GENETIC TECHNOLOGIES LIMITED — Interim / Quarterly Report 2003

Jan 28, 2003

Genetic Technologies Limited

ACN 009 212 328

Report for the Quarter Ending 31 December 2002

Gold Exploration Activities - Duketon Belt Joint Venture (21.05%)

The Duketon Belt Project is a joint venture arrangement between the Company (21.05%) and Newmont Australia (78.95% and manager) established to explore for gold on tenements totalling 123 square kilometres enclosing some 42 kilometres strike of the auriferous Duketon Belt greenstone formation located to the north of Laverton, Western Australia. The Company will not contribute any further funds to the Joint Venture and will dilute its interest accordingly.

No field work was carried out during the period.

For and on behalf of the Board

JAN DENNIS Executive Director