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Michael Crain Properties, Vineyard And Estate Brokers, have successfully negotiated the purchase of a 23-acre vineyard in the highly sought after Dry Creek Valley Appellation for Theorem Vineyards.


Great Northwest Wine has learned that the owners of Corliss Estate, Tranche Cellars and the Secret Squirrel brand have purchased San Juan Vineyards from Swanberg. News of the sale is expected to be announced later today and become effective Feb. 1.


The deal cements a partnership with winemaker Jon Meuret, who will make Syrah from the Walla Walla Valley's The Rocks District


Northwest at the center of recent winery and vineyard sales activity


Willamette Valley Vineyards has deepened its relationship with Jon Meuret by purchasing the winemaker's acclaimed Maison Bleue Family Winery and dedicating 15 acres of future vineyard in The Rocks District of Milton-Freewater to the brand, with plans for nearby tasting room near Milton-Freewater, Ore.


Drew Bledsoe has acquired its fourth estate property, Lefore Vineyard. Lefore is located in Walla Walla's new sub-appellation, The Rocks District of Milton-Freewater. Doubleback has sourced grapes by contract from Lefore vineyard, which was planted in the late 1990's, since 2010 and considers its Cabernet Sauvignon a key blending component in its flagship wine.


The agreement with brand founder Howard Rossbach includes the 50,000-case-a-year pinot noir and pinot gris brand, made near Rickreall in Oregon's Willamette Valley premium winegrowing region for those hot-selling varietal wines. Also included are long-term leases for fruit from two certified-sustainable vineyards: 90-acre Firesteed Estate and nearby 202-acre Erratic Oaks


New owner will honor contracts with clients, many of whom are top Napa Valley producers


Company Buying Cypress Ranch and Palisades Vineyard in Napa Valley - The combined 642 acres are located in Napa Valley and consist of approximately 258 acres of vineyard


Jackson Family Wines has appointed key staff to its new Willamette Valley winery in Oregon, one year after it bought to 220-acre vineyard.


Jackson Family Wines announced it has purchased additional property in Oregon's Willamette Valley. The new vineyard sites complement acquisitions made earlier this year, and support the company's plans to produce high-end wines, particularly Pinot Noir, in the region.


Wine giant founded by Jess Jackson is purchasing three vineyards, expanding La Crema, say sources close to deal


Saralee's Vineyard provides Pinot Noir and Chardonnay for Acacia, Arrowood and others.


In yet another sign of increasing demand for quality wine grapes, Gallo Vineyards has quietly purchased approximately 377 acres of vineyard land in Monterey County for a record $18 million


FOR IMMEDIATE RELEASE Contacts: Tamara D. Fischer Claire Koeneman Chief Financial Officer Financial Relations Board 415.721.0950 phone 312.640.6745 phone San Rafael, California, August 9, 2007

Vintage Wine Trust Inc., a real estate investment trust focused exclusively on the wine and vineyard industry, today announced it has made its first investment outside of California, with the purchase of the Farmer Road Vineyard in Oregon. The property, located in the Willamette Valley AVA, was purchased for $1.27 million.

The Farmer Road Vineyard consists of 45 total acres, 37.5 acres of which are planted vineyard, and 5 acres which will be planted in Spring 2008. The property is leased to A to Z Wineworks ("A to Z"), the largest wine producer in Oregon. The vineyard is planted predominantly to Pinot Noir and Chardonnay which A to Z will use in its own brands including Rex Hill. The initial lease term runs through December 31, 2016, with three five-year options to extend the lease.

"Oregon has gained prominence in recent years as a premium wine growing region and is an appropriate place for us to make our first investment outside of California," said Joseph W. Ciatti, Chairman and Chief Executive Officer of Vintage Wine Trust. "Farmer Road Vineyard has an excellent reputation for quality grapes, and we believe this transaction is a good foundation for our further investments in Oregon.

