TALISMAN MINING LIMITED — AGM Information 2011

Jul 5, 2011

Talisman Mining Ltd  ABN 71 079 536 495 6 Centro Avenue, Subiaco, WA 6008, Australia PO Box 1262, Subiaco, WA 6904, Australia Tel 618 9380 4230  Fax 618 9382 8200 www.talismanmining.com.au

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TALISMAN MINING

6 July 2011

The Manager Company Announcements Office Australian Stock Exchange

By Electronic Lodgement

Dear Sir,

TALISMAN MINING LIMITED – CHAIRMAN’S ADDRESS FOR EGM

Please find attached a copy of the Chairman’s Address to be delivered at the Company’s Extraordinary General Meeting to be held at 2.30pm Wednesday 6 July 2011.

For and on behalf of the Board,

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Daniel Madden

Company Secretary

TALISMAN MINING

CHAIRMAN’S ADDRESS

EXTRAODRINARY GENERAL MEETING – CHAIRMAN’S ADDRESS

I would now like to say a few words:

This has been an exciting and significant year so far for Talisman. The Company is undertaking the largest exploration initiative in its history and continues to aggressively explore our flagship Springfield Copper-Gold Project.

Recent drilling at the Monty prospect, located within the Central Corridor of the project is returning very encouraging exploration results, as we have reported. Importantly we have been able to identify a defined target horizon which is now the focus for much of our current exploration activities.

These results are the product of a lot of hard work and support the Company’s strong commitment to the Springfield project and the view that the project is a world class exploration opportunity, with the potential to host world class copper-gold VMS deposits.

Other notable activities in the last six months include the completion of the sale of the Wonmunna and Uaroo iron ore projects in February to Rico Resources Ltd for approximately 34 million dollars in cash and 35 million shares in Rico Resources.

The transaction has provided the Company with a significant cash injection which underpins the planned exploration program and will allow us to target new growth activities. It has also provided the Company with a foothold in future developments within the Pilbara through our significant shareholding in Rico Resources.

I would like to highlight the Company’s recent acquisition of two gold exploration projects, namely the Muddawerrie and Livingstone projects located near Meekatharra. These projects provide the Company with excellent opportunities to develop a series of high priority drilling targets.

The Company now is well funded and resourced. It is well structured with a capable and appropriate sized exploration team to handle the multiple active exploration projects and any new project evaluation.

There will be an opportunity to discuss all of these highlights at the conclusion of the formal matters of this meeting.