R.H. Phillips, Inc. (Nasdaq: RHPS) today announced that Toast Acquisition Company, Inc., an affiliate of Vincor International, Inc. (Toronto: VN), has successfully completed its $7.00 per share cash tender offer for all outstanding shares of common stock of R.H. Phillips, Inc. The tender offer expired on October 4, 2000 at midnight, New York time. Based on information provided by the depositary, approximately 6,266,000 shares of R.H. Phillips common stock had been tendered. After giving effect to the results of the tender offer, Vincor will own approximately 93.6% of the outstanding shares of R.H. Phillips' common stock. Payment for the shares properly tendered and accepted will be made promptly.

The merger of Toast Acquisition Company, Inc. into R.H. Phillips is expected to occur on October 5, 2000 in accordance with Section 1110 of the California General Corporation Law, with R.H. Phillips, Inc. as the surviving corporation. R.H. Phillips' shareholders who did not tender their shares in the tender offer will receive $7.00 cash per share in the merger. R.H. Phillips' transfer agent, American Stock Transfer and Trust Company, will forward to shareholders who did not tender their shares in the tender offer detailed instructions regarding how to surrender their stock certificates in order to receive the $7.00 per share merger consideration.

R. H. Phillips, Inc. produces and sells premium and super premium varietal table wines. It is located in the Dunnigan Hills Viticultural Region, which is situated near the wine regions of Napa and Sonoma, California. The winery specializes in the production of Chardonnay and Syrah, a Mediterranean varietal.

Vincor International Inc. is Canada's leading producer and marketer of wines and related products with brands in all segments of the market. Vincor owns and operates wineries in British Columbia, Ontario, Quebec and New Brunswick, and markets wines produced from grapes grown in the Niagara Peninsula of Ontario and the Okanagan Valley of British Columbia.

Vincor's premium brands include Inniskillin, Jackson-Triggs, Sumac Ridge, Hawthorne Mountain and Sawmill Creek. Vincor generated net sales of CN$268.2 million for its fiscal year ended March 31, 2000.

Vincor's common stock is listed on The Toronto Stock Exchange under the symbol "VN." For further information about Vincor, contact Donald L. Triggs, President and Chief Executive Officer, 905-564-6900.

R.H. Phillips, Inc. states that information contained in this press release, other than historical information, should be considered forward-looking in nature and is subject to various risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or expected. Among the key factors that may have a direct bearing on the outcome of the tender offer are Vincor's satisfaction of all conditions to the funding of the tender offer, Vincor's acceptance of, and payment for, the tendered shares and the disbursement of the proceeds of the acquisition facility entered into with the Bank of Nova Scotia.