CONSTELLATION BRANDS, INC. — Director's Dealing 2005

Aug 2, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSTELLATION BRANDS, INC. (STZ)
CIK: 0000016918
Period of Report: 2005-06-13

Reporting Person: SMITH PAUL L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-06-13	Class A Common Stock	G	360	—	Disposed	5582	Direct
2005-07-28	Class A Common Stock	A	1430	—	Acquired	7012	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-07-28	Non-Qualified Stock Option (right to buy)	$27.96	A	2503	Acquired	2015-07-28	Class A Common Stock (2503)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$15.505	2013-09-25	Class A Common Stock (4514)	4514	Direct
Non-Qualified Stock Option (right to buy)	$18.86	2014-09-29	Class A Common Stock (3710)	3710	Direct