DEVELOP GLOBAL LIMITED — Capital/Financing Update 2009

Aug 4, 2009

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5 August 2009

Dear Option Holder

NOTICE OF NON-RENOUNCEABLE ENTITLEMENT ISSUE TO OPTION HOLDERS

We are writing to you in relation to your option holding in Venturex Resources Limited ( Company ).

The Company has announced to the ASX Limited ( ASX ) a pro rata non-renounceable entitlement issue on the basis of one (1) new Share for every ten (10) Shares held on the Record Date at an issue price of 5 cents per Share ( Entitlement Issue ).

Pursuant to the terms of the options that were issued to you, the Company is required to notify you of your right to participate in any pro rata issue of securities if you exercise your options prior to the record date for the pro rata issue.

Accordingly, take notice that in order to participate in the Entitlement Issue, you will need to exercise your options prior to the record date for the Entitlement Issue, being 12 August 2009.

The Company has lodged a prospectus in relation to the Entitlement Issue at the Australian Securities & Investments Commission and this document will be despatched to Shareholders of the Company on 14 August 2009. The prospectus outlines the Entitlement Issue in detail.

Should you have any queries in relation to this matter, please do not hesitate to contact the Company on (+61 8) 6424 9188.

Yours faithfully

TIM SUGDEN Managing Director

Registered & Principal Office Level 1, 35 Richardson Street, West Perth WA 6005 PO Box 863, West Perth WA 6872

ABN 28 122 180 205 Tel: +61 8 6424 9188 www.venturexresources.com Fax: +61 8 9463 7836 E: admin@venturexresources.com

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