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TIVAN LIMITED Capital/Financing Update 2008

Jun 10, 2008

65967_rns_2008-06-10_2197b81b-ec73-420e-86e6-89885f9a137c.pdf

Capital/Financing Update

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RIGHTS ISSUE

11 June 2008

RIGHTS ISSUE

The Company is pleased to announce a non-renounceable rights issue on the basis of 1 new share for every 4 shares held at the record date at an issue price of 6 cents to raise $2,890,250.

The underwriting of the rights issue is being provided by Kirkes Securites Limited.

Yours faithfully TNG Limited

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John W Barr Chairman

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TIVAN LIMITED — Capital/Financing Update 2008

65967_rns_2008-06-10_2197b81b-ec73-420e-86e6-89885f9a137c.pdf

RIGHTS ISSUE

11 June 2008

RIGHTS ISSUE

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TIVAN LIMITED Capital/Financing Update 2008