(Coca-Cola HBC, CCHBC) will today reaffirm full year guidance, as updated in its H1 2003 results. The following points will be reiterated during a meeting that the Company is hosting for analysts and investors in Russia: Volume growth for the full year is expected to be in the lower half of the 7%-9% range, EBITDA growth is expected to be in the upper half of the 11%-13% range, EBIT is expected to grow by 30%-35%, net profit is expected to be in the range of ?90-100 million and ROIC is expected to grow by approximately 150 basis points to 6.6%.

Senior group and regional management will deliver a presentation updating analysts and investors on the Company?s current performance and full year expectations for its operations in the Russian market. For the full year 2003, volume is expected to grow by approximately 10%, and sales revenue is expected to grow by high double digit. Coca-Cola HBC will also reaffirm that Russia is expected to be EBIT and net profit positive for the full year 2003.

Coca-Cola HBC will also update analysts and investors on progress and expectations for the key Italian and Polish markets. 2003 September Year-to-date and full year 2003 volume in Italy is expected to grow by 6%. 2003 September Year-to-date and full year 2003 volume in Poland is expected to grow by 10%. Copies of the presentation will be available at www.coca-colahbc.com.

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 more than 500 million people. CCHBC shares are listed on the Athens Stock Exchange (ASE: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).