IMAGE RESOURCES NL — Major Shareholding Notification 2018

May 8, 2018

Form 605

Coroorations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

b Company Name/Scheme lmage Resources NL
ACN/ARSN	063 977 579
1. Details of substantial holder (1)
Name	Million Uo Ltd
ACN/ARSN (if applicable)	A company incorporated in Hong Kong
The holder ceased to be a substantial holder on	28 I 031 2018
The previous notice was given to the company on	22 I 021 2017
The previous notice was dated	22 I 021 2017

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 subshntial holderwas last required to give a substantial holding notice to he company or scheme are as follows:

Date of change	Person whose relevant interest chanded	Nature of change (4)	Consideration given in relation to change (5)	urass [bl ano number of securities affected	Person's votes affected
28t03t2018	Million Up Ltd	Dilution in total number of ordinary securities on issue	N/A	40,624,754 ordinary shares	Million Up Ltd

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 he company or scheme are as follows:

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

4. Addresses

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

Name	Address
[4illion Up Ltd		Flat 3306a, 33/F Cable Tower, 9 Hol Shlng Road, Tsuen, Hong Kong
Signatu re print name	4		capacity Director
sion here sign	/ Mr (4hi Pang Andy Hung	date	3o t3120

DIRECTIONS

• (1)lfthereareanumberofsubstantja|ho|derswithsimilarorre|atedre|evantinteresb(eg.acorporationanditsre|atedcorporations,orthemanagerandustee trus0, the names could be included in an annexure to the form. lfthe relevant interesb ofa group of persons are essentially similar, they may be referred to throughoutthe form as a specilically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 4 of the form,
• (2) See the definition of 'televant interest" in sections 608 and 671 B(7) of the Corporations Act 2001 ,
• (3) See the definition of "associate" in section g of the Corporations Act 2001,
• (4) lnclude details of:
• (a) any relevant agreement or oher circumstances because of which the change in relevant interest occurred, lf subsection 671 B(4) applies, a copy of any document 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 wriften statement certifying this contract, scheme or arrangement; and
• (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the votlng powers or disposal ofthe securities to which the relevant interest relates (indicating clearly the particular securities to whlch the qualiflcation applies).

See the definition of 'televant agreement" in section 9 of the Corporations Act 2001 .

• (5) Details ofthe consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entiled to receive in [elation to hat acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf ofthe substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acouiled.
• (6) The voting shares ofa company constitute one class unless divided into separate classes,
• (7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.