Uniquely Positioned for Continued Success Athens Exchange Greek Roadshow 30 June 1 July 2008 Nik Jhangiani, Chief Financial Officer George Toulantas Investor Relations Manager
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. 2
Agenda Coca-Cola Hellenic at a glance Further growth opportunities for Hellenic Leadership in sustainable development Appendix: Latest financials 3
Coca-Cola Hellenic is the largest Coke bottler in Europe We are the 2 nd largest bottler in revenue terms and the 3 rd 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 Coca-Cola Enterprises Coca-Cola Hellenic Coca-Cola Femsa Coca-Cola Amatil 2007 sales $20.9 BN Mk cap $8.9 BN Enterprise value $18.5 BN 2007 volume approx 3.8 bn uc 2007 sales $9.5 BN Mk cap $11.9 BN Enterprise value $13.8 BN 2007 volume 2.0 bn uc 2007 sales $6.4 BN Mk cap $10.1 BN Enterprise value $11.3 BN 2007 volume 2.1 bn uc 2007 sales $4.1 BN Mk cap $4.8 BN Enterprise value $6.1 BN 2007 volume 0.5 bn uc Source: Bloomberg, Company information Note: Bottlers may not serve 100% of the country area shown on map, Market cap & EV data as of 20 June 2008 4
Volume EBITDA 2001 2002 2003 2004 2005 2006 2007 million u.c. CAGR=9% 1,185 1,268 1,359 1,413 1,578 1,788 2,019 2001 2002 2003 2004 2005 2006 2007 CAGR=14% 496 579 665 726 813 905 1,067 EBIT Return on Invested Capital 2001 2002 2003 2004 2005 2006 2007 million CAGR=20% 231 304 386 435 501 576 703 2001 2002 2003 2004 2005 2006 2007 % 3.9 5.2 7.1 8.5 9.4 10.4 12.2 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. 5
Agenda Coca-Cola Hellenic at a glance Further growth opportunities for Hellenic Leadership in sustainable development Appendix: Latest financials 6
Coca-Cola Hellenic s unique platform for growth Creating economic value for our shareowners Balanced portfolio of countries Diverse product range Unrivalled marketplace execution Disciplined cost management 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 capabilities 7
Broad geographic footprint with exposure to higher growth markets Established Developing Emerging Established markets Developing markets Emerging markets Austria, Cyprus, Greece, Italy, Northern Ireland, Republic of Ireland and Switzerland Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia Armenia, Belarus, Bosnia & Herzegovina, Bulgaria, FYROM, Moldova, Montenegro Nigeria, Romania, Russia, Serbia and Ukraine 2007 Market Split Volume 34% 19% 47% Total = 2,019 MM u.c. Net sales revenue 41% 18% 41% Total = 6.462 MM EBIT 42% 16% 42% Total = 703 MM 58% 8
Broad geographic spread reduces dependency on one particular market 2007 volume by country Other Emerging, 9% Other Developing, 7% Russia, 17% Other Established, 13% Italy, 13% Hungary, 4% Ukraine, 5% Nigeria, 7% Poland, 8% Greece, 8% Romania, 9% 9
Offering a diverse product range for our consumers Water 6% Still beverages 4% Tea 4% Other Still 1% Juice 11% 2001 1,185m u.c Water 21% 2007 2,019m u.c Sparkling beverages 90% Note 1: Includes 100% of Multon and Fresh & Co volume Light/ diet CSDs include Diet/ Light Coca-Cola, Coke Zero, Sprite Zero, Fanta Free Combined, Water and Still beverages represented 37% of total volume sold in 2007 compared with only 10% in 2001 Sparkling beverages 63% 10
Innovation and per capita trends driving growth in sparkling beverages Growth in 2007 (%) Sparkling beverage servings per capita Sparkling beverages Coca-Cola Trademark +8% +8% Light Sparkling beverages +21% Established 54% 36% 37% Developing Emerging 111 Hellenic Pepsi Other 242 264 W. Europe ca. 307 U.S. ca. 742 Source: Canadean (Dec-06), Coca-Cola Hellenic Note: Market shares weighted by population Unparalleled growth potential in our markets as economies strengthen Light sparkling beverages account for 10% of total sparkling volume Coke Zero has now been launched in 19 of our 28 markets and is expected to support growth of light sparkling beverages and the Coke trademark 11
