AGM Statement

Blavod Extreme Spirits PLC
20 July 2005


                                                                    20 July 2005

                           Blavod Extreme Spirits PLC

                                 AGM Statement

Colin Campbell, Chairman of Blavod Extreme Spirits PLC ('the Company' or
'Blavod'), will make the following comments on current trading at the Company's
Annual General Meeting being held today at 3.00pm.

'As we stated in our June preliminary results announcement, popularity and
therefore demand for our core brands grew rapidly during the fiscal year 2005.
The Company achieved its objectives and many of the actions taken during last
year, in particular the re-packaging of our core Players Extreme range, are now
being reflected in the Company's financial performance.  Trading in the first
quarter of the current fiscal year, versus the same quarter last year, is
showing significant case sale increases in both the UK and US, up by 38% and
206% respectively.  Additionally, margins for the total Company continue to
improve.

These increases have been primarily driven by the growing popularity of Blavod
Black Vodka and our Players Extreme range, both of which continue to benefit
from vodka's position as the fastest growing spirit on a global scale.  The
financial performance has also been augmented through the Company's multiple
partnerships; during the last year the management added 13 new wine and spirit
distribution agreements.  As a result Blavod now markets 22 wine and spirits
brands.

In addition, we have recently been able announce a series of listings with
significant US retailers who are to stock Blavod's products.  Today, the Board
is pleased to announce two further US retail listings achieved by our
distribution partners:

Firstly, Crown Wine and Spirits, the largest spirit retailer in South Florida,
will sell Blavod Black Vodka and several Players Extreme vodkas in its stores
starting this month.  Crown will also feature two of the wines that Blavod
represents in select stores.

Secondly, Big Daddy's, a renowned retailer in Southern Florida, has agreed to
sell Blavod Black Vodka and Players Extreme's three rums.  Big Daddy's already
stocks Players Extreme's vodkas.

We have made a good start to the year and we are excited about many of the
opportunities to develop our existing and future brands. The Board is pleased
with the Company's trading.'

Colin Campbell
Chairman

Enquiries:

Blavod Extreme Spirits PLC
Jeff Hopmayer, Chief Executive        020 7352 2096
Fred Read, Finance Director        001 615 771 9111

Cardew Group
Tim Robertson                         020 7930 0777
Catherine Maitland

Background on Blavod Extreme Spirits

Blavod Extreme Spirits plc (LSE:BES), established in 2003, is a London-based and
publicly traded company with U.S. subsidiary offices, Blavod Extreme Spirits
USA, Inc., headquartered  in Franklin, Tennessee.




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