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RG GLOBAL LIFESTYLES, INC. REPORTS INCREASED SALES AND PROFITS FOR FISCAL YEAR ENDED MARCH 31, 2005

June 30  2005

 IRVINE, Calif. , June 29th /PRNewswire-FirstCall/  -- RG Global Lifestyles, Inc. (OTC Bulletin Board: RGBL) today announced results of operations for fiscal year ended March 31, 2005.

 Revenues for the Company’s operations for the fiscal year ended March 31, 2005 increased 47% to $5,504.036, when compared to revenues of $3,743,941 reported for fiscal year ended March 31, 2004.  Cost of sales reported were $2,713,489 and $1,683,951, respectively.  Gross profits increased 35% to $2,790,547, when compared to $2,059,990 reported for the same period last year.  Operating expenses for the fiscal year ended March 31, 2005 were $1,774,701, compared to $2,164,593 for the same period last year.  Net income from operations increased 1,071% to $1,015,846, or $0.04 per share, when compared with a net loss from operations of $104,603 for the year ended March 31, 2004.  Net income after all adjustments and provision for income taxes rose to $502,413, or $0.02 per share, compared to a net loss of $104,613 or $0.01 per share in the prior year.

 Included in the operating expense is one non-cash, non-recurring item totaling $150,000 for stock compensation to officers and directors distributed in lieu of cash for services, the net effect of which was a one-time charge of $84,990 to EBITDA, after giving effect to the tax benefit of the item. In addition there exists a non-recurring cost of $102,500 for professional fees associated with the reverse merger, paid in cash by the Company, which resulted in a one-time charge of  $58,706 after giving effect to the tax benefit. Absent these two non-recurring charges, EBITDA would have been $1,162,273.  Weighted average number of common shares outstanding during the fiscal years ended 2005 and 2004, respectively, were 23,069,135 and 19,965,120. 

 RG Global Lifestyles, Inc. (formerly The L. L. Knickerbocker Co., Inc.) received clearance from the NASD for quotation of its common stock on the over-the-counter Bulletin Board in January 2005 under the symbol RGBL. Through its wholly-owned subsidiary, Amerikal Nutraceutical Corporation, the Company markets and distributes high quality, American-made dietary supplements and health and beauty-aid products in Asian countries.  For more information, visit www.rgglife.com.

  On June 8, 2005, Aquair, Inc., the Company’s wholly-owned subsidiary, signed a worldwide exclusive sales and marketing agreement with Munters Corporation, world leaders in dehumidifying technology, for rights to products producing water from air. Munters, a Swedish publicly traded corporation with sales offices in 27 countries throughout the world, will join forces with Aquair t