Cancellation of Shares

Tiger Resource Finance PLC
05 July 2006

                   Tiger Resource Finance plc (the 'Company')


                             Cancellation of shares



Tiger announces that on 4th July 2006, it has cancelled 35,000,000 ordinary
shares of 1p each ('Ordinary Shares') that were held as treasury shares.

Following this cancellation, Tiger does not hold any ordinary shares as treasury
shares.

The issued share capital of the Company is now 200,881,939.





For further information:

Bruce Rowan, Chairman

+ 44 20 7486 3997

Colin Bird, Director

+ 44 20 7581 4477



5th July 2006


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