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Swire Pacific Limited
(Incorporated in Hong Kong with limited liability)

For Immediate Release 29th August 2017

Swire Coca-Cola, USA Acquires Tempe Production Center from
The Coca-Cola Company

DRAPER, UT - August 29, 2017 - Swire Coca-Cola, USA announced today the completion of its acquisition of the Coca-Cola Production Center in Tempe, AZ. The purchase is part of The Coca-Cola Company's refranchising process. Swire Coca-Cola's operation of the production facility commenced August 25th.

The addition of the Tempe Production Center builds on Swire Coca-Cola's growing footprint in the United States. The Utah-based company now operates in 13 western states. Prior to this purchase, Swire Coca-Cola operated four production facilities. This deal increases Swire Coca-Cola's workforce by almost 160 employees.

The Tempe Production Center is one of the largest manufacturers of Coca-Cola products in the United States. The plant operates multiple production lines and manufactures almost 40 million cases of beverages annually.

"The addition of the Tempe Production Center will enhance Swire Coca-Cola's overall operations. Having another manufacturing operation in our franchise territory allows us more control and helps us build upon our excellent customer service standards,"said Jack Pelo, CEO and President of Swire Coca-Cola, USA. "Swire Coca-Cola's amazing growth - we have quadrupled in size in just over three years - is exciting and bodes well for our continued success. We look forward to continuing to provide the world's most refreshing beverages to people across the West."

Swire Coca-Cola, USA is a part of the beverages division for Swire Pacific Limited (HKSE: 00019/00087).

About Swire Coca-Cola, USA
At Swire Coca-Cola, USA we proudly create the magical feelings, special times and great taste of America's favorite beverages. Our commitment to excellence guides our actions with our employees, customers and communities. Swire Coca-Cola, USA produces, sells and distributes Coca-Cola and other beverages, including more than 300 brands across 13 states. The company's territory includes parts of Arizona, California, Colorado, Idaho, Kansas, Nebraska, Nevada, New Mexico, Oregon, South Dakota, Utah, Washington and Wyoming. With over 6,500 employees and headquarters in Draper, Utah, Swire Coca-Cola, USA is a subsidiary of Swire Pacific Limited (HKSE: 00019/00087) (www.swirepacific.com) as part of its beverages division. For more information, visit us at: www.swirecc.com

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Source: Swire Pacific Limited
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