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Results From Extraordinary General Meeting

MELBOURNE, AUSTRALIA -- (Marketwired) -- 04/17/14 -- Genetic Technologies Limited (ASX: GTG) (NASDAQ: GENE) advises that an Extraordinary General Meeting of shareholders was held at 10.00 am today (Melbourne time).

Shareholders were asked to consider and, if thought fit to pass the special resolution to approve the selective capital reduction by GTG and the disposal by GTG of shares in ImmunAid Limited.

The resolution was put before the shareholders and was passed on a show of hands.

The proxy votes received in respect of the Resolution are set out on the attached page.

About Genetic Technologies Limited
Genetic Technologies is an established diagnostics company with more than 20 years of experience in commercializing genetic testing, non-coding DNA and product patenting. The Company has operations in Australia and the U.S. and is dual-listed on the ASX (Code: GTG) and NASDAQ (Ticker: GENE). Genetic Technologies is focused on the commercialization of its patent portfolio through an active out-licensing program and the global expansion of its oncology and cancer management diagnostics assets. Its U.S. subsidiary, Phenogen Sciences Inc., offers novel predictive testing and assessment tools to help physicians proactively manage women's health. Phenogen's lead product, BREVAGen™, is a first in class, clinically validated risk assessment test for non-familial breast cancer.

For more information, please visit http://www.gtglabs.com and http://www.phenogensciences.com

Safe Harbor Statement
Any statements in this press release that relate to the Company's expectations are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act. The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees. Since this information may involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results. Additional risks associated with Genetic Technologies' business can be found in its periodic filings with the SEC.

Proxy results for Extraordinary General Meeting

------------------------- ---------- ------- ------- ----------- -----------
Description of Resolution     For    Against Abstain  In favour   In favour
                                                     of Chairman  of others
------------------------- ---------- ------- ------- ----------- -----------
 Approval of the
selective capital
reduction by GTG and the
disposal by GTG of shares
in ImmunAid Limited
  Numbers of votes        74,272,578 865,494  77,056   1,087,479     639,810
received
  Percentage of votes         96.53%   1.12%   0.10%       1.41%       0.83%
cast
------------------------- ---------- ------- ------- ----------- -----------

Notes: The Company currently has a total of 664,769,002 ordinary shares on issue and 2,889 registered shareholders.

FOR FURTHER INFORMATION PLEASE CONTACT
Alison Mew
Chief Executive Officer
Genetic Technologies Limited
Phone: +61 3 8412 7000

Candice Knoll
Blueprint Life Science Group
+1 (415) 375 3340, Ext. 105

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