Redex Inc.

Redex Inc.

September 24, 2007 17:22 ET

Redex Inc.: Grant of Stock Options to the Directors

MONTREAL, QUEBEC--(Marketwire - Sept. 24, 2007) - REDEX Inc. ("Redex") (TSX VENTURE:RDX)(FRANKFURT:W1F) announces that it has granted 150,000 stock options to buy class "A" shares, said ordinary shares, being 50,000 stock options to the following individuals: Mr. Eric Benoit, Mrs. Anne-Marie Dubois and Mr. Jean-Guy Dumoulin, all directors of Redex.

These options carry an exercise price of $0.50 per share and come to maturity on September 24, 2012.

REDEX... Real estate at your service!

About Redex Inc.

In prior years, Redex was a leader in real estate recovery and restructuring. Turning its attention to the future, Redex is now becoming the leader in the art of converting residential rental housing into co-ownerships. The common shares of the Corporation are currently listed on the Toronto Venture Exchange (symbol: RDX) and the Frankfurt Stock Exchange (symbol: W1F).

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release

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