Bacardi Limited Elects New Directors to Board; Bacardi Further Strengthens Corporate Governance

Facundo L. Bacardi, Chairman of the Board of Directors
of Bacardi Limited, today announced three new directors have been
elected to serve on the Company's Board of Directors.
"These highly accomplished individuals bring vast experience in
the consumer products industry to Bacardi's Board of Directors. They
are distinguished business leaders who offer unique insights into
premium brands," said Mr. Bacardi. "The appointments also demonstrate
the Company's continued strong commitment to good corporate
governance."
The newly elected directors are Robert Corti, Philip Shearer and
Toten Comas.
Robert Corti is currently Chairman of the Board of the Avon
Products Foundation and served as Avon Products, Inc.'s Executive Vice
President and Chief Financial Officer from 1998 until he retired as
Chief Financial Officer in November 2005 and as Executive Vice
President in March 2006. With more than 25 years of experience with
Avon Products, Inc., Mr. Corti joined Avon's tax department as a tax
associate in 1976 and held progressive financial leadership positions
throughout his tenure at the Company. Mr. Corti is a member of the
Board of Directors and Chairman of the Audit Committee of Activision,
Inc., an international publisher of interactive entertainment
software. He also serves as a member of the Board of the Queens
College Foundation and the Valtarese Foundation.
Philip Shearer is currently Group President, The Estee Lauder
Companies Inc. He is responsible for Clinique and Origins on a global
basis and leads the Company's online activities, including the
Gloss.com joint venture with Chanel and Clarins. In January 2005, his
responsibilities expanded to include the Company's prestige hair care
business. Mr. Shearer joined The Estee Lauder Companies in September
2001 as Group President, International. Mr. Shearer has also held
various senior level positions at L'Oreal and the Elizabeth Arden
division of Eli Lilly. Mr. Shearer was Chairman of the Board of The
Fragrance Foundation from 1998 to 2001.
Toten Comas served on the Board of Directors of Bacardi Limited as
an Alternate Director from 2000 - 2002. Mr. Comas is President of
Propiedades Coba, S.A., a commercial real estate development firm,
located in Malaga, Spain, and prior to this, served as General Manager
of Inversiones Capricornia S.A., a chain of quick service restaurants
in Malaga. From 1977 - 1988, Mr. Comas worked in Spain as General
Manager for Tecnica Internacional de Servicio, S.A., a quality control
subsidiary of Bacardi & Co. of Nassau, Bahamas, and also as Director
of Quality Control for Bacardi Espana and the European Bacardi
Bottlers. Mr. Comas joined Bacardi & Co. in 1969 as a Bacardi Rum
Blender in Nassau and continued that position until 1977.
Bacardi Limited is the largest privately held spirits company in
the world and produces and markets a variety of internationally
recognized spirits. Bacardi Limited's brand portfolio consists of more
than 250 brands and labels, including: BACARDI rum, the world's
number-one selling rum; MARTINI & ROSSI vermouth, the world leader in
vermouth; GREY GOOSE vodka, the world leader in ultra premium vodka;
DEWAR'S scotch whisky, the number-one selling blended scotch whisky in
the United States; BOMBAY SAPPHIRE gin, the top selling ultra premium
gin in the United States and one of the fastest-growing brands in the
spirits industry; CAZADORES blue agave tequila, the top selling 100
percent blue agave tequila worldwide; and other leading brands.