NET PROFIT FOR FISCAL YEAR: For the year ended April 30 1997 management confirms that Tiger International earned a net profit of approx. $407,425, or eleven cents per share, versus two cents per share the prior year. Cash on hand at April 30 was $1,158,927.

INTERIM RESULT: For the quarter ending July 31, 1997, Tiger International had unallocated cash on hand of $1,082,183.

WORK PROGRAM - BURMA: Tiger's domestic corporation in Burma has been formed, and the contract for Concession One signed with the government of the Union of Myanmar (Burma) has been formally novated into the domestic corporation. Management is pleased to report this accomplishment since obtaining domestic status in Myanmar elevates the status of the company and it's prestige in Myanmar. Tiger subsequently formally applied for an increase in size of Mining Concession One from 1,400 sq. kms to 2,350 sq. kms and is awaiting the response from the government. The work program will recommence within days. The results of the last year of work indicated that nine areas of gold mineralization were defined, two being proven as bedrock, and the other seven requiring additional work to locate the bedrock sources. Upon determining the bedrock source, drill targets will be calculated for the areas judged to warrant diamond drilling, and the drill program will commence. Drilling was anticipated during the 1996-97 work season, but was deferred due to the numerous areas of mineralization encountered, with Tiger's consulting geologist and operator recommending that all targets should be tested prior to commencement of drilling. The operator indicates that a diamond drill program is scheduled for March 1998.

SEC EXEMPTION: the United States Securities and Exchange Commission has granted Tiger a 12G exemption, number 82-1294. This permits securities dealers in the United States to deal and trade in Tiger International's shares.

Tiger International posts exploration and investment updates on its website at www tigerresources.com.

Tiger International Resources is an international mining exploration and development company with a major project in Burma, with developing interests in other countries.

Tiger International Resources Inc.

Patric Barry
President