Transaction in Own Shares

Tiger Resource Finance PLC
23 October 2006





                        Tiger Resource Finance p.l.c.



                           Transaction in Own Shares





Tiger Resource Finance plc ('Tiger' or the 'Company') announces that on 20
October 2006, the Company purchased 250,000 ordinary shares of 1p each in the
issued share capital of the Company ('Ordinary Shares') at a price of 3.8 pence
per Ordinary Share.  These Ordinary Shares are to be held as treasury stock.



Following the above purchase, the Company holds 7,000,000 Ordinary Shares in
treasury and the total issued share capital of the Company less treasury shares
is 193,881,939 ordinary shares.



This purchase was made pursuant to the authority granted by shareholders at the
Company's Annual General Meeting held on 25 June 2006. To date 7,000,000 shares
have been repurchased under this authority.



Enquiries :


Bruce Rowan - Chairman: 020 7486 3997
Colin Bird - Director: 020 581 4477






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