Coca-Cola HBC AG (“Coca-Cola HBC”) today announces that it has submitted on 17 May 2013 an application to the Hellenic Capital Market Commission (the “HCMC”) to initiate a squeeze-out process pursuant to article 27 of Greek Law 3461/2006 following the successful completion of its offer (the “Offer”) for all registered shares of Coca-Cola Hellenic Bottling Company S.A. (the “Coca-Cola Hellenic Shares”). Upon completion of the squeeze-out, Coca-Cola HBC will compulsorily acquire the 11,544,493 Coca-Cola Hellenic Shares that it did not acquire in the Offer.

The consideration payable in the squeeze-out will be, at the election of each holder of Coca-Cola Hellenic Shares subject to the squeeze-out, either (a) one new Coca-Cola HBC ordinary registered share (“Coca-Cola HBC Share”) in one of the forms available in the Offer, or (b) €13.58 in cash, reduced by the applicable transfer tax. Holders of Coca-Cola Hellenic Shares subject to the squeeze-out should note that if they do not make an election or if they elect to receive Coca-Cola HBC Shares in the Greek dematerialised securities system but do not authorise their operators to receive the Coca-Cola HBC Shares, they will receive, for each Coca-Cola Hellenic Share, one Coca-Cola HBC Share delivered for their account to the Greek Loans and Consignments Fund.

Details of the buy-out procedure will be announced by Coca-Cola HBC upon approval of its request by the HCMC.