X0202 4/A 2005-07-01 2004-05-28 0 0000799426 NEW WORLD BRANDS INC NWBD:OB 0001292199 Maple Leaf Distillers, Inc. 251 SAULTEAUX CRESCENT WINNIPEG A2 R3J 3G7 MANITOBA, CANADA 0 0 1 0 Common Stock, par value $.01 per share 5500000 D Warrants for Purchase of Shares of Common Stock 0.50 2005-07-01 2005-07-01 5 P 0 750000 A 2004-05-19 2009-05-19 Common Stock 750000 1500000 D These securities were incorrectly described as "Stock Options" in prior filings. The specific terms were correctly described. The Warrants were transferred to Maple Leaf Distillers, Inc. in consideration for MLD agreeing to transfer to International Importers, Inc., NWB's subsidiary, certain intellectual property and the exclusive right to exploit that intellectual property in the United States. Form 3 originally filed incorrectly indicated that MLD owned [options] to purchase 7,500,000 shares of Common Stock. MLD owned warrants to purchase 750,000 shares of Common Stock and, with this transaction, now owns warrants to purchase 1,500,000 shares of Common Stock. /s/ Costas Ataliotis, President 2005-07-07