RNS Number:5649X
GeneMedix PLC
31 May 2007

FOR IMMEDIATE RELEASE                                             31st May 2007


                                 GeneMedix plc
                      Notice of Extended Accounting Period


GeneMedix plc ("the Company") the AIM listed biopharmaceutical company,
announces that, following Reliance Life Sciences Pvt Ltd's ("RLS") acquisition
of a controlling interest in the Company in February 2007, it has applied for an
extension to its accounting period to the 31st March 2007. The previous
accounting period ended on 30th November 2006, and the extension creates a 16
month accounting period. This has been done to bring the Company's accounting
period into line with RLS.

A further announcement will be issued in due course.

ENQUIRIES:

GeneMedix plc                                                 Tel: 01638 663320
Julian Attfield, Chief Executive Officer

Bankside Consultants                                         Tel: 020 7367 8888
Michael Padley/Susan Scott

ENDS



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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