TORONTO, ONTARIO, June 3, 2008 - Newlook Industries Corp. (TSX Venture: NLI), ("Newlook") is pleased to announce that May 2008 unaudited consolidated revenues were approximately CAD$3,460,000.

Retail segment revenues were approximately $1,676,000 and commercial segment revenues were $1,784,000 in 2008.

John G. Simmonds, Newlook CEO stated; "The Retail Council of Canada recently published that Saskatchewan retail sales led Canada with 13% growth, double the growth of the year before. With approximately half of our revenues arising from Saskatchewan we're well positioned to profit from this growth."

Newlook Industries Corp., headquartered in Toronto, Ontario is a publicly traded company listed on the TSX Venture Exchange. For more information please call (416) 477-5656 or refer to www.sedar.com.

The management of the company, who take full responsibility for its content, prepared this press release. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This press release contains forward-looking statements relating to future events and results that are based on Newlook's current expectations. These statements involve risks and uncertainties including, without limitation, Newlook's ability to successfully develop and market its products, consumer acceptance of such products, competitive pressures relating to price reductions, new product introductions by third parties, technological innovations, and overall market conditions. Consequently, actual events and results in future periods may differ materially from those currently expected.

For more information contact:

John G. Simmonds
Chief Executive Officer
Newlook Industries Corp
Telephone: (416) 477-5656 x301