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GENERATION DEVELOPMENT GROUP LIMITED Capital/Financing Update 2008

Jul 28, 2008

64973_rns_2008-07-28_e26764a1-3352-4444-a36f-6ab1597707ac.pdf

Capital/Financing Update

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ASX Announcement

29 July 2008

Cancellation of options

Austock Group Limited (“ACK”) announces the cancellation today of 1,200,000 unlisted options over ordinary shares, details of which are as follows:

ASX code Number of options Exercise price Expiry date ACKAS 600,000 $1.2083 31/12/10 ACKAU 600,000 $1.40 31/12/10

These options were cancelled for no consideration.

The remaining number of options on issue is 7,597,440.

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