Kerry Associates Inc. Completes Initial Bio Diesel Distribution and Feed Supply Network on Behalf of Amelot Holdings

BOSTON--April 17, 2006--Kerry Associates is pleased to announce that it has completed an initial Distribution and Feed Supply Network on behalf of Amelot Holdings, Inc (Pink Sheets: AMHD). The network consists of several Bio Diesel Distributors and Feed Suppliers through out the United States. Aziz Hirji, President of Amelot Holdings stated, "Completion of this initial network will further help us in our efforts to construct a 5 million gallon per year Bio-Diesel production facility. Since signing the consulting agreement with Kerry Associates we have made substantial progress in our Oil, Gas and Bio Diesel efforts."

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About Amelot Holdings, Inc.

Amelot Holdings, Inc. is a diversified holding company focused on acquiring under-valued, high-growth firms and properties in the natural resource industry.

About Kerry Associates, Inc.

Kerry Associates Inc. is a business consulting firm helping companies develop and expand into emerging markets while strategically executing their objectives.

Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing and access funds from our existing financing arrangements that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.