Central European Distribution Corporation http://www.alacrastore.com/company-snapshot/Central_European_Distribution_Corporation-2003129 Friday, July 25, 2008 11:28:45 PM 2003129 Central European Distribution Corporation en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/newstex/BW-0001-26710988newstex/BW-0001-26710988xml Jul. ##, #### (Business Wire) -- Four free stock picks are being made available today on Zacks.com. The industrya€™s leading independent research firm highlights one Zacks ## Rank Strong Buy or a Zacks ## Rank Buy stock for each of...040000000400900004016000040160010401604804002000040020047/16/2008 4:15:47 PM1800000018008000180060001800400019000000190030001900200019002007Business WireBW-0001-26710988CENTRAL EUROPEAN DISTRIBUTION CORPMDU RESOURCES GROUP INCWATSON WYATT & CO HOLDINGSCEDCMDUMDURPWWNewsNewstexhttp://www.alacrastore.com/storecontent/newstex/PRN-0005-26547530newstex/PRN-0005-26547530xml BALA CYNWYD, Pa., Jul. #, #### (PRNewswire-FirstCall delivered by Newstex) -- Central European Distribution Corporation (Nasdaq: CEDC) today announced that is has closed its strategic investment in the Russian Alcohol Group ("Russian...11000000110090000100000001021000040000000401600004016005040160180401600104016052040160030401300004013001040070000400700811006000110060040200000002002000020020067/9/2008 5:16:17 PM18000000180040001801600019000000190020001900200719002006PR Newswire USPRN-0005-26547530BALA CYNWYD CORPCENTRAL EUROPEAN DISTRIBUTION CORPJAMES ARCHBOLDWILLIAM V CAREYBLCYCEDCNewsNewstexhttp://www.alacrastore.com/storecontent/newstex/BW-0001-25975265newstex/BW-0001-25975265xml Jun. ##, #### (Business Wire) -- Four free stock picks are being made available today on Zacks.com. The industrya€™s leading independent research firm highlights one Zacks ## Rank Strong Buy or a Zacks ## Rank Buy stock for each of...04000000040090000401600004016048040160186/13/2008 3:16:00 PM180000001800400019000000190030001900200019002007Business WireBW-0001-25975265CENTRAL EUROPEAN DISTRIBUTION CORPKNIGHT TRADING GROUP INCTERRA INDUSTRIES INCWILLIAMS COMPANIES INCCEDCNITETRAWMBNewsNewstexRUSSIA - Central European Distribution Corp {CEDC} was granted an option to acquire the remaining ##% interest, which it did not already own, in Russian Alcohol CJSC Group (RA), a producer of alcoholic beverages, from Lion Capital LLP (LC) and Promyshlennye Investory Ltd. The transaction was subject to regulatory approval. Concurrently, an investor group, comprised of LC, CEDC and Goldman Sachs Group Inc, agreed to acquire a ##% interest in RA.5/28/2008 1:40:55 PM15343566928Y15343546035RCentral European Distribution CorpRussian Alcohol CJSC GroupCentral European Distribution CorpPromyshlennye Investory Ltdhttp://www.alacrastore.com/storecontent/Thomson_M%26A/Central_European_Distn_Corp_acquires_Russian_Alcohol_CJSC_Group_from_Promyshlennye_Investory_Ltd-1981115040sdc/19811150401981115040Copyright © 2008, Thomson Financial, All Rights ReservedNasdaqFood and Kindred ProductsUnited StatesMalt beverages2082PAPennsylvaniaPublicCEDC2082:Malt beverages2083:Malt2084:Wines, brandy, and brandy spirits2085:Distilled and blended liquors5181:Beer and ale5182:Wine and distilled alcoholic beverages5921:Liquor stores2082:Malt beverages2083:Malt2084:Wines, brandy, and brandy spirits2085:Distilled and blended liquors5181:Beer and ale5182:Wine and distilled alcoholic beverages5921:Liquor storesDewey & LeBoeuf LLPFood and Kindred ProductsRussian FedDistilled and blended liquors2085FFForeignSubsidiary449996001Produce,whl,ret alcoholPvd invest mgmt svcsUnspecifiedStock117341001May 28 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.0000020.0000021.0000022.0000023.0000024.0000025.0000026.00000Central European DistributionCorp produces, wholesale, andretails alcoholic andnon-alcoholic beveragesincluding spirits, wine andbeer. The company isheadquartered in Bala Cynwyd,Pennsylvania. The company'sproducts include Guinness,Corona, Foster's, Beck'sPilsner, Bitburger andBudweiser Budvar, specialtyliquors such as JohnnieWalker, Smirnoff, Bacardi,Ballantines, Absolwent,Zubrowska, Bols and SoplicaBrands, the company wholesalesspirit products, includingleading international brandsof scotch, single malt andother whiskeys, rums,bourbons, Polish vodkas,tequilas, gins, brandy,cognacs, vermouths andspecialty liquors. The