Craft Brewers Alliance Announces 2008 Earnings Conference Call

PORTLAND, Ore.--(Business Wire)--
Craft Brewers Alliance, Inc. (formerly Redhook Ale Brewery, Incorporated)
(Nasdaq:HOOK) has scheduled a question and answer conference call for Tuesday,
March 31, 2009 at 8:30 a.m. PDT (11:30 a.m. EDT). The purpose of the conference
call is to answer questions related to the Company`s results for the year ended
December 31, 2008, which will be summarized in its annual report on Form 10-K to
be filed with the Securities and Exchange Commission on March 26, 2009.

The conference call will be available either through webcast or dial-in. The
webcast can be accessed through the Company`s website,
http://www.craftbrewers.com/ (select Investors - Event Calendar). Individual
investors can also listen to the call through the Thomson StreetEvents
individual investor center at http://www.earnings.com or other Internet portals
such as Yahoo! and Google. The conference call can also be accessed by telephone
at (866) 804-6920 or (857) 350-1666 (passcode 61228997).

For those who cannot listen to the live broadcast, a replay of the call will be
available both on the Internet and by telephone at (888) 286-8010 or (617)
801-6888 (passcode 16997642).

The SEC filings for Craft Brewers Alliance can be accessed at the Company`s
website, http://www.craftbrewers.com/ (select Investors - SEC Filings). To
automatically receive email alerts, register at http://www.craftbrewers.com/
(select Investors - Email Alerts).

About Craft Brewers Alliance - Craft Brewers Alliance, Inc. operates the Widmer
Brothers brewery in Portland, Ore., and Redhook breweries in Woodinville, Wash.,
and Portsmouth, N.H.The Company distributes its award-winning products and those
of Kona Brewing Company throughout the United States through a network of
wholesale distributors and a distribution alliance with Anheuser-Busch,
Incorporated. Redhook, at the forefront of the domestic craft brewing segment
since its formation in 1981, is widely recognized for brewing excellence at
domestic and international brewing competitions. Widmer Brothers Brewing Company
was founded by brothers Kurt and Rob Widmer in 1984. Prior to the July 2008
merger with the Company, the Portland, Ore. brewery was ranked the 11th largest
brewery in the U.S., largely due to the popularity of its award-winning flagship
beer, Widmer Hefeweizen, an unfiltered wheat beer typically served with a lemon.
For more information, visit www.craftbrewers.com.

Craft Brewers Alliance, Inc.
Director of SEC Reporting/Investor Relations
Patrick Green, 503-331-7275,
Investor.Relations@craftbrewers.com

Copyright Business Wire 2009