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: Institute of Drug Technology Australia Limited

ABN : 66 006 522 970

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 Geoffrey Fredrick Lord
Date of last notice 26 March 2002

2002

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

Direct or indirect interest Indirect Interest
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.
GNR Superannuation Fund.
Date of change 8 July 2003
No. of securities held prior to change Direct : Unquoted Options 220,000
Indirect : Ordinary Shares Fully Paid 5,940,215
Class Fully paid ordinary shares
Number acquired 19,000
Number disposed Nil
Value/Consideration
Note: If consideration is non-cash, provide details and estimated valuation
$33,551
No. of securities held after change Direct : Unquoted Options 220,000
Indirect : Ordinary Shares Fully Paid 5,959,215

5,992,440Indirect

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 purchase

Part 2 - Change of director's interests in contracts

Detail of contract
Nature of interest

Name of registered holder
(if issued securities)

Date of change
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

Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details and an estimated valuation

Interest after change

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