Redex Inc.

Redex Inc.

April 24, 2007 10:11 ET

Redex Lists its Shares on the Frankfurt Stock Exchange

MONTREAL, QUEBEC--(CCNMatthews - April 24, 2007) - As reported on March 21st 2007, Redex Inc. (TSX VENTURE:RDX) ("Redex") is pleased to report that its commons shares are now officially listed on the Frankfurt Stock Exchange ("FWB") under the symbol W1F. Common shares of Redex Inc. will continue to be traded on the TSX Venture Exchange.

Michel Piette, President of REDEX stated, "There are a large number of junior Canadian companies that have received substantial exposure by listing on the Frankfurt Exchange and we feel REDEX will garner similar coverage now that we are listed."


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About Redex Inc.

In recent years, Redex had become a leader in real estate recovery and restructuring. Turning its attention to the future, Redex is now committed to becoming the leader in the art of converting residential rental housing into co-ownerships.

This news release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results. You should independently investigate and fully understand all risks before making investment decisions.

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

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