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“Uniquely Positioned for Continued Success” Athens Exchange Greek Roadshow 30 June – 1 July 2008 Nik Nik Jhangiani Jhangiani , , Chief Financial Officer Chief Financial Officer George George Toulantas Toulantas Investor Relations Manager Investor Relations Manager

“Uniquely Positioned for Continued Success” · “Uniquely Positioned for Continued Success” ... Sprite Zero, FantaFree Sparkling beverages 63% T a 4 % Juice 11% Water 21% Combined,

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Page 1: “Uniquely Positioned for Continued Success” · “Uniquely Positioned for Continued Success” ... Sprite Zero, FantaFree Sparkling beverages 63% T a 4 % Juice 11% Water 21% Combined,

“Uniquely Positioned for Continued Success”

Athens Exchange Greek Roadshow30 June – 1 July 2008

NikNik JhangianiJhangiani ,,Chief Financial OfficerChief Financial Officer

George George ToulantasToulantasInvestor Relations ManagerInvestor Relations Manager

Page 2: “Uniquely Positioned for Continued Success” · “Uniquely Positioned for Continued Success” ... Sprite Zero, FantaFree Sparkling beverages 63% T a 4 % Juice 11% Water 21% Combined,

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Disclaimer

The information contained herein includes forward-looking statements which are based on current expectations and assumptions about future events. You should not place undue reliance on these forward looking statements. These forward-looking statements are subject to risks, uncertainties and assumptions about Coca-Cola Hellenic including, among other things, its future financial position and results, the effects of recent acquisitions to its business and financial condition, future dealings with TCCC, budgets, projected levels of consumption and production, projected raw materials and other costs, future taxation, estimates of capital expenditure and plans and objectives of management for future operations. These and other risks are described in Coca-Cola Hellenic’s Annual Report on Form 20-F filled with the US Securities and Exchange Commission. As a result, our actual results could differ materially from those anticipated in the forward looking statements. No one undertakes to publicly update or revise any forward-looking statement unless required by law. Unless otherwise specified, all financial information presented herein is based on Coca-Cola Hellenic’s IFRS financial statements.

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Agenda

• Coca-Cola Hellenic at a glance

• Further growth opportunities for Hellenic

• Leadership in sustainable development

• Appendix: Latest financials

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• 2007 sales $20.9 BN• Mk cap $8.9 BN• Enterprise value $18.5 BN• 2007 volume approx 3.8 bn uc

Coca-Cola Hellenic

• 2007 sales $9.5 BN• Mk cap $11.9 BN• Enterprise value $13.8 BN• 2007 volume 2.0 bn uc

Coca-Cola Femsa

• 2007 sales $6.4 BN• Mk cap $10.1 BN• Enterprise value $11.3 BN• 2007 volume 2.1 bn uc

Coca-Cola Amatil

• 2007 sales $4.1 BN• Mk cap $4.8 BN• Enterprise value $6.1 BN• 2007 volume 0.5 bn uc

Note: Bottlers may not serve 100% of the country area shown on map,Market cap & EV data as of 20 June 2008

Coca-Cola Enterprises

Coca-Cola Hellenic is the largest Coke bottler in Europe

• We are the 2nd largest bottler in revenue terms and the 3rd largest bottler in volume terms in the world

• We operate in 28 countries, 16 of which are part of the EU

• We address the needs of over 550 million consumers

• We operate 79 plants • We serve 1.4 million customers

Source: Bloomberg, Company information

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million u.c. CAGR=9%

2001

2002

2003

2004

2005

2006

2007

1,185

1,268

1,359

1,413

1,578

1,788

2,019

Volume

2001

2002

2003

2004

2005

2006

2007

579

665

726

813

905

496

CAGR=14%

1,067

EBITDA

€ millionCAGR=20%

2001

2002

2003

2004

2005

2006

2007

231

304

386

435

501

576

703

%

2001

2002

2003

2004

2005

2006

2007

5.2

12.2

7.1

8.5

9.4

10.4

3.9

EBIT Return on Invested Capital

Note: Financial indicators (EBIT, Net profit) include the results of the acquired entities and exclude the recognition of pre-acquisition tax losses, restructuring costs, exceptional items and, up to 2004, the amortisation of indefinitely-lived intangible assets.

