Farallon Capital Management, L.L.C. Announcement Regarding Holdings in
Talison Lithium Limited

TORONTO, Sept. 27 /CNW/ - Farallon Capital Management, L.L.C. and Mineral Investors, L.P., an affiliated entity managed by Farallon Capital Management, L.L.C. (collectively "Farallon") through a 2007 private transaction acquired an interest in private equity, preference shares and debt securities issued by Talison Lithium Ltd. ("Talison"). In connection with the completion of the Salares Lithium Inc. and Talison plan of arrangement and the listing of Talison' s ordinary shares on the Toronto Stock Exchange on September 23, 2010, Farallon will receive 12,487,388 ordinary shares to be held by Mineral Investors L.P.

Based on Farallon's understanding that 93,529,157 ordinary shares of Talison were issued and outstanding immediately following Talison's listing, Farallon's shareholdings represent 13.35% of Talison's outstanding ordinary shares.

Farallon's percentage of outstanding ordinary shares as disclosed above is based on data in the 2010 Investor Presentation available on Talison's website.

Following the listing of Talison Lithium Limited (TLH CN), Mineral Investors, L.P. will directly hold 12,487,388 ordinary shares, representing 13.35% of Talison's outstanding ordinary shares. The listing of the Talison ordinary shares took place on the Toronto Stock Exchange on September 23, 2010.

Farallon's investment in Talison was made for investment purposes and Farallon reserves the right to acquire additional instruments issued by Talison in the future.

For further information: and to obtain a copy of the Early Warning Report (also available at www.sedar.com) in connection with this release please contact: Farallon Capital Management, L.L.C.: One Maritime Plaza, Suite 2100, San Francisco, CA, 94111, telephone [phone] or facsimile [phone]