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April 16, 2013 Contact: David Wolfe, Urban Chestnut Brewing Company, (314) 222-0143, david@urbanchestnut.

com For Immediate Release

Urban Chestnut Partners with Green Street to Construct New $10MM Green Brewery in St. Louis, MO
St. Louis, MO - Urban Chestnut Brewing Company (UCBC), a two-year old St. Louis, MO craft brewery, has announced they are in the planning stages to open a second and significantly larger production brewery also located in the city of Saint Louis. The new facility is expected to be a $10MM project increasing Urban Chestnuts current annual brewing capacity to about 15,000 barrels, while further enhancing an area within the City of St. Louis that has undergone significant transformation over the last several years (Forest Park Southeast, aka The Grove). The UCBC project will add approximately 10 full-time and 30 part-time jobs in the City of St. Louis within the next two years. Projected to open in early 2014, UCBC is partnering with Green Street St. Louis (Green Street), an innovative real estate firm recognized for the sustainable redevelopment of underutilized St. Louis-area commercial properties into LEED (Leadership in Energy and Environmental Design) certified buildings. The two former Anheuser-Busch veterans and co-founders of Urban Chestnut, Florian Kuplent and David Wolfe, have been working with Green Street for over a year to identify a property that would meet their collective vision. A vision resulting in the plan to renovate the former Renard Paper Company at 4465 Manchester Ave into a 70,000 square foot production brewery, packaging facility, warehouse and indoor/outdoor retail taste room. Beyond embracing the principles of environmental stewardship and social responsibility by seeking LEED certification, UCBC & Green Street also plan to modify the faade of the current city-block long warehouse to visibly and physically integrate it into the already vibrant The Grove neighborhood. People might ask why open a second facility and ALSO locate it in St. Louis? Well, first & foremost 95% of the beer we sold last year was in St. Louis, and like Schlafly and many of the other small, local brewers, were dedicated to the evolution of St. Louis as a craft beer destination, remarked Wolfe. Kuplent added, Weve been growing at about 200%, year over year, and we never imagined wed grow this fast. Essentially it means were going to run out of the space to add further capacity at our current location sometime this yearand we mostly have St. Louis beer drinkers and our retail partners to thank for that! Operationally, Urban Chestnut plans to brew, package and sell beer at BOTH locations: The current 20 barrel brew house, taste room and Biergarten, located at 3229 Washington Ave in Midtown St. Louis, will remain open and will be utilized to primarily test, brew, and package smaller batch beers. Initially the new brewery will have an annual capacity of approximately 15,000 barrels using a 60 barrel brewhouse, with the space to expand to 100,000 bbls.

Urban Chestnut brewed around 3500 bbls in 2012 and expects to brew approximately 7000 bbls in 2013.

In addition to operating both breweries, Wolfe and Kuplent also plan to provide a unique & distinctive customer experience at each Urban Chestnut location. Our brewing philosophy and branding has always been based on the idea of new world ~ old world or what we call Revolution and Reverence. We think its really cool that were going to apply this same concept to each of the two facilities; our original location will possess the Reverence identity and our new location the Revolution identity, says Wolfe. Urban Chestnut and Green Street plan to implement design and material elements that will award them with a level of LEED certification from the U.S. Green Building Council. Our collective goal is to renovate the building and introduce mechanisms that maximize the efficiency of Urban Chestnut operations while minimizing their impact on the environment, stated Hulse. Generally speaking, we intend to employ green modifications to minimize Urban Chestnuts energy footprint.

Urban Chestnut Brewing Company (UCBC) is an unconventional-minded yet tradition-oriented brewer of craft beer. Founded in early 2011 and located at 3229 Washington Avenue in Midtown St. Louis, it brews both small batches of artisanal, modern American beers (their Revolution series) and classically-crafted European styles (their Reverence series). The founders are Florian Kuplent and David Wolfe. Kuplent is a German born and trained brewmaster with extensive experience at both small breweries, worldwide, and with the world's largest, Anheuser-Busch. Wolfe is a 20-year beer industry member, who was with Anheuser-Busch as well, prior to joining Kuplent in founding Urban Chestnut. Green Street St. Louis is an entrepreneurial, full-service real estate solutions provider. Green Street distinguishes itself through the application of sustainable design and building principles in the adaptive reuse of infill locations. With a focus on user objectives, Green Street provides a comprehensive and integrative suite of services from project conception through construction leading to operational success for our clients. Green Streets approach utilizes established experience to complete innovative real estate projects as an advisor, a developer, and as a property owner.

Urban Chestnut Brewing Co, 3229 Washington Ave St. Louis, MO 63103 For more information on UCBC- Visit www.urbanchestnut.com

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