CONSTELLATION BRANDS, INC. — Director's Dealing 2008

Apr 3, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSTELLATION BRANDS, INC. (STZ/STZ.B)
CIK: 0000016918
Period of Report: 2008-04-01

Reporting Person: HETTERICH F PAUL (Executive VP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-04-01	Class A Common Stock	A	12700	—	Acquired	30805	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-04-01	Non-Qualified Stock Option (right to buy)	$19.12	A	110300	Acquired	2018-04-01	Class 1 Common Stock (110300)	Direct

Footnotes

F1: Includes shares of Class A Common Stock acquired in January 2008 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.

F2: This option becomes exercisable at the rate of 25% per year beginning on the date specified.