IMUGENE LIMITED — Major Shareholding Notification 2003

Jul 31, 2003

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme	IMUGENE LIMITED
ACN/ARSN	009 179 551
	---

1. Datalls of substantial holder (1)

Name		BLUEKNIGHT CORPORATION PTY LTD
ACN/ARSN (if applicable)	094 502 360
The holder ceased to be a substantial holder on		30/7/03
The previous notice was given to the company on		3/12/02
The previous notice was dated		3/12/02

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the aubstantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change $(4)$	Consideration given in relation to change (5).	Class (6) and number of securities affected	Person's voted affected
30/7/03	Blueknight Corporation Pty Ltd	On market sale	19.53 cents per	2.000.000	2,000,000
			share

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

__	Name and ACN/ARSN (if applicable)	Nature of of association.
	aninonia NK saan maana kaliba -------
			--

4. Addresses

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The addresses of persons named in this form are as follows:

	Name Address Blueknight Corporation Pty Ltd
				GPO Box H531, PERTH WA 6001
Signature
	print name	ROGER STEINEPREIS		capacity	DIRECTOR
	sign here	MATALANE राष्ट्रग		date	31/7/03