TALISMAN MINING LIMITED — Director's Dealing 2008

Apr 8, 2008

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity TALISMAN MINING LIMITED ABN 71 079 536 495

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Steven Elliott
Date of last notice	5 February 2008

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Change in indirect interests.
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Arcaro Holdings Pty Ltd of which Mr Elliott is a sole Director and shareholder.
Date of change	8th& 9thApril 2008
No. of securities held prior to change	Direct : 5,310,001 Ordinary fully paid shares 136,667 20c quoted 31/12/2010 options Indirect : 1,690,001 Ordinary fully paid shares 1,530,001 20c quoted 31/12/2010 options
Class	Ordinary fully paid shares
Number acquired	200,000
Number disposed	Nil.

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	50.46c per ordinary fully paid shares.
No. of securities held after change	Direct : 5,310,001 Ordinary fully paid shares 136,667 20c quoted 31/12/2010 options Indirect : 1,890,001 Ordinary fully paid shares 1,530,001 20c quoted 31/12/2010 options
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	The purchase of 200,000 ordinary fully paid shares was an on-market trade.

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

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Detail of contract
Nature of interest
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to
which interest related prior to
change
Note: Details are only required for a contract in relation
to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details and an
estimated valuation
Interest after change
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• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002