Genesis Minerals Limited (ASX: GMD) is pleased to announce that Raleigh Finlayson has been appointed Managing Director, effective today.

Mr Finlayson is a highly-regarded gold mining executive who has served as Managing Director of Northern Star Resources (ASX: NST) and Saracen Mineral Holdings (ASX: SAR). He led Genesis' A$20.8 million strategic funding package last September and has since been providing part-time consulting services to the Company.

As foreshadowed at the time of the funding package, Mr Finlayson replaces Michael Fowler as Managing Director. Genesis Chairman Tommy McKeith said Mr Fowler deserved huge credit for the enviable position the Company now enjoyed. 'Michael has been a highly successful Managing Director who has positioned Genesis as a significant WA gold company, creating substantial value for our shareholders in the process,'

Mr McKeith said. 'His leadership and exceptional geology skills have led to the Company establishing a Resource of more than 1.6Moz at our Ulysses project, giving us an outstanding foundation on which to continue growing. 'On behalf of the Board, I thank Michael for his huge contribution to Genesis' success and wish him all the best with his next endeavour.'

Contact:

Troy Irvin

Tel: +61 8 9322 6178

Email: investorrelations@genesisminerals.com.au

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