Statement re Share Repurchase

Tiger Resource Finance PLC
23 June 2004

Tiger Resource Finance plc

23 June 2004


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




Tiger Resource Finance plc ('Tiger') announces that it intends to embark upon a
share buy-back programme as authorised by the Company's shareholders at its last
AGM held on the 26 March 2004. The buy-back will not be limited to definitive
blocks of shares nor to a fixed period of time. The price paid per share may not
exceed 20% higher than the average of the middle market quotations per share as
derived from the Alternative Investment Market of the London Stock Exchange for
the fifteen days immediately preceding the day on which the shares are
purchased.

23 June 2004







For further information:
Bruce Rowan, Chairman                                   + 44 20 7486 3997
Colin Bird, Director                                    + 44 20 7581 4477





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