GENESIS RESOURCES LIMITED — Board/Management Information 2012

Oct 21, 2012

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Genesis Resources Limited is an Australian company with a portfolio (over 1,501 km[2] ) of quality iron, manganese, gold and base metal projects in the highly prospective Proterozoic and Palaeozoic metallogenic provinces of Australia.

Genesis has also signed a Joint Venture over the Plavica Project: an advanced project within Macedonia. The Plavica Project is highly prospective for gold, copper, silver, molybdenum, lead and zinc mineralisation.

Genesis is an exploration company committed to the creation of shareholder value through successful mineral exploration and development.

Registered Office

Level 3, 1 Collins Street, Melbourne VIC 3000 Australia

Tel: +61 3 9286 7500 Fax: +61 3 9662 1472

ABN: 22 114 787 469

Directors and Management

ASX ANNOUNCEMENT

22 October 2012

Appointment of Non-Executive Director

Genesis Resources Limited ( Genesis or the Company ) is pleased to announce the appointment of Mr John Karajas as NonExecutive Director of the Board, effective today.

Mr Karajas is a geologist with over 40 years’ experience in mineral and hydrocarbon exploration, which includes gold and base metal exploration in Western Australia, Queensland, Iceland, Macedonia and northern Sweden. Mr Karajas brings with him extensive exploration expertise gained from his positions within several North American multinational companies, including Falconbridge, Anaconda and Hanna Mining. In addition, Mr Karajas’ management experience includes six years (between 2005 -2011) as Managing Director of Red River Resources Limited.

Importantly, Mr Karajas is fluent in both English and Macedonian, which the Board considers will be of key contribution to the Company as it seeks to further progress its Plavica Project in Macedonia to the next level.

Mr Karajas is a Member of the Australia Institute of Geoscientists, a Non-Executive Chairman of Red River Resources Limited and a Non-Executive Director of United Orogen Limited.

Mr Eddie Pang Chairman

Mr Peter Kong Managing Director Mr John Karajas Non-Executive Director Mr Patrick Volpe Non-Executive Director Mr Deric Wee Non-Executive Director Mr John Zee Non-Executive Director Ms Sophie Karzis Company Secretary

ASX Code: GES

Issued Capital: 96,486,430 shares

The Directors welcome Mr Karajas to the Board of Genesis and look forward to his contribution to the Company and in particular its interests in Macedonia.

An Appendix 3X (Initial Director’s Interest Notice) for Mr Karajas will follow shortly.

-End

For more information, please contact:

PETER KONG EDDIE PANG Managing Director Chairman T: +61 (0) 3 9286 7500 T: +61 (0) 3 9286 7500 E: peter.kong@genesisresourcesltd.com.au E: eddie.pang@genesisresourcesltd.com.au

GENESIS RESOURCES LIMITED ACN 114 787 469 Level 3, 1 Collins Street, Melbourne, Victoria 3000, Australia Tel: +61 3 9286 7500 | Fax: +61 3 9662 1472 | www.genesisresourcesltd.com.au