TIVAN LIMITED — Board/Management Information 2011

Mar 31, 2011

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ASX ANNOUNCEMENT

APPOINTMENT OF MANAGING DIRECTOR

1[st] April 2011

ASX CODE : TNG

REGISTERED OFFICE TNG Limited Level 1, 282 Rokeby Road Subiaco, Western Australia 6008

T +61 8 9327 0900 F +61 8 9327 0901

W www.tngltd.com.au E corporate@tngltd.com.au

ABN 12 000 817 023

DIRECTORS Neil Biddle Paul Burton Stuart Crow

COMPANY SECRETARY Simon Robertson

PROJECTS Mount Peake: Fe-V-Ti Manbarrum: Zn-Pb-Ag East Rover: Cu-Au McArthur: Cu

TNG Limited (ASX: TNG) is pleased to announce that it has appointed experienced mining executive, Mr Paul Burton , who has held the position of CEO since September 2009, as the Company’s Managing Director .

Mr Burton will oversee the continued development of TNG’s flagship asset, the Mount Peake Vanadium-Titanium-Iron Project in the Northern Territory, where it recently commenced a Pre-Feasibility Study managed by global engineering firm Sinclair Knight Mertz.

TNG is pursuing the development of the Mount Peake Project – together with a proprietary hydrometallurgical processing technology developed by TNG in conjunction with its metallurgical consultants – as the foundation to develop a substantial ferrous metals business in Australia.

Mr Burton, who was appointed to the TNG Board as a Director on 11 August 2008, has over 20 years experience in exploration and mining throughout Australia and overseas.

An Exploration Geologist and Geochemist, Mr Burton previously held the positions of Exploration Manager and Exploration Director with the Company. He has managed successful mineral exploration programs for different commodities including base metals, precious metals, diamonds and ferrous metals, and has formerly held senior and executive roles with AngloAmerican/De Beers Ltd, Normandy Mining Ltd and Minotaur Exploration Ltd.

He has been involved with the development of all of the Company’s projects, in particular the flagship Mount Peake Project.

Mr Burton’s remuneration package as a Managing Director will be on the same terms as his current contract.

TNG LIMITED

CONTACT DETAILS Paul Burton | +61 8 9327 0900 Nicholas Read | +61 419 929 046 Simon Robertson | +61 8 9327 0900