Rex International Says Lime Petroleum AS Entered Agreements

About this update from Rex International Holding Ltd.

Rex International Holding Ltd SGX:5WH:LIME PETROLEUM AS ENTERED INTO AGREEMENTS FOR A NEW SUPER SENIOR BOND ISSUENEW BOND ISSUE INTENDED TO ENABLE LPA TO SATISFY OVERDUE CASH CALL OBLIGATIONSJOHN D'ABO, EXECUTIVE CHAIRMAN OF REX, STEPPED DOWN AS CHAIRMAN OF UNIT'S BOARDPROCEEDS OF NEW BOND ISSUE WILL BE HELD IN ESCROW WITH NORDIC TRUSTEENEW LPH BOARD CONSISTS OF KRISTEN JAKOBSEN AS CHAIR

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