IMAGE RESOURCES NL — Director's Dealing 2006

Aug 31, 2006

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	Peter Sisley Thomas
Date of last notice	9 December 2005
Date of this notice	1 September 2006

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

Direct or indirect interest	Direct and Indirect
Nature of indirect interest		Interest held by PS Thomas as joint trustee
(including registered holder)	for a superannuation fund
	Interest held in an associated company
Date of change	26 August 2006
No. of securities held prior to change	499,000 Fully Paid Ordinary Shares
		120,000 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 27.11.2008 at 33.5 cents each
		400,000 Unquoted Options to subscribe for
		Fully Paid Ordinary Shares, exercisable on or
	before 26.11.2009 at 39 cents each
		400,000 Unquoted Options to subscribe for
		Fully Paid Ordinary Shares, exercisable on or
	before 21.11.2010 at 37 cents each
Class	Shares	Options
Number acquired	120,000	Nil
Number disposed	Nil	120,000
Value/Consideration	\$30,000	Exercised \$0.25 at
Note: If consideration is non-cash, provide details and estimated		each
valuation

No. of securities held after change	619,000 Fully Paid ordinary Shares
	400,000 Unquoted Options to subscribe for Fully Paid Ordinary Shares, exercisable on or before 27.11.2008 at 33.5 cents each 400,000 Unquoted Options to subscribe for Fully Paid Ordinary Shares, exercisable on or before 26.11.2009 at 39 cents each 400,000 Unquoted Options to subscribe for Fully Paid Ordinary Shares, exercisable on or before 21.11.2010 at 37 cents each
Nature of change	Exercise of Options at \$0.25 each

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