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GENETIC TECHNOLOGIES LIMITED Board/Management Information 2004

May 23, 2004

65022_rns_2004-05-23_4799e61c-3564-4b28-bbb0-b6a424e4ae06.pdf

Board/Management Information

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24 May 2004

The Manager Company Announcements Office Australian Stock Exchange Limited Exchange Centre, 20 Bridge Street Sydney NSW 2000

Dear Sir.

GTG Appoints First Full Time Chief Financial Officer

Genetic Technologies Limited (GTG-ASX) is delighted to announce it has appointed Mr. Tom Howitt as its first full time Chief Financial Officer, with effect from 1 June 2004. Tom will be based in the Fitzroy headquarters and main laboratory of GTG.

Tom comes to GTG with considerable experience, having served as Chief Financial Officer and Company Secretary for a number of public companies listed on both the ASX and on foreign exchanges. His experience in the public arena covers all facets of financial management and control, and across a variety of industry sectors, including resources and technology, in both the domestic and international environments. Most recently, he was closely involved in supporting the development, patenting and commercialisation of an innovative suite of technologies.

Tom also has experience in raising equity capital, bank debt and the management of complex due diligence programmes.

Earlier in his career, Tom gained valuable experience working as a Taxation Consultant with international accountants. Ernst & Young, and also in the investment banking industry. Tom holds a Bachelor of Commerce degree, is a qualified Chartered Accountant, a member of the Taxation Institute of Australia and the Institute of Chartered Secretaries.

We look forward to Tom now joining the senior management team at GTG, together with his extensive financial experience.

Yours faithfully,

Dr Mervyn Jacobson Executive Chairman

Genetic Technologies Limited . Website: www.gtg.com.au . Email: [email protected] ABN 17 009 212 328 Registered Office and Main Laboratory . 60-66 Hanover Street Fitzroy VIC 3065 Australia Phone 61 3 9415 1135 · Fax 61 3 9417 2987 · Postal Address P.O. Box 115 Fitzroy Victoria 3065 Australia Corporate Office · Suite 2, Level 12, 75 Elizabeth Street Sydney NSW 2000 Australia Phone 61 2 9233 5015 - Fax 61 2 9232 5313