companywas founded in 1990.Central European Distribution Corp produces, wholesale, andretails alcoholic and non-alcoholic beverages includingspirits, wine and beer. The company is headquartered in BalaCynwyd, Pennsylvania. The company's products includeGuinness, Corona, Foster's, Beck's Pilsner, Bitburger andBudweiser Budvar, specialty liquors such as Johnnie Walker,Smirnoff, Bacardi, Ballantines, Absolwent, Zubrowska, Bolsand Soplica Brands, the company wholesales spirit products,including leading international brands of scotch, singlemalt and other whiskeys, rums, bourbons, Polish vodkas,tequilas, gins, brandy, cognacs, vermouths and specialtyliquors. The company was founded in 1990.Central European Distribution Corp produces, wholesale, and retails alcoholic and non-alcoholic beverages including spirits, wine and beer. The company is headquartered in Bala Cynwyd, Pennsylvania. The company's products include Guinness, Corona, Foster's, Beck's Pilsner, Bitburger and Budweiser Budvar, specialty liquors such as Johnnie Walker, Smirnoff, Bacardi, Ballantines, Absolwent, Zubrowska, Bols and Soplica Brands, the company wholesales spirit products, including leading international brands of scotch, single malt and other whiskeys, rums, bourbons, Polish vodkas, tequilas, gins, brandy, cognacs, vermouths and specialty liquors. The company was founded in 1990.1.000002.000003.000004.00000Russian Alcohol CJSC Group,located in Russia, producesalcoholic beverages includingvodka.Russian Alcohol CJSC Group, located in Russia, producesalcoholic beverages including vodka.Russian Alcohol CJSC Group, located in Russia, produces alcoholic beverages including vodka.0.000000.000000.000000.00000Y22 May 08Thu, 22 May 2008 00:00:00 ESTDate Announced: 05/22/2008Date Effective:MergerFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.000000.000000.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.0000040.0000060.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.00000RUSSIA - Central EuropeanDistribution Corp {CEDC} wasgranted an option to acquirethe remaining 60% interest,which it did not already own,in Russian Alcohol CJSC Group(RA), a producer of alcoholicbeverages, from Lion CapitalLLP (LC) and PromyshlennyeInvestory Ltd. The transactionwas subject to regulatoryapproval. Concurrently, aninvestor group, comprised ofLC, CEDC and Goldman SachsGroup Inc, agreed to acquire a90% interest in RA.RUSSIA - Central European Distribution Corp {CEDC} was granted an option to acquire the remaining 60% interest, which it did not already own, in Russian Alcohol CJSC Group (RA), a producer of alcoholic beverages, from Lion Capital LLP (LC) and Promyshlennye Investory Ltd. The transaction was subject to regulatory approval. Concurrently, an investor group, comprised of LC, CEDC and Goldman Sachs Group Inc, agreed to acquire a 90% interest in RA.RUSSIA - Central European Distribution Corp {CEDC} was granted an option to acquire theremaining 60% interest, which it did not already own, in Russian Alcohol CJSC Group (RA),a producer of alcoholic beverages, from Lion Capital LLP (LC) and Promyshlennye InvestoryLtd. The transaction was subject to regulatory approval. Concurrently, an investor group,comprised of LC, CEDC and Goldman Sachs Group Inc, agreed to acquire a 90% interest in RA.RUSSIA - Central European Distribution Corp {CEDC} was granted an option to acquire the remaining 60% interest, which it did not already own, in Russian Alcohol CJSC Group (RA), a producer ofalcoholic beverages, from Lion Capital LLP (LC) and Promyshlennye Investory Ltd. The transaction was subject to regulatory approval. Concurrently, an investor group, comprised of LC, CEDC and GoldmanSachs Group Inc, agreed to acquire a 90% interest in RA.RUSSIA - Central European Distribution Corp {CEDC} was granted an option to acquire the remaining 60% interest, which it did not alreadyown, in Russian Alcohol CJSC Group (RA), a producer of alcoholic beverages, from Lion Capital LLP (LC) and Promyshlennye Investory Ltd.The transaction was subject to regulatory approval. Concurrently, an investor group, comprised of LC, CEDC and Goldman Sachs Group Inc,agreed to acquire a 90% interest in RA.