Nascent Wine Company, Inc. Announces $8 Million Investment by York Capital Management

The Investment is Expected to Accelerate Nascent's Growth as the Only Nationwide Food Distributor in Mexico

SAN DIEGO-- Nascent Wine Company, Inc. (OTCBB:NCTW - News), dba Nascent Foodservice, the only nationwide distributor of imported food and beverage products in Mexico, announced today that it had received an $8 million investment from York Capital Management. The investment is expected to accelerate Nascent's growth and strengthen its strategic position as the only nationwide food distributor in Mexico.

"Nascent is Mexico's only nationwide independent food and beverage distributor, and is well-positioned to take advantage of the opportunities presented in this highly fragmented market," said Bill Vrattos, Senior Managing Director at York. "Nascent has a high quality management team and we look forward to working closely with them to build upon their already impressive accomplishments."

"We are extremely pleased to partner with an institution of the caliber of York," stated Sandro Piancone, CEO of Nascent Foodservice. "This investment enables Nascent to continue to execute its strategic plan of acquiring quality companies and expanding its market penetration throughout Mexico."
A full description of the securities issued to York can be found in the 8-K that is being filed with the SEC concurrent with this press release.

About Nascent Wine Company, Inc.

Nascent is a leading food and beverage distributor in Mexico, marketing and distributing over 2,000 national and proprietary brand food and non-food products. Nascent also has the exclusive right to distribute Miller Beer in Baja California, Mexico. In addition, Nascent sells select products from Nestle, Haagen-Dazs, General Mills, Ferrarelle Water, Cora Italian Food Products, Bonafont Water, Bonet, Mitsuki, Avasoft Ice Cream, Kabbalah Energy Drink, and Jolly Rancher Soda. Nascent is focused on acquiring profitable, well positioned distributors in Mexico with quality food and beverage portfolios, selling to over 7,000 sales points including supermarkets, convenience stores and foodservice accounts. Nascent trades on the OTC Bulletin Board as Nascent Wine Company, Inc., ticker symbol NCTW.OB.

www.NascentFoodservice.com

Business Development Beverage Trip to Mexico

Please join us on a Business Development trade Mission to Mexico City to explore new business opportunities and close deals.

See the full Agenda at: http://www.mexicobeverage.com/index.php?pr=Trip_to_Mexico_Dec._06

Date: December 7-10, 2006

Investment: $1,850 plus airfare

Last Day to Pay: November 15th


Investment includes 5 star accommodations at a beautiful boutique hotel in Mexico City, all food and beverages, transportation in Mexico City via private chauffeurs and all conferences, meetings, consultants and tours.

What’s not included? Airfare and any alcoholic drinks.


Description

This Trade Mission will get you in the middle of the action of the wholesale distribution and export business in Mexico and Latin America.

It is not your traditional seminar. It’s a business opportunity trip; a hands-on learning experience where you can not only learn but also close business all in the same trip.

You will learn how to export to Mexico and be introduced to retailers, wholesalers and distributors as well as brokers, consultants, lawyers, accountants, merchandisers, promoters and every person you need to do business in Mexico.

See the full Agenda at: http://www.mexicobeverage.com/index.php?pr=Trip_to_Mexico_Dec._06