GENERATION DEVELOPMENT GROUP LIMITED — Capital/Financing Update 2010

May 25, 2010

==> picture [148 x 39] intentionally omitted <==

ASX Announcement

26 May 2010

Deferral of call on partly paid shares

The Board of Austock Group Limited (ASX:ACK) announces that it has resolved to defer the call on its partly paid shares.

Austock has 5,153,580 unquoted partly paid shares on issue, each paid to $0.01. Under the terms of issue of these shares, a call was due to be made and paid on 30 June 2010. The Board has resolved to defer the call and extend the due date for payment to 30 June 2012, at which time the amount of the call will be the greater of $0.29 and the market value of Austock shares, less $0.01, subject to a maximum of $0.94.

For further information please contact:

Paul Masi Managing Director Tel: (02) 9233 9648

==> picture [123 x 33] intentionally omitted <==

Austock Group Limited ABN: 90 087 334 370 Level 1, 350 Collins Street, Melbourne, Vic 3000 Telephone: 61 3 8601 2049 Facsimile: 61 3 9670 3081 Email: investorrelations@austock.com Website: www.austock.com