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Agenda

• Coca-Cola Hellenic at a glance

• Further growth opportunities for Hellenic

• Leadership in sustainable development

• Appendix: Latest financials

Page 7: “Uniquely Positioned for Continued Success” · “Uniquely Positioned for Continued Success” ... Sprite Zero, FantaFree Sparkling beverages 63% T a 4 % Juice 11% Water 21% Combined,

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Coca-Cola Hellenic’s unique platform for growth

Balanced portfolio of countries

Unrivalled marketplace

execution

Disciplined cost

management

Diverse product

range

Coca-Cola Hellenic growth enablers:• Marketplace execution rooted in the 4 A’s

• ‘Excellence Across the Board’ initiative•SAP implementation to further build front-end capab ilities

Creating economic value for our shareowners

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Broad geographic footprint with exposure to higher growth markets

EstablishedDeveloping

Emerging

Armenia, Belarus, Bosnia & Herzegovina,

Bulgaria, FYROM, Moldova, Montenegro

Nigeria, Romania, Russia, Serbia and

Ukraine

Croatia, Czech Republic, Estonia,

Hungary, Latvia, Lithuania, Poland,

Slovakia and Slovenia

Established markets

Developing markets

Emerging markets

Austria, Cyprus, Greece, Italy, Northern

Ireland, Republic of Ireland and Switzerland

Net sales revenue18% 41%41%

Total = €6.462 MM

EBIT16% 42%42%

Total = €703 MM

19% 47%34%Volume Total = 2,019 MM u.c.

2007 Market Split

58%

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2007 volume by country

Russia, 17%

Italy, 13%

Romania, 9%

Greece, 8%Poland, 8%

Nigeria, 7%

Ukraine, 5%

Hungary, 4%

Other Established,

13%

Other Developing,

7%

Other Emerging,

9%

Broad geographic spread reduces dependency on one particular market

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Offering a diverse product range for our consumers

Note 1:•Includes 100% of Multon and Fresh & Co volume•Light/ diet CSDs include Diet/ Light Coca-Cola, Coke Zero, Sprite Zero, Fanta Free

Sparkling beverages

63%

Tea 4%Juice 11%

Water 21%

Combined, Water and Still beverages represented 37% of total volume sold in 2007 compared with only 10% in 2001

2001

Sparkling beverages

90%

Water 6%Still

beverages 4%

2007

2,019m u.c1,185m u.c

Other Still 1%

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Established

Developing

Emerging

242

264

111

36%

54%

37%

Hellenic Pepsi Other

Source: Canadean (Dec-06), Coca-Cola HellenicNote: Market shares weighted by population

W. Europe ca. 307U.S. ca. 742

Innovation and per capita trends driving growth in sparkling beverages

Sparkling beverage servings Sparkling beverage servings Sparkling beverage servings Sparkling beverage servings per capitaper capitaper capitaper capita

+8%

+8%

+21%

Coca-Cola Trademark

Light Sparkling beverages

Sparkling beverages

Growth in 2007 (%)

• Unparalleled growth potential in our markets as eco nomies strengthen

• Light sparkling beverages account for 10% of total sparkling volume

• Coke Zero has now been launched in 19 of our 28 mar kets and is expected to support growth of light sparkling beverages and the Coke trademark

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Rapidly expanding into higher value categories

Juices and smoothies Water

Sport & Energy DrinksReady-to-drink Tea & Coffee

illy premium RTD coffee Nestea Vitao rangePowerAde Fit

Burn Aluminium bottle

Functional juices and smoothies

Avra

Herbal water

ValserViva flavours

Deep RiverRock

water flavours

Lilia Emotion

PowerAde

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Excellence in marketplace execution

Unbeaten at the 4 A’s

Customer-centric Capabilities

Route-to-Market

Leveraging distribution scale

Amita MotionEnergy bars

Tsakiris chips

Beer distribution

Spirits distribution

Selective Vending Channel expansion

Availability

Affordability

Acceptability

Activation

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5.06.9

Focus on growing the higher margin immediate consumption channel

Total number of cooler doorsmillions

2003 2004 2005 2006 2007

Cooler doors per 1,000 people

Coca-Cola Hellenic avg. 3.9

Emerging Developing Established

Excluding Nigeria

Increased cooler penetration 2007 Package volume mix

0.9 1.1 1.3 1.4 1.6

2.8

Expansion of higher revenue categories

Revenue per case index

Sparkling(excl. Energy)

Water Juice RTDTea

SportDrinks

100 50130 130 190

EnergyDrinks

500

Immediate Consumption

40%

Future Consumption

60%

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Disciplined approach to driving cost efficiencies

� Infrastructure rationalisation

�EU accession opportunities

�Regional production assets

� Investment in aseptic technology/ PET capacity

�Redeployment of assets

�Cross Enterprise Procurement Group

�Ultra-light glass bottles

�PET weight optimisation

�PET recycling

�Multi-lingual labels

�Centralised costs/ support functions

� Improved responsiveness from SAP implementation

Reducedcost base

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Agenda

• Coca-Cola Hellenic at a glance

• Further growth opportunities for Hellenic

• Leadership in sustainable development

• Appendix: Latest financials

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Strong focus on creating economic value for our shareowners

-325

-110

17 60140

-264

-35

3.9%

5.2%

7.1%

8.5%

9.4%

10.4%

12.2%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

2001 2002 2003 2004 2005 2006 2007

RO

IC (

%)

