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IMAGE RESOURCES NL Capital/Financing Update 2009

May 24, 2009

65117_rns_2009-05-24_30ba08e7-0f1e-4cba-ae26-727a486e0fc9.pdf

Capital/Financing Update

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MARKET RELEASE

25 May 2009

Image Resources NL

TRADING HALT

The securities of Image Resources NL (the "Company") will be placed in pre-open at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Wednesday, 27 May 2009 or when the announcement is released to the market.

Security Code: IMA

Matthew Foy Adviser, Issuers (Perth)

61893160046

2nd Floor, 35 Outram St West Perth WA 6005 PO Box 644 West Perth WA 6872 Telephone 08 9485 2410 Facsimile 08 9485 2840 [email protected] www.imageres.com.au

ABN 57 063 977 579

25 May 2009

Attention: Mathew Foy

The Manager Australian Securities Exchange Limited Level 10, 20 Bond Street SYDNEY NSW 2000

Transmitted by fax to: 08 9221 2020

Dear Sir/Madam,

REQUEST FOR TRADING HALT

Pursuant to Listing Rule 17.1, it is requested that the company's quoted securities be placed into a trading halt as from opening of the market at 10.00am AEST today.

This is being requested on the basis that a private placement of funds is being facilitated.

It is requested that the trading halt be granted for 48 hours.

The company will make an announcement in relation to the private placement before the trading halt is lifted.

The company is not aware of any reason why the trading halt should not be granted.

Yours faithfully Managing Director

George Sakalidis