13 May 2005
CARLISLE HOLDINGS LIMITED ANNOUNCES CHANGE OF ADVISER

Belize City, Belize, May 13, 2005 -- Carlisle Holdings Limited (NASDAQ: CLHL, London: CLH) (“Carlisle”) is pleased to announce the appointment of Cenkos Securities Limited as its Nominated Adviser with immediate effect.

For further information contact:

Cenkos Securities                         Carlisle Group

UK +44 (0)20 7397 8920                UK +44 (0)20 7248 6700