GENESIS MALAYSIA MAJU FUND LIMITED
                                        
                              INTERIM ANNOUNCEMENT

The  Directors of Genesis Malaysia Maju Fund Limited announce unaudited  results
for the period ended 30th June, 2007 as follows:

                                           2007          2006
                                            US$           US$
                                                     
Total  net assets for Participating     107,061,851    63,108,835
Preference Shares                                   
                                                     
                                              
Net    assets   per   Participating      70.38         41.48
Preference Share                                     
                                               
                                                   
Net income per Participating Share       17.93         5.07  


COMMENT
In  the six months to June 30th, 2007, the Fund's Net Asset Value per share rose
by 34% to US$70.38.  Over the same period the Kuala Lumpur Stock Exchange (KLSE)
index  expressed  in US Dollars rose 23.6%.  The total income per  Participating
Preference  Share  was US$17.93.  The Directors do not recommend  payment  of  a
dividend.

Malaysia's   economy  has  continued  to  grow  strongly   during   2007.    The
implementation  of  the Ninth Malaysia Plan has resulted in  a  return  to  pump
priming during the period with a focus on spending with a high multiplier  which
has  boosted underlying growth.  In addition civil service pay rises have  added
to the feel good factor in the economy.

The  Malaysian stock market has been one of the best performing in  Asia  during
2007.   The strong performance may have been aided by foreign investment inflows
resulting both from Malaysia's attractions and the diversion of investment  from
Thailand  following the political turmoil in that country.  The liquidity  flows
are starting to spill over from the equity markets into property.

                              By Order of the Board

                   HSBC Securities Services (Guernsey) Limited


28 September, 2007
                       GENESIS MALAYSIA MAJU FUND LIMITED
                                        
                        INTERIM ANNOUNCEMENT (continued)

                                                APPENDIX
                                        
                                         2007             2006
                                         US$              US$
FINANCIAL HIGHLIGHTS                                  
                                                      
Total net assets                       107,061,851        63,108,835
                                       -----------       -----------   
                                                      
Dividend income                        1,460,363          1,177,357
                                                   
                                                      
Interest income                        24,887             25,023
                                      -----------        -----------       
Gross income                           1,485,250          1,202,380
                                                     
                                                      
Net income for the year                27,269,466         7,707,932
                                                   
                                                      
Net income per Participating Share     17.93              5.07
                                       ----------         -----------      
Net assets per Participating Share     70.38              41.48
                                       ----------         -----------     
STATEMENT OF CASH FLOWS                               
                                                      
Investment income received             1,093,527          767,757
                                       
                                                      
Interest received                      29,361              23,837
                                                      
Expenses paid out of revenue          (398,615)          (410,174)
                                                    
                                                      
Purchases of investments             (10,089,886)        (10,174,671)
                                                
                                                      
Sales of investments                  15,120,914          8,484,721
                                                   
                                                      
Expenses paid out of capital          (684,494)          (544,313)
                                                   
                                     -----------         -----------        
Net Cash Inflow (Outflow)            $5,070,807          $(1,852,843)
                                     -----------         -----------   




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