DEVELOP GLOBAL LIMITED — Director's Dealing 2008

Aug 26, 2008

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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: Jutt Holdings Limited ABN: 28 122 180 205

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Burkhard N Eisenlohr
Date of appointment	26 August 2008

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Number & class of securities

• Nil

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

	Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest.	Number & class of Securities -Nil

• See chapter 19 for defined terms.

Appendix 3X Page 1

30/9/2001

Appendix 3X Initial Director’s Interest Notice

Part 3 – Director’s interests in contracts

Part 3– Director’s interests in contracts
Detail of contract	Exploration Director Term of engagement
Nature of interest	Director appointment
Name of registered holder (if issued securities)	Burkhard N Eisenlohr or nominee
No. and class of securities to which interest relates	Issue of Incentive Options, subject to shareholders approval: o4,000,000 Equity Incentive Options exercisable at $0.15 (15 cents) on or before 28 May 2011, and o3,000,000 Equity Incentive Options exercisable at $0.25 (25 cents) on or before 1 June 2011 o3,000,000 Equity Incentive Options exercisable at $0.35 (35 cents) on or before 1 June 2011 Incentive Options will vest 50% upon issue with the balance vesting on the first anniversary, providing the Executive remains with the company.

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The CFO Solution 27/08/2008

• See chapter 19 for defined terms.

Appendix 3X Page 2

30/9/2001