Kerry Associates Inc. Meets with State and City Economic Development Divisions on Behalf of Amelot Alternative Energy, Inc.

Kerry Associates Inc. is pleased to announce that it has
represented Amelot Alternative Energy, Inc., a wholly-owned subsidiary
of Amelot Holdings Inc. (Pink Sheets: AMHD), in a meeting with Ricia
Velasco from the State of New Hampshire, Division of Economic
Development and Jay Minkarah, Esq., Economic Development Director of
Nashua, N.H. This meeting was a direct result of Kerry Associates
attending the Renewable Energy Conference in New England that took
place on July 25 in Manchester, NH.
   "We are eager to bring Amelot's Bio-Diesel to the City of Nashua.
We would like to see Nashua's Public Transit, Fire and Rescue, Public
Works and School Buses all using an environmentally friendly fuel of
the future. We feel this is a step in the right direction for the
State of New Hampshire and its citizens." stated Eric Cousens,
President of Kerry Associates Inc.

   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. http://www.kerryassociates.com

   About Amelot Holdings, Inc.

   Amelot Holdings, Inc. is a diversified holding company focused on
Alternative Energy and Bio-fuels.

   http://www.amelotholdings.com

   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.