AML Foods Limited
announced today that it has entered into agreements with its preference
shareholders to restructure its preference share debt. Under the terms
of the restructuring, the maturity date of the preference shares has
been extended from December 2015 to December 2022 and the interest rate
has been reduced from 8.0% to 7.25%. The new agreement is effective
January 1st, 2012.

In addition to the
restructuring of its existing debt, AML Foods Limited has issued a
further $4.28m of Class B preference shares, under the revised terms.
The funds will be used primarily to finance the Company's new franchise,
Carl's Jr...