Amendment No. 7
Rex Stores Corporation
Common Stock, $.01 par value
CUSIP Number 761624105
<PAGE>
CUSIP NO. 761624105
Item 1: Reporting Person - Stuart A. Rose
Item 4: United States of America
Item 5: 2,341,772
Item 6: None
Item 7: 2,341,722
Item 8: None
Item 9: 2,341,772
Item 11: 28.9%
Item 12: IN
<PAGE>
Item 4. Ownership
The following information concerning ownership of Common
Stock is given as of December 31, 1998:
(a) Amount Beneficially Owned
2,341,772 Shares of Common Stock, 914,531 of which
represents the right to acquire stock within 60 days.
(b) Percent of Class
28.9%
(c) Number of Shares as to which the Person has:
(i) Sole power to vote or to direct the vote
2,341,772 Shares of Common Stock
(ii) Shared power to vote or to direct the vote
None
(iii) Sole power to dispose or to direct the disposition
of
2,341,772 Shares of Common Stock
(iv) Shared power to dispose or to direct the
disposition of
None
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement
is true, complete and correct.
STUART A. ROSE
Stuart A. Rose
Date: February 11, 1999
