TIVAN LIMITED — Major Shareholding Notification 2009

Aug 9, 2009

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P.001

1 Adam St eet . London WC2N 6LE Tel: 02 ) 7389 7000 Fax: 02 ) 7389 7056

RAB CAPITAL

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ro:	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,
1 Adam Street London WC2N 6LE	Lorraine Park RAB Capital Plc Legal@rabcap.com Tel: +44 (0)20 7389 7108 Fax: +44 (0)20 7389 7057	J
	RAB Capital plc is registered in England, no. 3694213. Registered address is shown above. Regulated by IMRO.

			Form 604 Corporations Act 2001 Section 671B
			Notice of change of interests of substantial holder
To Company Name/Scheme		TNG Limited
ACN/ARSIT		000 017 023
1. Details of substantial holder (1)
Name			RAB Special Situations (Master) Fund Limited
ACN/ARSII (if applicable)		(A Cayman Islands Registered Company)
There was a change in the interests of the substantia holder on		10/08/2009
The previc is notice was given to the company on		12/01/2009
The previcus notice was dated		12/01/2009
2. Previous and present voting power company r scheme, are as follows: Class f securities (4)		Previous notice	The total rumber 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	Present notice
		Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary shares		17,020,338	6.60%	14,710,913	5.70%
3. Changes in relevant interests
			Particular: 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 compt ny or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are
as follows			Consideration given in	Class and number	Person's votes
Date o change	Person whose relevant interest changed	Nature of change (6)	relation to change (7)	of securities affected	affected
Plea e
500 atta hed

4. Preser t relevant interests

Particular i of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of releva t interes :	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 tions $(Mas := r)$ Fund Limi :ed	HSBC Custody Nominees (Australia) Limited	HSBC Custody Nominees (Australia) Limited	Beneficial holder	14,710,913 ordinary shares	14,710,913 ordinary shares

_____		__	--- .
	__ __ ______	_		----- ____

5. Change ; in association

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

Name and ACN/ARSN (if applicable)	Nature of association ------
---	_____

6. Addres: es

The addret ses of persons named in this form are as follows:

Name	Address
HSBC lustody Nominees (Aust alia) Limited	GPO Box 5302, Sydney NSW 2000
RAB S ecial Situations (Mast : r) Fund Limited	C/O RAB Capital plc, 1 Adam Street, London, WC2N 6LE, UK

Signature

• If the e are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the $(1)$ man: ger 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 persons 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.
• $(2)$ See the definition of "associate" in section 9 of the Corporations Act 2001.
• See 1 he definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(3)$
• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• $(5)$ The rerson's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• Inclu e details of: $(6)$
• 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
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or $(b)$ disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See 1 te definition of "relevant agreement" in section 9 of the Corporations Act 2001.

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

$\cdot$

оf Date cha nge	whose Person relevant interest changed	Nature of change	Consideration in given relation to change	Class and number of securities affected	Person's votes affected
25/15/09	Special RAB Situations Fund (Master) Limited	Salc of' 258,925 shares	\$15,504.43	258,925 ordinary shares	Special RAB Situations Fund (Master) Limited
27/15/09	Special RAB Situations Fund (Master) Limited	of Sale 39,500 shares	\$2,365.26	39,500 ordinary shares	Special RAB Situations Fund (Master) Limited
05/16/09	Special RAB Situations (Master) Fund Limited	Sale οf 11,000 shares	\$658.68	11,000 ordinary shares	Special RAB Situations Fund (Master) Limited
01/17/09	Special RAB Situations Fund (Master) Limited	of Sale 322,738 shares	\$13,205.80	322,738 ordinary shares	RAB Special Situations (Master) Fund Limited
02/ )7/09	Special RAB Situations Fund (Master) Limited	Sale of 70,500 shares	\$2,884.71	70,500 ordinary shares	RAB Special Situations Fund (Master) Limited
03/07/09	Special RAB Situations Fund (Master) Limited	of 1 Salc 78,000 shares	\$3,191.61	78,000 ordinary shares	RAB Special Situations Fund (Master) Limited
08/07/09	Special RAB Situations Fund (Master) Limited	of Sale 24,000 shares	\$982.03	24,000 ordinary shares	RAB Special Situations Fund (Master) Limited
09/07/09	Special RAB Situations Fund (Master) Limited	of Sale 4,762 ordinary shares	\$194.85	4,762 ordinary shares	Special RAB Situations Fund (Master) Limited

Schedule to Form 604 in respect of TNG Limited

$\sim 5$

$\sim 10^{-11}$

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20/17/09	RAB Special Situations Fund (Master) Limited	Sale οf 500,000 ordinary shares	\$25,449.00	500,000 ordinary shares	RAB Special Situations (Master) Fund Limited
05/08/09	RAB Special Situations Fund (Master) Limited	Sale ٥f 1,000,000 ordinary shares	\$59,577.61	1,000,000 ordinary shares	RAB Special Situations Fund (Master) Limited

$\sim 10^{-1}$

$\label{eq:2.1} \frac{1}{2} \int_{\mathbb{R}^3} \frac{1}{\sqrt{2}} \, \frac{1}{\sqrt{2}} \, \frac{1}{\sqrt{2}} \, \frac{1}{\sqrt{2}} \, \frac{1}{\sqrt{2}} \, \frac{1}{\sqrt{2}} \, \frac{1}{\sqrt{2}} \, \frac{1}{\sqrt{2}} \, \frac{1}{\sqrt{2}} \, \frac{1}{\sqrt{2}} \, \frac{1}{\sqrt{2}} \, \frac{1}{\sqrt{2}} \, \frac{1}{\sqrt{2}} \, \frac{1}{\sqrt{2}} \, \frac{1}{\sqrt{2}} \, \frac{1}{\sqrt{2}} \,$

$\sim 10^{11}$

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

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