$ 0.000 - Citi - Adv$ 0.000 - Renaissance Capital Group - Adv0.000000.00000CitiRenaissance Capital Group1.000002.00000Intended0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Intended-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000002085:Distilled and blended liquors449996001NasdaqUnited States2082PennsylvaniaPublicCEDC6282:Investment advice6722:Management investment offices, open-end6726:Investment offices, nec6799:Investors, nec781203001Russian Fed6282ForeignPrivate0.000000.000000.000000.00000Deal InformationThomson Financial Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/newstex/PRN-0005-25537177newstex/PRN-0005-25537177xml BALA CYNWYD, Pa., May ##, #### (PRNewswire-FirstCall delivered by Newstex) -- Central European Distribution Corporation (Nasdaq: CEDC) today announced that it has closed its acquisition of a ##.#% voting interest and a ##% economic...10000000100030000400000004016000040160050401601804016001040160520401600304016013040130000401300104007000040070050200000002002000020020061100000011006000110060045/26/2008 1:16:50 PM1800000018016000180040001801500019000000190020001900200719002006PR Newswire USPRN-0005-25537177BALA CYNWYD CORPCENTRAL EUROPEAN DISTRIBUTION CORPJAMES ARCHBOLDWILLIAM V CAREYBLCYCEDCNewsNewstexhttp://www.alacrastore.com/storecontent/newstex/PRN-0005-25469219newstex/PRN-0005-25469219xml BALA CYNWYD, Pa., May ##, #### (PRNewswire-FirstCall delivered by Newstex) -- Central European Distribution Corporation (Nasdaq: CEDC) today announced that is has signed a binding commitment for a strategic investment in the Russian...100000001000300004000000040130000401300104007000040070080401600004016005040160011100000011006000110060045/22/2008 10:18:55 AM180000001801600019000000190020001900200719002006PR Newswire USPRN-0005-25469219BALA CYNWYD CORPCENTRAL EUROPEAN DISTRIBUTION CORPJAMES ARCHBOLDWILLIAM V CAREYBLCYCEDCNewsNewstexhttp://www.alacrastore.com/storecontent/ccbn/T1835330ccbn/T1835330norm...Good day, and welcome to the CEDC first quarter #### earnings conference call. Today's call is being recorded. At this time, for opening remarks and introductions, I would like to turn the call over to the Director of Investor Relations, Mr. James Archbold. Please go ahead, sir. ... 4/30/2008 11:05:00 PMCentral European Distribution54.0000FinalQ1 2008 Central European Distribution Earnings Conference Call TranscriptCEDC4:30pm ETTranscriptT1835330Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/newstex/PRN-0005-24921497newstex/PRN-0005-24921497xml BALA CYNWYD, Pa., April ##, Apr. ##, #### (PR Newswire delivered by Newstex) -- BALA CYNWYD, Pa., April ## /PRNewswire-FirstCall/ -- Central European Distribution Corporation (Nasdaq: CEDC) today announced its results for the first...11000000110090000400000004016000040160030401601804016001040160520401600504007000040070050400900004009003040130000401300111006000110060044/30/2008 5:16:44 PM18000000180040001801600019000000190020001900200719002006PR Newswire USPRN-0005-24921497BALA CYNWYD CORPCENTRAL EUROPEAN DISTRIBUTION CORPJAMES ARCHBOLDWILLIAM V CAREYBLCYCEDCNewsNewstexhttp://www.alacrastore.com/storecontent/newstex/PRN-0005-24903901newstex/PRN-0005-24903901xml BALA CYNWYD, Pa., April ##, Apr. ##, #### (PR Newswire delivered by Newstex) -- BALA CYNWYD, Pa., April ## /PRNewswire-FirstCall/ -- Central European Distribution Corporation (Nasdaq: CEDC) will have its first quarter #### earnings...040000000401600004016001040160180401604804013000040130014/30/2008 8:17:06 AM18000000180040001800800019000000190020001900200719002006PR Newswire USPRN-0005-24903901BALA CYNWYD CORPCENTRAL EUROPEAN DISTRIBUTION CORPJAMES ARCHBOLDWILLIAM V CAREYBLCYCEDCNewsNewstexhttp://www.alacrastore.com/storecontent/newstex/PRN-0005-24766927newstex/PRN-0005-24766927xml BALA CYNWYD, Pa., April ##, Apr. ##, #### (PR Newswire delivered by Newstex) -- BALA CYNWYD, Pa., April ## /PRNewswire-FirstCall/ -- Central European Distribution Corporation (Nasdaq: CEDC) will have its first quarter #### earnings...040000000401600004016001040160180401604804013000040130014/24/2008 5:17:17 PM18000000180040001800800019000000190020001900200719002006PR Newswire USPRN-0005-24766927BALA CYNWYD CORPCENTRAL EUROPEAN DISTRIBUTION CORPJAMES ARCHBOLDWILLIAM V CAREYBLCYCEDCNewsNewstexhttp://www.alacrastore.com/storecontent/spcred/640317spcred/640317normThe latest Summary from S&P4/1/2008 8:29:35 AMSummary175global640317United StatesDistillers & VintnersUnited StatesGlobal IssuersCorporationsConsumer