IMPEDIMED LIMITED — Director's Dealing 2009

Mar 4, 2009

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	James Hazel
Date of last notice	25thOctober 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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Candlegrove Pty Ltd (a company of which James Hazel is a director and can influence voting and disposal of shares)
Date of change	03-March-2009
No. of securities held prior to change	Candlegrove Pty Ltd atf Hazel Family Super Fund (Indirect)  238,598 ordinary shares o 16,331 subject to ASX mandatory escrow for 24 months o 222,267 not subject to escrow (including 67,500 subscribed for at IPO)  33,750 options to subscribe for ordinary shares at an exercise price of $0.72 per share o Subscribed for at IPO, not subject to escrow
Class	Ordinary Shares

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Number acquired	15,000
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$10,985.01 (73.2 cents per share)
No. of securities held after change	Candlegrove Pty Ltd atf Hazel Family Super Fund (Indirect)  253,598 ordinary shares o 16,331 subject to ASX mandatory escrow until 24- Oct-2009 o 237,267 not subject to escrow (including 67,500 subscribed for at IPO)  33,750 options to subscribe for ordinary shares at an exercise price of $0.72 per share o Subscribed for at IPO, not subject to escrow
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On market trade

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.

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Detail of contract
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
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• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002