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.




For further information:

For further information: Frank Devcich, C.F.O., Genesis Land Development
Corp., Toll Free: (403) 265-8079, 1-800-341-7211, Fax: (403) 266-0746, E-Mail:
genesis@genesisland.com, Internet: www.genesisland.com


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