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Delay In Accounts, Issue of Equity and Total Voting Rights

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31st March 2011 CANTINA AUGUSTO PLC ("Cantina" or "the Company") Delay In Accounts, Issue of Equity and Total Voting Rights Further to the announcement made on 28 February 2011, whereby the Company stated that its audited accounts would be announced at the end of March, the Company updates shareholders that the accounts will now not be announced until the end of April. In addition, the Directors of Cantina announce that they have issued 1,250,000 Ordinary Shares to Beachcroft LLP ("Beachcroft") as part of a settlement for a debt owed in respect of legal fees. Beachcroft now holds 4.46% of the Company's total issued share capital. In accordance with the FSA's Disclosure and Transparency Rules, the Board of Cantina confirms that the Company now has 28,009,699 shares of 1p each in issue carrying voting rights. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in Cantina under the FSA's Disclosure and Transparency Rules. The Directors of the issuer accept responsibility for this announcement. ENDS Contacts: Cantina Augusto plc Adriano Bernabei Tel: 01926 888 302 Rivington Street Corporate Finance Heena Karani Tel: 0207 562 3393 Heena.karani@rs-cf.com