Constellation Declares Cash Dividend on Its 5.75% Series A Mandatory Convertible Preferred Stock

FAIRPORT, N.Y., April 7 /PRNewswire-FirstCall/ -- The Board of Directors of Constellation Brands, Inc. (NYSE: STZ, ASX: CBR) has approved and declared a quarterly dividend on the Company's 5.75% Series A Mandatory Convertible Preferred Stock, payable on June 1, 2006, to shareholders of record on May 15, 2006. Payment will be $0.359375 per depositary share.

Constellation Brands, Inc. is a leading international producer and marketer of beverage alcohol brands with a broad portfolio across the wine, spirits and imported beer categories. Well-known brands in Constellation's portfolio include: Almaden, Arbor Mist, Vendange, Woodbridge by Robert Mondavi, Hardys, Nobilo, Alice White, Ruffino, Robert Mondavi Private Selection, Blackstone, Ravenswood, Estancia, Franciscan Oakville Estate, Simi, Robert Mondavi Winery brands, Stowells, Blackthorn, Black Velvet, Mr. Boston, Fleischmann's, Paul Masson Grande Amber Brandy, Chi-Chi's, 99 Schnapps, Ridgemont Reserve 1792, Effen Vodka, Corona Extra, Corona Light, Pacifico, Modelo Especial, Negra Modelo, St. Pauli Girl, Tsingtao. For additional information about Constellation Brands, as well as its product portfolio, visit the company's Web site at http://www.cbrands.com.

SOURCE Constellation Brands, Inc. /CONTACT: Media: Mike Martin, +1-585-218-3669, or Kevin Harwood, +1-585-218-3666; or Investors: Lisa Schnorr, +1-585-218-3677, or Bob Czudak, +1-585-218-3668, all for Constellation Brands, Inc./ /Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20040119/STZLOGO AP Archive: http://photoarchive.ap.org PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840/ /Web site: http://www.cbrands.com / (STZ STZB)