LXRRF Luxor Industrial Corp (CE)

Luxor Industrial Corporation (Pink Sheets:LXRRF) (TSX-V:LRL) wishes to provide an update on corporate activities. Luxor's sales for the 6 month period ending June 30, 2012 were $2,446,362 compared to $1,250,196 for the same period in 2011, an increase of 96 percent. The net profit for 6 month period ending June 30, 2012 was $211,280 ($ .01 per share) compared to a net loss of $10,557 for the same period in 2011. Luxor has 21,395,319 shares issued and outstanding. EBITA for the 6 month period ending June 30, 2012 was $273,517.

Sales for the 3 month period ending June 30, 2012 were $1,240,096 compared to $1,206,266 for the 3 month period ending March 31, 2012. The net profit for 3 month period ending June 30, 2012 was $51,018 compared to a net profit of $150,262 for the 3 month period ending March 31, 2012. The reduced profit in the second quarter compared to the first quarter was due mainly to annual audit expenses and expenses in manufacturing changes incurred in the second quarter.

Luxor's customers are pleased with the Company's service, quality and innovation. Luxor continues to anticipate significant sales growth based on progress made with new and existing products and will keep shareholders advised of further developments.

About Luxor Industrial Corporation

Luxor manufactures and markets its patented IBS 2000® and patent pending IBS3000™ engineered bridging. Both enable a floor to act as a system with unparalleled scale of gain in stiffness and rigidity. Luxor has spent years analyzing wood-frame floor construction, establishing itself as a leading authority in wood floor performance engineering.

Luxor also manufactures other building components, architectural and utility wood products including specialty products for the natural resource sector. It distributes laminated beams and offers various custom wood cutting services. Luxor offers coating services, which protect wood against mold, decay, insects and fire.

Luxor continues to receive increased orders from customers for specialty wood products used in exploration by oil and gas companies. Soaring oil prices and a perpetually increasing global demand for energy have created an environment for the oil & gas exploration & production (E&P) industry to increase its spending. Growing global energy demand is putting pressure on supply capacity and capital is being expended to find more oil & gas and to boost production. The economical production of natural gas from shale rock has opened up huge additional areas for exploration.

Luxor's customers are pleased with the Company's service, quality and innovation. Luxor continues to anticipate significant sales growth based on progress made with new and existing products and will keep shareholders advised of further developments.

About Luxor Industrial Corporation

Luxor manufactures and markets its patented IBS 2000® and patent pending IBS3000™ engineered bridging. Both enable a floor to act as a system with unparalleled scale of gain in stiffness and rigidity. Luxor has spent years analyzing wood-frame floor construction, establishing itself as a leading authority in wood floor performance engineering.

Luxor also manufactures other building components, architectural and utility wood products including specialty products for the natural resource sector. It distributes laminated beams and offers various custom wood cutting services. Luxor offers coating services, which protect wood against mold, decay, insects and fire.

The TSX Venture Exchange has neither approved nor disapproved this announcement

CONTACT: Luxor Industrial Corporation
         Terry Lashman
         (800) 665-2454
         (604) 684-7929
         John Taylor
         (877) 496-4355
         (604) 864-9601
         www.luxorcorp.com