REX AMERICAN RESOURCES Corp — Director's Dealing 2008

Jan 29, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: REX STORES CORP (RSC)
CIK: 0000744187
Period of Report: 2008-01-28

Reporting Person: ROSE STUART A (Director, COB, CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-01-28	Common stock $.01 par value	M	717325	$4.42	Acquired	1663384	Direct
2008-01-28	Common stock $.01 par value	M	56250	$5.11	Acquired	1719634	Direct
2008-01-28	Common stock $.01 par value	F	186919	$18.5	Disposed	1532715	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-01-28	Executive nonqualified stock option right to buy	$4.42	M	717325	Disposed	2008-10-14	Common stock $.01 par value (717325)	Direct
2008-01-28	Employee nonqualified stock option right to buy	$5.11	M	56250	Disposed	2008-06-12	Common stock $.01 par value (56250)	Direct

Footnotes

F1: Options granted 10/14/1998 and became exercisable in one-third increments on each of 12/31/2000; 12/31/2001 and 12/31/2002.

F2: Options granted 6/12/98 and became exercisable in 20% increments on each of the first five anniversaries of the grant.