TALISMAN MINING LIMITED — Director's Dealing 2009

Mar 19, 2009

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	Gary Lethridge
Date of last notice	2 February 2009

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	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/A
Date of change	18 March 2009
No. of securities held prior to change	Nil
Class	Unlisted incentive options, exercisable at $0.22 each on or before 31 August 2011 and vesting in three tranches as follows: - 2,000,000 vesting immediately; - 1,000,000 30 June 2009; and - 1,000,000 31 December 2009
Number acquired	4,000,000
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change Direct 4,000,000 $0.22 31 August 2011 Nature of change Issue of unlisted incentive options exercisable at

Example: on-market trade, off-market trade, exercise of options, $0.22 each on or before 31 August 2011 issue of securities under dividend reinvestment plan, participation in buy-back following shareholder approval at EGM held on 17 March 2009 and allotment on 18 March 2009.

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 N/A
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