General Announcement
Reference No O&-070830-54631

Submitting Merchant Bank	:	KENANGA INVESTMENT BANK BERHAD
Company Name	:	REXIT BERHAD (MESDAQ Market)
Stock Name	:	REXIT
Date Announced	:	30/08/2007


Type	:	Announcement
Subject	:	REXIT BERHAD ("REXIT" OR "COMPANY") PUBLIC SHAREHOLDING SPREAD PURSUANT TO RULE 8.15(1) OF THE REVAMPED LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") FOR THE MESDAQ MARKET ("MMLR") ("REQUIRED PUBLIC SHAREHOLDING SPREAD")

Contents :

We refer to our announcements in relation to the above subject matter.

As at the date of this announcement, Rexit has yet to meet the Required Public Shareholding Spread. Accordingly, Rexit will endeavour to undertake measures to improve the liquidity of Rexit's Shares and increase the number of public shareholders.

This announcement is dated 30 August 2007.