BROWN FORMAN CORP — Director's Dealing 2013

May 2, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BF'B)
CIK: 0000014693
Period of Report: 2013-04-30

Reporting Person: MORREAU JANE C (SVP, Chief Production Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-04-30	Class A Common	F	989.0000	$70.6100	Disposed	2803.0000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common	52.5000	Direct
Class B Common	2535.4607	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$22.4900	2014-04-30	Class B Common (5275.0000)	5275.0000	Direct
Stock Appreciation Right	$28.5800	2015-04-30	Class B Common (4558.0000)	4558.0000	Direct
Stock Appreciation Right	$33.7600	2017-04-30	Class B Common (9292.0000)	9292.0000	Direct
Stock Appreciation Right	$35.5100	2018-04-30	Class B Common (7131.0000)	7131.0000	Direct
Stock Appreciation Right	$27.0500	2019-04-30	Class B Common (11463.0000)	11463.0000	Direct
Stock Appreciation Right	$38.4300	2020-04-30	Class B Common (12590.0000)	12590.0000	Direct
Stock Appreciation Right	$46.4000	2021-04-30	Class B Common (14365.0000)	14365.0000	Direct
Stock Appreciation Right	$58.7000	2022-04-30	Class B Common (11098.0000)	11098.0000	Direct
Stock Appreciation Right	$34.9500	2016-04-30	Class B Common (8400.0000)	8400.0000	Direct

Footnotes

F1: To satisfy tax withholding obligations associated with the July 23, 2009 grant of Class A common stock that vested on April 30, 2013, the reporting person surrendered 989 shares of Class A common stock.

F2: The closing price of BF-A ($70.61) on April 30, 2013 was used to calculate the tax withholding obligations.

F3: The number of shares acquired through Brown-Forman Corporation Employee Stock Purchase Program as of close of business on April 30, 2013.