BB40 Genesis Maly.Pf

    COMPANY ANNOUNCEMENT
                                        
                       Genesis Malaysia Maju Fund Limited
                                        
                             Ten Largest Investments
                                        
                                        
4th January, 2005

The  Directors  of the Genesis Malaysia Maju Fund Limited announce  that  the
following were the ten largest holdings as at 31st December, 2004:

Transmile Group
Wah Seong Corporation
Telekom Malaysia
OYL Industries
Southern Bank
Manulife Insurance
IOI Corporation
British American Tobacco Berhad
YTL Cement
Magnum Corporation

There were no other holdings of more than 5% of the portfolio.


Enquiries :


Genesis Investment Management LLP       Charles Zorab
                                        Phone + 44 (0) 20 7201 7200

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