For Further Information:

Scheid Vineyards Inc. (Nasdaq: SVIN)

305 Hilltown Road

Salinas, CA 93908

(831) 455-9990

CONTACT: Scott Scheid, President and Chief Executive Officer or

Mike Thomsen, Chief Financial Officer

For Immediate Release:

December 9, 2003

SCHEID VINEYARDS INC. ANNOUNCES VINEYARD WRITE-OFFS

SALINAS, CA – December 9, 2003 - Scheid Vineyards Inc. (Nasdaq: SVIN) announced today that it would be writing off vineyard assets in the approximate amount of $1,250,000.

Mr. Scott D. Scheid, President of the Company, explained this decision by noting that “As we do every year after harvest, management evaluates the productivity of our vineyards and their economic viability and discusses with current and potential customers the future contracting of grape production. After such evaluation, it was determined that lower producing acres without the potential for economic return would be taken out of production.” Mr. Scheid continued by stating that “At a meeting of the Board of Directors of the Company on December 5, the Board approved the write-off of these vineyard acres.”

The Company expects to take the approximate $1,250,000 write-off in the fourth quarter of fiscal 2003. The 260 acres to be taken out of production represent approximately 7% of the Company’s producing acres.

Scheid Vineyards Inc. ( is a leading independent producer of premium wine grapes and operates approximately 5,600 acres of vineyards, primarily in Monterey County, California. The Company sells most of its grape production under short and long-term contracts to wineries producing high quality table wines, and the Company also produces a small amount of ultra premium wine under its own label.

This release contains forward-looking statements relating to the Company’s vineyards. These statements are based on current expectations and are subject to risks and uncertainties which could materially affect the Company's results. These risks and uncertainties are contained in periodic reports filed with the SEC, including, but not limited to, the Form 10-KSB for fiscal 2002 and recent 10-Qs. The Company is under no obligation (and expressly disclaims any obligation) to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.