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TALISMAN ENERGY INC. ANNOUNCES SMALL SHAREHOLDER PURCHASING AND SELLING PROGRAM

 CALGARY, May 31 /PRNewswire/ -- Talisman Energy Inc. today announced a program that enables shareholders who owned 99 or fewer common shares of Talisman Energy Inc. as of May 28, 1993, to purchase additional shares or sell their shares free of brokerage expense. The purchase or sale of shares will be executed through the Toronto Stock Exchange.
 The voluntary program is open to shareholders of record as of May 28, 1993. It begins May 31 and will expire on August 31, 1993 at 5:00 p.m. E.D.T., unless extended. Both registered holders and beneficial holders of shares held in nominee form are eligible to participate as are the holders of Talisman installment receipts. The program can be used by small shareholders of the former Encor Inc. to exchange their share certificates for those of Talisman. U.S. resident shareholders are not eligible to participate in the program.
 Material will be forwarded shortly to eligible shareholders indicating how they can participate and other details about the program.
 "There are many shareholders who have less than a board lot of shares (100 shares). It is inconvenient and expensive for them to sell their few shares, or to add to them to bring them to a board lot. This program is cost-effective for both the company and the small shareholder," said Dr. Jim Buckee, president and chief executive officer.
 Talisman Energy Inc. has retained The Proxy Solicitation Company Ltd. to manage the program and to handle share transactions and payments.
 Talisman is an independent Canadian public company with shares listed for trading on the Toronto, Montreal and Vancouver stock exchanges under the symbol TLM and installment receipts listed for trading on the Toronto and Montreal stock exchanges under the symbol TLM.R.
 -0- 5/31/93
 /CONTACT: Ruth Ann Yardley, manager, public affairs, 403-237-1362 or A.V. (Andy) Comeau, secretary and general counsel, 403-237-1183, both of Talisman Energy Inc./


CO: Talisman Energy Inc. ST: Alberta IN: OIL SU:

SM -- NY003 -- 3706 05/31/93 13:57 EDT
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Publication:PR Newswire
Date:May 31, 1993
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