GENESIS RESOURCES LIMITED — Major Shareholding Notification 2014

May 7, 2014

605	page 1/2	15 July 2001

Form 605 Corporations Act 2001 Section 671B
		Notice of ceasing to be a substantial holder
To Company Name/Scheme		GENESIS RESOURCES LIMITED
ACN/ARSN	114 787 469
1. Details of substantial holder (1)
Name ACN/ARSN (if applicable)	BVI 1646854	Cartier Peaks Investments Ltd
The holder ceased to be a substantial holder on		31/8/2013
The previous notice was given to the company on The previous notice was dated		23/7/2013
		19/7/2013

2. Changes In relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation to change (5)	Class (6) and number of securities affected	Person's votes affected
31 August 2013	lCartier Peaks Ilnvestments Ltd: Indigo Pearl Capital iLtd	¦Cessation of association between Indigo Pearl Capital Ltd and Carlier Peaks! investments Ltd	n/a	9.128.000	9.128,000

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

The companies were associates by reason of having common directors. Indigo Peari Capital Ltd; Cartier Peaks Investments Ltd With changes to the board of each company, this is no longer the case	Name and ACN/ARSN (if applicable)	Nature of association

4. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Indigo Pearl Capital Ltd	Palm Grove House, PO Box 438, Road Town, Tortola, British Virgin Islands
Cartier Peaks Investments Ltd	Palm Grove House, PO Box 438, Road Town, Tortola, British Virgin Islands

Signature

print name Lim Xue Nuo		capacity Authorised signiforle
sign here	Multip	date $07th$ May 2014

605 GUIDE page 2/2 15 July 2001

DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and $(1)$ if there are a nonlined or educational nonstructure of the securitorium increase (eg. a corporation and to renew corporations, or are members and increased in an analysis and increased in an analysis and increased in an an these of an equity user, are named your to answer at an amplement of any name in the name of a group or potential of coolining, animal, is clearly set out in paragraph 4 of the form.
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(2)$
• $(3)$ See the definition of "associate" in section 9 of the Corporations Act 2001.
• $(4)$ include details of:
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy $(a)$ any relevant syncetron to other cassmissences because of misoritate original interests in subsection of repayappies, a copy of any relevant agreement, and a statement by the person giving full and accurate details of any c
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the $(b)$ any queen control of the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• Details of the consideration must include any and all benefits, moneys and other, that any person from whom a relevant interest was acquired has, or
  may, become entitied to receive in relation to that acquisition. Details $(5)$ ney, because onlined to receive in relation to that experience. Determination of motions over it the content is continuous on the nappering or not of a
  contingency. Details must be included of any benefit paid on behalf of
• $(6)$ The voting shares of a company constitute one class unless divided into separate classes.
• Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $(7)$