For the purposes of Listing Rules 7.12.1 and 7.12.9, New Talisman Gold Mines Limited advises the following
Securities have been issued:
7.12.1
| a | Class of security | Ordinary Shares |
| ISIN | NZHERE0001S6 | |
| b | Number issued | 2,000,000 |
| c | Nominal value | A$22,000 |
| d | Payment terms | Payable in cash |
| e | Amount paid up | Fully paid on issue |
| f | Principal terms | Ordinary shares in New Talisman Gold Mines Limited |
| g | Percentage of class of securities | 0.35% (after issue) |
| h | Reason for issue | Issue of ordinary shares on exercise of 2,000,000 unlisted options in accordance with NZX Main Board Listing Rule 7.3.10(b) and ASX Listing Rule 7.2, exception 9(b) |
| i | Authority for issue | Shareholder approval of 19 September 2013 and board resolution |
| j | Terms of issue | The ordinary shares will be quoted on the NZX Main Board and the ASX and will rank pari-passu with existing ordinary shares |
| k | Number of securities in existence after issue | 565,883,501 |
| l | Treasury stock | Not applicable |
| m | Date of issue | 25 February 2014 |
7.12.9
| a | Number of Securities converted | 2,000,000 unlisted options |
| a | Number and Class of Securities into which have been converted | 2,000,000 ordinary shares |
| b | Details of any interests or dividend conditions attaching to Securities Converted and allotted upon Conversion | None |
| c | Number of Securities of the same class that remain to be Converted | 8,500,000 unlisted options |