Kerry Associates Announces that Amelot Holding has Purchased Bio-Diesel Processing Equipment to Start Production

Kerry Associates is pleased to announce that Amelot
Holdings (Pink Sheets: AMHD) has ordered Bio-Diesel processing
equipment to start production. The processing equipment is expected to
be delivered within 30 to 45 days, assembled and producing within 30
days from delivery. Amelot expects to produce over 1 million gallons
in 2006.
   "We are extremely excited that this initial purchase has been
formalized. This investment will enable us to create a division within
the holding company dedicated to the development of alternative fuels
and bio-diesel production. Having already established a solid
infrastructure allows us to be generating substantial revenue and
profits from this facility within the next 90 days," commented, Aziz
Hirji, President of Amelot Holdings, Inc.

   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.

   For more information on Amelot Holdings Inc. Please Visit:
www.amelotholdings.com

   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.