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Gwinner

12/08/03 11:03 AM

#518 RE: Gwinner #517

Add'l REIC info:

REII Incorporated (Formerly BAP Acquisition Corp) was incorporated in the State of Delaware as BAP Acquisition Corp., on August 24, 1994. On March 1998 the Board of Directors voted to change the name of the Company to REII Incorporated. The Company maintains its principal offices at 1051 5th Avenue North, Naples, FL 34102-5818. Telephone (941)261-3396. Fax (941) 261-5031.


The Officers and Directors are as follows:

President/Director - Garfield H.A. Ricketts
Secretary/Treasurer/Director - Una M. Ricketts
Vice President/Director - Karen N. Ricketts
Chief Financial Officer - Una M. Ricketts

The company has 20,000,000 shares authorized with 4,655, 310 approximately outstanding.

The Transfer Agent: OTR/OXFORD TRANSFER & REGISTRAR SECURITIES AGENTS, 317 S. Alder, Suite 1120, Portland, OR 97204

The Company would entertain possible acquisition or mergers with appropriate companies, that can provide current audited financials. In any case REII INCORPORATED will be the surviving company.

The company is a reporting company, and is in accordance with all Securities and Exchange Commission rules.

The company is presently trading on the NASDAQ OTC/BB under the ticker "REIC".

Ricketts Enterprises International Inc., is a wholly owned subsidiary of REII Incorporated which owns and manages Real Estate properties in the States of Florida and Texas.


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