Soft drink company Cott Corporation said yesterday that it was advised today by Thomas H. Lee Partners, that parties related to or affiliated with them have distributed 6 million shares of Cott Common Stock to their respective general and limited partners, following the close of business on 19th May 2004.

Cott said it understands that, subject to a limited number of exceptions, the shares distributed are unrestricted and can be immediately resold.

Following this distribution, TH Lee owns, directly or indirectly, approximately 6.7m shares of the company's Stock.