Dividend Declaration

FOR: TALISMAN ENERGY INC.

TSX, NYSE SYMBOL: TLM

October 20, 2008

Talisman Energy Declares Semi-Annual Dividend

CALGARY, ALBERTA--(Marketwire - Oct. 20, 2008) - Talisman Energy Inc. (TSX:TLM) (NYSE:TLM) today declared a
semi-annual dividend of 10 cents Canadian (C$0.10) per share on the Company's common shares. The dividend will
be paid on December 31, 2008 to shareholders of record at the close of business on December 12, 2008.

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 UK, Norway, Southeast Asia, North Africa
and the United States. 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. 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.

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FOR FURTHER INFORMATION PLEASE CONTACT:

Talisman Energy Inc. - Media and General Inquiries
David Mann, Vice President,
Corporate & Investor Communications
(403) 237-1196
(403) 237-1210 (FAX)
Email: tlm@talisman-energy.com
Website: www.talisman-energy.com

Talisman Energy Inc. - Shareholder and Investor Inquiries
Christopher J. LeGallais, Vice President,
Investor Relations
(403) 237-1957
(403) 237-1210 (FAX)
Email: tlm@talisman-energy.com
Website: www.talisman-energy.com

INDUSTRY: Energy and Utilities-Oil and Gas
SUBJECT: DIV

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Talisman Energy Inc.

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