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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 3)*

CENTRAL EUROPEAN DISTRIBUTION CORPORATION

(Name of Issuer)

Common Stock, $.01 par value

(Title of Class of Securities)

153435-10-2

                                (CUSIP Number)                                

December 31, 2003

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

¨ Rule 13d-1(c)

x Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No. 153435-10-2 13G Page 1 of 3 Pages

1.	NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)             Jeffrey K. Peterson
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)  ¨ (b)  ¨             Not Applicable
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF ORGANIZATION             United States

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH   5.    SOLE VOTING POWER         618,105   6.    SHARED VOTING POWER   7.    SOLE DISPOSITIVE POWER         618,105   8.    SHARED DISPOSITIVE POWER

9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON             618,105
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ¨
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9             5.74%
12.	TYPE OF REPORTING PERSON*             IN

*SEE INSTRUCTIONS BEFORE FILLING OUT!

CUSIP No. 153435-10-2 13G Page 2 of 3 Pages

Item 1(a).	Name of Issuer: Central European Distribution Corporation
Item 1(b).	Address of Issuer’s Principal Executive Offices: Palm Tower Building 1343 Main Street, Suite 301 Sarasota, FL 34236
Item 2(a).	Name of Person Filing: Jeffrey K. Peterson
Item 2(b).	Address of Principal Business Office, or if None, Residence: 1707 Waldemere Street Sarasota, FL 34239
Item 2(c).	Citizenship: United States Citizen
Item 2(d).	Title of Class of Securities: Common Stock par value $0.01 (the “Shares”)
Item 2(e).	CUSIP Number:     153435-10-2
Item 3.	If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: Not Applicable

CUSIP No. 153435-10-2 13G Page 3 of 3 Pages

Item 4. Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a) Amount beneficially owned:

As of December 31, 2003: Mr. Peterson was the beneficial owner of 618,105 Shares, consisting of 573,105 Shares of the Issuer’s Common Stock and options to purchase 45,000 Shares of the Issuer’s Common Stock that may be acquired within 60 days of December 31, 2003.

(b) Percent of class:

As of December 31, 2003: The 618,105 Shares owned by Mr. Peterson constituted 5.74% of the Shares outstanding.

(c) Number of shares as to which such person has:

(i) Sole power to vote or to direct the vote:

Mr. Peterson has the sole power to vote or direct the vote as to the 618,105 Shares owned by him.

(ii) Shared power to vote or to direct the vote: N/A

(iii) Sole power to dispose or to direct the disposition of:

Mr. Peterson has the sole power to dispose or to direct the disposition of the 618,105 Shares owned by him.

(iv) Shared power to dispose or to direct the disposition of: N/A

Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities check the following ¨.

Not Applicable

Item 6.	Ownership of More Than Five Percent on Behalf of Another Person.
	Not Applicable.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable.
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable.
Item 9.	Notice of Dissolution of Group.
	Not Applicable.
Item 10.	Certifications.
	Not Applicable.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Amendment No. 3 to Schedule 13G is true, complete and correct.

February 6, 2004	/s/    Jeffrey K. Peterson
	Jeffrey K. Peterson

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties for whom copies are to be sent.

Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001).