Genesis Schedules Annual General Meeting



    TSX Stock Symbol: GDC

    CALGARY, June 29 /CNW/ - Genesis Land Development Corp. (TSX: GDC)
("Genesis" or "the Company") is pleased to announce that it has scheduled its
annual general meeting of shareholders for Monday, August 17, 2009 at 1:30
p.m. in Calgary, Alberta. Further details will be sent to shareholders on or
before July 21, 2009.

    Genesis Land Development Corp. is a Calgary based land development
company with an inventory of more than 35,000 future residential building
sites (single-family and multi-family) and over 300 acres of
commercial/industrial lands in Western Canada, of which more than 19,000
residential building sites and over 300 acres of commercial/industrial lands
are located in the Calgary metropolitan area.

    Certain statements in this news release could constitute forward-looking
statements. The Corporation's line of business involves risk, uncertainties
and other factors which may cause actual results, performance or achievements
of Genesis to be materially different from any future results, performance or
achievements expressed or implied by such forward looking statements. Such
factors include the number of dwelling sites that Genesis will actually
develop and sell.





For further information:

For further information: Gobi Singh, President and C.E.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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