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FOR IMMEDIATE RELEASE
COCA-COLA ENTERPRISES INC. SELECTS
UTENDAHL CAPITAL PARTNERS, L. P.
TO MANAGE DEBT TRANSACTION
ATLANTA, September 14, 1999 - Coca-Cola Enterprises
Inc. announced today that it has selected Utendahl Capital
Partners, L. P. to lead manage an upcoming intermediate debt
transaction. Co-managers will be Deutsche Banc Alex. Brown
and The Williams Capital Group, L. P.
Coca-Cola Enterprises long-term debt is rated A+ by
Standard & Poor's, A-3 by Moody's Investors Service and A+
by Fitch IBCA. On September 9, 1999, Standard & Poor's
placed the long-term debt of Coca-Cola Enterprises on Credit
Watch with negative implications. Standard & Poor's
affirmed its short-term ratings of Coca-Cola Enterprises at
A-1.
Coca-Cola Enterprises Inc. (NYSE: CCE) is the world's
largest marketer, distributor, and producer of bottle and can
liquid nonalcoholic refreshment. Coca-Cola Enterprises sells
approximately 74 percent of The Coca-Cola Company's bottle
and can volume in North America and is the sole licensed
bottler for products of The Coca-Cola Company in Belgium,
France, Great Britain, Luxembourg, and the Netherlands.
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