IMPEDIMED LIMITED — Director's Dealing 2007

Oct 28, 2007

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 30/9/2001.

Name of entity	IMPEDIMED LIMITED
ABN	65 089 705 144

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	Melvyn John Bridges
Date of last notice	25-Oct-2007

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	Change to direct interest
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.
Date of change	24-Oct-2007 and26-Oct-2007

• See chapter 19 for defined terms.

Appendix 3Y Page 1

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	Direct - Interests held jointly with LucilleMayse Bridges189,270 ordinary shares•69,826 subject to ASX mandatoryescrow for 24 months•119,444 not subject to escrow25,000 options to subscribe for ordinaryshares at an exercise price of $0.72per share•none escrowedIndirect – Interests held by ParmaCorporation4,275,000 ordinary shares•4137,664 subject to ASX mandatoryescrow for 24 months•4,235,000subjecttovoluntaryescrow for 12 months•40,000 not subject to escrow20,000 options to subscribe for ordinaryshares at an exercise price of $0.72 per share.•none escrowed
Class	Ordinary Shares IPD
Number acquired	24-Oct-2007 92,43526-Oct-2007 4,665
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	24-Oct-2007 $87,929.7526-Oct-2007 $4,431.75

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Direct	- Interests held jointly with Lucille	- Interests held jointly with Lucille
	Mayse	Bridges
	286,370 ordinary shares
	•	69,826 subject to ASX mandatory
		escrow for 24 months
	•	216,544 not subject to escrow
	25,000	options to subscribe	for ordinary
		shares at an exercise	price of $0.72
		per share
	•	none escrowed
	Indirect – Interests held		by Parma
	Corporation
	4,275,000 ordinary shares
	•	4137,664 subject to ASX mandatory
		escrow for 24 months
	•	4,235,000subject	tovoluntary
		escrow for 12 months
	•	40,000 not subject to escrow
	20,000	options to subscribe	for ordinary
	shares at an exercise price of $0.72 per share.
	•	none escrowed
Nature of change	On-market trade
Example: on-market trade, off-market trade, exercise of options, issue of
securities under dividend reinvestment plan, participation in buy-back

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 Nature of interest Name of registered holder (if issued securities) Date of change

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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 4

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