Geo Genesis Group Limited / Ticker: GEOP / Market: PLUS

21 October 2008

Geo Genesis Group Limited (`Geo Genesis' or the `Company')

Trading Update

Geo Genesis Group Limited (PLUS: GEOP), an emerging markets advisory and investment company, is pleased to announce an update on activities since its listing in April 2008. The Company has made progress since listing, with the development of strategic relationships and the advancement of its advisory business which is primarily focussed on China. The Company has developed relationships with amongst others, Chinese industrial conglomerate, the Hiking Group Co., Ltd, the Lin Yi City Bureau for the Promotion of Foreign Commercial Activities, oil refining additives specialist Noblestar Catalysts Co., Ltd and Arbel Group, which specialise in financial and advisory services for emerging growth, technology-based companies. However, market conditions have affected the realisation of a number of investments which will delay its projected earnings forecasts for 2008, which are now unlikely to be achieved until 2009.

The Company's forecasts were provisionally based on a number of corporate specific events occurring in the fourth quarter, being the listings of SinoVentures Holdings Ltd and Changda International Ltd.

The listing of SinoVentures Holdings Ltd, a Jersey incorporated holding company that currently holds and will make strategic investments in various early-stage companies with operations in and/or related to The People's Republic of China, in which Geo Genesis has an interest, is now anticipated to take place in 2009. The listing of Changda International Ltd, a Chinese based fertiliser and chemical company being advised by Geo Genesis remains likely to go ahead before the end of 2008 but again, this is subject to market conditions. Therefore, the projected earnings of circa USD10m previously expected by the end of 2008 is likely to be delayed to 2009.

Geo Genesis CEO Roger Bendelac said "Although we are disappointed by this delay, we remain on course to achieve our targets in 2009. We have seen extremely challenging market conditions in recent months but I believe our business model and focus on rapidly emerging markets such as China will work to our advantage. We remain focussed on building relationships, expanding our business reach and identifying opportunities. China remains an exciting place to operate and by applying our commercial and international experience to local companies, we will be able to solidify our proposition and generate increased value for shareholders."

The Directors of Geo Genesis accept responsibility for this announcement.

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For further information visit www.geogenesisgroup.com or contact:

Roger Bendelac, CEO    Geo Genesis Group Limited    Tel: +1 (917) 969 5475

John Bridges                  Orange Corporate Finance       Tel: 020 3301 3356

Hugo de Salis                 St Brides Media & Finance     Tel: 020 7236 1177

Chris Welsh                   St Brides Media & Finance      Tel: 020 7263 1177

Notes to Editors

Geo Genesis Group Limited, a Marshall Islands registered company which listed on PLUS in April 2008, operates as an investment vehicle and/or strategic adviser to companies based and/or operating in emerging markets, primarily focused in China, seeking to raise capital in the EU, Hong Kong and the United States. Its key objectives are to generate revenue and/or acquire equity positions in investee companies, advisory clients or assets in emerging markets. The Company is also establishing various sector specific private equity closed-end investment companies to invest in investee companies
directly.

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