-400

-300

-200

-100

0

100

200

Eco

nom

ic P

rofit

(E

UR

MM

)

Economic Profit (RHS)

ROIC (LHS)

• Further potential to increase returns through:

• Investment focused on higher revenue generating activities e.g. new production capacity/ coolers

• Realise further operational cost savings e.g. product cost efficiencies, centralised functions, regional production capacity

• Infrastructure optimisation/ rationalisation

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CommunityMarketplace Workplace Environment

• Responsible sales & marketing

• GDA label roll-out

• New plant openings in Crete & Nigeria

• Aquavision plant acquisition

• Serbia Employer of Year award

• OHSAS implementation

• Recognised as “Notable Reporter” by UN Global Compact

• Agreement signed for 15 Combined Heat & Power plants

• PET2PET recycling plant in Austria

• Signed Bali Communique on Climate Change

• Emergency aid in Greece & Romania

• Danube day• Living Volga

partnership with UNESCO

• Kropla Beskidu partnership fund in Poland

While also growing responsibly to support a sustainable business

Further details on our sustainability goals and ini tiatives can be found at www.coca-colahellenic.com

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Pioneering energy- efficient technology to reduce Hellenic’s carbon footprint

Combined Heat & Power Plants

Dunaharaszti Plant, Hungary

• 43% reduction of CO2 omissions

• Energy cost savings of €400,000 p.a.

• 15 energy-efficient power plants across 12 countries of operation

• Plants will be operational by end 2009

• 85%-95% energy efficiency compared with 30%-60% using conventional forms of energy

• Each plant expected to lead to 40% reduction in CO 2 emissions of bottling facility

• Expected energy cost savings

Initiative is expected to reduce Hellenic’s overall CO2 emissions by more than 20%

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Hellenic’s proven business model supports attractive long-term growth prospects

Long-Term Growth Guidance

5%-6%

11%-13%

Low to mid teens

Volume

EBIT

EPS

• ROIC improvement of approximately 75 basis points per annum

- Broad geographic spread

- good exposure to high growth markets

- Diverse and growing brand portfolio

- Unrivalled marketplace execution

- Investing capital for growth (SAP, coolers, capacity)

- Leadership in sustainable development

Page 21: “Uniquely Positioned for Continued Success” · “Uniquely Positioned for Continued Success” ... Sprite Zero, FantaFree Sparkling beverages 63% T a 4 % Juice 11% Water 21% Combined,

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Agenda

• Coca-Cola Hellenic at a glance

• Further growth opportunities for Hellenic

• Growing sustainably

• Latest financials

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Q1 2008 P&L Highlights

EURO (million) Q1 2008 Q1 20072008 vs

2007

Volume (million u.c.) 428.8 402.3 +7%

Net Sales Revenue 1,372.7 1,255.4 +9%

Gross Profit 542.2 486.9 +11%

Operating Expenses 475.7 426.7 +11%

Operating Profit (EBIT) 66.5 60.2 +10%

Net Profit 28.1 25.4 +11%

EBITDA 155.6 144.5 +8%

Gross Profit Margin 39.5% 38.8%EBIT Margin 4.8% 4.8%

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Q1 2008 Gross Profit

EURO (million) Q1 2008 Q1 20072008 vs

2007

Net Sales Revenue 1,372.7 1,255.4 +9%

Cost of Sales (830.5) (768.5) +8%

Gross Profit 542.2 486.9 +11%

• Net sales revenue per unit case was up by 8 cents, 3% vs Q1 2007

• Cost of sales per unit increased by 3 cents, 1% vs Q1 2007

• Gross profit per unit case increased by 5 cents, 4% vs Q1 2007Gross profit margin increased to 39.5% from 38.8% (an increaseof 70 bps versus last year)

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Q1 2008 Operating Expenses per unit case

EUROQ1 2008 Q1 2007

2008 vs 2007

Sales 0.42 0.41 2%

Marketing 0.15 0.14 7%

Warehouse / Distribution 0.32 0.30 7%

Administration 0.22 0.21 5%

Total operating expenses

1.11 1.06 5%

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Q1 2008 Net Profit

EURO (million)Q1 2008 Q1 2007

2008 vs 2007

Operating profit (EBIT) 66.5 60.2 +10%

Finance costs & other (23.7) (20.0) +19%

Profit before tax 42.8 40.2 +6%

Tax (11.5) (12.6) -9%

Minority interests (3.2) (2.2) +45%

Net Profit 28.1 25.4 +11%

Earnings per Share (in euros) 0.08 0.07 +14%

Page 26: “Uniquely Positioned for Continued Success” · “Uniquely Positioned for Continued Success” ... Sprite Zero, FantaFree Sparkling beverages 63% T a 4 % Juice 11% Water 21% Combined,

Thank you

For further information on Coca-Cola Hellenic please visit our website at: www.coca-colahellenic.com

or contactInvestor Relations at

[email protected]+30.210.6183 100