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IMAGE RESOURCES NL Capital/Financing Update 2011

Jan 5, 2011

65117_rns_2011-01-05_6d6edfbd-b328-4410-86fb-d668ae2ed0d1.pdf

Capital/Financing Update

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Level 2, 16 Ord 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

ASX Code: IMA

ABN 57 063 977 579

6 January 2011

Company Announcements Office Australian Stock Exchange Limited 4[th] Floor, 20 Bridge Street

SYDNEY NSW 2000

Dear Sir/Madam,

AMENDED EX ENTITLEMENT TIME

By letter dated 22 December 2010 and lodged as an ASX announcement on that day, the Company advised an Amended Record Date of 27 January 2011 for the purposes of determining entitlements to participate in the distribution of Distributable Shares in Potash West NL, a company which is expecting to be listed on the ASX. This date remains unchanged.

In that letter, it was also advised that the ex‐entitlement date was “ close of business Thursday 20 January 2011” . Due to the Australia Day public holiday, this has now been amended to prior to commencement on that same day.

Any enquiries in relation to applications for shares in the proposed IPO should be directed to George Sakalidis at Image (08) 9485 2410.

Yours faithfully

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MANAGING DIRECTOR

George Sakalidis