Stockholders Approve Proposals at Annual Meeting; Constellation Declares Cash Dividend on Its 5.75% Series A Mandatory Convertible Preferred Stock

FAIRPORT, N.Y., July 28 /PRNewswire-FirstCall/ -- Stockholders today approved all proposals before them at the Constellation Brands (NYSE: STZ, ASX: CBR) annual meeting in Rochester, N.Y. Proposals included election of directors, ratification of KPMG LLP as the company's auditor in fiscal 2006 and approval of an amendment to the company's certificate of incorporation to increase the number of authorized shares of class A common stock to 300,000,000. The Constellation Brands board of directors also declared a quarterly dividend on the Company's 5.75% Series A Mandatory Convertible Preferred Stock, payable on Sept. 1, 2005, to shareholders of record on Aug. 15, 2005. Payment will be $0.359375 per depositary share.

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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: Corona Extra, Corona Light, Pacifico, Modelo Especial, Negra Modelo, St. Pauli Girl, Tsingtao, Black Velvet, Fleischmann's, Mr. Boston, Paul Masson Grande Amber Brandy, Chi-Chi's, 99 Schnapps, Ridgemont Reserve 1792, Effen Vodka, Stowells, Blackthorn, Almaden, Arbor Mist, Vendange, Woodbridge by Robert Mondavi, Hardys, Nobilo, Alice White, Ruffino, Robert Mondavi Private Selection, Blackstone, Ravenswood, Estancia, Franciscan Oakville Estate, Simi and Robert Mondavi Winery brands. 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 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. /