B-F to Sell Fetzer to Vina Concha y Toro

Dear Client: Brown-Forman just announced that upon the completion of its strategic review of its Hopland, CA wine assets, it has agreed to sell Fetzer Vineyards to Chilean wine producer Vina Concha y Toro S.A. for $238 million. Included in the sale of Fetzer Vineyards are the Fetzer winery, bottling facility, and vineyards, as well as the Fetzer brand and other Hopland-based wines, including Bonterra, Little Black Dress, Jekel, Five Rivers, Bel Arbor, Coldwater Creek, and Sanctuary. Also included in