GENETIC TECHNOLOGIES LIMITED — Director's Dealing 2008

Nov 16, 2008

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 30/9/2001.

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	Dr. Mervyn Jacobson
Date of last notice	10 November 2008

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	Direct and indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Dr. Jacobson controls Mervyn Jacobson ApSwhich holds 49,000,000 sharesDr. Jacobson is a beneficiary of the JacobsonGlobal Trust, which holds 98,000,000 sharesthrough JGT ApS
Dates of change	12 November 2008 and 14 November 2008
Number of securities held prior to change	JGT ApS – 98,000,000 sharesMervyn Jacobson ApS – 49,000,000 sharesDirect personal – 4,051,074 shares
Class	Fully paid ordinary shares
Number acquired	580,826
Number disposed	Not applicable
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$34,849.56
Number of securities held after change	JGT ApS – 98,000,000 sharesMervyn Jacobson ApS – 49,000,000 sharesDirect personal – 4,631,900 shares

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002 MELWORKDOCS\11305\1092244.1

Appendix 3Y Change of Director’s Interest Notice

Nature of change

On-market trades Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

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 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: 17 November 2008

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002