1. 12 th Global Study on current trends in the international Wine & Spirits markets and outlook to 2012.

2. Grape Wine Grape Wine for Brandy Wine Production + 7.24 % Million 9l Cases Forecast 3 177.778 3 022.133 155.644 2 963.333 2 778.567 184.767 3 000.000 2 828.044 171.956 3 055.556 2 910.700 144.856 2003 2007 2012 2008 + 1.78% - 6.93 % + 1.24 % + 3.83 % + 7.45 % + 4.00 %

3. Still Light Wine Sparkling Wine Million 9l Cases World Wine Consumption + 14.07 % Forecast 2 469.022 2 302.500 166.522 2 621.178 2 428.300 192.878 2 656.944 2 461.256 195.689 2003 2007 2012 2008 + 5.46% + 15.83 % + 6.16 % + 5.54 % + 11.84 % + 6.00 % 2 816.444 2 597.578 218.867

4. Top Ten Still Light* Wine Consuming Countries 68.56 % * Below 15% of Alcohol Million 9l Cases Rank Country 2003 2007 2012 Evol. 2003/2007 Evol. 2008/2012 1 Italy 295.444 299.000 299.889 1.20 % 0.51 % 2 France 323.444 295.333 283.222 -8.69 % -2.91 % 3 USA 238.778 274.111 313.889 14.80 % 11.90 % 4 Germany 237.333 247.556 254.000 4.31 % 2.05 % 5 U.K. 121.011 136.044 144.344 12.42 % 5.95 % 6 Argentina 134.222 120.111 123.000 -10.51 % 1.71 % 7 Spain 112.889 102.667 92.222 -9.06 % -5.85 % 8 Russian Federation 43.889 69.889 93.889 59.24 % 24.48 % 9 China 39.111 63.667 99.000 62.78 % 36.66 % 10 Romania 54.556 56.444 60.222 3.46 % 5.49 % Total Top 10 1 497.938 1 664.778 1 763.667 11.14 % 5.01 % Total World 2 302.500 2 428.300 2 597.578 5.46 % 5.54 %

5. World Wine Consumption (by color) Red Wine White Wine Rosé Wine Million 9l Cases Still Light Forecast 2003 2007 2012 1 318.622 1 021.333 257.622 2 597.578 + 7.42 % + 1.49 % + 12.96 % + 5.46 % + 5.12 % + 6.95 % + 17.68 % + 6.97 % 1 167.789 940.922 193.789 2 302.500 1 254.456 ( 51.7 % ) 954.933 ( 39.3 % ) 218.911 ( 9 % ) 2 428.300

6. U.K Wine Consumption (per Capita in litres) Still light wine Sparkling wine Legal drinking age population still light wine and sparkling wine 38 24.6 25.4 26.1 26.7 27.2 27.1 27.3 27.6 28 28.3 23.3 1.3 2003 2007 2012 2004 2005 2006 2008 2009 2010 2011 24 24.7 25.2 25.6 25.4 25.6 25.8 26.1 26.3 1.4 1.4 1.5 1.6 1.7 1.7 1.8 1.9 2 Forecast + 10.6 % + 4.4 %

7. World Wine Consumption (in Value) Billion USD Sorted on 2007 * * Retail sales including all taxes. Forecast 2003 2007 2012 2008 Still Light Wine Sparkling Wine 166.117 142.317 23.800 133.991 117.212 16.779 150.498 128.342 22.156 + 23.98 % 152.510 129.900 22.610 + 9.50% + 32.05 % + 12.32 % + 9.56 % + 5.26 % + 8.92 %

8. Top 10 Consumers of Imported Still Light Wine Million 9l Cases Rank Country 2003 2007 2012 Evol. 2003/2007 Evol. 2008/2012 % of Consumption 1 U.K 120.800 135.800 143.978 12.42 % 5.90 % 99.80 % 2 Germany 131.289 135.200 133.567 2.98 % 1.95 % 54.61 % 3 USA 59.967 77.578 93.967 29.37 % 18.23 % 28.30 % 4 Russian Fed. 11.189 24.433 44.211 118.37 % 52.80 % 34.90 % 5 Netherlands 37.056 40.867 42.789 10.28 % 4.11 % 100.00 % 6 Canada 19.911 26.278 36.733 31.98 % 29.44 % 72.20 % 7 Bel. / Lux. 26.989 28.011 28.967 3.79 % 2.76 % 95.10 % 8 Sweden 16.778 18.433 22.067 9.87 % 16.69 % 100.00 % 9 Switzerland 18.978 19.100 19.456 0.64 % 1.10 % 61.40 % 10 Denmark 17.456 17.978 19.133 2.99 % 3.61 % 100.00 %