"The acquisition of Farmer Road Vineyard expands our exposure to strong grape varietals in today's market, particularly Pinot Noir. In addition, it extends our model of three-party transactions and partnering with established industry veterans as lease tenants. A to Z's principals Bill Hatcher, former general manager of Domaine Drouhin, and Sam Tannahill, former wine maker at Archery Summit, are well respected in the Oregon wine industry for their management, winemaking and wine growing experience, qualities which will serve Vintage Wine Trust as it expands into the Willamette Valley AVA region," said Mr. Ciatti. "Although this is a small first investment in Oregon, we see it as just the beginning of our expansion to markets outside of California."

"A to Z is pleased to partner with Vintage Wine Trust as a source of capital for us to secure a long-term supply of quality grapes. As the demand for our wines increase, we can now farm additional vineyards in our marketplace," added Mr. Tannahill.

About Vintage Wine Trust

Vintage Wine Trust is the first REIT in the United States to focus solely on vineyards, wineries and other wine related assets. Vintage Wine Trust's strategy of acquiring properties and net leasing them to the sellers or third parties allows wineries and grape growers the potential to increase profitability and returns, by providing access to capital previously locked into the real estate, while permitting them to operationally control the property. Vintage Wine Trust currently owns 13 properties, including of two winery facilities with vineyards, with a total crush capacity of 11,000 tons, and 11 vineyards, totaling 5,329 net vine acres, located in various wine regions in California and Oregon. For more information, please visit Vintage Wine Trust's website at Safe Harbor Statement This communication contains various "forward-looking statements." Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as "believes," "expects," "may," "will," "would," "could," "should," "seeks," "approximately," "intends," "plans," "projects," "estimates" or "anticipates" or the negative of these words and phrases or similar words or phrases. Statements regarding the following subjects may be impacted by a number of risks and uncertainties including: our business and investment strategy; our projected results of operations; completion of any pending acquisitions; our ability to manage our anticipated growth; our ability to obtain future financing arrangements; our estimates relating to, and our ability to make, future distributions; our understanding of our competition and our ability to compete effectively; market and industry trends in the United States, and particularly in the State of California; projected capital and operating expenditures; state of the wine industry, of which vineyards are a critical part; availability and creditworthiness of current and prospective tenants; interest rates; lease rates and terms; and our qualification as a real estate investment trust. The forward-looking statements are based on our beliefs, assumptions and expectations of our future performance, taking into account all information currently available to us. These beliefs, assumptions and expectations are subject to risks and uncertainties and can change as a result of many possible events or factors, not all of which are known to us. If a change occurs, our business, financial condition, liquidity and results of operations may vary materially from those expressed in our forward-looking statements.


Vintage Wine Trust Inc., a real estate investment trust focused exclusively on the wine and vineyard industry, today announced that it has acquired the 320-acre Matchbook Vineyard in Yolo County, California from majority-owners by John and Lane Giguere.


Press Release - Vintage Wine Trust Inc., a real estate investment trust focused exclusively on the wine and vineyard industry, today announced that it has acquired the Sweetwater Vineyard from Silverado Premium Properties, LLC. The seller, Silverado Sweetwater Vineyards, LLC, will lease the vineyard for seven years, with terms that include three five-year renewal options and an annual option to repurchase the vineyard beginning in the seventh year of the lease term and continuing through 2021.

The 1,145-acre Monterey County, California property was purchased for $30.1 million, and is adjacent to the company's Terra Ventosa vineyard. The 903 planted acres include Cabernet Sauvignon, Pinot Noir, Pinot Gris, Chardonnay and Syrah. The current mix of highly marketable varieties is the result of significant grafting completed over the last two years. A majority of the crop is sold under long term contracts to established premium wine producers.

Commenting on the acquisition, Joseph W. Ciatti, Vintage Wine Trust's chairman and chief executive officer stated, "We are very excited about this transaction, particularly as it demonstrates our continued ability to attract the premier owners and operators in the wine industry such as Silverado as tenants. We are very pleased to add this vineyard to our portfolio, given the superior location coupled with the astute enhancements recently made to the property. With the closing of this transaction, we have deployed over $140 million of capital into growing our asset base over the last sixteen months."

Commenting on the transaction, Mark Couchman, President of Silverado Premium Properties stated, "We appreciate the liquidity that Vintage Wine Trust has provided, allowing us to re-direct our investment in this large vineyard towards additional opportunities."

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