Old Forester- Brown-Forman-Beverages Worldwide Meeting 6/12/94 - 86 proof

"Our mission is to grow our brands and our independent company so that we are recognized as the leading produced and marketer of high quality beverage alcohol brands.

We will achieve this by meeting consumer needs, adding value to our brands, managing our assets wisely, sustaining profitable alliances within the industry, encouraging the responsible use of our products, defending our industry from unreasonably government interference, pursuing acquisitions and initiatives that leas us into new areas of business, being flexible and responsible and giving our employees the freedom and resources to excel in their jobs."