Talisman Shareholders Approve Three-For-One Share Split

At the Talisman Energy Inc. (NYSE:TLM) (TSX:TLM) annual and special meeting of shareholders held on May 4th, shareholders voted overwhelmingly in favor of amending the Company's Articles to effect a three for one subdivision, or "share split", of its issued and outstanding common shares.

It is currently expected that share certificates representing the additional shares resulting from the share split will be mailed on May 25, 2004 to shareholders of record as of the close of business on May 19, 2004.

Recently, the price of Talisman's common shares reached an all-time high of over $84. Talisman's Board of Directors believe that the share split will encourage greater market liquidity and wider distribution among retail investors, as a lower share price makes a "board lot" (100 shares) more affordable.

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