Transaction in Own Shares

FOR IMMEDIATE RELEASE

Coca-Cola HBC AG

Transaction in own shares

Zug, Switzerland - 26 February 2019 - Coca-Cola HBC AG ("Company") announces that it purchased the following number of its ordinary shares of 6.70 CHF each ("ordinary shares") on the London Stock Exchange through Credit Suisse Securities (Europe) Limited ("Credit Suisse") as part of its share purchase programme announced on Monday 3 December 2018:

The repurchased ordinary shares will be either cancelled upon receiving approval from the Company's shareholders and subsequent implementation of a capital decrease or be used to meet the requirements of the Company's employee incentive scheme. Until such approval is obtained or the shares are used to meet such requirements, the repurchased ordinary shares will be held in treasury.

As at 26 February 2019, the Company's issued share capital consisted of 371,917,229 ordinary shares, of which 3,558,257 ordinary shares are held by Coca-Cola HBC AG (including the repurchased shares) and 3,430,135 ordinary shares are held by its subsidiary, Coca-Cola HBC Services MEPE, in treasury. Therefore the total number of voting rights in the Company is 364,928,837 which may be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Since announcing the share purchase programme on Monday 3 December 2018, the Company has purchased 3,543,332 of its ordinary shares.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), a full breakdown of the transactions made by Credit Suisse on behalf of the Company as part of the share purchase programme is attached to this announcement.

http://www.rns-pdf.londonstockexchange.com/rns/1150R_1-2019-2-26.pdf

Enquiries

About Coca‑Cola HBC

Coca-Cola HBC is a leading bottler of The Coca-Cola Company with an annual sales volume of more than 2 billion unit cases. It has a broad geographic footprint with operations in 28 countries serving a population of more than 600 million people. Coca-Cola HBC offers a diverse range of primarily non-alcoholic ready-to-drink beverages in the sparkling, juice, water, sport, energy, tea and coffee categories. Coca-Cola HBC is committed to promoting sustainable development in order to create value for its business and for society. This includes providing products that meet the beverage needs of consumers, fostering an open and inclusive work environment, conducting its business in ways that protect and preserve the environment and contribute to the socio-economic development of the local communities. Coca-Cola HBC has been listed in the Dow Jones Sustainability Indices since 2008, and ranked among the top beverage companies in the Global and European indices for the past five years. Coca-Cola HBC is also included in the FTSE4Good Index, rated "AAA" on the MSCI ESG index, rated "A" for Climate and Water by CDP and listed on the Sustainalytics and Vigeo rankings.

Coca-Cola HBC has a premium listing on the London Stock Exchange (LSE: CCH) and its shares are listed on the Athens Exchange (ATHEX: EEE). For more information, please visit http://www.coca-colahellenic.com.

Important notice relating to Credit Suisse

Credit Suisse, which is regulated by the Financial Conduct Authority in the UK, is acting exclusively for the Company and no one else in connection with the matters set out in this announcement and will not be responsible to any person other than the Company for providing the protections afforded to clients of Credit Suisse, nor for providing advice in relation to the content of this announcement or any matter referred to herein. Neither Credit Suisse nor any of its subsidiaries, branches or affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Credit Suisse in connection with this announcement, any statement contained herein or otherwise.