TIVAN LIMITED — Director's Dealing 2008

Jan 17, 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	NEIL BIDDLE
Date of last notice	13 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

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 Ltd and Trustee of the Ace Trust
Date of change	11, 14 and 15 January 2008
No. of securities held prior to change	9,206,625 Ordinary Shares held by Biddle Partners Pty Ltd 550,000 Ordinary Shares held by Neil Biddle as trustee for the Ace Account 3,000,000 Unlisted Options exercisable @ $0.49 expiring 31 March 2010 held by Biddle Partners Pty Ltd
Class	Ordinary Shares and Unlisted Options
Number acquired	1,000,000 Ordinary Shares by the Ace Trust 2,850,000 Unlisted Options by Hatched Creek Pty Ltd
Number disposed	2,600,000 Ordinary Shares 2,850,000 Unlisted Options

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Off market sale of 1,600,000 Ordinary Shares for $510,000 Off market transfer of 1,000,000 Ordinary Shares for $310,000 Off market transfer of 2,850,000 Unlisted Options for $430,000
No. of securities held after change	6,606,625 ordinary shares held by Biddle Partners Pty Ltd 1,550,000 ordinary shares held by Neil Biddle as trustee for the Ace Account 150,000 unlisted options exercisable @ $0.49 expiring 31 March 2010 held by Biddle Partners Pty Ltd 2,850,000 unlisted options exercisable @ $0.49 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	Off Market Transfer and Off Market Sale

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

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 3

11/3/2002