Athens, Greece - 21 December 2005 - Coca-Cola Hellenic Bottling Company S.A. (Coca-Cola HBC, CCHBC) announced today that, following the exercise of stock options by option-holders under Coca-Cola HBC's stock option plan, the Board of Directors of Coca-Cola HBC, pursuant to para. 9 of art. 3 of Codified Law 2190/1920, resolved today to increase CCHBC's share capital by the amount of 1,215,936.50. A total of 2,431,873 new ordinary shares of a nominal value of 0.50 each will be issued at issuance prices of 23.32, 20.97, 17.06, 14.68, 14.53, 12.95, 16.76, and 18.63 per share and a total issuance value of 33,655,271.38.

The day the new shares will start trading will be announced following regulatory approval by the Athens Exchange. Coca-Cola HBC is one of the world's largest bottlers of products of The Coca-Cola Company and has operations in 26 countries serving a population of approximately 540 million people. CCHBC shares are listed on the Athens Exchange (ATHEX: EEEK), with secondary listings on the London (LSE: CCB) and Australian (ASX: CHB) Stock Exchanges. CCHBC's American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE: CCH).