-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Bo/8FHj+aE8CackxiYHD2Rd7fYOzwms99OHuq3Hh8kk9OvH0JjRxHvhaGc2eIjub
 Vj2q1IkvZYgqu0ADAn5O9A==

<SEC-DOCUMENT>0001275287-06-001343.txt : 20060310
<SEC-HEADER>0001275287-06-001343.hdr.sgml : 20060310
<ACCEPTANCE-DATETIME>20060310161819
ACCESSION NUMBER:		0001275287-06-001343
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20060310
FILED AS OF DATE:		20060310
DATE AS OF CHANGE:		20060310

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MEXICAN ECONOMIC DEVELOPMENT INC
		CENTRAL INDEX KEY:			0001061736
		STANDARD INDUSTRIAL CLASSIFICATION:	BOTTLED & CANNED SOFT DRINKS CARBONATED WATERS [2086]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-08752
		FILM NUMBER:		06679574

	BUSINESS ADDRESS:	
		STREET 1:		CUAUHTEMOC 400 SUR APERTADO POSTAL 2001
		STREET 2:		COLONIA VELLA VISTA
		CITY:			MONTERREY NL
		STATE:			O5
		ZIP:			00000
		BUSINESS PHONE:		5283286000
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>me5104.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<html>

<head>
<title></title>
</head>

<body bgcolor="white">




<hr size="4" width="100%" noshade color=black>


<p  align="center"><font size="5" face="Times New Roman"><b>SECURITIES AND EXCHANGE COMMISSION<br> </b></font>
<font size="3"><b>Washington, D.C. 20549</b></font></p>
<p  align="center">
<font size="5" face="Times New Roman"><b>FORM 6-K</b></font></p>
<p  align="center">
<font size="3" face="Times New Roman"><b>REPORT OF FOREIGN PRIVATE ISSUER<br> PURSUANT TO RULE 13a-16 OR 15d-16 OF<br> THE SECURITIES EXCHANGE ACT OF 1934<br> FOR THE MONTH OF MARCH<br> 2006</b></font></p>
<table align="center"  border="0" style="border-collapse:collapse" cellspacing="0"  cellpadding="0"  width="100%">

 <tr>
  <td width="100%" valign="top">
  <p  align="center">
<font size="6" face="Times New Roman"><b>FOMENTO ECON&#211;MICO MEXICANO, S.A. DE C.V.</b></font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p  align="center">
<font size="2" face="Times New Roman"><i>(Exact name of Registrant as specified in   its charter)</i></font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
 </tr>
 <tr>
  <td  valign="top">
  <p  align="center">
<font size="2" face="Times New Roman"><b>Mexican Economic Development, Inc.</b></font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p  align="center">
<font size="2" face="Times New Roman"><i>(Translation of Registrant&#146;s name into   English)</i></font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
 </tr>
 <tr>
  <td  valign="top">
  <p  align="center">
<font size="2" face="Times New Roman"><b>United Mexican States</b></font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p  align="center">
<font size="2" face="Times New Roman"><i>(Jurisdiction of incorporation or   organization)</i></font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
 </tr>
 <tr>
  <td  valign="top">
  <p  align="center">
<font size="2" face="Times New Roman"><b>General Anaya No. 601 Pte.</b></font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p  align="center">
<font size="2" face="Times New Roman"><b>Colonia Bella Vista</b></font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p  align="center"><font size="2" face="Times New Roman"><b>Monterrey, NL 64410 Mexico</b></font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p  align="center">
<font size="2" face="Times New Roman"><i>(Address of principal executive offices)</i></font></p>  </td>
 </tr>
</table>

<p  align="center">
<font size="2" face="Times New Roman">(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F of Form 40-F.)</font></p>
<table align="center"  border="0" style="border-collapse:collapse" cellspacing="0"  cellpadding="0"  width="100%">

