News Release

For Immediate Release: March 02, 2005
Contact: Brooke Hilton, WineBid.com, bhilton@winebid.com, or (707)226-5893 x30

BURGUNDY FUTURES ON AUCTION AT WINEBID.COM®

Napa California:

WineBid.com, the premier Internet auction of fine and rare wines, is pleased to offer Burgundy futures on auction. These futures were acquired at the 2004 Hospices de Beaune Wine Auction. The Hospices de Beaune auction, now in its 144th year, is the oldest charitable wine auction in the world. This marks the fourth year in a row that WineBid.com has participated in this auction, which benefits a 559-year-old Beaune charity hospital. With the support of Maison Louis Jadot, WineBid.com purchased a barrel of Volnay Santenots Cuvée Gauvain.

"The Volnay wines were among the best cuvées we tasted," said Jerry Zech, WineBid.com’s Chief Executive Officer. "Hospices de Beaune wine futures are now an annual offering our buyers have come to expect. We select a standout cuvée each year so that we can offer a Burgundy exclusive to WineBid.com."

Maison Louis Jadot will be responsible for the élevage of the cuvée, which will result in nearly 300 750ml bottles of Premier Cru Burgundy. All of the Burgundy will be sold through WineBid.com’s online auction starting in March 2005. WineBid.com will sell futures of the Burgundy, which is expected to be ready to ship by early 2006. Small quantities of the futures will be released for auction periodically during the next 12 months.

WineBid.com is the largest online wine auction with more than 31,000 registered bidders. At WineBid.com each bottle of wine is appraised, inspected and stored in our climate controlled warehouse in Napa, California.

For more information about bidding or consigning, visit our website at www.winebid.com or call (888) 638-8968.