Immuron Ltd — Director's Dealing 2009

Jan 13, 2009

Immuren

14 January 9, 2009

The Manager The Company Announcement Office Australian Stock Exchange Limited Sydney NSW

Dear Sir Appendix 3Y

Attached are Appendix 3Y forms in respect of changes in the following Directors interests:

• $\bullet$ Peter J Jenkins
• Colin B Chapman $\bullet$
• Arie L Nudel $\bullet$
• Simon S Sallka $\bullet$

Yours faithfully Graeme Stevens Company

Secretary

Immuron Limited

ABN 80 063 114 045 AUSTRALIA Level 1, 39 Leveson Street North Melbourne VIC 3051
Tel (61) 3 9018 4880 Fax (61) 3 9018 4881

USA The Empire State Building 350 Fifth Avenue 59th Floor New York, N.Y. 10118 Tel 646 402 5289 Fax 646 390 3238

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 30/9/2001.

Name of entity	IMMURON LIMITED
ABN	80 063 114 045

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 J Jenkins
Date of last notice	15 July 2008

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	Direct and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		trustee for various superannuation funds.	Indirect shares are held in name of corporate
Date of change	1 2 3	22 August 2008 9 January 2009 28 June 2006
No. of securities held prior to change	Direct		Indirect
	1,200,000	50,000	1,695,895
Class	FP Shares	Options	FP Shares
Number acquired	2 63,186	Nil	3 260,000
Number disposed	Nil	50,000 1	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$\overline{2}$ \$4,470	1 Nil	3 \$58,500
No. of securities held after change	1,263,186	Nil	1,955,895

• See chapter 19 for defined terms.

11/3/2002

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

Unlisted options expired on 22 August 2008, not exercised. 2 Direct shares issued as part payment of Directors fees for the six months to 31 December 2008 3 Indirect shares relate to the notification of a sale of a direct interest in June 2006 to a family superannuation fund which had not been previously notified as an acquisition of an indirect interest. As a result of this transaction there was no change in the ultimate beneficial ownership of the shares. The value amount represents the value attributable to the transfer in June 2006.

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	Not applicable
Nature of interest
Name of registered holder (if issued securities)
Date of change
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
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

⁺ See chapter 19 for defined terms.

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 30/9/2001.

Name of entity	Immuron Limited
ABN	80 063 114 045

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	Colin B Chapman
Date of last notice	18 June 2008

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	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Not applicable
Date of change	9 January 2009
No. of securities held prior to change	617,154
Class	Ordinary fully paid shares
Number acquired	113,484
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$6,816.80
No. of securities held after change	730,638
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issued as part payment of Directors fees for the six months to 31 December 2008.

• See chapter 19 for defined terms.

11/3/2002

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	Not applicable
Nature of interest
Name of registered holder (if issued securities)
Date of change
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
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

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 30/9/2001

Name of entity	IMMURON LIMITED
$A$ BN	80 063 114 045

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	Arie L Nudel
Date of last notice	13 June 2008

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	Direct and Indirect holdings
Nature of indirect interest (including registered holder)	Shares held in trust by Anadis ESP Pty Ltd and director related entities
Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change		22 August 2008
	2	9 January 2009
No. of securities held prior to change	Direct	Indirect
	146,000	304,761	13,165,348
Class	FP Shares	Options	FP Shares
Number acquired	76,364	Nil	Nil
	(2)
Number disposed	Nil	304,761	1,371,617
		(1)	$\left(3\right)$
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$4,675	Nil	Nil
No. of securities held after change	222,364	Nil	11,793,731

• See chapter 19 for defined terms.

11/3/2002

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		Options - Unlisted options expired on 22 August 2008, not exercised.
	2	Direct shares issued as part payment of Directors fees for the six months to 31 December 2008.
		Indirect shares-disposals are due to retirement as director in previously related entities.

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	Not applicable
Nature of interest
Name of registered holder
(if issued securities)
Date of change
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
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

Appendix 3Y Page 2

11/3/2002

$\overline{a}$

⁺ See chapter 19 for defined terms.

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 30/9/2001

Name of entity	Immuron Limited
A BN	80 063 114 045

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	Simon S Sallka
Date of last notice	18 June 2008

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	Direct Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Shares	Shares	Options
Date of change	9 January 2009
No. of securities held prior to change	52,800	1,001,142	33,333
Class	Shares – fully paid ordinary Options - unlisted expiring 22 August 2008
Number acquired	55,129	Nil	Nil
Number disposed	Nil	Nil	33,333
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$3,900		Nil
No. of securities held after change	107,929	1,001,142	Nil

• See chapter 19 for defined terms.

11/3/2002

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Shares – issued as part payment of Directors fees for the six months to 31 December 2008. Options - expired on 22 August 2008, not
	exercised

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	Not applicable
Nature of interest
Name of registered holder (if issued securities)
Date of change
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
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

• See chapter 19 for defined terms.

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Appendix 3Y Page 2

11/3/2002

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