Long Meadow Ranch
 

Ted Hall Is Elected Chairman of The Robert Mondavi Corporation

January 9, 2004, St. Helena, CA

The Robert Mondavi Corporation announced today that its Board of Directors has unanimously elected Ted Hall as its new, non-executive chairman of the board, effective immediately.

"We are very excited to name Ted Hall as our new chairman," said Michael Mondavi, the current board chairman. "This move gives Robert Mondavi Corporation an extremely compelling combination - an outstanding board and management team inspired by the vision and passion of the Robert Mondavi family to produce and sell wines of exceptional quality. This is an exciting moment for our company"

Under the new structure announced today, Michael Mondavi will assume the title of Vice Chairman along with his brother, Timothy J. Mondavi. Michael will continue to represent the company with distributors, customers and consumers worldwide, while Tim continues in his role as Winegrower.

"Robert Mondavi Corporation is committed to fulfilling Robert's original vision of producing wines that belong in the company of the world's finest. I am honored to be part of the extended family." said Ted Hall. "This structure allows me, as a non-executive chairman, to focus on board governance and effectiveness, while continuing my personal leadership role at Long Meadow Ranch. We are fortunate to have a strong managment team and a truly passionate family at Robert Mondavi Corporation and an equally capable team at Long Meadow Ranch."

Mr. Hall is an accomplished business leader and entrepreneur with broad busines experience . In addition to being owner (with wife, Laddie, and son, Christopher) and general partner of Long Meadow Ranch and president of Long Meadow Ranch Winery, he has addressed a wide array of business issues during his career. Previously, as a leader and operating manager at the global consulting firm McKinsey & Company, Hall served as the managing partner of their San Francisco office before assuming significant worldwide responsibilities in the firm. He served as an elected member of McKinsey's Shareholders Committee, which is its board of directors. He has over 25 years of experience in both the public and private sectors working with chief executives and boards of directors of Fortune 50 companies around the world in the areas of strategy and organization. (Click to see biography.)

"We have attracted an outstanding team to Long Meadow Ranch and I will continue to work with our team and my family in a hands-on fashion to acheive our vision of producing world-class products using simple sustainable farming methods."

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Robert Mondavi Corporation

Robert Mondavi Corporation produces and markets fine wines under the following labels: Robert Mondavi Winery, Robert Mondavi Private Selection, La Famiglia, Woodbridge Winery, Byron Vineyards & Winery, Io, Arrowood Vineyards & Winery and Grand Archer by Arrowood.

The company also produces Opus One, in partnership with the Baroness Philippine de Rothschild of Château Mouton Rothschild of Bordeaux, France; Luce, Lucente, Danzante and the wines of Tenuta dell'Ornellaia, in partnership with the Marchesi de' Frescobaldi of Tuscany, Italy; and Seña, Arboleda and Caliterra, in partnership with the Eduardo Chadwick family of Viña Errázuriz in Chile. Kirralaa, the first Australian wines produced by Robert Mondavi in partnership with Southcorp and Rosemount's Oatley family, were introduced in February 2003.

In addition to the partnership wines, Robert Mondavi Imports represents the wines of Marchesi de' Frescobaldi, Attems and Viña Errázuriz in the United States.

Long Meadow Ranch

Long Meadow Ranch is an innovative organic farming operation that produces grapes, olives, beef ,eggs, and vegetables as well as ultra premium wines and olive oils, under the Long Meadow Ranch Winery, Prato Lungo, and Napa Valley Select labels.

Long Meadow Ranch.has been known as such since 1872 when it was established as an original "patent grant" ranch signed over by President Ulysses S. Grant. Having been home to a variety of uses during its long history, Long Meadow Ranch continues to grow and prosper through Ted, Laddie and Christopher Hall's stewardship. Long Meadow Ranch is an integrated farming system that relies on each part of the Ranch contributing to the health of the whole.

The Halls continue to restore and preserve the historic olive groves, as well as add new plantings of olive trees and vineyard. They produce premium wine and olive oil, organic vegetables and eggs, plus free-range, grass-fed Highland beef. Appaloosa horse breeding, along with an extensive composting operation, round out the integrated activities at the Ranch.

"Excellence through responsible farming" is the motto of Long Meadow Ranch, bolstered by the belief that world-class products can be produced using simple sustainable farming methods. Long Meadow Ranch does not use herbicides or pesticides and its products are organically grown and produced in accordance with the California Organic Foods Act of 1990.

Contact: Monty J. Sander
vox 707.253.8503
fax 707.253.8501
emax monty@longmeadowranch.com

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