COCA-COLA Ε.Ε.Ε. Α.Ε.

Coca-Cola today announced the appointment of Mr Baring Olafsson as Country General Manager, Greece, effective 1 January 2005.

Athens, Greece - 21 December 2004 - Coca-Cola Hellenic Bottling Company S.A. (Coca-Cola HBC, CCHBC) today announced the appointment of Mr Baring Olafsson as Country General Manager, Greece, effective 1 January 2005.

Mr Olafsson joined the Coca-Cola system in 1986 in Iceland as Sales Manager. He then held various assignments in the Coca-Cola system in Atlanta, Hong Kong, and India.

In 1999, he joined Coca-Cola HBC and held various senior positions in Austria and Romania. Since 2001, he has held the position of Regional General Manager in the Moscow region of Russia, serving a market of 25 million people.

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).