ProductsSummaryThe ratings on Central European Distribution Corp. (CEDC), a leading distributor and producer of alcoholic beverages in Poland, are constrained by the company's still-limited product and geographic diversity and its highly leveraged profile resulting from an ambitious growth strategy and opportunistic acquisitions. The rating is further constrained by the company's participation in Poland's highly competitive and fragmented--albeit consolidating--alcoholic beverage distribution industry. These negative rating factors are partially mitigated by CEDC's established nationwide distribution network and brand portfolio in Poland, its position as the largest vodka producer in the country, and its track record in successfully integrating acquired businesses into existing ones. The company's debt-to-EBITDA ratio was 4.1x at year-end December 2007. CEDC's highly leveraged financial profile primarily is a resultUSA15343530201020 302010 3020 30Central European Distribution Corp.390904USACEDCSUMMARYGLOBISSCORPConsumerCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/bir/952116bir/952116normCentral European Distribution Corp.United StatesWholesale: Importing and distribution of more than 800 brands of beer, spirits, and wines in Poland.518242482017GKCEDC3/29/2008 6:36:00 AM952116Company Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/storecontent/spcred/634629spcred/634629normThe latest News from S&P3/10/2008 10:29:50 AMNews100global634629United StatesDistillers & VintnersUnited StatesGlobal IssuersCorporationsConsumer ProductsNewsLONDON (Standard&Poor's) March 10, 2008--Standard&Poor's Ratings Services said today that it assigned its 'B-' rating to the proposed $310 million senior unsecured convertible bond due 2013 to be issued by Central European Distribution Corp. (CEDC; B+/Stable/--), the leading distributor and producer of alcoholic beverages in Poland. The proceeds from the bond issue are intended to finance part of a planned acquisition of an 85% equity stake in Russian manufacturer of alcoholic beverages, Parliament, and a 75% equity stake in the Whitehall Group, an importer and distributor of premium spirits. The remaining portion of the cost of the acquisitions is expected to be funded by issuing equity. The rating on the bond is two notches lower thanUSA15343530201020 302010 3020 30Central European Distribution Corp.390904USACEDCNEWSGLOBISSCORPConsumerCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/T1769652ccbn/T1769652norm...Good day, everyone. Welcome to the CEDC fourth-quarter and full-year #### earnings conference call. Today's call is being recorded. For opening remarks and introductions I would like to turn the call over to the Director of Investor Relations, Mr. James Archbold. ... 2/28/2008 12:07:00 PMCentral European Distribution54.0000FinalQ4 2007 Central European Distribution Earnings Conference Call TranscriptCEDC8:30am ETTranscriptT1769652Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/moodys/COP_808515399moodys/COP_808515399htmlGlobal Credit Research Credit Opinion ## MAY #### Credit Opinion: Central European Distribution Corporation Central European Distribution Corporation Poland Ratings Category Moody's Rating Outlook Stable Corporate Family Rating B#...1/3/2008 7:55:00 PMhtmlCentral European Distribution CorporationCentral European Distribution Corporation808515399150.0000NewsCredit OpinionCOP_808515399Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/T1679585ccbn/T1679585norm10/31/2007 12:06:00 PMCentral European Distribution54.0000FinalQ3 2007 Central European Distribution Earnings Conference Call TranscriptCEDC8:30am ET...Good day, everyone, and welcome to this CEDC third quarter #### earnings conference. Today's call is being recorded. For opening remarks and introductions I would like to turn call over to the Director of Investor Relations, Mr. James Archibold. Please go ahead. ... TranscriptT1679585Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/spcred/602049spcred/602049normThe latest Full Report from S&P9/14/2007 1:16:00 PMFull Report400global602049United StatesFood DistributorsUnited StatesGlobal IssuersCorporationsConsumer ProductsFull ReportLeading market position in alcohol distribution and vodka production in Poland; Vertical integration between the two businesses; and Well-established