Coca-Cola FEMSA Announcement

SOURCE:

Coca Cola FEMSA

2008-08-07 06:00:00

Coca-Cola FEMSA Announcement

Coca-Cola FEMSA Announcement

Coca-Cola FEMSA and The Coca-Cola Company Agreed to Jointly Acquire Colombian Brisa Bottled Water Business From Bavaria, a Subsidiary of SABMiller

MEXICO CITY–(EMWNews – August 7, 2008) – Coca-Cola FEMSA, S.A.B. de C.V. (“Coca-Cola

FEMSA”) (NYSE: KOF) (MXSE: EMWNews.com/mw/http://finance.yahoo.com/q?s=KOFL”>KOFL) and The Coca-Cola Company entered into an

agreement to jointly acquire the Colombian Brisa bottled water business

(including the Brisa brand and production assets) from Bavaria, a

subsidiary of SABMiller.

The closing of the transaction is subject to approval from the Colombian

anti-trust authorities and compliance by both parties with customary

closing conditions.

This transaction will enable us to increase our presence in the water

business and complement our portfolio. Brisa sold 47 million unit cases in

2007 in Colombia.

“Through this acquisition, we will take another important step together

with The Coca-Cola Company. This transaction will expand our product

portfolio to satisfy our consumers’ preferences, reinforce our water

strategy and continue to deliver value for our shareholders,” said Jose

Antonio Fernandez Carbajal, Chairman of the Board of Coca-Cola FEMSA and

FEMSA.

The purchase price, which will be shared equally by Coca-Cola FEMSA and The

Coca-Cola Company, is US$92 million. The parties have also agreed to

customary arrangements regarding the performance of the business between

signing and closing.

Coca-Cola FEMSA, S.A.B. de C.V. produces and distributes Coca-Cola, Sprite,

Fanta, Lift and other trademark beverages of The Coca-Cola Company in

Mexico (a substantial part of central Mexico, including Mexico City and

southeast Mexico), Guatemala (Guatemala City and surrounding areas),

Nicaragua (nationwide), Costa Rica (nationwide), Panama (nationwide),

Colombia (most of the country), Venezuela (nationwide), Brazil (greater São

Paulo, Campiñas, Santos, the state of Mato Grosso do Sul, part of the state

of Goias and Minas Gerais) and Argentina (federal capital of Buenos Aires

and surrounding areas), along with bottled water, beer and other beverages

in some of these territories. The Company has 31 bottling facilities in

Latin America and serves over 1,500,000 retailers in the region. The

Coca-Cola Company owns a 31.6% equity interest in Coca-Cola FEMSA.

For Further Information:

Investor Relations

Alfredo Fernández

(5255) 5081-5120 / 5121

Gonzalo García

(5255) 5081-5148

Roland Karig Knebush

(5255) 5081-5186

Website:
www.coca-colafemsa.com

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