Castle Brands Acquires McLain & Kyne, Ltd.

Small Batch Bourbons Added to Growing Premium Portfolio

Castle Brands Inc., an emerging developer and international marketer of premium branded spirits headquartered in New York, recently announced the acquisition of McLain & Kyne, Ltd., a Louisville, Kentucky based developer and marketer of premium small batch bourbon brands. McLain & Kyne has three distinctive entries in the premium bourbon market: Jefferson’s Reserve, Jefferson’s and Sam Houston.

Castle Brands acquired 100% of the capital stock of McLain & Kyne on October 12, 2006, thereby causing McLain & Kyne to become a wholly owned subsidiary of Castle Brands. Castle Brands is adding McLain & Kyne’s three premium bourbons to its expanding portfolio. Trey Zoeller (the former President of McLain & Kyne) will join the Castle Brands’ management team and will serve as Vice President – Bourbon Operations of its US subsidiary, Castle Brands (USA) Corp. Based in Louisville, he will work with the Castle Brands’ domestic and international sales teams to promote the global growth of these products. Both Trey Zoeller and his father, Chet Zoeller, are expected to continue to serve on the board of directors of McLain & Kyne.

Mark Andrews, Chairman and CEO of Castle Brands, commented: “Premium bourbon has been a high priority target category for our Company for some time, as it offers very promising growth prospects both in the US and internationally. As with other brands that we are building, we offer a very strong route to market for upscale spirits. We are very pleased to add these three exciting new brands to our portfolio and to add Trey Zoeller to our marketing and sales team. Trey and his family should be very proud of their significant accomplishments.”

Trey Zoeller added: “We view Castle Brands as an outstanding partner going forward. We have seen the growth that other brands have experienced after they have joined forces with Castle Brands. Castle Brands provides much broader sales, distribution and marketing infrastructures than are currently available to us. We believe that this will help these brands reach their full potential. It is an excellent fit, given our common focus on high-quality premium spirits, and we look forward to working together to raise the visibility of these brands on a global basis.”