ASX ANNOUNCEMENT PATERSONS RESEARCH NOTE

22 December 2016

TNG Limited (ASX: TNG) is pleased to advise that Patersons recently completed a Research note on TNG Limited.

A copy of the report can be found on the company's website under "Investor centre/reports". http://tngltd.com.au

Paul E Burton Managing Director

22 December 2016

Inquiries: Paul E Burton

Managing Director + 61 (0) 8 9327 0900

Nicholas Read

Read Corporate + 61 (0) 8 9388 1474

Disclaimer

This information is produced by a third party (Third Party Information). It may contain information about the activities of TNG Limited and its subsidiaries (Group) but it does not purport to be a complete description of the Group and/or its various business activities. No representation or warranty, express or implied, is made by any person including TNG Limited or its directors, officers, employees, advisers, agents or affiliates as to the fairness, accuracy, completeness, or correctness of the information, opinions and conclusions contained in this Third Party Information, or as to the reasonableness of any assumptions, forecasts, prospects or returns contained in, or implied by, this Third Party Information or any part of it. TNG Limited assumes no liability and has no obligation to tell recipients if it becomes aware of any inaccuracies in or omissions from Third Party Information.

Except for statutory liability which may not be excluded, no responsibility is accepted by TNG Limited or any of its directors, officers, employees, advisers, agents or affiliates for any loss or damage howsoever occurring (including through negligence) resulting from the access, use or reliance upon any Third Party Information by any person, and any such access, use or reliance is solely at your own risk. You are responsible for forming your own opinions and should seek your own independent professional advice in relation to Third Party Information. In particular, you are cautioned not to place undue reliance on any forward- looking statements, forecasts or views as to prospects in any Third Party Information, as there can be no assurances that actual outcomes will not differ materially from such forward-looking statements

ASX CODE: TNG

ABN 12 000 817 023

REGISTERED OFFICE

Level 1, 282 Rokeby Road

T +61 8 9327 0900

F +61 8 9327 0901

W www.tngltd.com.au

E corporate@tngltd.com.au

Subiaco, Western Australia 6008

TNG Limited published this content on 22 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 December 2016 02:08:06 UTC.

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