2008-10-14 00:12:04 -

- Russell Industries, Inc. (Pink Sheets:RUSL) The question has been asked by a few of our shareholders, "Does Russell Industries plan to do a reverse stock split in the near future?" "The Board of Directors of Russell Industries has no intention of effecting a reverse split of the Company's common stock in the foreseeable future," states Rick Berman, President and

CEO.

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.

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.

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