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Brown-Forman Sec Filings Note Changes in Trust Advisors

Louisville, KY, March 16, 2006 — Brown-Forman Corporation announced that SEC filings are being made to reflect changes in trust advisors who vote Brown-Forman Class A shares held in certain Brown family trusts. These advisor changes are part of a planned evolution of these long-standing trusts. The beneficiaries of these trusts remain the same and none of the reporting trusts have sold any Brown-Forman stock in connection with the advisor changes.

The Brown family collectively controls a majority of the voting shares of Brown-Forman. The company has traditionally assisted its principal shareholders in reporting their holdings to the SEC (with information provided by them).

Brown-Forman Corporation is a diversified producer and marketer of fine quality consumer products, including Jack Daniel’s, Southern Comfort, Finlandia Vodka, Canadian Mist, Fetzer and Bolla Wines, Korbel California Champagnes, and Hartmann Luggage.