CEDC PROMOTES EXPANSION

The CEDC (Central European Distribution Corp.), the largest vodka producer, importer, and distributor in Poland, announced yesterday that they have finished acquiring various distributorships in the country for an overall sum of $1.2 million. This will raise their net sums from $906 - $931 million to $931 - $956 million. William Carey, President and CEO of CEDC, said, "There continues to be great interest from distributors in joining the CEDC group as the spirit market is continuing to go through rapid consolidation. CEDC is taking the lead in this consolidation as we continue to explore opportunities in acquiring both new brands and alcohol distributors as per our management objectives for 2006."