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GENERATION DEVELOPMENT GROUP LIMITED Share Issue/Capital Change 2008

Dec 9, 2008

64973_rns_2008-12-09_f0e9a48d-c6ab-479e-a61d-0d0530da59ae.pdf

Share Issue/Capital Change

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ASX Announcement

10 December 2008

Cancellation of Share Rights

Austock Group Limited (“ACK”) announces the cancellation today of 9,222,000 Share Rights (ACKAY) upon the winding up of the Austock Share Ownership Trust. These Share Rights were cancelled for no consideration.

Forthcoming release of shares from escrow

Upon the winding up of the Austock Share Ownership Trust, the 9,220,000 shares held by the Trust will be returned to the foundation shareholders, free from any escrow conditions. Accordingly, ACK announces the forthcoming release from escrow on 29 December 2008 of 9,220,000 fully paid ordinary shares.

Amanda Gawne Company Secretary

For further information please contact:

Investor Relations Department Telephone: 61 3 8601 2087

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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: [email protected] Website: www.austock.com