TIVAN LIMITED — Director's Dealing 2005

Apr 28, 2005

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: 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	John W Barr
Date of last notice	November 2004

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	John W Barr is a director of Cavendish
(including registered holder)	Corporation Limited, Kensington
Note: Provide details of the circumstances giving rise to the	Consulting Pty Ltd and Farbarr
relevant interest.	Nominees Pty Ltd.
Date of change	26 April 2005
No. of securities held prior to change	4,000,000 ordinary shares owned by
	Cavendish Corporation Limited
	4,000,000 ordinary shares owned by
	Kensington Consulting Pty Ltd.
	1,000,000 ordinary shares owned by
	Kensington Capital Pty Ltd.
	500,000 options exercisable at \$0.15
	and expiring 31 May 2007 owned by
	John W Barr
Class	Ordinary
Number acquired	1,000,000

$\pm$ See chapter 19 for defined terms.

Number disposed	1,000,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$0.14 per share
No. of securities held after change	3,000,000 ordinary shares owned by Cavendish Corporation Limited
	4,000,000 ordinary shares owned by Kensington Consulting Pty Ltd.
	1,000,000 ordinary shares owned by Kensington Capital Pty Ltd.
	1,000,000 ordinary shares owned by Farbarr Nominees Pty Ltd.
	500,000 options exercisable at \$0.15 and expiring 31 May 2007 owned by John W Barr
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On-market

Part 2 - Change of director's interests in contracts

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

$+$ See chapter 19 for defined terms.

$\overline{\text{+ See chapter 19}}$ for defined terms.