DEVELOP GLOBAL LIMITED — Capital/Financing Update 2008

Dec 30, 2008

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ABN 28 122 180 205

ASX ANNOUNCEMENT (ASX Code JUT)

31 December 2008

Company Announcement Office ASX Limited Level 45, Rialto South Tower 525 Collins Street MELBOURNE VIC 3000

Dear Sir

DESPATCH OF ENTITLEMENT ISSUE PROSPECTUS

The Board of Jutt Holdings Limited wishes to advise that the Entitlement Issue Prospectus dated 16 December 2008 was despatched to Shareholders today, together with a covering letter and Entitlement and Acceptance Application Form.

Yours faithfully

LIZA CARPENE Company Secretary

Registered & Principal Office

Level 1, 35 Richardson Street, West Perth WA 6005 PO Box 863, West Perth WA 6872

Tel: +61 8 6424 9188 Fax: +61 8 9463 7836

www.juttholdings.com Email: admin@juttholdings.com