REE: Trading Result (Veil Holdings Ltd.)

Refrigeration Electrical Engineering Corporation (REE: REE CORP.) disclosed the trading result of inside shareholder as follows:

* Stock symbol: REE      

* Trader: Veil Holdings Limited

* Affiliated person: Mr. Dominic Scriven

* Position of Mr. Dominic Scriven in Veil Holdings Limited: Director

* Position of Mr. Dominic Scriven in REE CORP.: Member of the Board of Directors

* Owning volume before trading: 5,839,902 shares

* Sold volume: 1,909,640 shares

* Owning volume after trading: 3,930,262 shares

* Purpose: To restructure investment portfolio

* Trading period: From 06/18/2009 to 08/14/2009

hose

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