SPENDA LIMITED — Director's Dealing 2004

Sep 28, 2004

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: Premier Bionics Limited
IABN:	67 099 084 143

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	Peter Marks
l Date of last notice	$2$ October $2003$

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 relevantinterest.	Director related entity
Date of change	24 September 2004
No. of securities held prior to change		Shares	Options
	Direct	20,001	513,333
	Indirect	185,000	110,832
Class	Shares
Number acquired		Shares	Options
	Direct
	Indirect	20,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Purchase of 20,000 shares valued at aconsideration of $6,600

+ See chapter 19 for defined terms.

No. of securities held after change			Shares	Options
		Direct	20,001	513,333
		Indirect	205,000	110,832
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities 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.

Detail of contract
Nature of interest
Name of registered holder(if issued securities)
Date of change
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-eash, provide details andan estimated valuation
Interest after change

+ See chapter 19 for defined terms.