COCA-COLA HBC A.G. - THIRD QUARTER 2017 TRADING UPDATE

THIRD QUARTER 2017 TRADING UPDATE

CONTINUING TO DELIVER EXCELLENT REVENUE GROWTH

Coca-Cola HBC AG a leading bottler of the brands of The Coca-Cola Company today announces its 2017 Q3 trading update.

Third quarter highlights

• Excellent revenue performance with FX-neutral revenue growth of 6.0%
• Strong quarter for volume growth up 3.4% with good broad-based improvements from all three segments

-   Established markets segment volume increased by 2.2% driven by our Southern European countries and supported by good weather

-   Developing markets segment volume increased by 5.1% with particularly strong growth in Hungary and the Czech Republic and stabilisation in Poland

-   Emerging markets segment volume increased by 3.5% with strong growth in Romania Serbia and Ukraine. Volumes were stable in Russia while Nigeria declined following significant price increases

• FX-neutral revenue per case growth of 2.5% in the quarter with continuing progress in all three segments

-   Established markets FX-neutral revenue per case grew by 1.1% supported by our continued focus on growing revenue faster than volume and the emergence of a more inflationary environment

-   In the Developing markets FX-neutral revenue per case grew by 2.1% with a moderation from the first half price/mix trends as expected

-   Emerging markets FX-neutral revenue per case grew by 4.2% driven by price increases taken earlier in the year and improvements in category and package mix

¹                    For details on Alternative Performance Measures (‘APMs') refer to ‘Alternative Performance Measures' and ‘Definitions and reconciliations of APMs' sections.

Michalis Imellos Acting CEO and Group CFO commented:

“We are very pleased with the strong revenue delivery in the quarter well balanced between broad-based volume growth and substantial price/mix improvement. We go into the final quarter encouraged by our progress and confident in delivering on our expectations for the full year.”