Cancellation of Treasury Shares

Tiger Resource Finance plc

Cancellation of Treasury Shares and Total Voting Rights

Tiger Resource Finance Plc ("the Company" or "Tiger") announces that it has cancelled 25 million shares of 1p each ("Ordinary Shares") held in treasury on 1 March 2011.

Following the above, the Company continues to hold 4.5 million Ordinary Shares in treasury ("Treasury Shares"). The number of Ordinary Shares in issue (excluding Treasury Shares) following the above, and the figure to be used as the denominator for calculations of interests in the Company's voting rights, remains unchanged at 172,571,939 Ordinary Shares.

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