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Brown-Forman Declares Quarterly Cash Dividend

Louisville, KY, January 22, 2008 – Brown-Forman’s Board of Directors declared a regular quarterly cash dividend of $0.34 cents per share on Class A and Class B Common Stock. 

Stockholders of record on March 5, 2008 will receive the cash dividend on
April 1, 2008.

Brown-Forman has paid regular quarterly cash dividends for 62 consecutive years.