Net Asset Value(s)

RNS Number : 9555J

Tiger Resource Finance PLC

07 July 2011

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

NAV Update

The unaudited portfolio value (PV) (based on investments and cash only) at 30 June 2011 was 4p per ordinary share.

Investments held by the Company as at 30/06/11

Name	Number of shares	Share price GBP	Valuation GBP
African Eagle Resources Plc	1,241,174	0.1000	124,117
Aurum Mining Plc	8,333,333	0.0350	291,667
Ascent Resources Plc	9,642,857	0.0330	318,214
Dominion Petroleum Ltd	2,400,000	0.0363	87,120
ETFS Physical Platinum	2,250	105.35	237,037
In-Solve Plc	625,000	0.0500	31,250
Nautical Petroleum Plc	136,502	3.1300	427,251
New World Oil and Gas Plc	5,000,000	0.0625	312,500
Northern Petroleum Plc	294,118	0.7900	232,353
Sovereign Mines of Africa Plc	2,000,000	0.1050	210,000
Sunrise Resources Plc	665,000	0.0282	18,753
Tertiary Minerals Plc	1,330,000	0.0775	103,075
U3O8 Holdings Plc	4,166,666	0.0093	38,750
Vatukoula Gold Mines Plc	150,000	0.9425	141,375
Total Investments			2,573,462

Notes:

1) Investments in Acquarius Platinum Ltd, Duluth Metals Ltd and Pacific North West Corporation were realised in the quarter. Part-disposals were also made in Nautical Petroleum Plc and Vatukoula Gold Mines Plc.

2) Tiger made investments of £250,000 each in Aurum Mining Plc and New World Oil and Gas Plc.

2) All future reporting will be made on a quarterly basis and accordingly the next announcement will disclose the PV per share and investments as at 30 September 2011. The Company will disclose its investments on a quarterly basis when disclosing its PV.

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