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GENESIS RESOURCES LIMITED Share Issue/Capital Change 2009

Oct 22, 2009

64980_rns_2009-10-22_d677c4e5-1424-4a99-8266-845da686917a.pdf

Share Issue/Capital Change

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Computershare Investor Services Pty Limited

ABN 48 078 279 277 Level 2, 45 St George's Terrace Perth Western Australia 6000 Australia GPO Box D182 Perth Western Australia 6840 Australia Investor Enquiries 1300 557 010 Telephone 61 8 9323 2000 Facsimile 61 8 9323 2033 www.computershare.com

21 October 2009

The Directors Genesis Resources Limited 52 Marina Blvd Cullen Bay NT 0820

Dear Sirs

Escrow Securities

We confirm the issue of restricted securities as detailed below:

ESCROW SHARES 24 MONTHS FROM DATE OF QUOTATION
Fully Paid Shares 16,600,000
ESCROW SHARES ENDING 23/02/2010
Fully Paid Shares 750,000
ESCROW SHARES ENDING 10/01/2010
Fully Paid Shares 525,000
ESCROW SHARES ENDING 13/03/2010
Fully Paid Shares 1,725,000

In accordance with Australian Stock Exchange Listing Rule 9.5 (b) we confirm that we have imposed a holding lock on the register which will prevent a transfer on those securities. We undertake to maintain the restriction until such time as a written consent is received from ASX.

Yours sincerely,

Jerry Lin Relationship Manager