TIVAN LIMITED — Major Shareholding Notification 2013

Dec 3, 2013

Form 604 Corporations Law 671_B Notice of change in interests of substantial holder

To: Company Name/Scheme: TNG Limited

12 000 817 023 ACN/ARSN

1. Details of substantial holder⁽¹⁾

Name	WARREN WILLIAM BROWN AND MARILYN HELENA BROWN
ACN/ARSN (if applicable)
There was a change in the interests of the substantial holder on 22/10/2013
The previous notice was given to the company on	16/05/2013
The previous notice was dated	16/05/2013

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^ro 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)
ORDINARY	31,460,000	7.37% BASED ON 426,636,517 SHARES ON ISSUE	57,160,000	10.88% BASED ON 525, 199, 204 SHARES ON ISSUE

3. Changes in relevant interests

Particulars 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 company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	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
22/10/13	W & M BROWN ATF WWB INV P/L S/F	PURCHASE	\$1,156,500	ORDINARY 25,700,000	W & M BROWN ATF WWB INV P/L S/F

4. Present relevant interests

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

FORM 604 NOTICE OF CHANGE OF SUBSTANTIAL SHAREHOLDER

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder®	Nature of relevant interest (6)	Class and number of securities and Person's votes
				Ordinary Shares
WARREN WILLIAM BROWN AND MARILYN HELENA BROWN	WARREN WILLIAM BROWN AND MARILYN HELENA BROWN	WARREN WILLIAM BROWN AND MARILYN HELENA BROWN	REGISTERED HOLDER	10,474,861
W & M BROWN ATF WWB INV P/L S/F	W & M BROWN ATF WWB INV P/L S/F	W & M BROWN ATF WWB INV P/L S/F	REGISTERED HOLDER	46,685,139

5. Changes in association

The persons who have become associates⁽²⁾ of, ceased to be associates of, or have change the nature of their association® 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
N/A

6. Addresses

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

Name	Address
WARREN WILLIAM BROWN AND MARILYN HELENA BROWN	C-IPAC SECURITIES
	PO BOX 342
	BRISBANE QLD 4001

$\sqrt{2}$

Signature

	print name WARREN BROWN	capacity REGISTERED HOLDER/TRUSTEE
date:	2/112013

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 manager 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 spe 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 Law.

(3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Law.

(4) The voting shares of a company constitute one class unless divided into separate classes.