Washington, D.C. 20549

                                    Form 8-K

                                 Current Report
     Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of
earliest event reported):     November 21, 2003 (November 20, 2003)

                            Brown-Forman Corporation
             (Exact name of registrant as specified in its charter)

   Delaware                    1-123              61-0143150
(State or other            (Commission         (I.R.S. Employer
 jurisdiction of            File Number)       Identification No.)

 850 Dixie Highway, Louisville, Kentucky           40210
(Address of principal executive offices)         (Zip Code)

Registrant's telephone number, including area code (502) 585-1100

Item 5.  Other Events

On November 20, 2003, Brown-Forman Corporation issued a press release announcing
(i) its regular  quarterly  cash dividend,  (ii) a  solicitation  of shareholder
consents to authorize  additional shares and (iii) a 2-for-1 stock split. A copy
of  Brown-Forman  Corporation's  press  release of November 20, 2003 is attached
hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 7.  Financial Statements and Exhibits

 (a)      Not applicable.
 (b)      Not applicable.
 (c)      Exhibits.
          99.1     Press Release, dated November 20, 2003


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                       Brown-Forman Corporation

Date:   November 21, 2003                 By:  /s/ Nelea A. Absher
                                                Nelea A. Absher
                                                Vice President, Senior Counsel
                                                & Assistant Corporate Secretary

                                                                 Exhibit 99.1



Louisville, KY, September 25, 2003 - Directors of Brown-Forman Corporation today
approved  a 2-for-1  stock  split  for all  shares of Class A and Class B common
stock, to be paid in the form of a stock  dividend.  The Board of Directors will
seek the consent of the  company's  stockholders  to  authorize  the  additional
shares  of both  classes  of stock  necessary  to carry  out this  stock  split.
Following that  approval,  the company will  distribute one additional  share of
Brown-Forman  common  stock for each  share of Class A and Class B common  stock
outstanding.  This  distribution  would be made to stockholders of record at the
close of business on the date the  company's  certificate  of  incorporation  is
amended to reflect the increased number of shares, which is expected to be on or
about January 8, 2004.

The Board of Directors also approved a 13.3%  increase in its regular  quarterly
cash dividend,  from 37.5 cents to 42.5 cents per share,  before considering the
effect of the stock  split.  Stockholders  of  record on  December  5, 2003 will
receive  the 42.5 cent per share  cash  dividend  on or about  January  2, 2004.
Assuming the stockholders approve the 2-for-1 stock split,  subsequent quarterly
cash  dividend  payments  and  earnings  per share  amounts  will be restated to
reflect the stock split.

Owsley Brown,  Chairman and Chief Executive Officer,  stated, "We are pleased to
propose this stock split and significantly increase our quarterly dividend. Both
transactions  indicate  Brown-Forman's  confidence  in its  ability to  generate
sustainable  growth in earnings and cash flow.  The dividend  increase  reflects
both stronger  company earnings per share and the reduction in tax rates on cash
dividends."  Brown-Forman  has paid  regular  quarterly  cash  dividends  for 58
consecutive years.

Brown-Forman  Corporation is a diversified producer and marketer of fine quality
consumer products,  including Jack Daniel's,  Southern Comfort, Finlandia Vodka,
Canadian Mist,  Fetzer and Bolla Wines,  Korbel  California  Champagnes,  Lenox,
Dansk, and Gorham tableware and giftware and Hartmann Luggage.