DEVELOP GLOBAL LIMITED — Director's Dealing 2008

Feb 28, 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.

Name of Entity: Jutt Holdings Limited (ASX:JUT) 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: Ayaz Khan

Date of Last Notice: 21[st] November 2007

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.

in this part.
Direct or Indirect Interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	-
Date of change	28 February 2008
No. of securities held prior to change				Options 1,712,062 - 1,712,062
			Shares	Options
		Direct	4,610,619	1,712,062
		Indirect	-	-
		Total	4,610,619	1,712,062
Class		1) Ordinary Shares 2) Listed Options
Number acquired				Options - - -
			Shares	Options
		Direct	1) 15,000	-
		Indirect	-	-
		Total	15,000	-

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Number disposed Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation				Options 2)1,600,000 - -
			Shares
		Direct
		Indirect
		Total
No. of securities held after change				Options 112,062 - 112,062
			Shares
		Direct	4,625,619 - 4,625,619
		Indirect
		Total
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		Off-Market transfer

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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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
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The CFO Solution www.thecfo.com.au 29/02/2008

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002