IMPEDIMED LIMITED — Director's Dealing 2007

Oct 24, 2007

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	IMPEDIMED LIMITED
ABN	65 089 705 144

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	Dr Cherrell Hirst
Date of appointment	1 August 2005

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

139,270 ordinary shares

• 69,826 subject to ASX mandatory escrow for 24 months

• 69,444 not subject to escrow

• See chapter 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.Bond Street Custodians Limited (astrusteeforCherrellHirst’ssuperannuation fund)	Number & class of Securities34,500 ordinary shares•Subscribed for at IPO, not subject toescrow17,250 options to subscribe for ordinary shares atan exercise price of $0.72 per share•Subscribed for at IPO, not subject toescrow

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	Nil
Nature of interest
Name of registered holder(if issued securities)
No. and class of securities towhich interest relates

• See chapter for defined terms.

Appendix 3X Page 2

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