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August 9, 2002

Central European Distribution Corporation To Host Its Second Quarter Conference Call On The Internet

Sarasota, Florida: Central European Distribution Corporation, will have its second quarter conference call on Tuesday, August 13, 2002 at 11:00 a.m. Eastern Time. The conference call will be broadcast live over the internet. William Carey, Chairman and Chief Executive Officer, and Neil Crook, Vice President and Chief Financial Officer, invite you to listen to their discussion of second quarter results.

To listen to the call live, you must go to the following web cast at least fifteen minutes early in order to register. You can then download and install any necessary audio software. For those who cannot listen to the live broadcast, a replay of the discussion will be available shortly after the call. Also, people listening to the call live will be able to ask questions via e-mail by sending their request to cedc@ced-c.com .

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

(Minimum Requirements to listen to broadcast: The Windows Media Player software, downloadable free from http://www.microsoft.com/windows/windowsmedia/EN/default.asp and at least a 28.8 kbps connection to the Internet. If you experience problems listening to the broadcast, send an email to webcastsupport@tfprn.com .)

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Contact:
Jim Archbold,
Investor Relations Officer
Central European Distribution Corporation
941-330-1558

Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties that are detailed from time to time in the Company's Securities and Exchange Commission reports.