Constellation to Report Third Quarter Earnings January 6, 2003 and Host Conference Call January 7, 2003

FAIRPORT, N.Y., Dec. 23 /PRNewswire-FirstCall/ -- Constellation Brands, Inc. (NYSE: STZ and STZ.B) announced that it will be reporting financial results for the Third Quarter ended November 30, 2002, on Monday, January 6, 2003 after market hours. A conference call to discuss the Third Quarter financial results and outlook will be hosted by Richard Sands, Chairman and CEO and Tom Summer, Executive Vice President and CFO on Tuesday, January 7, 2003 at 11:00 a.m. Eastern. The news media is invited to listen-only on this call.

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The conference call can be accessed by dialing 412-858-4600 beginning at 10:50 a.m. (Eastern). A live listen-only web cast of the conference call is available on the Internet at the Company's web site, http://www.cbrands.com under Investor Information. If you are unable to participate in the conference call, there will be a replay available by dialing 412-858-1440 from approximately 1:00 p.m. (Eastern) on Tuesday, January 7, 2003 through 12:00 a.m. (Eastern) on Wednesday, January 15.

Digital Playback Instructions - Courtesy of ChorusCall
1.) Dial 412-858-1440.
2.) Enter '960' when prompted for your account number followed by the #
sign.
3.) Please press '1' to play recorded conference.
4.) Please enter '304297' 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 producer and marketer of beverage alcohol brands, with a broad portfolio of wines, spirits and imported beers. The Company is the largest single-source supplier of these products in the United States, and both a major producer and independent drinks wholesaler in the United Kingdom. The company also operates a US based joint venture with the largest Australian Wine Company - BRL Hardy. Well-known brands in Constellation's portfolio include: Corona Extra, Pacifico, St. Pauli Girl, Black Velvet, Fleischmann's, Estancia, Simi, Ravenswood, Blackstone, Banrock Station, Alice White, Talus, Vendange, Almaden, Arbor Mist, Stowells of Chelsea and Blackthorn.

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SOURCE Constellation Brands, Inc.

-0- 12/23/2002

/CONTACT: Emilio Ruocco, +1-585-218-3667, or Mark Maring, +1-585-218-3668, for Constellation Brands, Inc./

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