VPS Vermont Pure Holdings Ltd

WATERTOWN, Conn., July 16 /PRNewswire-FirstCall/ -- Vermont Pure Holdings, Ltd. (AMEX:VPS) announced that it recently completed the purchase of 250,000 shares of its common stock under the plan announced in June 2006. The Board of Directors of the Company has approved a plan to continue to repurchase shares of its common stock in the public market up to a limit of an additional 250,000 shares. This program should not be deemed as a recommendation of the Company or its management to purchase or sell shares of the Company's stock. The Company currently has approximately 21.5 million shares of its common stock outstanding and expects to use funds provided from operations to repurchase stock. Another possible source of funds would be the Company's credit facility which provides for such purchases within certain limitations. The Company intends to enter into an issuer repurchase plan with a broker pursuant to SEC rule 10b5-1 to facilitate the repurchase of shares. Vermont Pure Holdings, LTD. is the largest independent and third largest Home and Office distributor of its kind in the United States. The Company bottles and distributes natural spring water and purified with minerals added bottled water under the Crystal Rock(R) and the Vermont Pure(R) trademarks. It markets its bottled water brands, as well as coffee and other home and office refreshment products, to customers throughout New England and New York. Vermont Pure Holdings Ltd.'s common stock trades on the American Stock Exchange under the symbol: VPS. Note: This press release contains forward looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially from those indicated by such forward looking statements, including integration of acquisitions, ability to sustain and manage growth, changing market conditions, and other risks detailed in the company's filings with the Securities and Exchange Commission. DATASOURCE: Vermont Pure Holdings, Ltd. CONTACT: Peter Baker, CEO, +1-860-945-0661, Ext. 3001, or Bruce MacDonald, CFO, +1-802-860-1126, both of Vermont Pure Holdings, Ltd. Web site: http://www.vermontpure.com/

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