Genworth Mortgage Insurance Australia Limited has been advised that Genworth Financial Inc. has sold its entire holding of shares in the Company. Consequently, GFI no longer owns any shares in the issued capital of the Company. As a result of the sale of GFI's holding in the Company, Rajinder Singh and Stuart Take will resign from the Board of the Company. All other current directors remain on the Board and the Board continues to meet all regulatory requirements. The Board will consider whether it will appoint additional directors to fill these vacancies in due course.