SPENDA LIMITED — Director's Dealing 2005

Nov 10, 2005

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
ABN:	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	Jeremy Cooper
Date of last notice	10 May 2005

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	8 November 2005a)8 November 2005b)
No. of securities held prior to change		Shares	Options
	Direct		300,000
	Indirect	255,000	128,330
Class	Shares and Options
Number acquired		Shares	Options
	Direct
	Indirect	330,971	153,250
Number disposed	Nil

+ See chapter 19 for defined terms.

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation		retirement as directorshareholder entitiesshareholder entities	a) Off market transfer of 330,971 sharesat $$0.31$ per share (deemed) - uponfromb) Off market transfer of 153,250options at $0.08 per option (deemed)- upon retirement as director from
No. of securities held after change	DirectIndirect	Shares330,972255,000	Options453,250128,330
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	a) Off market transferb) Off market transfer

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 relation.to which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation
Interest after change

The CFO Solution www.thecfo.com.au11 November 2005

$+$ See chapter 19 for defined terms.