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AAMU News American Ammunition Receives Approval for Export to Peru

MIAMI--(BUSINESS WIRE)--American Ammunition, Inc. (OTCBB:AAMU) announced today that it has received U.S. State Department approval to export 2,020,000 rounds of various small arms cartridges to existing customers in Peru. The finished product is expected to be delivered in the next six months.

“It is good to see the support we are receiving from our export customers. This is a great opportunity for American Ammunition now and through the first quarter of 2007,” said Paul Goebel, National Sales and Marketing Director of American Ammunition, Inc.

About American Ammunition, Inc. – AAMU is an autonomous manufacturer of ammunition, with the technology and equipment to take advantage of the growing market. It has an excellent reputation within the industry. The ammunition industry has experienced a 28% average increase in revenues annually between 1991 through 1998, and the trend is expected to continue through the year 2006 and beyond. For further product information, please call 1-305-835-7400 or visit the website at: www.a-merc.com. For Investor Relations information, please call: 1-561-514-0194 or email info@dpmartin.com.

This release contains statements that constitute forward-looking statements. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company’s financial plans; (ii) trends affecting the Company’s financial condition or results of operations; (iii) the Company’s growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability of control, ant that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.