IMPERIAL PACIFIC LIMITED — Director's Dealing 2004

Jul 14, 2004

Belmont Holdings Limited

(ABN 65 000 144 561)

Level 10 19 Pitt Street Sydney NSW 2000 Tel: 9247 9315 Fax: 9247 9336

15 July 2004

Company Announcements Advice to: Australian Stock Exchange Limited

From: Mr P.E.J.Murray

Company Announcement

Initial Director's Interest Notice

. . . . . . and the state of the . . . . . . . . . . . Peter E^MMurray Director

Initial Director's Interest Notice

Name of Entity:	Belmont Holdings Limited
ABN	1 65 000 144 561

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:	Mr Ian Geoffrey Hardy
Date of Appointment:	14 July 2004

Part 1 – Director's relevant interests in securities of which the director is the registered holder.

Number & Class of Securities:	1,000 Ordinary Shares

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

Name of holder & nature of interest	Number & class of Securities
- Symspur Pty Limited (shareholder) - Minton Superannuation Fund	21,277	Ordinary Shares
(member) - Oakey Creek Pastoral Co Pty Ltd	6,066	Ordinary Shares
(shareholder)	4,100 31,433	Ordinary Shares

Part 3 – Director's interests in contracts

Details of contract:	N/A
Nature of Interest:	N/A
Name of registered holder (if issued securities):	N/A
Number and class of securities to which interest relates:	N/A