(Source: Business Wire)

Fortune Brands, Inc. (NYSE: FO), the company behind leading consumer
brands including Jim Beam, Titleist and Moen, today reaffirmed its
full-year 2009 targets for both earnings and free cash flow.
In remarks prepared for delivery today at the JP Morgan Diversified
Industries Conference, Fortune Brands chairman and chief executive
officer Bruce Carbonari said, "While consumers remain very cautious and
the U.S. housing market remains challenged, we're encouraged by
improvements in key economic measures, including consumer confidence and
sales of new and existing homes. Additionally, our third quarter order
patterns are tracking to our expectations and we're continuing to gain
share in key product categories. Taken together, these factors enhance
our confidence that we'll achieve our full-year earnings target for
diluted EPS before charges/gains to be in the range of $2.00 to $2.30."
The company also reaffirmed its expectation to generate free cash flow
for 2009 in the range of $400 million after dividends and net capital
expenditures.
Fortune Brands plans to report results for the third quarter of 2009 on
October 23rd.
About Fortune Brands
Fortune Brands, Inc. is a leading consumer brands company. Its operating
companies have premier brands and leading market positions in distilled
spirits, home and hardware, and golf products. Beam Global Spirits &
Wine, Inc. is the company's premium spirits business. Major spirits
brands include Jim Beam and Maker's Mark bourbon, Sauza tequila,
Canadian Club whisky, Courvoisier cognac, Cruzan rum, Teacher's and
Laphroaig Scotch, EFFEN vodka and DeKuyper cordials. Home and hardware
brands include Moen faucets, Aristokraft, Omega, Diamond and Kitchen
Craft cabinetry, Therma-Tru door systems, Simonton windows, Master Lock
security products and Waterloo storage and organization products sold by
units of Fortune Brands Home & Hardware LLC. Acushnet Company's golf
brands include Titleist, Cobra and FootJoy. Fortune Brands,
headquartered in Deerfield, Illinois, is traded on the New York Stock
Exchange under the ticker symbol FO and is included in the S&P 500 Index
and the MSCI World Index.
To receive company news releases by e-mail, please visit www.fortunebrands.com.
Forward-Looking Statements
This press release contains statements relating to future results, which
are forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995.