PRICING SUPPLEMENT NO. 2 RULE 424(b)(2) TRADE DATE: May 24, 1995 REGISTRATION NO: 33-52551 To Prospectus Supplement dated March 23, 1994 Including the Prospectus dated March 14, 1994 CUSIP NUMBER: 115 63 QAB 4 BROWN-FORMAN CORPORATION $10,000,000 MEDIUM-TERM NOTES Due More Than Nine Months from Date of Issue Floating Rate Note ( ) 6.82% Fixed Rate Note (X) Senior Medium-Term Note ( ) Subordinated Medium-Term Note ( ) Principal Amount: $10,000,000 Issue Price 100% Original Issue Date: June 1, 1995 Specified Currency: U.S. Dollars Interest Accrual Date: June 1, 1995 Maturity Date: June 1, 2005 Redemption Date(s): None New Notice of Redemption Price(s): N/A Maturity Renewal Authorized Denominations (if other than Date(s): Dates(s): denominations of $1,000 and integral ---------- ------------ multiples of $1,000 in excess thereof in U.S. Dollars): N/A Prepayment Date(s): None Interest Payment Period: Prepayment Price(s): N/A Semi-Annual Original Issue Discount Note: Interest Payment Dates: ( ) Yes (X) No May 1 and November 1 Total Amount of OID: N/A Yield to Maturity: N/A Global Security: (X) Yes ( ) No Initial Accrual Period OID: N/A Exchange Rate Agent: N/A Method Used to Determine Yield Historical Exchange Rate: N/A to Maturity and Initial Accrual Period OID: N/A For Floating Rate Notes Only: Spread (plus or minus): N/A Initial Interest Rate: N/A Spread Multiplier: N/A Index Maturity: N/A Maximum Interest Rate: N/A Base Rate(s): N/A Minimum Interest Rate: N/A If LIBOR, Designated LIBOR Page: Calculation Rate Agent: N/A ( ) LIBOR Reuters Names of Agents: Goldman Sachs; ( ) LIBOR Telerate Lehman Brothers Index Currency: U.S. Dollars Agent's Discount or Commission: Interest Reset Period: N/A $ 62,500 (.625%) Interest Reset Dates: N/A Net Proceeds to Company: $9,937,500 (X) Agents are acting as Agents for the sale of Notes by the Company at a price to the public of 100% of Principal Amount. Additional Terms: N/A