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Middle Section, Longmao Street Area A, Waixiangxing Industrial Park, Laiyang City, Yantai, Shandong, China.
· Genesis Pharmaceuticals Announces Results for The First Quarter of Fiscal Year 2008
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Genesis Pharmaceuticals Enterprises, Inc.(US office)
Ms. Elsa Sung, Chief Financial Officer, 950 S.Pine Island Road, Suite A-150 Plantation, Florida 33324
Telephone: (954) 727-8436
Fax: (954) 727-8448

Email:General Information: genesispharm@gmail.com Investor relations: crocker.coulson@ccgir.com

Genesis Pharmaceuticals Closes $30 Million Private Note Placement
 LAIYANG, China, June 3 /Xinhua-PRNewswire-FirstCall/ -- Genesis Pharmaceuticals Enterprises, Inc. (OTC Bulletin Board: GTEC) (“Genesis” or the “Company”), a leading pharmaceutical company in the People’s Republic of China, today announced that on May 30, 2008, it successfully completed a private placement of an aggregate principal amount of $30,000,000 of its three year convertible notes (the “Notes”).
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