Blavod Wines and Spirits plc (the 'Company')
13 August 2010
Supplier Contract Negotiations
The Company announces that it has received notification from the suppliers of Cockspur Rum that they intend to invoke early release clauses in their supply agreement with Blavod unless alleged breaches in this agreement are rectified within 45 days.
The Company believes that it is not in breach of this agreement and is in negotiations to seek a resolution to this situation.
Further announcements will be made when appropriate.
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