 <tr>
  <td width="32%" valign="top">
  <p style="margin-left:1em; text-indent:-1em">
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="10%" valign="top">
  <p style="margin-left:1em; text-indent:-1em">
<font size="2" face="Times New Roman">Form&nbsp;20-F</font></p>  </td>
  <td width="6%" valign="top">
  <p  align="center">
<font size="2" face="Wingdings">x</font></p>  </td>
  <td width="4%" valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="10%" valign="top">
  <p>
<font size="2" face="Times New Roman">Form&nbsp;40-F</font></p>  </td>
  <td width="6%" valign="top">
  <p  align="center">
<font size="2" face="Wingdings">o</font></p>  </td>
  <td width="32%" valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
 </tr>
</table>

<p  align="center">
<font size="2" face="Times New Roman">(Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)</font></p>
<table align="center"  border="0" style="border-collapse:collapse" cellspacing="0"  cellpadding="0"  width="100%">

 <tr>
  <td width="32%" valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="10%" valign="top">
  <p>
<font size="2" face="Times New Roman">Yes</font></p>  </td>
  <td width="6%" valign="top">
  <p  align="center">
<font size="2" face="Wingdings">o</font></p>  </td>
  <td width="4%" valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="10%" valign="top">
  <p>
<font size="2" face="Times New Roman">No</font></p>  </td>
  <td width="6%" valign="top">
  <p  align="center">
<font size="2" face="Wingdings">x</font></p>  </td>
  <td width="32%" valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
 </tr>
</table>

<p  align="center">
<font size="2" face="Times New Roman">(If &#147;Yes&#148; is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82&#151; .)</font></p>

<hr size="4" width="100%" noshade color=black>

<div style="page-break-before:always"></div>
<PAGE>
<br>

<p  align="center">
<font size="2" face="Times New Roman"><b>SIGNATURES</b></font></p>
<p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, as amended the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</font></p>
<table align="center"  border="0" style="border-collapse:collapse" cellspacing="0"  cellpadding="0"  width="100%">

 <tr>
  <td  valign="top">
  <p><font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td  colspan="2" valign="top">
  <p>
<font size="2" face="Times New Roman">FOMENTO ECON&#211;MICO MEXICANO, S.A. DE C.V.</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td  colspan="2" valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td  colspan="2" valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
 </tr>
 <tr>
  <td width="55%" valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="5%" valign="top">
  <p>
<font size="2" face="Times New Roman">By:</font></p>  </td>
  <td width="40%" valign="top">
  <p>
<font size="2" face="Times New Roman">/s/&nbsp;Javier   Astaburuaga</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td  valign="top">
  <hr size="1" width="100%" noshade color=black>

  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td  valign="top">
  <p>
<font size="2" face="Times New Roman">Javier   Astaburuaga</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td  valign="top">
  <p>
<font size="2" face="Times New Roman">Chief   Financial Officer</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="2" face="Times New Roman">Date:&#160; March 10, 2006</font></p>  </td>
  <td  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
 </tr>
</table>

<BR>
<hr size="1" width="100%" noshade color=black>
<div style="page-break-before:always"></div>
<PAGE>
<br>



