IMPERIAL PACIFIC LIMITED — Director's Dealing 2006

Mar 21, 2006

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:	Belmont Holdings Limited
IABN.	65 000 144 561

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	Mr Philip Gerald Cooper
Date of last notice	20 January 2004

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.	Purchase for superannuation fund by trustee Ledingham Nominees Pty Limited.
Date of change	17 March 2006
No. of securities held prior to change	110,000 comprising 2,400 (Philip Gerald Cooper) and 107,600 (Ledingham Nominees Pty Ltd)
Class	Ordinary Shares
Number acquired	5,322
Number disposed	Nil
Value/Consideration Note: If consideration is non-eash, provide details and estimated valuation	\$7,982.38
No. of securities held after change	115,322 comprising 2,400 (Philip Gerald Cooper) and 112,922 (Ledingham Nominees Pty Ltd)

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
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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	NA
Nature of interest	NA
Name of registered holder (if issued securities)	NA
Date of change	NA
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	NA.
Interest acquired	NA
Interest disposed	NA
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	NA
Interest after change	NA

22 March 2006