AHL Ameriplas Holdings Ltd

Ameriplas Holdings Ltd. (the "Company") (TSX VENTURE:AHL) advises that, further
to its news release of April 12, 2010 announcing the proposed sale (the
"Proposed Disposition") of its wholly-owned subsidiary, Ameriplas International
Inc. ("International"), it wishes to clarify the purchasers of International
will be Francois Fournier, Andre Lussier and Clement Lussier, each of whom are
current directors (the "Directors") of the Company. As consideration for
International, the Directors will pay to the Company the sum of $1.00 and take
assignment of and assume the obligation to pay current and long term liabilities
of the Company in the aggregate amount of approximately $1,879,798.


Immediately following the completion of the sale of International to the
Directors, the Company will have liabilities of approximately $144,390 and no
assets, and the current directors and officers of the Company, other than
Kenneth Morgan, will resign. It is anticipated that Raymond Fast and Marc Blythe
will be appointed by Mr. Morgan as directors of the Company and Aurora Catibog
will be appointed as the Chief Financial Officer of the Company.


In addition, Mr. Morgan will purchase from the Directors an aggregate of
14,878,653 common shares (the "Shares") of the Company, which represents
approximately 59% of the issued and outstanding shares in the capital of the
Company. As consideration for the Shares, Mr. Morgan will pay the sum of $1.00
to each Director.


Following the Proposed Disposition, the Company will no longer satisfy the Tier
2 maintenance requirements for a TSX Venture Exchange (the "Exchange") Tier 2
issuer. Accordingly, the transfer of the Company's common shares to the NEX
board of the Exchange is expected to occur on or about the closing of the
Proposed Disposition. 


In addition, further to the Company's press release of April 28, 2010, the
Exchange has advised the Company that the common shares of Company are scheduled
to be reinstated to trading on May 13, 2010.


ON BEHALF OF THE BOARD

Ken Morgan, Chief Executive Officer

Ameriplas Holdings Ltd (TSXV:AHL)
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