<p  align="center"><font size="2" face="Times New Roman"><b>FEMSA Stockholders Approve Dividend Increase</b></font></p>
<p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MONTERREY, Mexico, March 10 /PRNewswire-FirstCall/ -- Fomento Economico Mexicano, S.A. de C.V. (NYSE: FMX) (BMV: FEMSAUBD) (&#147;FEMSA&#148; or &#147;the Company&#148;) held its Annual General Ordinary Stockholders&#146; Meeting today, at which shareholders approved the annual report for 2005 presented by the Board of Directors, the consolidated financial statements for 2005, the declaration of the dividend corresponding to fiscal year 2005, and the composition of the Board of Directors for 2006.</font></p>
<p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The stockholders approved the payment of a dividend for an amount of 986 million pesos, versus 660 million pesos last year.</font></p>
<p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The dividend will be paid on June 15, 2006, upon submittal of Coupon Number 1, as follows: 0.147514 pesos for each Series B share and 0.184393 pesos for each Series D share.&#160; This corresponds to actual dividend payments of 0.885085 pesos for each BD Unit and 0.737571 pesos for each B Unit. Therefore, each ADR (NYSE: FMX) will receive a dividend payment of 8.85 pesos.</font></p>
<p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In addition, stockholders approved 3,000 million pesos as the maximum amount that could potentially be used in stock repurchases, as per Mexican legislation.</font></p>
<p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jose Antonio Fernandez Carbajal, Chairman and CEO of FEMSA, commented, &#147;In 2005, we reinforced our position as one of the world&#146;s leading integrated beverage companies.&#160; During the year, we leveraged our strengths to generate important advances in our industry, lifting standards in market execution and brand management and furthering our business integration.</font></p>
<p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;These great results were made possible thanks to the talent, creativity, discipline and hard work of the more than 90,000 men and women that form part of the FEMSA family,&#148; concluded Jose Antonio Fernandez.</font></p>

<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Board of Directors was appointed as follows:</font></p>
<p  align="center">
<font size="2" face="Times New Roman">Board of Directors 2006<br> SERIES &#147;B&#148;</font></p>

<table align="center"  border="0" style="border-collapse:collapse" cellspacing="0"  cellpadding="0"  width="100%">

