HALF YEAR HIGHLIGHTS:
- Volume, excluding acquisitions, of 830 million unit cases, 10% above 2005, (reported: 835 million unit cases, 11% above 2005),
- Steady progress in underlying operating profit (EBIT) to Euro 276 million, 11% above prior year (reported: Euro244 million),
- Underlying net profit of Euro 191 million, 19% above prior year (reported: Euro 173 million),
- Underlying EPS of Euro 0.79, 18% above prior year (reported: Euro 0.72). SECOND QUARTER HIGHLIGHTS:
- Volume, excluding acquisitions, of 491 million unit cases, 10% above 2005, (reported: 496 million unit cases, 12% above 2005),
- Steady progress in underlying operating profit (EBIT) to Euro 221 million, 11% above prior year (reported: Euro 213 million),
- Underlying net profit of Euro 171 million, 17% above prior year (reported: Euro 168 million),
- Underlying EPS of Euro 0.71, 16% above prior year (reported: Euro 0.70).

Note: Underlying financial indicators (Operating profit, EPS, etc.) exclude the recognition of pre-acquisition tax losses, restructuring costs, exceptional items and the results of the acquired entities in 2006 as per page 4. Doros Constantinou, Managing Director of Coca-Cola HBC, commented: "Robust organic volume growth across all of our product categories was a key driver of our performance during the second quarter. The strength of our geographic portfolio and the successful execution of our plans were core to us posting high single digit growth in CSDs as well as double digit growth in non-CSDs despite of softness in two of our key markets. We have managed to largely offset the raw material cost pressures and increased investment in our sales force and market initiatives, mainly through revenue growth management execution and our supply chain cost efficiencies, resulting in only a slight decline of our margins. Despite the recently increased geopolitical tensions in the Middle East and the continuous softness in two of our key markets, we remain confident that our strategic and operational focus will enable us to achieve our full year guidance".

Coca-Cola HBC ("CCHBC" or the "Group") is one of the world's largest bottlers of products of The Coca-Cola Company ("TCCC") and has operations in 28 countries serving a population of over 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. CCHB s American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE:CCH). Financial information in this announcement is presented on the basis of International Financial Reporting Standards ("IFRS"). CCHBC also prepares financial information under accounting principles generally accepted in the United States ("US GAAP"), which are available on our website: www.coca-colahbc.com

Conference Call
CCHBC will host a conference call with financial analysts to discuss the 2006 second quarter results on 10 August 2006 at 4:00 pm, Athens time (2:00 pm, London time and 9:00 am, New York time). Interested parties can access the live, audio webcast of the call through CCHBCs website (www.coca-colahbc.com).