Substantial Interest

Tiger Resource Finance PLC
24 January 2001

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

Tiger announces that it was informed on 23 January, 2001 of the following
substantial interests in the issued ordinary share capital of the Company:


Shareholder                  No of Shares   Percentage of issued ordinary
                             held           shares held
Everetts Financial           25,000,000     11.19%
Management Ltd


                             32,495,671     14.55%
Minmet plc





24 January, 2001