X0202 3 2006-04-05 0 0001311538 Castle Brands Inc ROX 0000898860 FROST PHILLIP MD ET AL C/O FROST ADMINISTRATIVE SERVICES 4400 BISCAYNE BLVD. MIAMI FL 33137 1 0 0 0 Common Stock 212920 D Common Stock Warrants (Right to Buy) 8.00 2004-06-09 2009-05-31 Common Stock 25000 I By The Frost Nevada Investment Trust Series A Convertible Preferred Stock Common Stock 21430 D Series C Convertible Preferred Stock Common Stock 212750 D 5% Euro denominated convertible subordinated note 2003-12-01 2006-12-01 Common Stock D The reporting person disclaims beneficial ownership of the reported securities, except to the extent of his pecuniary interest therein. The Series A Convertible Preferred Stock is convertible at any time. The Series A Convertible Preferred Stock is convertible into Castle Brands Inc. common stock on a one-for-one basis and has no expiration date. The Series C Convertible Preferred Stock is convertible at any time. The Series C Convertible Preferred Stock is convertible into Castle Brands Inc. common stock on a one-for-one basis and has no expiration date. The principal amount of the note is ?232,775. The conversion price is ?5.22. John E. Schmeltzer III, as attorney-in-fact 2006-04-05