NAV update

Tiger Resource Finance PLC
10 July 2006







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



                                   NAV Update



The unaudited portfolio value (PV) per share (based on investments and cash
only) at 30 June 2006 was 4.92p per share.



All future reporting will be made on a quarterly basis and accordingly the next
announcement will disclose the portfolio value per share as at 30 September
2006.





For further information please contact:

Bruce Rowan, Chairman                     Tel: [phone]
Colin Bird, Director                      Tel: [phone]







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