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 Richard Randall Green
Date of last notice 12 March 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

Direct or indirect interest Indirect interest disposed.
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.
Paribas Pty Ltd ( Green Family Superannuation Fund)
Mr Richard Green has a beneficial interest in this superannuation fund.
Date of change 6 May 2004
No. of securities held prior to change Indirect : Ordinary Shares Fully Paid 585,366
Class Fully paid ordinary shares
Number acquired
Number disposed 25,000
Value/Consideration
Note: If consideration is non-cash, provide details and estimated valuation
$ 50,686.25
No. of securities held after change Indirect : Ordinary Shares Fully Paid 560,366

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 trade.

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