5/23/2001 13:00 

On 23 May 2001 KonkurrenceStyrelsen (the Danish competition authority) approved Carlsberg Breweries A/S' take over of the Coca-Cola Tapperierne A/S in Denmark, previously owned by Coca-Cola Nordic Beverages a/s (CCNB).

With the Danish approval the groundwork is laid for the implementation of the practical aspects of the division of CCNB. The winding-up of CCNB will happen during year 2002.

On 14 February this year The Coca-Cola Company and Carlsberg A/S reached an agreement regarding a division of CCNB's bottling operations. The agreement was subject to approval by the relevant competition authorities.

Carlsberg Danmark A/S, a subsidiary of Carlsberg Breweries A/S, is looking at the possibilities of a closer co-operation between Coca-Cola Tapperierne and the Danish beer activities which is expected to result in synergy effects of approx. DKK 60 - 70 millions.

Carlsberg Breweries has also bought the activities in the Finnish sales company Coca-Cola Juomat and they will be integrated into the Carlsberg Breweries owned Sinebrychoff brewery, which already bottled and distributed Coca-Cola products for the Finnish market.

CCNB has sold the Icelandic franchise bottler Vifilfell to local investors.

Finally The Coca-Cola Company buys the Swedish and Norwegian Coca-Cola activities at the same time.

Further information:

Public Affairs Director
Margrethe Skov
+ 45 33 27 14 10

Executive Vice President
Nils Smedegaard Andersen
+ 45 33 27 20 80