GENESIS RESOURCES LIMITED — Director's Dealing 2012

May 13, 2012

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 30/09/01 Amended 01/01/11

Name of entity	GENESIS RESOURCES LIMITED
ABN	22 114 787 469

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.

We (the entity) give ASX the following the director for the purposes of section	information under listing rule 3.19A.2 and as agent for 205G of the Corporations Act.
Name of Director	Eddie PANG
Date of last notice	13 May 2010

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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Mr Pang is a trustee and beneficiary of the following registered holders: 1) Wynnwood Pty Ltd ; 2) Wynnwood Pty Ltd Fund>; 3) Wynnwood Pty Ltd S/F A/C>
Date of change	4 May 2012
No. of securities held prior to change	2,140,000 ordinary fully paid shares
Class	1) Ordinary fully paid shares 2) Options exercisable at $0.10, expiring 4 May 2014 (Options)
Number acquired	1) 1,070,000 ordinary fully paid shares 2) 1,070,000 Options
Number disposed	NIL

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non‐cash, provide details and estimated valuation	1) The ordinary fully paid shares were issued at 4.5 cents per share. 2) The Options were issued for nil consideration.
No. of securities held after change	1) 3,210,000 ordinary fully paid shares 2) 1,070,000 Options
Nature of change Example: on‐market trade, off‐market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy‐back	Participation in the Company’s pro-rata non- renounceable rights issue on a 1 for 2 basis, with one free attaching Option for every new share issued.

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	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
**Date of change **	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non‐cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts No detailed above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow N/A the trade to proceed during this period? If prior written clearance was provided, on what N/A date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011