GENETIC TECHNOLOGIES LIMITED — Director's Dealing 2003

Aug 13, 2003

Appendix 3Y

Rule 3.19A.2

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 30/9/2001.

	Name of entity Genetic Technologies Limited
ABN 17 009 212 328

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.

Name of Director	Ian Alistair Dennis
Date of last notice	4 January 2002

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

Direct or indirect interest	Direct and indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Ian Alistair Dennis and Caroline Dennis as trustees for the lan Dennis Superannuation Fund $-300,000$ ordinary shares
Date of change	12 August 2003
No. of securities held prior to change	300,000 Ordinary Shares - Ian Dennis Superannuation Fund 1,000,000 Options exercisable at 45 cents on or before 14 April 2005 1,000,000 Options exercisable at 61 cents on or before 30 November 2007
Class	Fully paid ordinary shares and unlisted options
Number acquired	1,000,000 ordinary shares upon exercise of 45 cent options
Number disposed	1,000,000 ordinary shares
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$450,000 on exercise of options \$700,000 on sale of shares
No. of securities held after change	300,000 Ordinary Shares - Ian Dennis Superannuation Fund 1,000,000 Unlisted Options exercisable at 61 cents on or before 30 November 2007

⁺ See chapter 19 for defined terms.

Part 2 - Change of director's interests in contracts

Detail of contract
Nature of interest
Name of registered holder
(if issued securities)
Date of change
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
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

Dated at Sydney on 14 August 2003

$+$ See chapter 19 for defined terms.