ANDREW SMITH SAYS FAREWELL TO BROWN-FORMAN

Brown-Forman announced yesterday that Andrew Smith, president of Brown-Forman Spirits in Europe, Africa and Eurasia, informed the company that he will retire on May 31, 2006. Andrew joined the company in 1990 as vice president and marketing director for Europe, Middle East and Africa. "It is not an exaggeration to say that Andrew Smith is one of the key executive leaders responsible for leading Brown-Forman's remarkable international growth over the last 12 years," stated Brown-Forman Chief Executive Officer Paul Varga.