TORONTO, ONTARIO, August 5, 2008 - Newlook Industries Corp. (TSX Venture: NLI), ("Newlook") is pleased to announce that July 2008 unaudited consolidated revenues were approximately $3,727,000, up 26% compared to $2,957,000 during July 2007.

Retail segment revenues grew to $1,801,000 in the month, representing growth of 24% over $1,449,000 in July 2007.  Commercial segment revenues grew by 28% from $1,508,000 in the prior year to $1,926,000 in July 2008.

John G. Simmonds, Newlook CEO stated, "We are once again very pleased with the significant organic growth over the last year as business continues to be robust." he added, "Our retail and commercial revenues started to gain momentum about one year ago.  I'm pleased to see that we have continued to generate strong growth over what were increased sales last summer.  The markets we operate in Western Canada continue to remain economically vibrant."

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