DEVELOP GLOBAL LIMITED — Regulatory Filings 2007

Aug 20, 2007

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ABN: 28 122 180 205

ASX ANNOUNCEMENT

Notice Under Section 708A(5) of the Corporations Act [ASX Code: JUT]

21 August 2007

This notice is given under paragraph (5)(e) of section 708A of the Corporations Act.

The following securities of the Company were issued without disclosure to investors under Part 6D.2 of the Corporations Act:

Type:	Shares	Unlisted Options
Class/Description:	Ordinary (Fully Paid)	Each to acquire one ordinary share, having an exercise price of $0.30, exercisable on or before 10 October 2008
ASX Code:	JUT	New Class
Date of Issue:	21 August2007	21 August2007
Number Issued:	400,000	300,000
Issue Price per Security	$Nil	$Nil

The Company intends to apply to Australian Stock Exchange Limited for quotation of the ordinary fully paid shares.

As at the date of this notice, the Company has complied with:

• (a) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

• (b) section 674 of the Corporations Act.

Other information which is excluded information required to be disclosed None. under paragraph (6)(e) of section 708A of the Corporations Act

For and on behalf of Jutt Holdings Ltd

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Phillip Hains Company Secretary

Jutt Holdings Ltd. (JUT) Suite 1, 1233 High Street Armadale VIC 3143 Australia