The International Order Book (IOB) is the London Stock Exchange's dedicated marketplace for trading of the most liquid equity securities of companies with operations in emerging markets. While CEDC is listed on Nasdaq, 100% of its distribution network is in Poland, making it appropriate to join the IOB. A number of other companies with a US listing and business operations in emerging markets, such as MTS and Wimm-Bill-Dann of Russia, trade on the IOB. Counting CEDC, there are now 30 companies with business operations in Central and Eastern Europe trading on the IOB. In 2002, over US$30.5 billion of Central and Eastern European equity securities were traded on the IOB.

William Carey, Chairman and CEO commented that, "This is an important step in improving availability of our shares to investors. Admission to the IOB will substantially increase the trading hours of our shares, and better align them with any company specific news flow."

ING Investment Banking applied on behalf of CEDC for admission to trade on the London International Order Book.

ING Investment Banking is the investment banking division of ING Bank N.V.

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 52 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, Jose Cuervo Tequila, Sutter Home, Torres, Mondavi and Concha y Toro wines, Corona, Beck's, Foster's, Budweiser Budvar and Guinness Stout beers.

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