IMAGE RESOURCES NL — Director's Dealing 2016

Sep 26, 2016

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

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	28 December 2014

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

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	(a) Direct(b) Indirect(c) Indirect(d)Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	(a)N/A – Direct(b)The registered holder (ignoring trivial registrydiscrepancies and whether each or either ofMr Thomas and Ms Goodwin be theregistered holder holding the same for theWaterfordRetirementPlan)beingPSThomas&SAGoodwin<WaterfordRetirement Plan> - the relevant interestarises by force of the terms of section 608(1)of the Corporations Act in that Mr Thomas isone of 2 people that jointly exercised thepowers detailed in that section.(c)Mr Thomas is the sole director and solesecretary of registered holder Super MetalsCorporation Pty Ltd. Mr Thomas has nobeneficial interest in this holding but has arelevant interest in terms of section 608(1).(d)Mr Thomas is the sole director and solesecretary of registered holder NorthernGriffin Pty Ltd which is the sole trustee ofPRP Super (a SMSF) of which Mr Thomas isthe solemember.
Date of change	16 September 2016

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	(a) 650,000 unlisted options exercisable at$0.3908 expiry 27/12/2016(b) 1,454,151 fully paid ordinary shares(c)646,155 fully paid ordinary shares(d)Nil
Class	See above and below
Number acquired	(d) 1,454,151 Fully paid ordinary shares
Number disposed	(b) 1,454,151 Fully paid ordinary shares
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil.
No. of securities held after change	(a) 650,000 unlisted options exercisable at$0.3908 expiry 27/12/2016(b) Nil(c)646,155 fully paid ordinary shares(d)1,454,151 fully paid ordinary shares
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participationin buy-back	Off-market transfer.

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Were the interests in the securities or contracts No detailed above traded during a[+] closed period where prior written clearance was required?

If so, was prior written clearance provided to allow the trade to proceed during this period?

If prior written clearance was provided, on what date was this provided?

N/A N/A

27 September 2016 Dennis Wilkins Company Secretary

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3