IMAGE RESOURCES NL — Director's Dealing 2005

Jul 5, 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	Peter Sisley Thomas
Date of last notice	1 July 2005
Date of this notice	$6$ 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 PS Thomas as joint trustee for a superannuation fund
Date of change	1 July 2005
No. of securities held prior to change	Direct Interest: 400,000 Unquoted Options to subscribe for Fully Paid Ordinary Shares, exercisable on or before 27.11.2008 at 33.5 cents each 50,000 Fully Paid Ordinary Shares Indirect Interest: 520,000 Quoted Options to subscribe for Fully Paid Ordinary Shares exercisable on or before 25.8.2006 at 25 cents each 400,000 Unquoted Options to subscribe for Fully Paid Ordinary Shares, exercisable on or before 26.11.2009 at 39 cents each 342,000 Fully Paid Ordinary Shares
Class	Shares	Options
Number acquired	40,000	Nil
Number disposed	Nil	200,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$13,400	\$17,000

No. of securities held after change	Direct Interest: 400,000 Unquoted Options to subscribe for Fully Paid Ordinary Shares, exercisable on or before 27.11.2008 at 33.5 cents each 50,000 Fully Paid Ordinary Shares
	Indirect Interest: 320,000 Quoted Options to subscribe for Fully Paid Ordinary Shares exercisable on or before 25.8.2006 at 25 cents each 400,000 Unquoted Options to subscribe for Fully Paid Ordinary Shares, exercisable on or before $26.11.2009$ at 39 cents each 382,000 Fully Paid Ordinary Shares
Nature of change	On-market purchase of shares. On-market sale of options

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