IMAGE RESOURCES NL — Director's Dealing 2005

Jul 31, 2005

Appendix 3Y

Change of Director's Interest Notice

l 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	Roger Michael Thomson
∣ Date of last notice	1 December 2004
Date of this notice	1 August 2005

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

Direct or indirect interest	Direct and Indirect
Nature of indirect interest	Interests held by Roger Michael Thomson as
(including registered holder)	trustee for a related family trust
	Interests held by spouse
Date/s of change	25 to 27 July 2005
No. of securities held prior to change	Direct Interests:
		2,000,000 Quoted Options to subscribe for
		Fully Paid Ordinary Shares exercisable on or
	before 25.8.2006 at 25 cents each
		800,000 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 Interests: 150,000 Fully Paid Ordinary Shares
Class	Shares	Options
Number acquired	30,000	Nil
Number disposed	Nil	217,985
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$11,700	\$25,158

No. of securities held after change	Direct Interests:
	1,782,015 Quoted Options to subscribe for
	Fully Paid Ordinary Shares exercisable on or
	before 25,8,2006 at 25 cents each
	800,000 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 Interests:
	150,000 Fully Paid Ordinary Shares
	30,000 Fully Paid Ordinary Shares
Nature of change	Sale of listed options on market
	Purchase of listed 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