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TIVAN LIMITED Director's Dealing 2007

Apr 1, 2007

65967_rns_2007-04-01_f74c5b0f-b890-4503-a04e-f6bfac264907.pdf

Director's Dealing

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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 26 March 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.
John W Barr is a Director of Cavendish
Corporation Limited, and a Director and
Shareholder of Kensington Consulting
Pty Ltd, Kensington Capital Pty Ltd and
Farbarr Nominees Pty Ltd.
Date of change 2 April 2007
No. of securities held prior to change 6,500,000 ordinary shares and 599,999
options exercisable @ \$0.15 expiring
31 May 2007 owned by Kensington
Consulting Pty Ltd.
2,800,000 ordinary shares
and
$1,031,000$ options exercisable $@$ \$0.15
expiring 31 May 2007 owned

Kensington Capital Pty Ltd.
700,000 ordinary shares
held

Farbarr Nominees Pty Ltd
Class Options expiring 31/5/07 @ \$0.15
Ordinary shares
Number acquired 1,000,000 ordinary shares
Number disposed 1,000,000 options
exercised
and
131,000 options sold.

+ See chapter 19 for defined terms.

Value/Consideration
Note: If consideration is non-cash, provide details and estimated
valuation
1,000,000
@
\$0.15
option
per
exercised
100,000 @ \$0.26 per option sold
31,000 @ \$0.25 per option sold
No. of securities held after change 7,000,000 ordinary shares owned by
Kensington Consulting Pty Ltd.
3,300,000 ordinary shares and 500,000
options exercisable @ \$0.15 expiring
31 May 2007 owned by Kensington
Capital Pty Ltd.
700,000 ordinary shares
held
DV.
Farbarr Nominees 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
Exercise of options and on-market sale
of shares and options.

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.