About Our Report

This Report focuses on Talisman’s key corporate responsibility issues.

Unless the context indicates otherwise, reference in this Corporate Responsibility Report to “Talisman” or the “Company” is intended to include, for reporting purposes only, the direct or indirect subsidiaries of Talisman Energy Inc. and partnership interests held by Talisman Energy Inc. and its subsidiaries. Such use of “Talisman” or the “Company” to refer to these other legal entities and partnership interests does not constitute a waiver by Talisman Energy Inc., such entity or partner of their separate legal status, for any purpose. References to production, acreage and drilling are gross (before royalty) numbers unless otherwise indicated. Talisman defines its stakeholders as its employees, shareholders, suppliers, service providers, communities, indigenous groups, investors, debtholders, governments, regulators and non-government organizations (NGOs) affected by, or that can affect, the Company’s operations.

This Report is a reflection of Talisman’s measurement and performance management efforts. It is not intended to be an exhaustive review of all activity the Company has undertaken or supported. Instead, Talisman aims to illustrate the corporate responsibility-related action that has been taken, and is being taken, to manage the Company’s risks. The key performance indicators included in this document assist the Company in measuring its performance in certain corporate responsibility focus areas. Wherever possible, country-specific data has been used, while regional and aggregate data have also been included. Unless otherwise indicated, figures are reported in metric units and all financial information is reported in Canadian dollars. Please refer to the advisories, definitions and abbreviations at the back of this Report. An independent third party, PricewaterhouseCoopers LLP (PwC), has reviewed the data noted in bold contained in the Performance Data Tables of this Report.

This Report refers to the Company and its wholly owned subsidiaries operating around the world from the period January 1 to December 31, 2008. Talisman’s last Report was published in April 2008 and the next Report is scheduled for publication in April 2010. To obtain copies of any of Talisman’s Corporate Responsibility reports and other annual documents, please visit www.talisman-energy.com.