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GENERATION DEVELOPMENT GROUP LIMITED Capital/Financing Update 2012

Jan 17, 2012

64973_rns_2012-01-17_74ba345a-ef9f-4eca-bb12-9d90fe3856bf.pdf

Capital/Financing Update

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ASX Announcement

18 January 2012

Austock continues discussions with Intersuisse

Further to its announcement on 19 December 2011, Austock Group Limited (ASX:ACK) advises that discussions with Intersuisse Holdings Pty Ltd (“Intersuisse”) regarding the proposed acquisition of the Austock Securities businesses are continuing.

The exclusivity period granted to Intersuisse will continue until a transaction is finalised or Austock terminates the exclusivity arrangements.

Further information will be provided to the market once negotiations with Intersuisse have concluded.

For further information please contact:

Paul Masi

Managing Director, Austock Group Limited Telephone: 02 9233 9611

Jonathan Buckley

Deputy Chairman, Intersuisse Holdings Pty Ltd Telephone: 03 9629 8288

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Austock Group Limited ABN: 90 087 334 370 Level 12, 15 William Street, Melbourne, Vic 3000 Telephone: 61 3 8601 2000 Facsimile: 61 3 9200 2286 Email: [email protected] Website: www.austock.com