FAIRPORT, N.Y., April 8 /PRNewswire-FirstCall/ -- On April 7, 2004, the Board of Directors of Constellation Brands, Inc. (NYSE: STZ, ASX: CBR) declared a quarterly dividend on the Company's 5.75% Series A Mandatory Convertible Preferred Stock, payable on June 1, 2004, to shareholders of record on May 17, 2004. 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: 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 and Blackthorn.

Philippa Dworkin

Mark Maring
Both of Constellation Brands, Inc.