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Fortune Brands - Chmn. & CEO Interview.

Finance Wire

| July 22, 2005 | COPYRIGHT 2003 CQ Transcriptions. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Original Source: CNBC/DOW JONES BUSINESS VIDEO

MARK HAINES, CNBC ANCHOR: Fortune Brands, they make Jim Beam, they make Titleist products. When the game gets you down, you get drunk on the Jim Beam. Beating estimates in the second quarter, reaffirming guidance, the stock has been on fire over the past 52 weeks, currently trading at new highs. Look at this, 70 to 94 in the last 12 months, outperforming most of its peers. Joining us "First on CNBC" to discuss the quarterly results, Norman Wesley, chairman and CEO of Fortune Brands.

Good morning, sir, thanks for being with us.

NORMAN WESLEY, CHMN. & CEO, FORTUNE BRANDS: Good morning, Mark.

HAINES: Things seem to be firing on all cylinders, so what does the immediate future hold, what`s the guidance?

WESLEY: You know, we`ve had very strong results, Mark, as you saw. Our Jim Beam brands was up double digits. Our home business was up double digits and we had a very strong result in our golf business with Titleist…

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