Knappogue Castle Whiskey ®
Single Malt from Ireland Releases Latest Vintage

July 11, 2007, New York, NY – Castle Brands Inc. (AMEX: ROX) today announced that it has released Knappogue Castle Whiskey® 1995, the latest in its series of vintage-dated single malts from Ireland.

This sixth vintage of Knappogue Castle Irish Single Malt Whiskey was triple distilled in copper pot stills in 1995 and then aged in bourbon casks. Earlier this year, a limited number of casks were hand selected to fit Knappogue Castle's flavor profile and then lightly chill filtered. The lack of artificial coloring gives Knappogue its distinctive light, golden color. In March 2007, the Knappogue Castle 1995 casks were bottled in Ireland.

Barry Walsh, recipient of Whisky Magazine's Lifetime Achievement Award in 2005 and Malt Advocate's Industry Leader of the Year in 2003, has called Knappogue 1995 "a very refreshing and mellow malt with excellent complexity of taste".

To celebrate the 1995 vintage bottling, Castle Brands has created the Castle Collection. "Since Knappogue Castle Whiskey is bottled on a vintage basis, it is by definition a limited edition. Once a vintage is sold out, it cannot be reproduced. We have sold through all of our vintages up through 1994. Castle Brands reserved a few cases of each vintage. We will release only a limited number of Castle Collection cases of Knappogue each year," said Roseann Sessa, Vice President Marketing & Public Relations for Castle Brands. "Like a fine wine, the nose and style of each Knappogue vintage vary from year to year, making each vintage unique. The Castle Collection will give a lucky connoisseur the opportunity to own a complete set of Knappogue Castle Whiskey." This first Castle Collection six-bottle case will include one 750ml of each vintage from 1990 through 1995. Each bottle is autographed by Mark Andrews. The Castle Collection case has a suggested retail price of $500. Call Castle Brands for availability.

More about Knappogue Castle Whiskey ®

The Knappogue Castle legacy began with a man named Mark Edwin Andrews nearly half a century ago. His Knappogue Castle 1951, named after the castle in Ireland that he owned, is the oldest and rarest Irish whiskey in the world. His son, Mark Andrews, continues his father's legacy by selecting the finest Irish single malt, aging it to perfection and bottling it on a vintage basis. Knappogue Castle Whiskey 1951, SRP $1,600. Knappogue Castle Irish Single Malt Whiskey – 1995, SRP $34. Both available nationally.

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.

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.

ROX-G

# # #

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