IMAGE RESOURCES NL — Major Shareholding Notification 2008

Apr 10, 2008

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme	IMAGE RESOURCES NL
ACN/ARSN	063 977 579
1. Details of substantial holder(1)

Name	GEORGE SAKALIDIS
ACN/ARSN (if applicable)
The holder ceased to be a substantial holder on	07 /04 / 08
The previous notice was given to the company on The previous notice was dated	26/10/07 26/10 07

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change $(4)$	Consideration given in relation to change $(5)$	Class (6) and number of securities affected	Person's votes affected
See Annexure

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association

4. Addresses

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

Name		Address
All persons named					33 Rule Street North Fremantle
		WA 6159

Signature

print name	GEORGE SAKALIDIS	PRINCIPAL capacity
	sign here Clame Saheledos	date 11/04 /2008

FORM 605

NOTICE CEASING TO BE A SUBSTANTIAL HOLDER

ANNEXURE 1

2. CHANGE IN RELEVANT INTERESTS:

Date of Change	Person whose relevant interest changed	Nature of change	Consideration given in relation to change	Class	Number of securities affected	Person's votes affected
26.10.2007 to 7.4.2008	George Sakalidis	Various on-market purchases	\$275,960	Ordinary shares	418,864	418,864
7.4.2008	George Sakalidis	Special crossing	\$(6, 340, 765)	Ordinary shares	(5, 764, 332)	(5, 764, 332)
5.1.2007 to 28.11.2007	George and J Sakalidis	Various on-market purchases	\$15,848	Ordinary shares	8,500	8,500
Totals			\$(6,048,957)		(5, 336, 968)	(5, 336, 968)