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Expected Splits
Sunday, April 08, 2001

                                       Date Expected
Symbol         Company                 To Announce

STZ            Constellation Brands       04/12

STZ - Constellation Brands $73.50 (+1.75)

Constellation Brands has been climbing to new highs over the past month. The stock has not split its shares since back in 1992 when it split 3:2 at around the $23 level. With the stock currently trading over $70/share, we feel a split is long overdue. We are therefore expecting a 2:1 split announcement to coincide with Constellation's earnings release date of 4/12.


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