Constellation Brands to Webcast May 29 Institutional Investor Meeting from New York City

FAIRPORT, N.Y., May 19 /PRNewswire-FirstCall/ -- Constellation Brands, Inc. (NYSE: STZ; ASX: CBR), a leading international supplier and marketer of beverage alcohol, today announced that it will webcast its May 29, 2008, institutional investor meeting, from the Hudson Theater in New York City, located in the Millennium Hotel, 145 West 44th Street at Times Square. The webcast will begin at 1:00 p.m. eastern time, and conclude at approximately 5:00 p.m.

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The meeting will include presentations by Rob Sands, president and chief executive officer; Bob Ryder, chief financial officer; Jon Moramarco, Constellation International CEO; Jose Fernandez, Constellation Wines North America CEO and Andy Berk, Constellation Beers and Spirits CEO. The presentation will cover the company's financial performance and outlook, as well as its current and future strategic, operational and financial focus.

A live audio webcast of the presentation can be accessed on the Constellation Brands Internet Web site (www.cbrands.com) by following the instructions in the "Investors" section. Following the presentation, the webcast will be available at the Constellation Brands Web site through the close of business on June 27, 2008. Financial and statistical information discussed in the presentation, and a reconciliation of any reported (GAAP) financial measures with comparable or non-GAAP financial measures, will also be available at the company's Web site under Investors by selecting Financial Information/Financial History.

Hudson Theater seating must be reserved by contacting Laura Schroth in Constellation's investor relations group at (585) 218-3716, by Friday, May 23, 2008, or by e-mailing a request to laura.schroth@cbrands.com.

About Constellation Brands

Constellation Brands, Inc. is a leading international producer and marketer of beverage alcohol in the wine, spirits and imported beer categories, with significant market presence in the U.S., Canada, U.K., Australia and New Zealand. Based in Fairport, N.Y., the company has more than 250 brands, sales in about 150 countries and operates approximately 60 facilities worldwide. It is also the largest wine producer in the world and an S&P 500 Index and Fortune 500(R) company. Major brands in the company's portfolio include Corona, Black Velvet, SVEDKA Vodka, Robert Mondavi, Clos du Bois, Ravenswood, Blackstone, Hardys, Banrock Station, Nobilo, Kim Crawford, Inniskillin, Jackson-Triggs and Arbor Mist. To learn more about the company and its products visit Constellation's Web site at www.cbrands.com.

SOURCE Constellation Brands, Inc.

Released May 19, 2008