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):     September 20, 2006 (September 18, 2006)

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

   Delaware                  002-26821            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

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2.):

[ ] Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c))

Item 7.01.  Regulation FD Disclosure.

On  September  18,  2006,  Brown-Forman   Corporation  issued  a  press  release
announcing that it has successfully  concluded negotiations with Gruppo Italiano
Vini for the  production  of Bolla  Italian wines A copy of the press release is
attached as Exhibit 99.1.

Item 9.01.  Financial Statements and Exhibits

 (a)      Not applicable.
 (b)      Not applicable.
 (c)      Exhibits.
          99.1     Press Release, dated September 18, 2006

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:   September 20, 2006                 By:  /s/ Nelea A. Absher
                                                Nelea A. Absher
                                                Vice President and Assistant
                                                 Corporate Secretary

Exhibit Index

99.1  Press Release, dated September 18, 2006, issued by Brown-Forman

                                                                   Exhibit 99.1



Louisville,  KY, September 18, 2006 - Brown-Forman  Corporation  announced today
that it has successfully  concluded negotiations with Gruppo Italiano Vini (GIV)
for the production of Bolla Italian wines. The company had previously  announced
(on July 19, 2006) that it was in negotiations with GIV.

Under the agreement  signed today by both companies,  Brown-Forman  has sold its
main Bolla wine production  facility in Pedemonte,  Italy to GIV and GIV will in
turn produce Bolla Italian Wines for Brown-Forman.  The agreement also names GIV
as Bolla's distributor in the Italian domestic market.  Brown-Forman,  which has
marketed Bolla Wines since 1968, will maintain worldwide  ownership of the Bolla
trademark and continue to sell Bolla Wines in the U.S. and other markets  around
the globe.

"This new arrangement  will allow  Brown-Forman  to improve  efficiency and gain
flexibility in the sourcing of high quality wine for Bolla," said Paul C. Varga,
Brown-Forman's chief executive officer.

GIV and Brown-Forman have had a long and productive relationship, as the Italian
company has provided the wine for  Brown-Forman's  Fontana Candida Italian Wines
over the last two decades.

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,  and
Hartmann Luggage.

Important Note on Forward-Looking Statements:

This report  contains  statements,  estimates,  or projections  that  constitute
"forward-looking  statements" as defined under  placecountry-regionU.S.  federal
securities laws. Generally, the words "expect," "believe," "intend," "estimate,"
"will,"   "anticipate,"  and  "project,"  and  similar  expressions  identify  a
forward-looking  statement,  which  speaks only as of the date the  statement is
made.  Except as  required  by law,  we do not  intend  to update or revise  any
forward-looking  statements,  whether  as a result  of new  information,  future
events,  or otherwise.  We believe that the  expectations  and assumptions  with
respect to our forward-looking  statements are reasonable.  But by their nature,
forward-looking  statements  involve known and unknown risks,  uncertainties and
other  factors that in some cases are out of our control.  These  factors  could
cause our actual results to differ  materially  from  Brown-Forman's  historical
experience or our present  expectations or projections.  Here is a non-exclusive
list of such risks and uncertainties:

 - changes in general economic conditions, particularly in the United States
   where we earn a significant portion of our profits;
 - lower consumer confidence or purchasing in the wake of catastrophic events;
 - tax increases, whether at the federal or state level or in major
   international markets and/or tariff barriers or other restrictions affecting
   beverage alcohol;
 - limitations and restrictions on distribution of products and alcohol
   marketing, including advertising and promotion, as a result of stricter
   governmental policies adopted either in the United States or globally;
 - adverse developments in the class action lawsuits filed against Brown-Forman
   and other spirits, beer and wine manufacturers alleging that our industry
   conspired to promote the consumption of alcohol by those under the legal
   drinking age;
 - a strengthening U.S. dollar against foreign currencies, especially the
   British Pound, Euro, and Australian Dollar;
 - reduced bar, restaurant, hotel and travel business, including travel retail,
   in the wake of terrorist attacks;
 - lower consumer confidence or purchasing associated with rising energy prices;
 - longer-term, a change in consumer preferences, social trends or cultural
   trends that results in the reduced consumption of our premium spirits brands;
 - changes in distribution arrangements in major markets that limit our ability
   to market or sell our products;
 - increases in the price of energy or raw materials, including grapes, grain,
   wood, glass, and plastic;
 - excess wine inventories or a world-wide oversupply of grapes;
 - termination of our rights to distribute and market agency brands included in
   our portfolio;
 - adverse developments as a result of state investigations of beverage alcohol
   industry trade practices of suppliers, distributors and retailers.