TIVAN LIMITED — Director's Dealing 2007

Jun 19, 2007

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	30 November 2006

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 Holding Pty Ltd.
Date of change	19 June 2007
No. of securities held prior to change	26,785 Ordinary shares 1,500,000 Unlisted Options expiring 30 November 2007, exercisable @ \$0.23
Class	Ordinary shares
Number acquired	400,000
Number disposed	u.
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$60,000
No. of securities held after change	26,785 Ordinary shares and 1,500,000 Unlisted Options expiring 30 November 2007, exercisable @ \$0.23 by Edward Fry
	400,000 Ordinary shares by Gimbulki Holding Pty Ltd.

⁺ See chapter 19 for defined terms.

Nature of change	Issue of shares in accordance with sub-
Example: on-market trade, off-market trade, exercise of options, underwriting agreement approved by issue of securities under dividend reinvestment plan, shareholders participation in buy-back

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.