Change in Audit Committee

Change in Audit Committee
Reference No CC-071213-65868

Company Name	:	REXIT BERHAD (MESDAQ Market)
Stock Name	:	REXIT
Date Announced	:	17/12/2007

Date of change	:	17/12/2007
Type of change	:	Appointment
Designation	:	Member of Audit Committee
Directorate	:	Independent & Non Executive
Name	:	Kuah Hun Liang
Age	:	46
Nationality	:	Malaysian
Qualifications	:	Mr. Kuah holds a Bachelor of Science (Hons) degree in Applied Economics from the University of East London.
Working experience and occupation	:	He has more than 23 years experience in the financial markets having started his banking career in Public Bank Berhad in 1983. Thereafter, he joined Deutsche Bank AG in 1989 where he served as a Treasurer. In 1995 he was promoted to the Head of Global Markets position as the bank embarked into Investment Banking. During his tenure as Head of Global Markets, he has extensive experience in the field of trading and sales, as well as debt and equity capital markets. In 2000 he was appointed as an executive director of Deutsche Bank (M) Bhd and promoted to be the Chief Executive Officer in 2002 and held the position up till September 2006. He was also previously a Treasurer and Director of Malaysian-German Chamber of Commerce.
Directorship of public companies (if any)	:	Putrajaya Perdana Berhad
Family relationship with any director and/or major shareholder of the listed issuer	:	Nil
Details of any interest in the securities of the listed issuer or its subsidiaries	:	Direct interest - 1,125,200 ordinary shares of RM0.10 each in Rexit Berhad (0.59%)

Composition of Audit Committee (Name and Directorate of members after change)	:	Datuk Ng Kam Chiu - Chairman, Independent Non-Executive Director Dato' Abdul Murad Bin Khalid - Member, Independent Non-Executive Director Mr. Kuah Hun Liang - Member, Independent Non-Executive Director

Remarks	: