IMAGE RESOURCES NL — Director's Dealing 2005

Sep 21, 2005

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	George Sakalidis
∣ Date of last notice	19 September 2005
Date of this notice	22 September 2005

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

Direct or indirect interest	Direct and Indirect
Nature of indirect interest (including registered holder)	controlled by Mr Sakalidis	Interest held by Leeman Pty Ltd, a company
Date of change	20 September 2005
No. of securities held prior to change	Direct Interest: 5,533,220 Fully Paid Ordinary Shares 64,385 Quoted Options to subscribe for Fully Paid Ordinary Shares exercisable on or before 25.8.2006 at 25 cents each 650,000 Unquoted Options to subscribe for Fully Paid Ordinary Shares, exercisable on or before 27.11.2008 at 33.5 cents each 800,000 Unquoted Options to subscribe for Fully Paid Ordinary Shares, exercisable on or before 26.11.2009 at 39 cents each Indirect Interest: 112,000 Fully Paid Ordinary Shares
Class	Shares	Options
Number acquired	35,000	Nil
Number disposed	Nil	50,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Acquired on market - \$10,775	Sold on market - \$5,000

No. of securities held after change	Direct Interest: 5,568,220 Fully Paid Ordinary Shares 14,385 Quoted Options to subscribe for Fully Paid Ordinary Shares exercisable on or before 25.8.2006 at 25 cents each 650,000 Unquoted Options to subscribe for Fully Paid Ordinary Shares, exercisable on or before 27.11.2008 at 33.5 cents each
	800,000 Unquoted Options to subscribe for Fully Paid Ordinary Shares, exercisable on or before $26.11.2009$ at 39 cents each Indirect Interest: 112,000 Fully Paid Ordinary Shares
Nature of change	Sale of quoted options on market Purchase of quoted 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