Statement re Share Buyback

Tiger Resource Finance PLC
26 July 2006


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


The board of Tiger announces today that it intends to embark upon a share
buy-back programme as authorised by the Company's shareholders at its AGM held
on the 27 June 2006.  The buy-back will not be limited to definitive blocks of
shares nor to a fixed period of time.  The price paid per share may not exceed
20% higher than the average of the middle market quotations per share as derived
from the Alternative Investment Market of the London Stock Exchange for the
fifteen days immediately preceding the day on which the shares are purchased.


26 July 2006


For further information:

Bruce Rowan, Chairman                                     + 44 20 7486 3997

Colin Bird, Director                                      + 44 20 7581 4477


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