Amelot Holdings, Inc. Announces Completion of Barbados Refining Facility

Amelot Oil Barbados Ltd. a wholly owned subsidiary of Amelot Oil, Inc. is pleased to announce that the Biomatic 400, an important component of the Company’s biodiesel refining facilities, has been cleared by Barbados customs and is at its new home at the Future Centre in Saint Thomas, Barbados, marking the completion of the Group’s Barbados refining facility.

The Company is pleased to announce that on Friday, August 8th, 2008 the first production trial of its Barbados refining facility ended in the successful production of approximately one hundred gallons of refined biodiesel.

“We are very pleased to have arrived at this milestone,” said Handel Callender, General Manager of Amelot Oil Barbados. “The successful completion and testing of our Barbados refining facility means that in time, the Company will be able to increase output of refined biodiesel to a level which will one day satisfy this small island’s demand for affordable, clean energy,” Mr. Callender continued.

“The successful launch of our Barbados refining and production facilities means that the Company can continue with the business of securing feedstock — in this case, used cooking oil — and pursuing relationships with potential consumers of Amelot biodiesel,” said Aziz Hirji, Chief Executive of Amelot Holdings, Inc., (Other OTC:AMHD.PK) the parent company of Amelot Oil, Inc.

Hirji said additional staff have been hired at the Company’s refining facility and he expects regular production at the facility to begin in September, 2008.

Amelot Holdings, Inc. (http://www.amelotholdings.com), a publicly traded company, is a diversified holding company that has identified Biodiesel as a $20 billion emerging market. Amelot plans to have a significant market share in growing low cost feedstocks to supply the growing demand for biodiesel, to reduce energy dependency of fossil fuels, to help reduce the U.S. dependency on foreign oil supplies and reduce the impact of energy on our environment.