Change in Boardroom

Reference No CC-120529-68740

Company Name	:	REXIT BERHAD (ACE Market)
Stock Name	:	REXIT
Date Announced	:	30/05/2012

Date of change	:	30/05/2012
Name	:	Dato' Abdul Murad Bin Khalid
Age	:	58
Nationality	:	Malaysian
Type of change	:	Redesignation
Previous Position	:	Non-Executive Director
New Position	:	Non-Executive Director
Directorate	:	Non Independent & Non Executive
Qualifications	:	Bachelor of Economics (Hons) University of Malaya Diploma in Accounting University of Malaya Member of Malaysian Institute of Certified Public Accountants
Working experience and occupation	:	Joined Bank Negara in 1976 as Administrative Officer. Appointed as Assistant Governor in 1994. Resigned in 1999. Joined RHB Bank Berhad in January 1999 as Executive Director. Resigned in September 1999. Currently manages family business.
Directorship of public companies (if any)	:	Advance Synergy Berhad
Family relationship with any director and/or major shareholder of the listed issuer	:	Nil
Any conflict of interests that he/she has with the listed issuer	:	Nil
Details of any interest in the securities of the listed issuer or its subsidiaries	:	Ordinary shares of RM0.10 each held in Rexit Berhad Direct : 1,800,000  Indirect : 19,416,000
Remarks
Dato' Abdul Murad is redesignated from Independent Non-Executive Director to Non-Independent Non-Executive Director. As a consequence of the redesignation, the composition of the Board of Directors falls short of the requirement of Rule 15.02 (1) of the ACE Market Listing Requirements (“Listing Requirements”). The Company is actively seeking to fill the vacancy within 3 months as provided under Rule 15.02(3) of the Listing Requirements.