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DEVELOP GLOBAL LIMITED Capital/Financing Update 2008

Sep 15, 2008

64801_rns_2008-09-15_eb5eef27-e840-41c1-9ec7-91a9229f405f.pdf

Capital/Financing Update

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ABN 28 122 180 205

ASX Code: JUT

16 September 2008

Company Announcement Office Australian Securities Exchange Level 45, Rialto South Tower 525 Collins Street Melbourne VIC 3000

Dear Sir/Madam

TRADING HALT

On behalf of the Board of Directors of Jutt Holdings Limited (ASX: JUT), I request the securities of the Company be placed in a trading halt pending an announcement regarding the current capital raising.

We expect the trading halt to end upon the release of an announcement prior to commencement of trading on Thursday, 18 September 2008.

Neither the Board nor I are aware of any reason that the trading halt should not be granted.

Yours faithfully

Company Secretary

Registered Office Suite 1, 1233 High Street, Armadale VIC 3143 PO Box 8694, Armadale VIC 3143 Tel: +61 3 9824 5254 Fax: +61 3 9822 7735 Email: [email protected]

Perth 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 Email: [email protected]

Z:\New Structure\CS\ASX Announcements\Trading Halt Request - 16-9-08.Doc