TIVAN LIMITED — Director's Dealing 2007

Jun 19, 2007

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
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	NEIL BIDDLE
Date of last notice	12 June 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

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

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.	Neil Biddle is a Director of Biddle Partners Pty Ltd and Hatched Creek Pty I td and Trustee of the Ace Trust
Date of change	19 June 2007
No. of securities held prior to change	9,406,625 ordinary shares held bv Biddle Partners Pty Ltd 550,000 ordinary shares held by Neil Biddle as trustee for the Ace Account 4,000 ordinary shares by Neil Biddle 3,000,000 unlisted Options exercisable @ \$0.50 expiring 31 March 2010 held by Hatched Creek Pty Ltd
Class	Ordinary Shares
Number acquired	400,000
Number disposed	$\overline{u}$

⁺ See chapter 19 for defined terms.

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$60,000
No. of securities held after change	9,806,625 ordinary shares held b٧ Biddle Partners Pty Ltd 550,000 ordinary shares held by Neil Biddle as trustee for the Ace Account
	4,000 ordinary shares by Neil Biddle 3,000,000 unlisted Options exercisable @ \$0.50 expiring 31 March 2010 held by Hatched Creek 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 in accordance with sub- underwriting agreement approved .bv shareholders

Part 2 – Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

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.

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