CONSTELLATION BRANDS INC

Ticker: STZ CUSIP: 21036P108 Class: CL A

SANDLER CAPITAL MANAGEMENT's Holding History (CIK: 0001000742)

Note: Option positions (PUT/CALL) are excluded.

Q1 2017

Shares 25,100 Value ($000) $4,068 Avg Close $135.96 Range $125.40 - $144.84

Q4 2015

Shares 100,000 Value ($000) $14,244 Avg Close $118.66 Range $107.19 - $124.95

Q1 2015

Shares 63,790 Value ($000) $7,413 Avg Close $96.33 Range $82.64 - $101.45

Q4 2014

Shares 90,000 Value ($000) $8,835 Avg Close $78.40 Range $69.09 - $86.27

Q2 2013

Shares 930,853 Value ($000) $48,516 Avg Close $43.15 Range $40.09 - $46.78

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2017	25,100	$4,068	$135.96	$125.40 - $144.84
Q4 2015	100,000	$14,244	$118.66	$107.19 - $124.95
Q1 2015	63,790	$7,413	$96.33	$82.64 - $101.45
Q4 2014	90,000	$8,835	$78.40	$69.09 - $86.27
Q2 2013	930,853	$48,516	$43.15	$40.09 - $46.78