Realisation of Investment

Tiger Resource Finance PLC
15 February 2005







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


                            Sale of Cambrian shares


The Board of Tiger (the 'Board') announces that the Company has exercised
1,200,000 warrants and 150,000 options at a total cost of £375,000 in Cambrian
Mining Plc ('Cambrian'). The resulting Cambrian shares were sold on the 14
February 2005 realising proceeds of £2,708,708 and a profit on the transaction
of £2,333,708.


Tiger acquired the warrants and options as part of an investment in Cambrian in
March 2003. This investment represents a typical example of Tiger playing a
pro-active role in the formative years of a company where an investment is made.


This announcement is made in accordance with our policy of announcing all
material transactions. A material transaction is defined by the Board as a deal
that equals at least 20% of the Company's portfolio value.


Bruce Rowan, Chairman and investment director said that 'he was very pleased
with Cambrian's performance and with the profits that Tiger has realised with
this investment in Cambrian'.



For further information please contact:


Bruce Rowan, Chairman              Tel: [phone]

Colin Bird, Director               Tel: [phone]





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