Dividend Declaration

TIDMAN26

FOR: TALISMAN ENERGY INC.

TSX, NYSE SYMBOL: TLM

May 4, 2011

Talisman Energy Increases Dividend by 9%

CALGARY, ALBERTA--(Marketwire - May 4, 2011) - Talisman Energy Inc. today declared a semi-annual dividend of US
thirteen and a half cents (US$0.135) per share on the company's common shares, a 9% increase from the previous
semi-annual dividend.

In December 2010, the company paid a US$0.124 dividend, taking into account the US$ foreign exchange rate at
the time. Talisman has switched to reporting in US$ to reflect the primary currency in which the company
operates. The dividend will be paid on June 30, 2011 to shareholders of record at the close of business on June
3, 2011.

Talisman Energy Inc. is a global, diversified, upstream oil and gas company, headquartered in Canada.
Talisman's three main operating areas are North America, the North Sea and Southeast Asia. The Company also has
a portfolio of international exploration opportunities. Talisman is committed to conducting business safely, in
a socially and environmentally responsible manner, and is included in the Dow Jones Sustainability (North
America) Index. Talisman is listed on the Toronto and New York stock exchanges under the symbol TLM. Please
visit our website at www.talisman-energy.com.

-30-

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)
tlm@talisman-energy.com
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)
tlm@talisman-energy.com
www.talisman-energy.com

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

Talisman Energy Inc.

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