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Castle Brands Appoints West Coast Regional Manager John Milstead Joins Importer's Sales Team November 15, New York, NY - Castle Brands Inc. (AMEX: ROX), an emerging international premium spirits company, today announced the appointment of John Milstead to the position of West Coast Regional Manager for Castle Brands (USA) Corp. Milstead has over 25 years of experience in the beverage alcohol industry, most recently as Regional Sales Manager for White Rock Distilleries. Additionally, he has extensive experience in the California market and strong relationships with Castle Brands' existing distributors. Milstead will report to Kelley Spillane, Executive Vice President - Sales for Castle Brands (USA) Corp. Milstead's territory will cover California, Nevada, Arizona, and New Mexico. He will be supported by Charles Sciullo, Business Manager, as well as by Boru® Vodka's Brand Ambassador program. Speaking of the appointment, Kelley Spillane commented: "John's knowledge of the chain-driven California market, as well as his keen business sense, will continue to fuel our growth in this crucial market. His unique knowledge of the market will allow him to begin making an immediate contribution in his new role with Castle Brands. We are excited to have him on board and look forward to quickly gaining traction in the region." 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. 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 This press release includes statements of our expectations, intentions, plans and beliefs that constitute "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are intended to come within the safe harbor protection provided by those sections. These statements, which involve risks and uncertainties, related to the discussion of our business strategies and our expectations concerning future operations, margins, profitability, liquidity and capital resources and to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable. We have used words such as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "thinks," "estimates," "seeks," "expects," "predicts," "could," "projects," "potential" and other similar terms and phrases, including references to assumptions, in this press release to identify forward looking statements. These forward looking statements are made based on expectations and beliefs concerning future events affecting us and are subject to uncertainties, risks and factors relating to our operations and business environments, all of which are difficult to predict and many of which are beyond our control, that could cause our actual results to differ materially from those matters expressed or implied by these forward looking statements. More information about these and otherfactors are described under the caption "Risk Factors" in Castle Brands' Annual Report on Form 10-K for the year ended March 31, 2007 filed with the Securities and Exchange Commission. When considering these forward looking statements, you should keep in mind the cautionary statements in this press release and the documents incorporated by reference. New risks and uncertainties arise from time to time, and we cannot predict those events or how they may affect us. We assume no obligation to update any forward looking statements after the date of this press release as a result of new information, future events or developments, except as required by the federal securities laws. ROX-G # # #
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