Constellation to Report First Quarter Earnings And Host Conference Call July 1, 2003

FAIRPORT, N.Y., June 17 /PRNewswire-FirstCall/ -- Constellation Brands, Inc. (NYSE: STZ; ASX: CBR) announced that it will be reporting financial results for the First Quarter ended May 31, 2003, on Tuesday, July 1, 2003 immediately after market hours. A conference call to discuss the financial results and outlook will be hosted by Richard Sands, Chairman and CEO and Tom Summer, Executive Vice President and CFO on Tuesday, July 1, 2003 at 5:00 p.m. (Eastern). The news media is invited to listen-only on this call.

(Logo: http://www.newscom.com/cgi-bin/prnh/20000918/NYM167LOGO )

The conference call can be accessed by dialing +412-858-4600 beginning at 4:50 p.m. (Eastern). A live listen-only web cast of the conference call is available on the Internet at the Company's web site, www.cbrands.com under Investor Information. Financial and statistical information discussed in the conference call and a reconciliation of any reported (GAAP) financial measures with comparable or non-GAAP financial measures will also be available when the call begins on the Company's website under Investors by selecting Financial Information/Financial Reports.

If you are unable to participate in the conference call, there will be a replay available by dialing +412-858-1440 from approximately 7:00 p.m. (Eastern) on Tuesday, July 1, 2003 through 9:00 a.m. (Eastern) on Wednesday, July 16.

     Digital Playback Instructions - Courtesy of ChorusCall
     1. Dial +412-858-1440.
     2. Enter '629' when prompted for your account number followed by the
        # sign.
     3. Please press '1' to play recorded conference.
     4. Please enter '319532' when prompted to enter the conference number
        followed by the # sign.
     5. Please clearly state your name and company name when prompted to do so
        followed by any key.
     6. Please press '1' to begin the conference playback.

Note: You may press '0' at anytime during the conference to hear the Detailed Instructions Menu. You may press '2' at anytime during the conference to stop the playback entirely. You will be placed in the Introduction Menu.

About Constellation

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. The Company is the largest multi-category supplier of beverage alcohol in the United States; a leading producer and exporter of wine from Australia and New Zealand; and both a major producer and independent drinks wholesaler in the United Kingdom. Well-known brands in Constellation's portfolio include: Corona Extra, Pacifico, St. Pauli Girl, Black Velvet, Fleischmann's, Mr. Boston, Estancia, Simi, Ravenswood, Blackstone, Banrock Station, Hardys, Nobilo, Alice White, Vendange, Almaden, Arbor Mist, Stowells of Chelsea and Blackthorn.

SOURCE  Constellation Brands, Inc.
    -0-                             06/17/2003
    /CONTACT:  Investor Relations, Mark Maring, +1-585-218-3668, Public
Relations, Ginny Clark, +1-585-218-3669, both of Constellation Brands, Inc./
    /Photo:  http://www.newscom.com/cgi-bin/prnh/20000918/NYM167LOGO /
    /Web site:  http://www.cbrands.com /
    (STZ)

CO:  Constellation Brands, Inc.
ST:  New York
IN:  FOD
SU:  CCA

MT 
-- NYTU122 --
8687 06/17/2003 12:48 EDT http://www.prnewswire.com