9. Top Ten Exporters Million 9l Cases Still Light Rank Country 2003 2007 Evol. 2003/2007 1 Italy 120.800 170.056 40.77 % 2 France 152.822 151.367 -0.95 % 3 Spain 120.067 146.233 21.79 % 4 Australia 57.078 87.244 52.85 % 5 Chile 42.044 67.778 61.21 % 6 USA 35.067 41.722 18.98 % 7 Argentina 20.400 39.967 95.92 % 8 Portugal 25.689 38.356 49.31 % 9 South Africa 26.389 34.389 30.32 % 10 Germany 27.733 21.333 -23.08 %

10. Global Spirits Market

11. Total World Consumption of Spirits Million 9l Cases Forecast 2003 2007 2012 2008 2 238.794 + 5.25 % 2 127.097 2 224.123 + 0.36 % + 4.56 % 2 229.242

12. 33 Spirit Consumption by Category Million 9l Cases Spirits 2003 2007 2012 Evol. 2003/2007 Evol. 2008/2012 Local Spirits 1164.890 1194.020 1141.770 2.50 % -4.11 % Vodka 480.770 515.060 543.510 7.13 % 5.29 % Brandy 111.010 125.470 138.690 13.03 % 7.54 % Rum 111.670 119.490 133.490 7.00 % 9.29 % Scotch Whisky 74.890 83.960 89.600 12.11 % 4.98 % Liqueurs 73.110 76.930 78.000 5.23 % 2.01 % Gin 59.220 48.100 43.700 -18.78 % -6.96 % Bourbon 25.990 28.100 28.180 8.12 % 0.61 % Tequila 16.140 21.800 27.810 35.07 % 20.97 % Cognac / Armagnac 9.180 10.940 12.300 19.17 % 9.53 % Total 2126.870 2223.870 2237.050 4.56 % 0.36 %

13. The U.K. Market

14. U.K Wine Consumption Still light wine Sparkling wine Million 9l Cases + 21.39 % Forecast 155.078 144.344 10.733 127.756 121.011 6.744 144.589 136.044 8.544 145.111 136.222 8.889 2003 2007 2012 2008 + 12.42% + 26.69 % + 13.18 % + 5.96 % + 20.75 % + 6.87 %

15. Red White Rosé Million 9l Cases Still Light Wine U.K Wine Consumption (by Colour) Forecast 2003 2007 2012 2008 144.344 18.456 68.622 57.267 + 19.28 % +13.32 % + 5.08 % + 64.16 % + 12.42 % - 4.57 % + 7.71 % + 47.64 % + 5.96 % 121.011 58.667 7.378 54.967 136.044 61.644 12.111 62.289 136.222 63.711 12.500 60.011

16. Billion USD Sorted on 2007 - Still Light Wine U.K Wine Consumption (in Value) Forecast 6.972 5.755 6.474 + 12.49 % + 7.25 % + 21.15 % 2003 2007 2012 2008 6.501

17. Top 5 suppliers of the UK market Million 9l Cases Still Light and Sparkling 42 Country 2003 2007 Evol. 2003/2007 Australia 24.600 31.233 26.96 % France 31.511 25.722 -18.37 % USA 13.689 18.433 34.66 % Italy 12.089 16.000 32.35 % Spain 9.789 12.289 25.54 %

18. Spirits Consumption in the UK Million of 9l Cases Forecast 2003 2007 2012 2008 29.727 + 9.99 % 27.026 28.421 + 5.86 % + 5.16 % 28.082

19. Spirits Consumption in the UK (by category) Million of 9l Cases Spirits 2003 2007 2012 Evol. 2003/2007 Evol. 2007/2012 Vodka 6.081 8.045 9.735 32.30 % 21.01 % Scotch Whisky 7.776 6.897 6.419 -11.30 % -6.93 % Liqueurs 4.018 4.155 4.418 3.41 % 6.33 % Rum 2.35 2.391 2.274 1.74 % -4.89 % Gin 2.365 2.321 2.486 -1.86 % 7.11 % Brandy 1.545 1.319 1.192 -14.63 % -9.63 % Bourbon 0.729 1.151 1.207 57.89 % 4.87 % Cognac / Armagnac 0.84 0.839 0.714 -0.12 % -14.90 % Tequila 0.112 0.12 0.139 7.14 % 15.83 % Other Spirits 1.21 1.183 1.143 -2.23 % -3.38 % Total 27.026 28.421 29.727 5.16 % 4.60 %