DEVELOP GLOBAL LIMITED — Major Shareholding Notification 2008

Jul 28, 2008

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme ACN/ARSN	JUTT HOLDINGS LIMITED 122 180 205
1. Details of substantial holder (1) Name	CRAIG IAN BURTON
ACN/ARSN (if applicable)
There was a change in the interests of the substantial holder on	24 / 07 / 2008
The previous notice was given to the company on	04 / 06 / 2008
The previous notice was dated	04 / 06 / 2008

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary Fully Paid Shares	4.177.048	6.40%	4,947,048	7.59%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

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Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
25/06/2008	Craig lan Burton <burton< td="">	On-Market Purchase	A\$14,533	115,000	115,000	On-Market Purchase	A\$14,533	115,000	115,000
	Super Fund a/c>				Ordinary	Ordinary
26/06/2008 Super Fund a/c>	Craig lan Burton <burton< td="">	On-Market Purchase	AS20,978	150,000	150.000	On-Market Purchase	AS20,978	150,000	150.000
						Ordinary	Ordinary
27/06/2008	Craig lan Burton <burton< td="">	On-Market Purchase	A\$9.028	64.763	64,763	On-Market Purchase	A\$9.028	64.763	64,763
	Super Fund a/c>					Ordinary	Ordinary
30/06/2008	Craig lan Burton <burton< td="">	On-Market Purchase	A\$8,587	62,425	62,425	On-Market Purchase	A\$8,587	62,425	62,425
	Super Fund a/c>					Ordinary	Ordinary
01/07/2008	Craig Ian Burton <burton< td="">	On-Market Purchase	A\$15,260	107,812	107,812	On-Market Purchase	A\$15,260	107,812	107,812
	Super Fund a/c>					Ordinary	Ordinary
24/07/2008	Craig lan Burton <burton< td="">	On-Market Purchase	A\$50,390	270,000	270,000	On-Market Purchase	A\$50,390	270,000	270,000
	Super Fund a/c>				Ordinary	Ordinary

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
Craig lan Burton	Craig lan Burton	Craig lan Burton	Direct	4,177,048	4,177,048
				Ordinary	Ordinary
Craig lan Burton	Craig lan Burton	Craig lan Burton		770.000	770,000
			Direct	Ordinary	Ordinary

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5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
	____

6. Addresses

The addresses of persons named in this form are as follows:

_________ Name	Address
Craig Ian Burton --------	PO Box 453 West Perth WA 6872 _________

Signature

Print name	Craig Burtop	Capacity
sign here	Service .	date	28/07/2008 The Constitution of the Constitution of the Constitution of the constitution of the Constitution of the Constitution of the Constitution of the Constitution of the Constitution of the Constitution of the Constitution of th ********

DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (e.g. a corporation and its related corporations, or the manager and $(1)$ trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
• $(3)$ See the definition of "relevant interest" in sections 608 and 671B (7) of the Corporations Act 2001.
• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(5)$
• $(6)$ Include details of:
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy $(a)$ of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement, and
• $(b)$ any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or $(7)$ may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

If the substantial holder is unable to determine the identity of the person (e.g. if the relevant interest arises because of an option) write "unknown". $(8)$

$(9)$ Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.