Russell Breweries Inc
			Symbol			RB
			Shares Issued			32,500,000
			Close 2009-11-27			C$ 0.16
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Russell Breweries loses $107,299 in Q1 2010

2009-11-27 16:43 ET - News Release

Mr. Brian Harris reports

RUSSELL BREWERIES INC. REPORTS POSITIVE EBITA IN Q1 2010 FISCAL RESULTS

Russell Breweries Inc. has released earnings before interest, taxes and amortization (EBITA) of $167,695 for the first quarter of fiscal 2010, for the three-month period ending Sept. 30, 2009.

Net sales for the first quarter were $1,833,960, up $135,032 or 7.95 per cent, compared with $1,698,928 for the three months ending Sept. 30, 2008 (first-quarter 2009).

The gross margin for first-quarter 2010 was up $85,144 or 9.10 per cent to $1,021,109 compared with $935,965 for first-quarter 2009. Overall gross margin percentage stayed at 55 per cent compared with the same period a year ago.

Selling, general and administration expense for first-quarter 2010 decreased $49,876,or 5.52 per cent to $853,414 compared with $903,290 for first-quarter 2009. The decreases were, freight and administrative labour decrease of $26,526 to $228,429 from $254,955, and management fees decrease of $20,684 to $35,203 from $55,887.

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