Tiger Resource Regulatory News (TIR)

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

NAV Update

The unaudited portfolio value (PV) (based on investments and cash only) at 31 March 2012 was 3.83 pence per ordinary share. 

Investments held by the Company as at 31/03/12

Notes:

1) The above PV calculation is based on 122,571,939 Ordinary shares with a nominal value of 1 pence each ("Ordinary shares") being the Company's issued share capital of 127,071,939 Ordinary shares less 4,500,000 million Ordinary shares held in treasury.

2) The Company received 58,560 Ordinary shares in Ophir Energy Plc ("Ophir") following the takeover of Dominion Petroleum Plc by Ophir. Investments of GBP100,000 and GBP 101,200 were made in Pan Pacific Aggregates Plc and Papua Mining Plc respectively during the quarter. In-Solve Plc changed its name to Union MedTech Plc.

3) Cash funds held by the Company at 31 March 2012 amounted to GBP 1,760,954.

4) 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 June 2012. The Company will disclose its investments on a quarterly basis when disclosing its PV.

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