SPENDA LIMITED — Director's Dealing 2007

May 10, 2007

Appendix 3Y

Rule 3.19A.2

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 (ASX:PBI)
ABN:	$\sim$ 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: Ross Horley
Date of Last Notice: 11 th January 2007

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	Direct & 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	$11^{th}$ May 2007
No. of securities held prior to change	DirectIndirectTotal	Shares189,5005,184,5745,374,074	Options1,000,0001,000,000
Class	Shares
Number acquired	DirectIndirectTotal	Shares۰	Options

+ See chapter 19 for defined terms.

Number disposed	Direct	Shares189,500	Options
	IndirectTotal	110,500300,000
Value/ConsiderationNote: If consideration is non-eash, provide details and estimatedvaluation	$66,000.00
No. of securities held after change		Shares	Options
	Direct
	Indirect	5,074,074	1,000,000
	Total	5,074,074	1,000,000
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back-	Off-Market Disposal

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-cash, provide details andan estimated valuation
Interest after change
CFO

www.thecfo.com.auH/05/2007

$+$ See chapter 19 for defined terms.

Appendix 3Y

Rule 3.19A.2

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 (ASX:PBI)
ABN:	$\sim$ 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: Michael Reid
Date of Last Notice: $10^{th}$ May 2007

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	Direct
Nature of indirect interest
(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.
Date of change	$11^{th}$ May 2007
No. of securities held prior to change		Shares	Options
	Direct	300,000
	Indirect
	Total	300,000
Class	Shares
Number acquired		Shares	Options
	Direct	100,000
	Indirect	$\blacksquare$
	Total	100,000

+ See chapter 19 for defined terms.

Number disposed	DirectIndirectTotal	Shares	Options
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$22,000.00
No. of securities held after change	DirectIndirectTotal	Shares400,000400,000	Options
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Off-Market Acquisition

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-cash, provide details andan estimated valuation
Interest after change
CFO

www.thecfo.com.auH/05/2007

$+$ See chapter 19 for defined terms.