IMEXHS LIMITED — Director's Dealing 2008

Mar 6, 2008

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

Name of entity: AUSTRALIAN BIODIESEL GROUP LIMITED

ABN: 60 096 687 839

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Prof. Dr. Thomas Maschmeyer
Date of appointment	29 February 2008

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

Nil

• See chapter 19 for defined terms.

Appendix 3X Page 1

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Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

	Name of holder & nature ofinterestNote: Provide details of the circumstances giving rise tothe relevant interest.Nil	Number & class of SecuritiesNil

Part 3 – 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	ABG Limited has a research contract with theUniversity of Sydney, as part of an ARCLinkageumbrellaarrangement.ABG’scontribution to the contract is $170,000 for the2008 year.
Nature of interest	Prof. Maschmeyer’s group performs the workassociated with that contract.
Name of registered holder(if issued securities)	Not applicable
No. and class of securities towhich interest relates	Not applicable

• See chapter 19 for defined terms.

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