Athens, Greece - 13 December 2005 - Coca-Cola Hellenic Bottling Company S.A. (Coca-Cola HBC, CCHBC) announced today that it has reached a mutual decision with the majority shareholder of Fresh & Co, a juice company in Serbia & Montenegro, to discontinue CCHBC's and The Coca-Cola Company's negotiations to acquire Fresh & Co for the time being. The decision follows a re-financing arrangement by Fresh & Co with financial institutions.

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).