DEVELOP GLOBAL LIMITED — Director's Dealing 2008

Jun 12, 2008

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.

	Jutt Holdings Limited (ASX:JUT)
Name of Entity:
	28 122 180 205
ABN:

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: Charles W Morgan

Date of Last Notice: 2 June 2008

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.

Direct or Indirect Interest		Indirect	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.		Director Related Entity
Date of change		12 June 2008
No. of securities held prior to change				Options-1,700,0011,700,001
			Shares	Options
		Direct	-	-
		Indirect	2,000,001	1,700,001
		Total	2,000,001	1,700,001
Class		Unlisted Options
Number acquired				Options-1,500,0001,500,000
			Shares	Options
		Direct	-	-
		Indirect	-	1,500,000
		Total	-	1,500,000

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Number disposed					Options---
				Shares	Options
		Direct		-	-
		Indirect		-	-
		Total		-	-
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation		Nil
No. of securities held after change					Options-3,200,0013,200,001
				Shares	Options
		Direct		-	-
		Indirect		2,000,001	3,200,001
		Total		2,000,001	3,200,001
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back		Issue of director options as approved byshareholders at EGM held on 9 June 2008.

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.

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----- Start of picture text ----- Detail of contractNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuationInterest after change----- End of picture text -----

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www.thecfo.com.au 13/06/2008

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002