IMAGE RESOURCES NL — Director's Dealing 2012

Nov 27, 2012

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	George Sakalidis
Date of last notice	13 November 2012

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	(b) Held by Leeman Pty Ltd, a company controlled by Mr Sakalidis. (c) G & J Sakalidis Superannuation Fund>
Date of change	(i) 23 November 2012 (ii) 28 November 2012
No. of securities held prior to change	(a) 1,367,684 fully paid ordinary shares 800,000 unlisted options (exercisable at $2.12, expiry 20/11/2012) 800,000 unlisted options (exercisable at $1.1162, expiry 18/12/2014) 800,000 unlisted options (exercisable at $0.3908, expiry 27/12/2016) (b) 1,284,188 fully paid ordinary shares (c) 329,500fully paid ordinary shares
Class	(i) Fully paid ordinary shares (ii) Unlisted options exercisable at $2.12 and expiring 20/11/2012
Number acquired	(b) 45,000 fully paid ordinary shares
Number disposed	(a) 800,000 unlisted options exercisable at $2.12 and expiring20/11/2012

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	(i) $9,060.56 (ii) Nil
No. of securities held after change	(a) 1,367,684 fully paid ordinary shares 800,000 unlisted options (exercisable at $1.1162, expiry 18/12/2014) 800,000 unlisted options (exercisable at $0.3908, expiry 27/12/2016) (b) 1,329,188 fully paid ordinary shares (c) 329,500 fully paid ordinary shares Total securities held: 3,026,372 fully paid ordinary shares 1,600,000 unlisted options
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	(i) On-market trade (ii) Cancellation of expired unlisted options

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 to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and 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 N/A the trade to proceed during this period? If prior written clearance was provided, on what N/A date was this provided?

28 November 2012 Dennis Wilkins Company Secretary

• See chapter 19 for defined terms.

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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 LIMITED
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	31 May 2012

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	(b) The registered holder (ignoring trivial registry discrepancies and whether each or either of Mr Thomas and Ms Goodwin be the registered holder holding the same for the Waterford Retirement Plan) PS Thomas & SA Goodwin - the relevant interest arises by force of the term of section 608(1) of the Corporations Act in that Mr Thomas is one of 2 people that jointly exercise the powers detailed in that section. (c) Held by Super Metals Corporation Pty Ltd in which Mr Thomas has no beneficial interest but of which Mr Thomas is the sole director and accordingly Mr Thomas has a relevant interestinterms ofthe said section.
Date of change	(i) 23 November 2012 (ii)28 November 2012

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	(a) 650,000 unlisted options exercisable at $2.12 and expiring 20/11/2012 650,000 unlisted options exercisable at $0.3908 and expiring 27/12/2016 500,000 unlisted options exercisable at $1.1162 and expiring 18/12/2014 (b) 954,151 fully paid ordinary shares (c) 646,155 fully paid ordinary shares
Class	(i) Fully paid ordinary shares (ii) Unlisted options exercisable at $2.12 and expiring 20/11/2012
Number acquired	(b) 500,000 ordinary fully paid shares
Number disposed	(a) 650,000 unlisted options exercisable at $2.12 and expiring20/11/2012
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	(i) $95,000 (ii) Nil
No. of securities held after change	(a) 650,000 unlisted options exercisable at $0.3908 and expiring 27/12/2016 500,000 unlisted options exercisable at $1.1162 and expiring 18/12/2014 (b) 1,454,151 fully paid ordinary shares (c) 646,155 fully paid ordinary shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	(i) On-market trade (ii) Cancellation of expired unlisted options

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 to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period **where prior written clearance was required? **	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

28 November 2012

Dennis Wilkins Company Secretary

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3