2004, it purchased 650,000 ordinary shares
at a price of £0.0203 each. These shares are to be held as Treasury Stock.

For further information:

Bruce Roan - Chairman
+ 44 (0) 207 486 3997

Colin Bird - Director
+ 44 (0) 207 581 4477

23 August, 2004


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