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IMAGE RESOURCES NL Share Issue/Capital Change 2007

Apr 3, 2007

65117_rns_2007-04-03_85a1b0f3-9661-4f71-b444-cf37fbb9b706.pdf

Share Issue/Capital Change

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ASX PERTH

NO.958 $P.1/1$

magnetic resourceskt

$2^{nq}$ Floor 35 Outram Street West Perth WA 6005 PO Box 1386 West Perth WA 6872

Phone: (08) 9226 1777 Fax: (08) 9485 2840

email: [email protected] www.magres.com.au

abn: 34 121 370 232

4 April 2007

Mr Ben Donovan Australian Stock Exchange Limited Level 3, Exchange Plaza 2 The Esplanade PERTH WA 6000

Transmitted by Facsimile to: 08 9221 2020

Dear Ben

As requested, it is confirmed that 8,296,742 fully paid ordinary shares and 12,445,572 contributing shares payable to \$0.20 have been issued to shareholders of Image Resources NL under the Bonus Issue.

Yours faithfully

$\mathbf{I}$

George Schidede

GEORGE SAKALIDIS Managing Director