TIVAN LIMITED — Director's Dealing 2008

Aug 24, 2008

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	Terence Smith
Date of last notice	19 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

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.	Terence Smith is a director of Bonsmith Pty Ltd and Teas Nominees Pty Ltd.
Date of change	20 August 2008
No. of securities held prior to change	700,000 ordinary shares owned directly or jointly by Terence Smith 1,550,000 ordinary shares owned by Bonsmith Pty Ltd 3,022,710 ordinary shares owned by Teas Nominees Pty Ltd.
Class	Ordinary Shares
Number acquired	1,318,177

• See chapter 19 for defined terms. 30/9/2001

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.06 each
No. of securities held after change	875,000 ordinary shares owned directly or jointly by Terence Smith 1,937,500 ordinary shares owned by Bonsmith Pty Ltd 3,778,387 ordinary shares owned by Teas 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	Participation in Rights Issue

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. 30/9/2001

Appendix 3Y Page 2