02 December, 2005

Canada: Russell Breweries Inc. announces first quarter results revenues increase 141% vs. previous

Revenue for the first quarter of fiscal year 2006 increased 141% to $316,909 from revenue of $131,390 in the comparable period of the previous year. The Company had a net loss for the three month period ending September 30, 2005 of $46,505 or $.01 per share.

"We met our sales targets again this quarter” said Andrew Harris, President, COO. “This is our seventh quarter of consistent growth at a rate which we believe is far ahead of anyone else in the craft segment of the beer market in Canada. We believe this growth is remarkable considering that we only supply our beer in draught at this time.”

Russell Brewing Company produces premium draught beer for fine pubs and eateries located in the greater Vancouver area and Whistler Village. Products include: Russell Cream Ale, Russell Pale Ale, Russell Honey Blonde Ale, Russell Extra Special Lager plus the two seasonal brews, Russell Lemon Ale and Russell Winter Ale. Russell Brewing Company is a wholly owned subsidiary of Russell Breweries Inc .

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