Offer from Augostura Ltd to all shareholders in Lascelles deMercado & Co Ltd

Angostura Limited’s Offer to the shareholders of Lascelles deMercado & Co. Limited, which opened on December 18th 2007 was formally closed on Monday, January 28th at 4:30p.m. While it has taken some time to fully check through and reconcile acceptances, Angostura Limited is now in a position to report that the acceptance level amounted to 68,636,724 ordinary stock units. Payments to accepting shareholders will be made on Monday, February 11th 2008 at 4:30 p.m. The Gross payment will therefore amount to US $308,865,258.00.