News

NEWLOOK ANNOUNCES PRIVATE PLACEMENT

TORONTO, ONTARIO — July 23, 2009 — Newlook Industries Corp. ("Newlook") (TSXV: NLI) is pleased to announce that it is conducting a private placement of common shares (the "Private Placement"), which if fully subscribed, will generate proceeds of $275,000.

The Private Placement is being offered with a subscription of 1,100,000 common shares at a price of $0.25 per share. The Private Placement is a non-brokered private placement and is subject to regulatory approval.

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. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts 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

Or

Gary N. Hokkanen
Chief Financial Officer
Telephone: (416) 477-5656 x303