Central European Distribution Corporation Chosen to Enter Exclusive Negotiations to Acquire 61% of Polmos Bialystok

Bala Cynwyd, Pennsylvania: Central European Distribution Corporation, announced today that the Polish Treasury Ministry has entered into exclusive negotiations with CEDC to purchase 61% of the outstanding capital stock of Polmos Bialystok as part of the ongoing privatization of the distillery. The Polish Treasury Ministry has given CEDC until July 1, 2005 to finalize.

William Carey, President and CEO, said, "We are pleased to be chosen by the Polish Treasury Ministry to further the discussions that we began last week. We will continue to discuss the share purchase agreement with the Polish Treasury Ministry and are excited to move to this next stage of negotiation, the goal of which is to sign the share purchase agreement. We look forward to negotiating with the unions and believe we can agree to a fair and equitable package with them. We will also be applying for approval from the anti-monopoly office during this period of exclusivity."

CEDC is one of the leading importers of beers, wines and spirits, as well as the largest distributor of domestic vodka on a nationwide basis, in Poland. The Company operates 13 distribution centers and 78 satellite branches throughout Poland. It distributes many of the world's leading brands in Poland, including brands such as Johnnie Walker Scotch, Stock Brandy, Sutter Home, Torres, Mondavi and Concha y Toro wines, Corona, Foster's, Grolsch, Budweiser Budvar and Guinness Stout beers.

Contact:
Jim Archbold,
Investor Relations Officer
Central European Distribution Corporation
610-660-7817

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the actual results, performance or achievements of CEDC to be materially different from any future results, performance or achievements, expressed or implied, by forward-looking statements. Investors are cautioned that forward- looking statements are not guarantees of future performance and that undue reliance should not be placed on such statements. CEDC undertakes no obligation to publicly update or revise any forward-looking statements or to make any other forward-looking statements, whether as a result of new information, future events or otherwise unless required to do so by the securities laws. Investors are referred to the full discussion of risks and uncertainties included in CEDC's Form 10-K for the fiscal year ended December 31, 2004, and in other periodic reports filed by CEDC with the Securities and Exchange Commission.