TIVAN LIMITED — Major Shareholding Notification 2009

Aug 10, 2009

I Adam street . London WC2N 6LE Tel: (20 7389 7000 Fax: (20 7389 7056

RAB CAPITAL

Fax

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To:	Company filings		From: RAB Capital PLC
	Company: ASX	Pages:	6 (incl. cover page)
Fax:	0061 297780999	Date:	10 August 2009
	0061 293470005
Re:	Australian filings	CC:

Please find attached the company filing for TNG Limited.

Kind regards,

Lorraine Park RAB Capital Plc 1 Adam Street London WC2N 6LE

Legal@rabcap.com Tel: +44 (0)20 7389 7108 Fax: +44 (0)20 7389 7057

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Con pany Name/Scheme	TNG Limited
ACN/AF SN	000 017 023
1. Detal s of substantial holder (1)
Name	RAB Special Situations (Master) Fund Limited
ACN/AF 3N (if applicable)	(A Cayman Islands Registered Company)
There w is a change in the interests of the substant al holder on	10/08/2009
The previous notice was given to the company on	12/01/2009
The previous notice was dated	12/01/2009

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice		Present notice
	Person's votes Voting power (5)		Person's votes	Voting power (5)
Ord nary shares	17,020,338	6.60%		5.70%

3. Changes in relevant interests

Particula s of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the comr any or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follow .:

Date $f$ chanc s	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
Plesse
599
atta shed

4. Preser t relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows;

Holde of releva it intere: t	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
RAB Spec.al Situ kions (Mas:ar) Fund Limi :od	HSBC Custody Nominees (Australia) Limited	HSBC Custody Nominees (Australia) Limited	Beneficial holder	14,710,913 ordinary shares	14,710,913 ordinary shares

Dutherical Cimeraules for Dip

			$-$
-- $\overline{\phantom{a}}$
	------ $\overline{\phantom{a}}$	--	. ___

5. Chan jes in association

The pert ons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substant at holder in relation to voting interests in the company or scheme are as follows:

Namil and ACN/ARSN (if applicable) Nature of association

6. Addresses

The additesses of persons named in this form are as follows:

Name	Address
HSBC Custody Nominees (Australia) Limited	GPO Box 5302, Sydney NSW 2000
RAB Special Situations (Master) Fund Limited	C/O RAB Capital plc, 1 Adam Street, London, WC2N 6LE, UK

Signa ure

print name	Jake Leavesley	Benjamin Hill	capacity	namo---vew signaculies ivi ras Capital Plc for and on behalf of RAB Special Situations (Master) Fund Limited
sign here	Parth и.	ann	date	10/08/2009
		DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the mal ager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of per ons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group. with the names and addresses of members is clearly set out in paragraph 6 of the form.
• $(2)$ Sec the definition of "associate" in section 9 of the Corporations Act 2001.
• $(3)$ See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• $(5)$ The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• $(6)$ Incl ide details of:
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) $(a)$ applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
• $(b)$ any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

Det: ils of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired $(7)$ has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the hap ening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

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• (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "ur known".
• (9) Gire details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

$\sim$ $\sim$

D: ite of ch ange	Person whose relevant interest changed	Nature change	Consideration of given iп relation to change	Class and number of securities affected	Person's votes affected
25'05/09	RAB Special Situations (Master) Fund Limited	Sale 258,925 shares	of \$15,504.43	258,925 ordinary shares	RAB Special Situations (Master) Fund Limited
27'05/09	RAB Special Situations (Master) Fund Limited	Sale 39.500 shares	of \$2,365.26	39,500 ordinary shares	RAB Special Situations (Master) Fund Limited
05 06/09	RAB Special Situations (Master) Fund Limited	Sale of 11,000 shares	\$658.68	11,000 ordinary shares	RAB Special Situations Fund (Master) Limited
01 07/09	RAB Special Situations (Master) Fund Limited	Sale of 322,738 shares	\$13,205.80	322,738 ordinary shares	RAB Special Situations (Master) Fund Limited
02.07/09	RAB Special Situations Fund (Master) Limited	Sale of 70,500 shares	\$2,884.71	70,500 ordinary shares	RAB Special Situations (Master) Fund Limited
03.07/09	RAB Special Situations (Master) Fund Limited	Sale of 78,000 shares	\$3,191.61	78,000 ordinary shares	RAB Special Situations Fund (Master) Limited
08.07/09	RAB Special Situations Fund (Master) Limited	of Sale 24,000 shares	\$982.03	24,000 ordinary shares	RAB Special Situations Fund (Master) Limited
09/07/09	RAB Special Situations Fund (Master) Limited	Salc of 4,762 ordinary shares	\$194.85	4,762 ordinary shares	RAB Special Situations (Master) Fund Limited

$\sim 10^{11}$ m $^{-1}$ .

$\sim$

$\sim 10$

$\sim$

Schedule to Form 604 in respect of TNG Limited
------------------------------------------------	--	--	--

$\sim 10^{11}$ km $^{-1}$

$\sim$ $\sim$

$\sim 10^{-11}$

$\hat{\mathcal{A}}$

207/09	RAB Special Situations (Master) Fund Limited	Sale of 500,000 ordinary shares	\$25,449.00	500,000 ordinary shares	RAB Special Situations (Master) Fund Limited
05/08/09	RAB Special Situations (Master) Fund Limited	Sale of 1,000,000 ordinary shares	\$59,577.61	1,000,000 ordinary shares	RAB Special Situations (Master) Fund Limited

$\sim 10^{-1}$

$\sim 100$

$\mathbb{Z}^2$

$\sim$

$\mathcal{L}^{\pm}$