REX AMERICAN RESOURCES Corp — Director's Dealing 2007

May 24, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: REX STORES CORP (RSC)
CIK: 0000744187
Period of Report: 2007-05-22

Reporting Person: DAVIDOFF ROBERT GEORGE (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-22	Common stock $.01 par value	M	21685	$4.61	Acquired	233676	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-05-22	Non-employee Director Stock Option Right to Buy	$4.61	M	21685	Disposed	2007-06-06	Common stock $.01 par value (21685)	Direct

Footnotes

F1: Options granted 6/6/97 and became exercisable in 20% increments on each of the first five anniversaries of the grant.