Genesis Land Development Corp.TSX: GDC

Genesis announces change to executive

/NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR

DISSEMINATION IN THE UNITED STATES/

TSX Stock Symbol: GDC

CALGARY, Feb. 5 /CNW/ - Genesis Land Development Corp. ("Genesis" or "the Company") (TSX: GDC) announces the resignation of Mr. Arthur Wong as an officer of Genesis to pursue other business opportunities. Mr. Wong has been managing the Equity Investment division of Genesis for approximately two years and will continue to do so until April 30, 2008, the anticipated date of completion of the current Limited Partnership offering. Mr. Wong will continue to serve on the Genesis Board of Directors.

Mr. Gobi Singh, President and CEO of Genesis stated, "We appreciate Mr. Wong's efforts and look forward to his continued involvement in Genesis' future development."

For further information on Genesis, please visit our website at www.genesisland.com or by e-mail genesis@genesisland.com.