Gold Medal for Sam Houston Bourbon
Very Small Batch Bourbon Wins Second Gold Medal in Two Months

New York , NY, March 22, 2007 - Castle Brands Inc. (AMEX: ROX) brand owner of Sam Houston ® Bourbon announced today that this recently acquired Very Small Batch Bourbon brand has received a Gold Medal in the San Francisco World Spirits Competition.

Castle Brands acquired Sam Houston Bourbon, Jefferson's Reserve and Jefferson's Bourbon when it acquired McLain & Kyne late last year. Sam Houston Bourbon also received a Gold Medal in BTI's International Review of Spirits, making this the second Gold medal for Sam Houston Bourbon in two months.

Trey Zoeller, Vice President – Bourbon Operations at Castle Brands, said: "When my family founded McLain & Kyne, we had one goal—to produce the very finest very small batch bourbons in America. We are extremely pleased to know that the leading experts in the industry agree that we have succeeded. As part of Castle Brands, we now have the opportunity to bring our product to a much wider audience."

 

More about Sam Houston Bourbon

Similar to the colorful Sam Houston, first president of the Republic of Texas, this bourbon is full of character. The high percentage of rye in the mash bill gives this bourbon its spicy quality. Combined with a deep char, this expressive whisky is robust yet elegant. Sam Houston Bourbon is available in select markets with a nationwide roll out in progress.
45% ABV. SRP in the US $34.99/750ml.

More about Castle Brands Inc.

Castle Brands is an emerging developer and international marketer of premium branded spirits within four growing categories of the spirits industry: vodka, rum, whiskey and liqueurs/cordials. Castle Brands' portfolio includes Boru® Vodka, Gosling's Rum®, Sea Wynde® Rum, Knappogue Castle Whiskey®, Clontarf® Irish Whiskey, Jefferson's™ and Jefferson's Reserve® Bourbon, Sam Houston® Bourbon, Celtic Crossing® Liqueur, Pallini® Limoncello™, Raspicello™ and Peachcello™ and Brady's® Irish Cream.

More about the San Francisco World Spirits Competition

The San Francisco World Spirits Competition is the first comprehensive, international judging ever held in the US on an annual basis. Founded in 2000 by Anthony Dias Blue, the Spirits Competition continues to grow each year in entrants as well as in stature and integrity within the industry. In addition to Anthony Dias Blue, its panel of judges includes among others, F. Paul Pacult, David Wondrich, Robert Plotkin, and Richard Carlton Hacker.

Safe Harbor Statement

All statements in this press release that are not historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements may be identified by words such as "believe", "intend," "expect", "may", "could", "would", "will", "should", "plan", "project", "contemplate", "anticipate", or similar statements. Because these statements reflect Castle Brands' current views concerning future events, these forward-looking statements are subject to risks and uncertainties. Castle Brands' actual results could differ materially from those anticipated in these forward-looking statements as a result of many factors, including, but not limited to, demand for its products and services, its ability to compete effectively, its ability to increase revenue from its newer products and services and the other factors described under the caption "Risk Factors" in Castle Brands' Annual Report on Form 10-K for the year ended March 31, 2006 filed with the Securities and Exchange Commission. Castle Brands undertakes no obligation to update publicly any forward-looking statements contained in this press release.

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For more information on Castle Brands, contact:
Donna M. Hibbert
Marketing & Public Relations
Castle Brands, Inc.
(800) 882-8140
dhibbert@castlebrandsinc.com

For Investor Relations, contact:
ICR
Kathleen Heaney
(203) 803-3585
ir@castlebrandsinc.com