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CONSTELLATION BRANDS, INC. Director's Dealing 2004

Oct 26, 2004

30189_dirs_2004-10-25_44d3b501-0980-4aad-b7eb-4ff5fc0bfeca.zip

Director's Dealing

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SEC Form 3/A — Form 3/A

Issuer: CHALONE WINE GROUP LTD (CHLN)
CIK: 0000742685
Period of Report: 2004-05-16

Reporting Person: CONSTELLATION BRANDS, INC. (See note (3).)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 5556103 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
9% Convertible Subordinated Promissory Notes $9.4207 2004-08-21 Common Stock (1033363) Indirect

Footnotes

F1: The Reporting Person disclaims beneficial ownership of such securities, except to the extent, if any, of the Reporting Person's pecuniary interest therein. See note (3).

F2: Based on information provided by another person (the "Other Person"). The Reporting Person has no responsibility for the accuracy or completeness of such information.

F3: The Reporting Person does not own any securities of the issuer, but may be deemed to be a member of a group, within the meaning of Rule 13d-5 under the Securities Exchange Act of 1934, which may be deemed to beneficially own the reported securities. The securities reported in column 2 of Table I and in column 3 of Table II are owned by the Other Person who may be deemed to be a member of such group. The Reporting Person has a contractual right to receive a portion of the proceeds of the sale of such securities reported in column 2 of Table I and in column 3 of Table II under certain circumstances. Neither the filing of this Form 3 nor any of the information contained herein shall be construed as an admission that the Reporting Person has formed or is a member of any such group, or beneficially owns or has a pecuniary interest in any such securities. See note (1).

F4: Based upon information provided by the Other Person, $11,000,000 aggregate principal amount of 9% convertible subordinated promissory notes of the issuer were automatically convertible on August 21, 2004 unless converted earlier at the option of the Reporting Person upon a change of control of the issuer.