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Talisman Energy Inc.



Talisman Energy Inc.'s Board of Directors today declared a semi-annual dividend
of eight and three-quarter cents Canadian (C$0.0875) per share on the Company's
common shares. This represents a 16.7% increase from the previous semi-annual
dividend the Company paid on its common shares. The dividend will be paid on
June 29, 2007 to shareholders of record at the close of business on June 4,
2007.

Talisman confirms that all dividends paid to shareholders in 2007 are 'eligible
dividends' pursuant to recently enacted provisions of the Income Tax Act
(Canada). Furthermore, all dividends to be paid in subsequent years will be
eligible dividends for such purposes.

Talisman Energy Inc. is an independent upstream oil and gas company
headquartered in Calgary, Alberta, Canada. Talisman has operations in Canada and
its subsidiaries operate in the North Sea, Southeast Asia, Australia, North
Africa, the United States and Trinidad and Tobago. Talisman's subsidiaries are
also active in a number of other international areas. Talisman is committed to
conducting its business in an ethically, socially and environmentally
responsible manner. The Company is a participant in the United Nations Global
Compact and included in the Dow Jones Sustainability (North America) Index, as
well as the Jantzi Social Index. Talisman's shares are listed on the Toronto
Stock Exchange in Canada and the New York Stock Exchange in the United States
under the symbol TLM.

For further information, please contact:

David Mann, Senior Manager, Corporate     Christopher J. LeGallais
         & Investor Communications        Senior Manager, Investor Relations
Phone: 403-237-1196  Fax: 403-237-1210    Phone: 403-237-1957  Fax: 403-237-1210
E-mail: tlm@talisman-energy.com           Email: tlm@talisman-energy.com

21-07

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