Purchase of Own Securities

Tiger Resource Finance PLC
27 August 2004


                      TIGER RESOURCE FINANCE PLC ('TIGER')

                                Treasury shares


Tiger announces that, as at 27 August, 2004, it has purchased in total
18,400,000 ordinary shares of 1p each which are to be held as Treasury Stock.

The issued share capital of Tiger excluding these treasury shares is 217,481,939
ordinary shares of 1p each.

Bruce Rowan has notified Tiger that he holds 44,666,239 ordinary shares being
20.5% of the issued share capital less treasury shares.


For further information please contact:

Bruce Rowan - Chairman
+ 44 (0) 207 486 3997

Colin Bird - Director
+ 44 (0) 207 581 4477


27 August, 2004


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