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Nascent Wine Company, Inc. (NCTW.OB), Announces the Appointment of Two New Board Members

Nascent Wine Company, Inc. (NCTW.OB), the only nationwide distributor of imported food and beverage products in Mexico, announced today the appointment of James Buckman and Mitch Wolf to its Board of Directors.

James Buckman is the Vice Chairman of York Capital Management, and a member of York’s Senior Management Committee. Mr. Buckman is responsible for oversight of York’s private investments. Prior to joining York, Mr. Buckman worked at Cendant Corporation as a Senior Executive V.P. & General Counsel, and most recently served as Vice Chairman & Board Member.

Mitch Wolf is a Vice President of York Capital Management. Prior to joining York in 2006, Mr. Wolf worked at Oaktree Capital Management where he was a member of the Mezzanine Finance group. Previously, he worked at J.P. Morgan & Co. in the Private Equity Placements and Corporate Finance and Mergers and Acquisition groups.

Both individuals were proposed by York Capital Management.

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