Geodynamics Limited : Boardroom Radio interview with Mr Geoff Ward

GEODYNAMICS

L I M I T E D

ASX ANNOUNCEMENT 9 JANUARY 2012 Board Room Radio Interview with Geoff Ward

ABN 55 095 006 090

Geodynamics Limited (ASX: GDY) provides the opportunity to listen to an audio interview with Mr Geoff Ward, Managing Director and Chief Executive Officer. In the interview Mr Ward discusses details of the Share Purchase Plan announced 21 December 2011, as well as providing further details to the current and upcoming activities of the Company.

To listen to the interview, please copy the following details into your web browser:

http://www.brr.com.au/event/frame/90208

For further information, please check our website (www.geodynamics.com.au) or contact Mr Geoff Ward on + 61 7 3721 7500. Media and investor inquiries may also be directed to Meredith Bird, Corporate Affairs Manager on [phone].

Geoff Ward Managing Director --ends--

About Geodynamics

Geodynamics is the leading Australian geothermal exploration and development company. Geodynamics possesses some of the best geothermal resources in the world and is rapidly
developing technology to exploit the resource. Geothermal energy has the potential to be a critical
element of Australia's future power generation and Geodynamics is at the forefront of development.

About geothermal energy

Geothermal energy offers the prospect of zero carbon, base-load energy generation. "Zero carbon" means that no carbon dioxide (CO2) will be emitted when generating energy. This is different from
some other forms of 'renewable' energy, which still result in significant CO2 emissions. "Base-load"
means that power is available 24 hours a day, 7 days a week, all year round, and therefore can be used to meet energy needs at any time. This is a significant advantage compared to a number of other zero-carbon technologies that are more intermittent (such as wind, wave and solar power).
Geothermal energy produced from hot fractured rocks (also known as Engineered or Enhanced Geothermal Systems (EGS)) is generated by special high-heat-producing granites located 3km or more below the Earth's surface. The heat inside these granites is trapped by overlying rocks which act as an insulating blanket. The heat is extracted from these granites by pumping water through
fractures in the granite and bringing the hot water to surface. Geodynamics believes that energy produced using EGS technology is capable of generating base-load power at a cost that will be very competitive with other energy sources (both low carbon and otherwise).
Geodynamics is also working to exploit the lower grade, hot sedimentary aquifers at shallower depths. While hot sedimentary aquifers have lower temperatures than EGS, and hence lower power
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conversion efficiency, the shallower nature of these resources render them more readily accessible with simpler technology and therefore may be more rapidly commercialised.

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