DEVELOP GLOBAL LIMITED — Share Issue/Capital Change 2008

Apr 28, 2008

ENTITLEMENT and ACCEPTANCE APPLICATION FORM

THIS DOCUMENT IS IMPORTANT. IF YOU ARE IN DOUBT AS TO HOW TO DEAL WITH IT, PLEASE CONTACT YOUR STOCKBROKER OR LICENSED PROFESSIONAL ADVISER.

REGISTERED OFFICE: Suite 1, 1233 High Street ARMADALE VIC 3143

SHARE REGISTRY: Security Transfer Registrars Pty Ltd All Correspondence to: PO BOX 535, APPLECROSS WA 6953 770 Canning Highway, APPLECROSS WA 6153 T: (08) 9315 2333 F: (08) 9315 2233 E: registrar@securitytransfer.com.au W: www.securitytransfer.com.au

JUTT HOLDINGS LIMITED

ABN: 28 122 180 205

«HOLDER_NAME___» «ADDRESS_LINE_1__» ASX Code: JUT «ADDRESS_LINE_2__» HOLDER NO: «Holder_No» «ADDRESS_LINE_3__» «ADDRESS_LINE_4__» Shareholding at 5.00PM WST on «SECURITIES» «ADDRESS_LINE_5__» 6 May 2008

Shareholding at 5.00PM WST on «SECURITIES» 6 May 2008

Entitlement to Shares 1:3 «ENTITLEMENT»

Amount payable on acceptance @ «AMOUNT» $0.06 per Share

NON-RENOUNCEABLE RIGHTS ISSUE ON THE BASIS OS ONE (1) NEW SHARE FOR EVERY THREE (3) SHARES HELD WITH ONE (1) FREE OPTION FOR EVERY SHARE ISSUED OFFER CLOSING AT 5.00PM WST ON 22 MAY 2008

To the Directors,

JUTT HOLDINGS LIMITED

• (1) I/We the above named being registered on 6 May 2008 (at 5.00pm WST) as the holder(s) of ordinary shares in your Company hereby accept and apply for the undermentioned New Shares issued in accordance with the terms of the Prospectus accompanying this form.

TO COMPLETE BY SHAREHOLDER		NUMBER OF NEW SHARES ACCEPTED/APPLIED FOR	NUMBER OF NEW SHARES ACCEPTED/APPLIED FOR	@ $0.06 PER SHARE			AMOUNT ENCLOSED
Entitlement or part thereof	,		,	$0.06	AUD $	,	,	.

• (2) I/We enclose my/our cheque made payable to JUTT HOLDINGS LIMITED – TRUST ACCOUNT, for the amount shown being payment at the rate of $0.06 per Share applied for.

• (3) I/We hereby authorise you to place my/our name(s) on the register of members in respect of the number of New Shares allotted to me/us. (4) I/We agree to be bound by the Constitution of the Company.

• (5) If any information on this form is not completed correctly, or if the accompanying payment is for the wrong amount, it may still be accepted. Any decision of the directors as to whether to accept this form, and how to construe, amend or complete it shall be final.

• (6) I/We authorise the Company to send the applicant a substituted application form (if this application form ceases to be current) to the applicant’s email address set out in this application.

• (7) I/We declare that the applicant has received a full and unaltered version of the Prospectus either in an electronic or paper format.

• (8) Sufficient cleared funds should be held in your account as your acceptance may be rejected if your cheque is dishonoured. (9) My/Our contact details in case of enquiries are:

Telephone

Telephone	Telephone
Area Code												Contact Name
Email
B	L	O	C	K
@	L	E	T	T	E	R	S	.	C	O	M

NOTE: Only cheques and/or bank drafts in Australian currency and drawn on and payable on a bank within Australia should be forwarded to Security Transfer Registrars Pty Ltd, PO Box 535, APPLECROSS WA 6953 together with this Entitlement and Acceptance Form.

RETURN OF THIS DOCUMENT WITH THE REQUIRED REMITTANCE WILL CONSTITUTE YOUR ACCEPTANCE OF THE SECURITIES BEING OFFERED

Share Registry Use Only	Registry Date Stamp
JUT 5

RI: 300

EXPLANATION OF ENTITLEMENT

1. The front of this form sets out the number of Shares which you are entitled to accept.

2. Your entitlement may be accepted either in full or in part. There is no minimum acceptance.

3. You may not apply for Shares in excess of your maximum entitlement using this form.

4. The price payable on acceptance of each Share is $0.06

5. You may accept your entitlement in full by completing the Entitlement and Acceptance Form overleaf.

APPLICATION INSTRUCTIONS

1. The issue price of $0.06per Share on is payable in full upon application.

2. Payments must be made in Australian currency by cheque or bank draft drawn on and payable at a bank within Australia. Cheques and bank drafts drawn on banks outside Australia in either Australian currency or in foreign currency will not be accepted.

Do not forward cash as receipts will not be issued.

1. The cheque or bank draft must be made payable to JUTT HOLDINGS LIMITED – TRUST ACCOUNT and crossed “Not Negotiable”.

2. When completed, this form together with the appropriate payment in Australian currency should be forwarded to our Registry: Security Transfer Registrars Pty Ltd, PO Box 535, APPLECROSS WA 6953.

3. Acceptances must be received by Security Transfer Registrars Pty Ltd no later than 5.00PM WST on 22 May 2008

ENQUIRIES

Any enquiries should be directed to:

The Company’s share registry:

Security Transfer Registrars Pty Ltd PO Box 535 Applecross, Western Australia 6953

Street Address: Alexandrea House, Suite 1 770 Canning Highway Applecross, Western Australia 6153

Telephone (61-8) 9315 2333 Facsimile (61-8) 9315 2233