BEAM LAUNCHES INVESTOR ROAD SHOW IN ADVANCE OF BECOMING PURE-PLAY SPIRITS COMPANY

Beam, the spirits business of Fortune Brands, Inc. (NYSE: FO), today began its equity road show to present the company’s value proposition to current and prospective investors. As previously announced, upon the expected separation of Fortune Brands’ businesses, Beam will become an independent pure-play spirits company and will trade on the New York Stock Exchange under the ticker symbol BEAM effective October 4, 2011.

BEAM LAUNCHES INVESTOR ROAD SHOW IN ADVANCE OF BECOMING PURE-PLAY SPIRITS COMPANY

  • Company Primed to Accelerate Profitable Long-Term Growth
  • Establishes Long-Term Goal to Grow Diluted EPS at a High-Single-Digit Rate
  • Reaffirms 2011 Outlook

Deerfield, Illinois, September 7, 2011 – Beam, the spirits business of Fortune Brands, Inc. (NYSE: FO), today began its equity road show to present the company’s value proposition to current and prospective investors. As previously announced, upon the expected separation of Fortune Brands’ businesses, Beam will become an independent pure-play spirits company and will trade on the New York Stock Exchange under the ticker symbol BEAM effective October 4, 2011. The road show presentation is publicly available under “Webcasts and Presentations” in the Investor Relations section of the Fortune Brands web site, www.fortunebrands.com.

In the presentation, the company establishes its long-term growth goals, including outperforming its global spirits market expected to grow at a low-to-mid-single-digit rate, growing operating income faster than sales, and delivering high-single-digit growth in EPS and improved returns.

“Our message to investors is simple,” said Matt Shattock, president and chief executive officer of Beam. “Beam is primed to accelerate profitable growth and deliver long-term value for shareholders.”

“Through a series of deliberate strategic choices, we’ve reshaped the Beam portfolio, we’ve invested to strengthen our routes to market and accelerate the growth of our brands, and we’ve put together a team built to win,” Shattock continued. “We like where we are on Beam’s journey. With our unique combination of scale with agility, and our proven strategy, we’ll be sharply focused on outperforming and accelerating profitable growth in 2012 and beyond, with operating income growing ahead of sales and EPS growing even faster. We’ve generated excellent momentum in the global spirits marketplace, we’re confident in our prospects to create even greater value, and we see a bright and prosperous future as a leader in the dynamic spirits industry.”

The company also reaffirmed its target for high-single-digit growth in adjusted pro forma diluted EPS for 2011 against a base of $1.92 in 2010. In addition, it expects to continue to pay an annual dividend of 76 cents.

The road show will consist of Beam management meetings with investors, prospective investors and securities analysts throughout the month of September. It will include a presentation to the Barclay’s Consumer Conference that will begin at approximately 3:00 p.m. ET on Thursday, September 8, 2011. A webcast of the presentation will be available under “Webcasts and Presentations” in the Investor Relations section of the Fortune Brands web site, www.fortunebrands.com.

ABOUT BEAM INC.:

Beam is one of the world’s largest premium spirits companies, encompassing a portfolio of nearly 100 brands (including 10 of the world’s top-100 premium spirits brands), more than a dozen global operating and commercial facilities and 3,200 employees worldwide. Consumers from all corners of the globe call for our brands, including Jim Beam® Bourbon, Sauza® Tequila, Canadian Club® Whisky, Courvoisier® Cognac, Teacher's® Scotch Whisky, Maker's Mark® Bourbon, Laphroaig® Scotch Whisky, Cruzan® Rum, Hornitos ™ Tequila, EFFEN® Vodka, Larios® Gin, Whisky DYC®, DeKuyper® Cordials, Knob Creek® Bourbon and Skinnygirl® Cocktails. Growth through innovation is a key strategy at Beam Global, with Red Stag by Jim Beam® Bourbon, Cruzan® 9 Spiced Rum, Maker’s 46™ Bourbon and Courvoisier® 12 Cognac and Courvoisier® 21 Cognac all being launched as new products over the past two years. Beam is part of Fortune Brands, Inc. (NYSE:FO), a leading consumer brands company.

For more information on Beam Global, its brands, and its commitment to social responsibility, visit www.beamglobal.com and www.drinksmart.com.