April 2 (Reuters) - Talisman Mining Ltd TLM.AX :
* ALL DIRECTORS WILL TAKE AN IMMEDIATE 50% REDUCTION IN THEIR DIRECTOR FEES
* SALARIES FOR EXECUTIVES HAVE BEEN REDUCED BY 25%
* EMPLOYEES WILL BE GIVEN OPTION OF TAKING ANNUAL OR UNPAID LEAVE FOR REDUCED DAY/S PER WEEK REDUCTION IN WORKING HOURS