Constellation Brands Inc. Statement on Sands Family Stock and Stock Option Transactions

VICTOR, N.Y., Oct. 23, 2015 - Richard Sands, chairman, and Robert Sands, president and chief executive officer of Constellation Brands, Inc. (NYSE: STZ and STZ.B), intend to exercise approximately 2 million options and sell the resulting shares in order to facilitate financial, philanthropic and estate planning activities. In addition, other related parties have sold approximately 200,000 shares of Class A Common Stock. The stock options are expected to be exercised during the remainder of the company's third quarter fiscal 2016. The exercising of stock options does not impact the Sands Family reported holdings and therefore, following completion of these transactions, the Sands family and related entities will continue to beneficially hold more than 30 million shares and continue to be Constellation's largest shareholder.


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