DEVELOP GLOBAL LIMITED — Director's Dealing 2011

May 30, 2011

Appendix 3Y Change of Director’s Interest Notice

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	Venturex Resources Limited
ABN	28 122 180 205

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	Anthony Miles Reilly
Date of last notice	9 February 2011

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

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

of a director” should be disclosed in this part.
Direct or indirect interest		(a) Direct (b) Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		(b) Director and Shareholder of Cheynes Beach Finance Pty Ltd (Reilly Superannuation Fund)
Date of change		27 May 2011
No. of securities held prior to change			Shares	Options
		Direct	23,983,333	5,000,000
		Indirect	6,360,000	-
		Total	30,343,333	5,000,000
Class		Ordinary fully paid shares
Number acquired			Shares	Options
		Direct	-	-
		Indirect	140,000	-
		Total	140,000	-
Number disposed			Shares	Options
		Direct	-	-
		Indirect	-	-
		Total	-	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$12,653.38

• See chapter 19 for defined terms. 11/3/2002

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change			Shares	Options
		Direct	23,983,333	5,000,000
		Indirect	6,500,000	-
		Total	30,483,333	5,000,000
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 purchase

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

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

Part 3 – Closed period

Were the interests in the securities or contracts detailed above traded during a closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A - Trade occurred in accordance withpolicy
If prior written clearance was provided, on what date was this provided?	N/A - Trade occurred in accordance withpolicy

Date released: 31 May 2011

• See chapter 19 for defined terms. 11/3/2002

Appendix 3Y Page 2