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Press release from Marketwire

Talison Lithium Announces Conference Call Schedule for 2011 First Quarter Financial Results

Friday, November 12, 2010

Talison Lithium Announces Conference Call Schedule for 2011 First Quarter Financial Results17:08 EST Friday, November 12, 2010PERTH, WESTERN AUSTRALIA--(Marketwire - Nov. 12, 2010) - Talison Lithium Limited ("Talison") (TSX:TLH) will release its financial results for the 2011 first quarter(1) ended September 30, 2010 prior to the open of the market on Monday, November 15, 2010.Peter Oliver, Chief Executive Officer and Managing Director of Talison will host a conference call on Monday, November 15, 2010 at 9:30 a.m. EDT (6:30 a.m. PDT) to discuss the results.The call is being webcast by Thomson Reuters and can be accessed at www.earnings.com.Teleconference call details are as follows:Toll Free: North America - 1-866-804-6924Toll Free: International - 857-350-1670Participant Code: 30136906Chairperson: Peter Oliver, Chief Executive Officer and Managing DirectorReplayAvailable From 11/15/2010 12:30 PMAvailableTo 11/22/2010Dial In # 888-286-8010International Dial In # 617-801-6888Passcode 92895432About TalisonTalison is the leading global producer of lithium. Talison mines and processes the lithium bearing mineral spodumene at the Greenbushes Lithium Operations in Western Australia. In addition, Talison explores for lithium at the Salares 7 lithium project made up of seven salars located in Chile. Talison also has an extensive, well established global customer network and a leading position in the growing Chinese market. The financial results are in respect of the Talison's first reporting period, being July 1, 2010 to September 30, 2010, however prior to August 12, 2010, Talison was a dormant entity and did not trade in any capacity. For further information refer to Management's Discussion and Analysis of the financial condition and results of operations of Talison Lithium Limited as at September 30, 2010 and for the first interim period from July 1, 2010 to September 30, 2010 (which can be found on Talison's SEDAR profile at www.sedar.com). Cautionary Note Regarding Forward-Looking StatementsThis release contains "forward-looking statements" which reflect the current expectations of Talison. When used in this release the words "will", "anticipate", "intend", "believe" and similar expressions are intended to identify forward-looking statements. These statements reflect Talison's management's current beliefs with respect to future events and are based on information currently available to management. Forward-looking statements involve significant known and unknown risks, uncertainties, factors and assumptions. Accordingly, readers should not place undue reliance on forward-looking statements. Many factors could cause actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. Should assumptions underlying the forward-looking statements prove incorrect, actual results, performance or achievements could vary materially from those expressed or implied by the forward-looking statements contained in this release.The forward-looking statements contained in this release are expressly qualified in their entirety by this cautionary statement. Although the forward-looking statements contained in this release are based upon what Talisonbelieves to be reasonable assumptions, Talisoncannot assure investors that actual results, performance or achievements will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this release and Talison doesnot assume any obligation to update or revise them to reflect new events or circumstances.FOR FURTHER INFORMATION PLEASE CONTACT: Todd HilditchTalison Lithium LimitedInvestor Relations Director604-443-3831Todd.Hilditch@talisonlithium.comwww.talisonlithium.com