Share Facility

Blavod Extreme Spirits PLC
29 November 2005


                                                                29 November 2005

                           Blavod Extreme Spirits plc

                            Committed Share Facility


Blavod Extreme Spirits plc ('the Company' or 'Blavod') announces that on 28th
November 2005 it entered into an agreement with the Headstart Group of funds
('Headstart') under which Headstart has agreed, when called upon by the Company,
to subscribe for new ordinary shares in the capital of the Company ('Ordinary
Shares') to the value of up to, in aggregate, £5,000,000 (the 'Facility').

The Facility is available at any time up to 3 years from the commencement date
at a subscription price for an Ordinary Share of 95% of the lowest closing bid
price of an Ordinary Share in the ten trading days following exercise by the
Company.

In consideration for making available the Facility, the Company has agreed to
pay Headstart a one-off underwriting commission of £150,000, payable by the
issue of 424,088 Ordinary Shares.  In addition, the Company has agreed to issue
warrants granting Headstart the right to subscribe for up to 1,000,000 Ordinary
Shares in three tranches each exercisable within three years of grant at a
subscription price of 38.90 pence.

Jeffrey Hopmayer, Chief Executive of Blavod added: 'We are delighted that
Headstart has provided an innovative and flexible financing structure that meets
our requirements. The additional funds will help continue the process of growing
our business.'

Enquiries:

Blavod Jeff Hopmayer                     001 615 771 9111

Brewin Dolphin Mark Brady                   0113 241 0129

Cardew Group Tim Robertson                  020 7930 0777
Catherine Maitland




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