Cancellation of Treasury Shares, Issue of Equity and Total Voting Rights

Zug, Switzerland – 1 September 2016 – Coca-Cola HBC AG (“Coca-Cola HBC” or the “Company”) announces that 3,000,000 ordinary shares each with a par value of CHF 6.70 which were held in treasury have been cancelled with effect from 31 August 2016 pursuant to a reduction of capital in accordance with Swiss law which was approved by the Company's shareholders at the annual general meeting held on 21 June 2016 and announced on 22 June 2016.

The Company also announces, in respect of the month ended 31 August 2016, the issue of 675,314 ordinary shares with a par value of CHF 6.70, each fully paid, following the exercise of options granted under Coca-Cola HBC's share option plan. Such ordinary shares were also admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities under Coca-Cola HBC's block listing facility. Following this issue, Coca-Cola HBC has the ability to admit a further 33,983,835 ordinary shares under its block listing facility.

Accordingly, as at 31 August 2016, Coca-Cola HBC's issued share capital consisted of 366,164,661 ordinary shares, of which 14,925 ordinary shares are held by the Company and 3,430,135 ordinary shares are held by its subsidiary, Coca-Cola HBC Services MEPE, in treasury. As at 31 August 2016, the total number of ordinary shares with voting rights in the Company is 362,719,601 for the purposes of the Disclosure and Transparency Rules of the Financial Conduct Authority (“DTRs”).

Shareholders may use the above total voting rights figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of Coca-Cola HBC under the DTRs.

This announcement is made in accordance with LR 12.6.4 and DTR 5.6.1.