SOURCE: Nexia Holdings, Inc.

Nexia Holdings, Inc.

June 19, 2009 12:20 ET

Nexia Reports Record Volume

SALT LAKE CITY, UT--(Marketwire - June 19, 2009) - Nexia Holdings, Inc. (PINKSHEETS: NXHD), a diversified holding company, has traded over 4,400,000,000 shares of its common stock since last Friday, June 12, 2009.

Nexia's CEO Richard Surber stated that, "By the end of the trading day it is very possible that the number of shares traded will surpass the number of shares deposited at CEDE & Co." As of June 16, 2009, the issued and outstanding shares of common stock of Nexia were as follows:

  Total Shareholders of Record:                 32
                  Total Shares:     10,062,688,673
              Total Restricted:      1,538,975,522
            Total Unrestricted:      8,523,713,151
            Total Certificates:                133

There are an estimated 3,000 or more active shareholders that hold their shares in street name. Only 6,800,000,000 shares are in depository trust and immediately tradable. The remaining shares are restricted and/or in certificate form. The total authorized shares of common stock are 100 billion. On June 18, 2009, NXHD was the #1 volume trader in Pink Sheets!

Nexia will provide updated information to Pink Sheets as soon as it has the ability to download information up to its web site, which is expected sometime next week.

About Nexia Holdings Inc.:

Nexia Holdings Inc. (PINKSHEETS: NXHD), headquartered in Salt Lake City, Utah, is a diversified holdings company with operations in real estate and health & beauty. Nexia owns a majority interest in Landis Salons, Inc., http://www.landissalons.com, hair salons built around the world-class AVEDA™ product line. For more information, visit http://www.nexiaholdings.com.

Nexia strongly encourages the public to read the above information in conjunction with its Form 10-K for December 31, 2007 and the subsequent quarter of 2008. Nexia's disclosures can be viewed at www.nexiaholdings.com and www.sec.gov. Nexia ceased reporting with SEC in April 2009.