Coca-Cola Reaffirms Forecast; Extends CEO Contract

Coca-Cola Enterprises

today will discuss its plans and outlook with analysts and investors at the Barclays Back-To-School Conference in Boston at 12:45 p.m. ET. The public can access the presentation through our website, www.cokecce.com. John F. Brock, chairman of the board and chief executive officer, and Bill Douglas, executive vice president and chief financial officer, will deliver the remarks. In the presentation, CCE will affirm its current 2012 full-year guidance. This guidance calls for comparable earnings per diluted share in a range of $2.18 to $2.24, including the expected negative impact of currency translation. The company also expects net sales and operating income growth in a mid-single-digit range, both on a comparable and currency neutral basis. This guidance includes the impact of the French excise tax increase. CCE today announced the Board of Directors and chairman and chief executive officer John F. Brock have agreed to extend his employment term through 2014.