IMAGE RESOURCES NL — Director's Dealing 2005

Jul 28, 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	26 July 2005
Date of this notice	29 July 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)	Interest held by Leeman Pty Ltd, a company controlled by Mr Sakalidis
Date of change	23 July 2005
No. of securities held prior to change	Direct Interest: 5,883,220 Fully Paid Ordinary Shares 114,385 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	9,500	Nil
Number disposed	Nil	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$3,515	\$N/A

No. of securities held after change	Direct Interest: 5,892,720 Fully Paid Ordinary Shares 114,385 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	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