An anonymous director reports

AEROCAST ANNOUNCES $0.20 UNIT OFFERING; FILES AMENDED INTERIM FINANCIAL STATEMENTS

Aerocast Inc. has arranged a unit offering of the company's securities at 20 cents per unit, where each unit consists of one common share and one share purchase warrant exercisable for two years at 20 cents per share.

Also, the company has filed amended financial statements for the interim periods ended Sept. 30, 2010, and Dec. 31, 2010, on SEDAR to correct a typographical error that appeared in each of the balance sheets whereby the shareholders' deficit amount inadvertently did not contain brackets to indicate a negative amount. With respect to the six-month interim period ended Sept. 30, 2010, the amended financial statements state that as at Sept. 30, 2010, the company's shareholder deficit was negative $2,841,237 instead of $2,841,237 as previously reported. With respect to the nine-month interim period ended Dec. 31, 2010, the amended financial statements state that as at Dec. 31, 2010, the company's shareholder deficit was negative $2,404,395 instead of $2,404,395 as previously reported.