GENERATION DEVELOPMENT GROUP LIMITED — Director's Dealing 2010

Jun 29, 2010

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity AUSTOCK GROUP LIMITED ABN 90 087 334 370

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Steven Gregg
Date of last notice	30 November 2009

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. Date of change No. of securities held prior to change Class Number acquired Number disposed Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation No. of securities held after change

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Nature of change

Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	Allocation of shares in the Austock Employee SharePlan
Nature of interest	Indirect
Name of registered holder(if issued securities)	Austock Employee Share Custodian Pty Ltd as trusteeof the Austock Employee Share Plan. Mr Gregg is abeneficiary of the Austock Employee Share Plan whichprovides for the purchase on-market of shares by or onbehalf of employees or directors pursuant to ASXListing Rule 10.14.
Date of change	30 June 2010
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired	2,000,000 fully paid ordinary shares pursuant to theAustock Employee Share Plan subject to vestingconditions.
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	n/a
Interest after change	2,000,000 fully paid ordinary shares pursuant to theAustock Employee Share Plan subject to vestingconditions.Option to acquire 1,000,000 fully paid ordinary shareswith an exercise price of $0.50 per share and an expirydate of 30 September 2011 pursuant to Option Deeddated 27November 2009.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002