IMAGE RESOURCES NL — Director's Dealing 2003

May 26, 2003

Appendix 3Y

Change of Director's Interest Notice

Name of entity	IMAGE RESOURCES NL
ABN:	57 063 977 579

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Peter Sisely Thomas
∣ Date of last notice	5 July 2002

Part 1 - Change of director's relevant interests in securities

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder)	N/A
Date of change	22 May 2003
No. of securities held prior to change	60,000 Fully Paid Ordinary Shares (escrowed until 4 July 2004) 100,000 Fully Paid Ordinary Shares 1,000,000 Options to subscribe for Fully Paid Ordinary Shares (escrowed until 4 July 2004)
Class	Fully Paid Ordinary Shares
Number acquired	20,000
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$2,200
No. of securities held after change	60,000 Fully Paid Ordinary Shares (escrowed until 4 July 2004) 120,000 Fully Paid Ordinary Shares 1,000,000 Options to subscribe for Fully Paid Ordinary Shares (escrowed until 4 July 2004)
Nature of change	Acquisition of shares on market

Part 2 - Change of director's interests in contracts

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)
Date of change
No. and class of securities to which interest related prior to change
Interest acquired
Interest disposed
Value/Consideration
Interest after change