TIVAN LIMITED — Director's Dealing 2007

Nov 27, 2007

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: TNG 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	Edward Fry
Date of last notice	19 November 2007

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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Edward Fry is a Director of Gimbulki Holdings Pty Ltd.
Date of change	28 November 2007
No. of securities held prior to change	826,785 Ordinary shares and 700,000 Unlisted Options expiring 30 November 2007, exercisable @ $0.17 by Edward Fry 400,000 Ordinary shares by Gimbulki Holdings Pty Ltd.
Class	Ordinary shares
Number acquired	700,000 shares on the exercise of options
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$119,000

• See chapter 19 for defined terms.

Appendix 3Y Page 1

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	No. of securities held after change	No. of securities held after change	1,526,785 Ordinary shares by Edward Fry 400,000 Ordinary shares by Gimbulki Holdings Pty Ltd.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back			Issue of shares on the exercise of options
	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.

Appendix 3Y Page 2

30/9/2001