IMAGE RESOURCES NL — Major Shareholding Notification 2004

Jul 15, 2004

Form 603

Corporations Act 2001 Section 6718

Notice of initial substantial holder

Eg. Company Name/Scheme	METEORIC RESOURCES NL
acn/arsn	107 985 651 ---------------------------------------
1. Details of substantial holder (1) Name ACN/ARSN (if applicable).	IMAGE RESOURCES NL ("Image") 063 977 579
The bolder became a substantial holder on	$16/7 + 2004$ (Date of listing on ASX)

2. Details of voting power

The latel monder of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial railter became a substantial holder are as follows:

. Class of securities [4]. _________	Number of securities. HAWAA	________ Person's votes (5).	Veting power (5).
Shares Jrdinarv ining pining masa masa mana masa masa na masa na masa mas	O60 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,	000	Support ______
	.	Actual Acceler

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an dissociate had in the following voting socialities on the date the substantial holder became a schemulat holder are as follows:

Halder of refevant interest.	******** Nature of relevant interest (7)	******** Class and number of securities --------------------------------------
image	Direct งข้างของของของของของของของของของของของของของ	Ordinary Shares
		4,200,000 -------------------------

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of refevant mienest	Registered holder of secontias	Person entitled to be registered as holder (\$)	Class and number 1 of securities.
image	image	lmage	- Shares fæd .1.

5. Consideration

$\sim$

Ė.

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant sterest	Date of acquisition. .	Consideration (9)		Class and number of securides
		Dash	Nan cash ------ ------------------------------		------
lmage	13.2.2004			๛๛๛๛๛๛๛๛๚๛๛๛๛๛๛๛๛๛ ๛๛๛๛๛๛๛๛๛๛๛๛๛๛๛๛๛๛๛	March Ave. 2010
∟mage いんしょう アンティング・ディア アンティング・アンティア アンディア アンディアング しゅっとう アンディア アンディア アンディア・プログラム しゅうせいきょう	۰۰ ز. 19		$\overline{r}$	የአማርኛ ምክንያት የአማርኛ አማርኛ አማርኛ አማርኛ አማርኛ አማርኛ አማርኛ አማርኛ

Ord Shares

$\mathcal{L}^{(1)}$

$\ldots$ . . . . . . . . . . . . . . . . . . .

$\sim$

6. Associates

The reasons the persons asmed in paragraph 3 above are associates of the substantial holder are as follows.

--------- Name and ACN/ARSN (if applicable) ENGINEERING PARAMANA PARAMANA NY NY NY ENGINEE	-------------------------------------- Nature of association waxaa midaacaanaa saraasa waxaa waxa
	-------------------------------------- TO CONTRACTOR . --------------------------------------

7. Addresses

The addresses of persons earned in this form are as follows:

ANALYSIS PARAMANA MARAHASIN'IN MAMAZARASIN'ILI ALAMANI . Name 20000000000000000000000000000000000000	,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, ******** Address ---- --------------------------------------
.	ZV. FIFTAL つに もやぐす WÁ Strast OOT. (lutram) daru ed --------------------------
--------------------------------------	The contract of the contract and ------- ----------------------------- --------

Signature

आध्या अंश्रेष्ठ	Rudolf Tieleman destroyed to a complete complete the	Company Secretary capacity. ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
sion here	with the company of the company of the company of the company of the company of the company of the company of Antonio commissione de la califica WARNAHAMAMAMAZINTZIKIN	$\cos \theta = 167.7 - 7.2004$

DIRECTIONS

• है there are a number of substantial holders with similar or related refevant interests (og, a corporation and its related corporations, or the manager and trustee of an
  equity trust, the cames could to induced in an anne $\langle 1 \rangle$ ksm.
• $(2)$ See the definition of l'associate" in section 9 of the Corporations Act 2001.
• $\langle 3 \rangle$ See the definition of "relevant interest" in sections 606 and 6718(7) of the Corporations Act 2001.
• 缅 The voting shares of a company constitute one class unless divided into separate classes.
• $\langle 5 \rangle$ The total number of votes attached to all the witing shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.
• $\langle \hat{y} \rangle$ The person's veries divided by the total votes in the body corporate or scheme multiplied by 10().
• $\langle T \rangle$ include details of:
• 鋳 any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 6718(4) applies, a copy of any decoment setting out. the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
• $\langle \hat{D} \rangle$ any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (instanting clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001

• 籘 If the substantial holder is unable to determine the identity of the person (eq. if the rolayant interest arises because of an option) write "unknown".
• Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become
  emitted to receive in relation to that acquisition. Details mu O) the relevant interest was acquired.

$\bar{q} \rightarrow$