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NYBob

03/07/08 2:50 PM

#34464 RE: NYBob #34220

Russell Industries Inc (RUSL) $ 0.08
Volume: 10.6 k
11:56 AM EST Mar 7, 2008 -

Russell Industries Completes Reverse Split
3/3/2008
HOUSTON, Mar 03, 2008 (BUSINESS WIRE) --

Russell Industries, Inc. -
(Pink Sheets:RUSL), announces that the 1 to 5,000 reverse
stock split approved by the Board of Directors on
January 29, 2008 becomes effective today.

In addition, the company's symbol has been changed from
"OTC.PK RSDS" to "OTC.PK RUSL".

In a November 6, 2007 press release the Company had reported
the possibility of such corporate action being taken
in the first quarter of 2008.
Fractional Shares will be rounded up and shares are payable
upon surrender of old certificates to
the Company's transfer agent, PACWEST Transfer, LLC.

About Russell Industries

Russell Industries,
a Nevada Corporation, was incorporated in 1997.
The Company is a holding company that will possibly
acquire assets in the energy, mining, healthcare
and financial industries.
The Company owns a majority ownership interest in
254 Unpatented Uranium Mining Claims
in San Juan County, Utah as of March 3, 2008.

Safe Harbor

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. Investors should be aware that the Company raises equity capital by selling its stock as per SEC Regulation D, Rule 504 Exemption to Accredited Investors. One result to date of this method of financing is a large amount of issued and outstanding free trading common stock in the market.

SOURCE: Russell Industries, Inc.

Russell Industries, Inc.
Rick Berman,
+1 832-631-6099
Fax: +1 832-631-6274
irrsds@aol.com


http://www.ru308.com/
Imo. Tia.

God Bless


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