Coca-Cola Enterprises Inc. Reports Third-Quarter 2005 Results.

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Coca-Cola Enterprises Inc. Reports Third-Quarter 2005 Results.

ATLANTA -- Coca-Cola Enterprises (NYSE: CCE)

--North America achieves strong revenue growth with net pricing growth of 4 percent and volume growth of 1 percent.

--Third quarter EPS totaled 40 cents, including expense items of 7 cents.

--2005 cash flow from operations less capital spending expected to total approximately $700 million.

Coca-Cola Enterprises (NYSE: CCE) today reported third-quarter 2005 net income of $192 million, or 40 cents per diluted share. Net income for the first nine months totaled $571 million, or $1.20 per diluted share. Results for the third quarter include expense items totaling 7 cents per share primarily related to restructuring costs in North America and asset write-offs associated with property damage from Hurricane Katrina.

First Third Quarter Nine Months ------------- ----------- 2005 2004 2005 2004 ------ ------ ----- ----- Reported Earnings per Diluted Common Share $0.40 $0.44 $1.20 $1.09 Asset Write-offs (Hurricane Katrina)(a) 0.03 -- 0.03 -- Restructuring Charges 0.04 -- 0.05 -- HFCS Litigation Settlement Proceeds -- -- (0.06) -- Net Favorable Tax Items -- -- (0.08) -- Gain on Asset Sale -- -- (0.01) -- Loss on Equity...

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