GENERATION DEVELOPMENT GROUP LIMITED — Regulatory Filings 2011

Oct 11, 2011

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ASX / Media Release

CLAIM BY LIQUIDATORS OF ABC

12 October 2011: Further to its announcement dated 14 December 2010, Austock Group Limited (ASX: ACK) announces that two of its subsidiaries, Austock Property Services Pty Ltd (APS) and ACN 101 074 015 Pty Ltd (formerly known as Austock Corporate Finance Pty Ltd) (ACF), have agreed to settle claims of approximately $2.7 million made by the liquidators of ZYX Learning Centres Limited (Formerly ABC Learning Centres Limited) (In Liquidation) (Receivers and Managers Appointed) and a related entity.

The claims, which were disputed by APS and ACF, were settled without any admission of liability. Austock cannot disclose the amount of the settlement payment because the terms of settlement are confidential. However, the amount of the settlement payment is not material to the financial position of Austock.

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For further information, please contact:

Craig Thompson Investor Relations

Tel: 03 8601 2633 cthompson@austock.com

About Austock Group:

Austock Group is an independent, publicly listed diversified investment and financial services group. It has a culture and track record of being prepared to invest to build sustainable returns for its clients and shareholders.

Founded in 1991, the company now comprises corporate, securities and private wealth advisory, as well as investment management businesses, Austock Property and Austock Life. Austock Life manages the successful Imputation Bond product, which allows investors to access a suite of highly-rated global and Australian fund managers via a tax-effective investment platform.

Austock has offices in Melbourne, Sydney, Adelaide, Perth and the Gold Coast, along with international affiliations. Austock is a Pooled Development Fund that invests in and develops financial services businesses under a tax-efficient structure.