Investor Relations

Change of Director`s Interest Notice

Back Apr 29, 2002
Q MULTIMEDIUM LIMITED                         2002-04-29  ASX-SIGNAL-G

HOMEX - Perth                                                         

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APPENDIX 3Y

CHANGE OF DIRECTOR'S INTEREST NOTICE

   Name of Company          Q Multimedium Limited

   ABN                      13 083 160 909

We (the entity) give the 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         Paul Gerard Choiselat

   Date of last notice      17/04/2002


Part 1 - Change of director's relevant interests in securities

Direct or indirect interest             Indirect                 

Nature of indirect interest
(including registered holder)           See part 2               

Date of change                          See part 2 

No. of securities held prior
to change                               FULLY PAID        OPTIONS
                                        ORDINARY
                                        SHARES

Beconwood Securities Pty Ltd (No 3)       338,391        1,488,391
Beconwood Superannuation Pty Ltd - CSF  4,288,500          856,500
Beconwood Superannuation Pty Ltd - WSF  1,078,303        3,248,358
Total Shareholding & Option Interests   5,705,194        5,593,249

Class                                   Ordinary shares          

Number Acquired                         See part 2      

Number disposed                         See part 2      

Value/consideration                     See part 2               

No. of securities held after
change                                  See part 2               

Nature of change                        See part 2               


Part 2 - Change of director's relevant interests in contracts

Detail of contract                                               

On 20 March 2002, the entity announced a general meeting on 23 April 
2002 to approve entry into an underwriting agreement with Beconwood 
Securities Pty Ltd (Beconwood) in respect of the entity's 1:5 pro-rata
non-renounceable issue to shareholders announced on 24 April 2002.

Approval to enter into the agreement was given by shareholders at the 
general meeting on 23 April.

Nature of direct interest        

Mr Choiselat has a relevant interest in the securities of the entity 
which may be acquired by Beconwood pursuant to the terms of the 
underwriting agreement by virtue of being a Director and shareholder 
of Beconwood Securities Pty Ltd (No 3).
                               
Name of registered holder
(if issued securities)                  -                        

Date of change                          23/04/2002

No. and class of securities to which
interest related prior to change        -                        

Interest Acquired                       To be determined on 4    
                                        June 2002 (the Shortfall 
                                        Date) 
             
Interest disposed                       Nil                      

Value/consideration                     $0.04 per share acquired 

Interest after change                   To be determined on      
                                        4 June 2002 (the Shortfall
                                        Date)

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