Financial Results Reference No O&-051110-33451

Submitting Merchant Bank	:	K & N KENANGA BHD
Company Name	:	REXIT BERHAD (MESDAQ Market)
Stock Name	:	REXIT
Date Announced	:	10/11/2005

Quarterly report for the financial period ended	:	30/09/2005
Quarter	:	1
Financial Year End	:	30/06/2006
The figures	:	have not been audited

Converted attachment :



Please attach the full Quarterly Report here:



Remark:
As these consolidated financial statements are drawn up for the first time, no comparative figures are presented.
The results for the current quarter ended 30 September 2005 are based on the Rexit Group's structure that has been in existence since 30 August 2005 and are to be read in conjunction with the Prospectus dated 20 October 2005.

SUMMARY OF KEY FINANCIAL INFORMATION
30/09/2005

			INDIVIDUAL PERIOD		CUMULATIVE PERIOD
			CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
			30/09/2005	30/09/2004	30/09/2005	30/09/2004
			RM'000	RM'000	RM'000	RM'000
1		Revenue	3,062	0	3,062	0
2		Profit/(loss) before tax	1,552	0	1,552	0
3		Profit/(loss) after tax and minority interest	1,515	0	1,515	0
4		Net profit/(loss) for the period	1,515	0	1,515	0
5		Basic earnings/(loss) per shares (sen)	3.69	0.00	3.69	0.00
6		Dividend per share (sen)	0.00	0.00	0.00	0.00
					AS AT END OF CURRENT QUARTER	AS AT PRECEDING FINANCIAL YEAR END
7		Net tangible assets per share (RM)			0.1400	0.0000

Note: For full text of the above announcement, please access the Bursa Malaysia website at www.bursamalaysia.com

Remarks :

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