Real Estate Holdings Company

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					Relm Holdings Inc. to Purchase Real Estate Company
Wednesday May 07, 2008 - 11:14 AM EDT

Source: PRNewsWire News Releases
Author: Relm Holdings Inc.

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WILMINGTON, Del., May 7 /PRNewswire-FirstCall/ -- Relm Holdings Inc. (PinkSheets:RELM) announced
that it has entered into a binding letter of intent to purchase 100% of Relm Real Estate Holdings Inc. ("RRE
Holdings") in a share exchange for 150,000,000 shares of convertible preferred stock of the Company. The
purchase price may be adjusted based on the final audit report of RRE Holdings. RELM and RRE Holdings
have common shareholders resulting in a non-arms length transaction.

RRE Holdings was formed in 2005 as a real estate holding company and has received long term capital from
an affiliate which will be used to pay off short-term capital that it is receiving to fund its subsidiaries. RRE
Holdings has additional signed agreements to acquire several real estate properties using the same funding

With these acquisitions, RELM expects to spin off its other subsidiaries, (JULICO Inc., Access Partners Inc.
and Merl School Stores Inc.), as dividends to the shareholders thereby creating a pure real estate holding
company. The Binding Letter of intent to acquire RRE Holdings is attached to the Fourth Quarter Ended
December 31, 2007 financial report that is posted March 19, 2008 on

About Relm Holdings Inc.

The Relm Holdings business model going forward will focus on real estate acquisitions and management.

Safe Harbor

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information
made on the company's behalf. All statements, other than statements of historical facts which address the
company's expectations of sources of capital or which express the company's expectation for the future with
respect to financial performance or operating strategies, can be identified as forward-looking statements. Such
statements made by the company are based on knowledge of the environment in which it operates, but
because of the factors related to the purchase price adjustment and the final audited information, as well as
other factors previously listed and beyond the control of the company, which include the ability of the
company to implement its business plans, actual results may differ materially from the expectations expressed
in the forward-looking statements.

      Relm Holdings Inc.
      200 West Ninth St. Suite 304
      Wilmington, DE 19801

Source: Relm Holdings Inc.

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