Coca-Cola Hellenic Bottling Company S.A. (Coca-Cola HBC, CCHBC) announced today additional information regarding the acquisition of Multon, a leading Russian fruit juice producer, which had been announced on 31 March 2005.

Multon's acquisition cost will be covered equally by CCHBC and The Coca-Cola Company, which will also equally share in the financial results. CCHBC's share of the acquisition cost will be fully covered through CCHBC's existing debt facilities and internal cashflow and will not adversely impact the company's financial results.

As previously announced, the acquisition of Multon is expected to yield significant cost and revenue synergies for CCHBC's Russian operations. The acquisition is expected to benefit CCHBC's EPS by approximately 6 Euro cents in 2005. The transaction is subject to regulatory approval and is expected to be finalized in April of 2005.

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 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).

Background information on Multon
Multon is the second largest producer of juices in the Russian market. The company has a strong market share in St. Petersburg, Moscow, and the Urals. In 2004, Multon had revenue of $336 million and juice volume of approximately 500 million litres representing approximately a 25% market share.

SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS
This document contains forward-looking statements that involve risks and uncertainties. These statements may generally, but not always, be identified by the use of words such as believe, outlook, guidance, intend, expect, anticipate, plan, target and similar expressions to identify forward-looking statements. All statements other than statements of historical facts, including, among others, statements regarding our future financial position and results, business strategy, budgets, projected levels of consu mption and production, the effect of the Multon acquisition on our volume and earnings per share in 2005, projected costs, future taxation, estimates of capital expenditure and plans and objectives of management for future operations, are forward-looking statements. You should not place undue reliance on these forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty because they reflect our current expectations and assumptions as to future events and circumstance s that may not prove accurate. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons, including the risks described in our annual report on Form 20-F filed with the U.S. Securities and Exchange Commission (File No 1-31466).
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