Coca-Cola HBC S.A. Announces Internal Corporate Structure Changes

Coca-Cola HBC S.A. announced that its Board of Directors approved certain changes to Coca-Cola Hellenic's corporate structure, subject to regulatory approval and approval by shareholders at the Annual General Meeting on June 25, 2012. Under the proposed transaction Coca-Cola Hellenic's Greek operating assets and liabilities will be transferred to a wholly owned subsidiary of Coca-Cola Hellenic in accordance with the provisions of Greek Law 2166/1993. The effective date for the transformation of the balance sheet will be March 31, 2012. The transaction does not require a valuation and will be undertaken based on book values, which will be verified by the certified auditing firm PwC. The completion of the transaction is expected to take place in the third quarter of 2012. The proposed changes in the corporate structure which brings the operations in Greece in line with the majority of Group operations in other countries is intended to reduce complexity and will not have any impact on Coca-Cola Hellenic's customers, employees or shareholders.