Ascentia Wine Estates announces Sale of Buena Vista Carneros, Gary Farrell Winery Brands

Company will refocus on existing premium wines

Press Release (Healdsburg, Calif. – (April 28, 2011) – Ascentia Wine Estates today announced it has sold two of its wine brands, Buena Vista Carneros and Gary Farrell Winery. Boissett Family Estates, located in the Russian River Valley, is acquiring Buena Vista Carneros and Gary Farrell Winery has been acquired by The Vincraft Group, a Sonoma-based wine company.

“Selling these brands will allow Ascentia Wine Estates to reinvest and refocus on the core brands in our portfolio led by Geyser Peak Winery in California, Columbia Winery and Covey Run in Washington State and Ste. Chappelle in Idaho,” said Mike Kenton, Chief Executive Officer of Ascentia Wine Estates.

Ascentia Wines will continue to provide consumers with exceptional, highly-rated wines from its impressive portfolio of wines in California, Washington and Idaho.

About Ascentia Wine Estates

Founded in 2008, Ascentia Wine Estates is an ultra-premium wine company that includes quality wines sourced from some of the world’s most prestigious appellations, such as Napa Valley, Russian River Valley, Alexander Valley, Washington’s Columbia Valley and Idaho’s Snake River Valley. The company has 250 employees and is headquartered at 349 Healdsburg Avenue, Healdsburg, CA. For more information, visit: www.ascentiawineestates.com.