General Announcement

Reference No CC-120131-58653

Company Name	:	REXIT BERHAD (ACE Market)
Stock Name	:	REXIT
Date Announced	:	31/01/2012

Type

:

Announcement

Subject

:

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD

Description

:

The Company has received notifications dated 31 January 2012 from Mr. Chung Hon Cheong, Mr. Si Tho Yoke Meng and Dato' Abdul Murad Bin Khalid (jointly referred to as "affected persons"), the Directors of the Company of their intention to deal in securities of the Company during the closed period pending the release by the Company of its results for the second quarter ended 31 December 2011.

The current shareholdings of the affected persons are set out in the Table appended below:-

Announcement Details/Table Section :

Name of Director

Direct Interest

Deemed Interest

No. of Shares held (%)

No. of Shares held (%)

Chung Hon Cheong

223,334 (0.12%)

71,361,227 (38.55%) *

Si Tho Yoke Meng

-

71,361,227 (38.55%) *

Dato� Abdul Murad Bin Khalid

-

2,000,000 (1.08%) #

* Deemed interested by virtue of his shareholding in Rexit Venture Sdn. Bhd. pursuant to Section 6A of the Companies Act, 1965 ("the Act").

# Deemed interested by virtue of his shareholding in Global Hartabumi Sdn. Bhd. pursuant to Section 6A of the Act.

This announcement is dated 31 January 2012.