Rapidly expanding into higher value categories Juices and smoothies Water Functional juices and smoothies Avra Herbal water Lilia Emotion Deep RiverRock water flavours Valser Viva flavours Ready-to-drink Tea & Coffee Sport & Energy Drinks illy premium RTD coffee Nestea Vitao range PowerAde PowerAde Fit Burn Aluminium bottle 12
Excellence in marketplace execution Unbeaten at the 4 A s Route-to-Market Availability Affordability Acceptability Activation Leveraging distribution scale Customer-centric Capabilities Selective Vending Channel expansion Amita Motion Energy bars Tsakiris chips Beer distribution Spirits distribution 13
Focus on growing the higher margin immediate consumption channel Increased cooler penetration 2007 Package volume mix Total number of cooler doors millions 0.9 1.1 1.3 1.4 1.6 Immediate Consumption 40% Future Consumption 60% 2003 2004 2005 2006 2007 Cooler doors per 1,000 people Excluding Nigeria Expansion of higher revenue categories Revenue per case index Coca-Cola Hellenic avg. 3.9 2.8 5.0 6.9 100 50 130 130 190 500 Emerging Developing Established Sparkling (excl. Energy) Water Juice RTD Tea Sport Drinks Energy Drinks 14
Disciplined approach to driving cost efficiencies Centralised costs/ support functions Infrastructure rationalisation EU accession opportunities Improved responsiveness from SAP implementation Reduced cost base 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 15
Agenda Coca-Cola Hellenic at a glance Further growth opportunities for Hellenic Leadership in sustainable development Appendix: Latest financials 16
Strong focus on creating economic value for our shareowners 14.0% Economic Profit (RHS) 12.2% 200 ROIC (%) 12.0% 10.0% 8.0% 6.0% 4.0% -325 ROIC (LHS) -110-264 7.1% -35 8.5% 17 60 9.4% 10.4% 140 100 0-100 -200 Economic Profit (EUR MM) 2.0% 0.0% 3.9% 5.2% 2001 2002 2003 2004 2005 2006 2007 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 -300-400 17
While also growing responsibly to support a sustainable business Marketplace Workplace Environment Community 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 Further details on our sustainability goals and initiatives can be found at www.coca-colahellenic.com 18
Pioneering energy-efficient technology to reduce Hellenic s carbon footprint Combined Heat & Power Plants 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 Dunaharaszti Plant, Hungary 43% reduction of CO 2 omissions Energy cost savings of 400,000 p.a. Initiative is expected to reduce Hellenic s overall CO 2 emissions by more than 20% 19
Hellenic s proven business model supports attractive long-term growth prospects - Broad geographic spread Long-Term Growth Guidance - good exposure to high growth markets Volume 5%-6% - Diverse and growing brand portfolio - Unrivalled marketplace execution - Investing capital for growth (SAP, coolers, capacity) - Leadership in sustainable development EBIT EPS 11%-13% Low to mid teens ROIC improvement of approximately 75 basis points per annum 20
Agenda Coca-Cola Hellenic at a glance Further growth opportunities for Hellenic Growing sustainably Latest financials 21
Q1 2008 P&L Highlights EURO (million) Q1 2008 Q1 2007 2008 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% 22
Q1 2008 Gross Profit EURO (million) Q1 2008 Q1 2007 2008 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 2007 Gross profit margin increased to 39.5% from 38.8% (an increase of 70 bps versus last year) 23
Q1 2008 Operating Expenses per unit case 2008 vs EURO Q1 2008 Q1 2007 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% 24
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% 25
Thank you For further information on Coca-Cola Hellenic please visit our website at: www.coca-colahellenic.com or contact Investor Relations at Investor.relations@cchellenic.com +30.210.6183 100