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

FAIRPORT, N.Y., July 28 /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 Sept. 1, 2006, to shareholders of record on Aug. 15, 2006. Payment will be $0.359375 per depositary share.

About Constellation Brands

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, Kim Crawford, Alice White, Ruffino, Kumala, Robert Mondavi Private Selection, Rex Goliath, Toasted Head, Blackstone, Ravenswood, Estancia, Franciscan Oakville Estate, Inniskillin, Jackson-Triggs, Simi, Robert Mondavi Winery, 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. -0- 07/28/2006 /CONTACT: Media Relations, Mike Martin, +1-585-218-3669, or Kevin Harwood, +1-585-218-3666, or Investor Relations, Lisa Schnorr, +1-585-218-3677, or Bob Czudak, +1-585-218-3668, all of Constellation Brands, Inc./ /Web site: http://www.cbrands.com / (STZ STZB) CO: Constellation Brands, Inc.