TIVAN LIMITED — Director's Dealing 2005

Apr 28, 2005

Appendix 3Y

Rule 3.19A.2

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: Tennant Creek Gold Limited
ABN: 12 000 817 023

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	Terence Smith
l Date of last notice	7 April 2005

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

Direct or indirect interest	Direct & Indirect
Nature of indirect interest	Terence Smith is a director of Bonsmith Pty Ltd, Teas
(including registered holder)	Nominees Pty Ltd and Wardross Nominees Pty Ltd.
Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	26 April 2005
No. of securities held prior to change	700,000 ordinary shares owned directly or jointly by Terence
	Smith
	800,000 ordinary shares owned by Bonsmith Pty Ltd
	147,016 ordinary shares owned by Teas Nominees Pty Ltd
	100,000 ordinary shares owned by Wardross Nominees Pty
	Ltd
	500,000 31 May 2007 options owned by Teas Nominees Pty
	Ltd.
Class	Ordinary shares
Number acquired	Nil

Number disposed	100,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$$0.14$ per share
No. of securities held after change	700,000 ordinary shares owned directly or jointly by Terence Smith 800,000 ordinary shares owned by Bonsmith Pty Ltd 147,016 ordinary shares owned by Teas Nominees Pty Ltd 500,000 31 May 2007 options owned by Teas Nominees Pty Ltd.
Nature of change Example: on-market trade, off-market trade,	On-market trades.
exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back

Part 2 - Change of director's interests in contracts

r

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