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Company Statement: Central European Distribution Corporation signs binding agreement to increase its ownership in the Russian Alcohol Group, the leading vodka producer in Russia

( April 24, 2009, 17:00 GMT | Official Statement) -- Extract: Central European Distribution Corporation (Nasdaq: CEDC) today announced that it has signed binding agreements with Lion Capital LLP ("Lion") and certain of Lion's affiliates to increase CEDC’s ownership in the Russian Alcohol Group ("Russian Alcohol"), the leading vodka producer in Russia, including an agreement regarding the acquisition by CEDC of the controlling stake in Russian Alcohol.Bala Cynwyd, Pennsylvania, April 24, 2009: Central European Distribution Corporation (Nasdaq: CEDC) today announced that it has signed binding agreements with Lion Capital LLP ("Lion") and certain of Lion's affiliates to increase CEDC’s ownership in the Russian Alcohol Group ("Russian Alcohol"), the leading vodka producer in Russia, including an agreement regarding the acquisition by CEDC of the controlling stake in Russian Alcohol. This new agreement replaces the prior agreement entered into between CEDC and Lion Capital on July 9, 2008....

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