brand portfolio. Exposure to the mature Polish vodka market; Aggressive growth strategy that results in a highly leveraged financial profile; and Long-term risk of profit decline in alcohol distribution because of increasing consolidation of Polish retailers. The rating on Central European Distribution Corp. (CEDC), a leading distributor and producer of alcoholic beverages in Poland, is constrained by the company's exposure to the mature vodka market, given its limited geographic and product diversity, and by its current highly leveraged profile resulting from an ambitious growth strategy and opportunistic acquisitions. CEDC's EBITDA interest coverage ratio was 2.6x annualized in the second quarter ofUSA15343530101020 301010 3010 30Central European Distribution Corp.390904USACEDCUSFULLGLOBISSCORPConsumerCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/602054spcred/602054normThe latest Summary from S&P9/14/2007 1:16:00 PMSummary175global602054United StatesFood DistributorsUnited StatesGlobal IssuersCorporationsConsumer ProductsSummaryThe rating on Central European Distribution Corp. (CEDC), a leading distributor and producer of alcoholic beverages in Poland, is constrained by the company's exposure to the mature vodka market, given its limited geographic and product diversity, and by its current highly leveraged profile resulting from an ambitious growth strategy and opportunistic acquisitions. CEDC's EBITDA interest coverage ratio was 2.6x annualized in the second quarter of 2007. The rating is further constrained by the company's participation in Poland's highly competitive alcoholic beverage distribution industry. These negative rating factors are partially mitigated by CEDC's nationwide distribution network in Poland and its position as the largest vodka producer in the country. CEDC's highly leveraged financial profile follows from the acquisitions of the twoUSA15343530101020 301010 3010 30Central European Distribution Corp.390904USACEDCUSSUMMARYGLOBISSCORPConsumerCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/600907spcred/600907normThe latest News from S&P9/10/2007 3:32:00 PMNews100global600907United StatesFood DistributorsUnited StatesGlobal IssuersCorporationsConsumer ProductsNewsLONDON (Standard&Poor's) Sept. 10, 2007--Standard&Poor's Ratings Services said today it raised its long-term corporate credit rating on Poland-based distributor and producer of alcoholic beverages Central European Distribution Corp. (CEDC) to 'B+' from 'B'. The outlook is stable. At the same time, the debt rating on CEDC's €260 million 8% senior secured notes due 2012 was raised to 'B' from 'B-'. This rating is one notch lower than the corporate credit rating to reflect prior-ranking liabilities in the capital structure. "The upgrade primarily reflects the improved profitability of CEDC's operations and the consolidation of the company's position as a distributor in its domestic market, which have resulted in improved credit protection measures," said Standard&Poor's creditUSA15343530101020 301010 3010 30Central European Distribution Corp.390904USACEDCUSNEWSGLOBISSCORPConsumerCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/600908spcred/600908normThe latest Research Update from S&P9/10/2007 3:32:00 PMResearch Update175global600908United StatesFood DistributorsUnited StatesGlobal IssuersCorporationsConsumer ProductsResearch UpdateOn Sept. 10, 2007, Standard&Poor's Ratings Services raised its long-term corporate credit rating on Poland-based distributor and producer of alcoholic beverages Central European Distribution Corp. (CEDC) to 'B+' from 'B'. The outlook is stable. At the same time, the debt rating on CEDC's €260 million 8% senior secured notes due 2012 was raised to 'B' from 'B-'. This rating is one notch lower than the corporate credit rating to reflect prior-ranking liabilities in the capital structure. The upgrade primarily reflects the improved profitability of CEDC's operations and the consolidation of the company's position as a distributor in its domestic market, which have resulted in improved credit protection measures. CEDC's adjusted debt-to-EBITDA ratio was 3.8x (annualized) in the secondUSA15343530101020 301010 3010 30Central European Distribution Corp.390904USACEDCUSRESUPDGLOBISSCORPConsumerCredit & Investment ResearchS&P Credit Research