SUREFIRE RESOURCES NL — Director's Dealing 2008

Jan 1, 2008

ABN 48 083 274 024 Level 1, 248 Hay Street, SUBIACO WA 6008 Telephone 61 8 9381 6922 Facsimile 61 8 9381 6060

2nd January 2008

Manager Announcements Company Announcements Office ASX Limited 20 Bridge Street Sydney NSW 2000

Dear Sir/Madam,

LAPSE OF OPTIONS

The Company wishes to advise that the following (unlisted) options were not exercised by the due date and have therefore lapsed.

1,700,000 exercisable at $0.04 each and expiring 31 December 2007

Yours faithfully, GENESIS BIOMEDICAL LIMITED

David Semmens Company Secretary

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: GENESIS BIOMEDICAL LIMITED

ABN: 48 083 274 024

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	MR. DONALD VALENTINO
Date of last notice	27th DECEMBER 2007

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.	Don Valentino is a Director of :JAYVEE INVESTMENTS PTY LTD
Date of change	31 DECEMBER 2007
No. of securities held prior to change
DON VALENTINO	1,700,000 Unlisted Options exercisable at 4centseachonorbefore31December 20071,700,000 Unlisted Options exercisable at 4cents each on or before 30 June20091,700,000 Unlisted Options exercisable at 4centseachonorbefore31December 2010
JAYVEE INVESTMENTS PTY LTD	4,798,267 Fully Paid Ordinary Shares4,498,267 Listed Options exercisable at 3cents on or before 30 November2010

Class	Unlisted Options exercisable at 4 cents eachon or before 31 December 2007
Number acquired
Number disposed / lapsed	1,700,000
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation
No. of securities held after change
DON VALENTINO	1,700,000 Unlisted Options exercisable at 4cents each on or before 30 June20091,700,000 Unlisted Options exercisable at 4centseachonorbefore31December 2010
JAYVEE INVESTMENTS PTY LTD	7,398,267 Fully Paid Ordinary Shares5,798,267 Listed Options exercisable at 3cents each on or before 30 November 2010
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Lapseof1,700,000UnlistedOptionsexercisable at 4 cents each on or before 31December 2007

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	Nil
Nature of interest
Name of registered holder(if issued securities)
Date of change
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired

+ See chapter 19 for defined terms.

Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation
Interest after change