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DEVELOP GLOBAL LIMITED Declaration of Voting Results & Voting Rights Announcements 2010

Nov 25, 2010

64801_rns_2010-11-25_033d3d66-0832-4909-91ac-af7f29af80df.pdf

Declaration of Voting Results & Voting Rights Announcements

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==> picture [239 x 79] intentionally omitted <==

RESULTS OF ANNUAL GENERAL MEETING 26 NOVEMBER 2010

Venturex Resources Limited (Venturex) wishes to advise that Resolutions 1 to 6 contained in the Notice of Annual General Meeting previously advised to the Australian Stock Exchange were passed unanimously on a show of hands.

In accordance with Section 251AA(1) of the Corporations Act 2001, the proxy votes received in respect of each resolution put to the General Meeting are set out below

Resolution For Against Discretion* Abstain Total
1. Adoption of
Remuneration 232,615,371 0 340,650 750,000 233,706,021
Report
2. Non-ExecutiveDirectors’ 156,688,933 283,334 340,650 76,393,104 233,706,021
Remuneration
3. Re-Election of
Anthony WilliamKiernan as a 232,615,371 0 340,650 750,000 233,706,021
Director
4. Re-election of
Allan Trench as a 233,365,371 0 340,650 0 233,706,021
Director
5. Approval for theIssue of Options toAnthony William 232,265,371 350,000 340,650 750,000 233,706,021
Kiernan
6. Adoption of
Employee OptionScheme 157,222,267 150,000 340,650 75,993,104 233,706,021

*The Chairman voted in favour of all resolutions in respect of the discretionary proxies given to the Chairman.

ASX Announcement ASX Code: VXR Released: 26 November 2010

For further details Ms Liza Carpene Company Secretary T: +61 8 6389 7400 M: +61 411 407 835 [email protected]

Board

Tony Kiernan Chairman

Tim Sugden Managing Director

Michael Mulroney Non-Executive Director

Allan Trench Non-Executive Director

Anthony Reilly Executive Director

Liza Carpene Company Secretary

LIZA CARPENE Company Secretary

Contact Details

Registered Office Suite 3, Level 1 127 Cambridge Street West Leederville WA 6007

T: +61 8 6389 7400 F: +61 8 9463 7836 [email protected] www.venturexresources.com

ABN: 28 122 180 205