 <tr>
   <td valign="top">&nbsp;</td>
   <td width="5%" valign="top">&nbsp;</td>
   <td valign="top"><font size="2" face="Times New Roman">MEMBERS</font></td>
   <td width="5%" valign="top">&nbsp;</td>
   <td  valign="top"><font size="2" face="Times New Roman">ALTERNATE</font></td>
 </tr>
 <tr>
   <td valign="top">&nbsp;</td>
   <td width="5%" valign="top">&nbsp;</td>
   <td valign="top">&nbsp;</td>
   <td width="5%" valign="top">&nbsp;</td>
   <td  valign="top">&nbsp;</td>
 </tr>
 <tr>
  <td width="30%" valign="top">
  <p>
<font size="2" face="Times New Roman">Honorary Life Chairman</font></p>  </td>
  <td width="5%" valign="top">&nbsp;</td>
  <td width="30%" valign="top"><p> <font size="2" face="Times New Roman">Eugenio Garza Laguera</font></p></td>
  <td width="5%" valign="top">&nbsp;</td>
  <td  valign="top"><p> <font size="2" face="Times New Roman">Paulina Garza Gonda de Marroquin</font></p></td>
 </tr>
 <tr>
  <td width="30%"  valign="top">
  <p>
<font size="2" face="Times New Roman">Chairman</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top"><p> <font size="2" face="Times New Roman">Jose Antonio Fernandez Carbajal</font></p></td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td  valign="top"><p> <font size="2" face="Times New Roman">Federico Reyes Garcia</font></p></td>
 </tr>
 <tr>
  <td width="30%"  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top"><p> <font size="2" face="Times New Roman">Eva Garza Gonda de Fernandez</font></p></td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td  valign="top"><p> <font size="2" face="Times New Roman">Barbara Garza Gonda</font></p></td>
 </tr>
 <tr>
  <td width="30%"  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top"><p> <font size="2" face="Times New Roman">Jose Calderon Rojas</font></p></td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td  valign="top"><p> <font size="2" face="Times New Roman">Francisco Jose Calderon Rojas</font></p></td>
 </tr>
 <tr>
  <td width="30%"  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top"><p> <font size="2" face="Times New Roman">Consuelo Garza de Garza</font></p></td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td  valign="top"><p> <font size="2" face="Times New Roman">Alfonso Garza Garza</font></p></td>
 </tr>
 <tr>
  <td width="30%"  valign="top">
  <p><font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top"><p> <font size="2" face="Times New Roman">Max Michel Suberville</font></p></td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td  valign="top"><p> <font size="2" face="Times New Roman">Max Michel Gonzalez</font></p></td>
 </tr>
 <tr>
  <td width="30%"  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top"><p> <font size="2" face="Times New Roman">Alberto Bailleres</font></p></td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td  valign="top"><p> <font size="2" face="Times New Roman">Arturo Fernandez Perez</font></p></td>
 </tr>
 <tr>
  <td width="30%"  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top"><p> <font size="2" face="Times New Roman">F. Javier Fernandez Carbajal</font></p></td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td  valign="top"><p> <font size="2" face="Times New Roman">Javier Astaburuaga Sanjines</font></p></td>
 </tr>
 <tr>
  <td width="30%"  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top"><p> <font size="2" face="Times New Roman">Ricardo Guajardo Touche</font></p></td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td  valign="top"><p> <font size="2" face="Times New Roman">Othon Paez Garza</font></p></td>
 </tr>
 <tr>
  <td width="30%"  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top"><p> <font size="2" face="Times New Roman">Alfredo Livas Cantu</font></p></td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td  valign="top"><p> <font size="2" face="Times New Roman">Sergio Deschamps Ebergenyi</font></p></td>
 </tr>
 <tr>
  <td width="30%"  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top"><p> <font size="2" face="Times New Roman">Roberto Servitje Sendra</font></p></td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td  valign="top"><p> <font size="2" face="Times New Roman">Juan Guichard Michel</font></p></td>
 </tr>
 <tr>
  <td width="30%"  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top"><p> <font size="2" face="Times New Roman">Carlos Salguero</font></p></td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td  valign="top"><p> <font size="2" face="Times New Roman">Eduardo Padilla Silva</font></p></td>
 </tr>
 <tr>
  <td width="30%"  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top"><p> <font size="2" face="Times New Roman">Mariana Garza Gonda de Trevino</font></p></td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td  valign="top"><p> <font size="2" face="Times New Roman">Carlos Salazar Lomelin</font></p></td>
 </tr>
 <tr>
  <td width="30%"  valign="top">
  <p><font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top"><p> <font size="2" face="Times New Roman">Jose Manuel Canal Hernando</font></p></td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td  valign="top"><p> <font size="2" face="Times New Roman">Ricardo Saldivar Escajadilla</font></p></td>
 </tr>
 <tr>
  <td width="30%"  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
 </tr>
 <tr>
  <td width="30%"  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top">
  <p align="center">
<font size="1" face="Times New Roman">&nbsp;</font><font size="2" face="Times New Roman">SERIES &#147;D&#148;</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
 </tr>
 <tr>
   <td  valign="top">&nbsp;</td>
   <td width="5%"  valign="top">&nbsp;</td>
   <td  valign="top">&nbsp;</td>
   <td width="5%"  valign="top">&nbsp;</td>
   <td  valign="top">&nbsp;</td>
 </tr>
 <tr>
  <td width="30%"  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top"><p> <font size="2" face="Times New Roman">Armando Garza Sada</font></p></td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td  valign="top"><p> <font size="2" face="Times New Roman">Alfonso Gonzalez Migoya</font></p></td>
 </tr>
 <tr>
  <td width="30%"  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top"><p> <font size="2" face="Times New Roman">Alexis E. Rovzar de la Torre</font></p></td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td  valign="top"><p> <font size="2" face="Times New Roman">Francisco Zambrano Rodriguez</font></p></td>
 </tr>
 <tr>
  <td width="30%"  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top"><p> <font size="2" face="Times New Roman">Helmut Paul</font></p></td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td  valign="top"><p> <font size="2" face="Times New Roman">Antonio Elosua Muguerza</font></p></td>
 </tr>
 <tr>
  <td width="30%"  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top"><p> <font size="2" face="Times New Roman">Lorenzo H. Zambrano Trevino</font></p></td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td  valign="top"><p> <font size="2" face="Times New Roman">Francisco Garza Zambrano</font></p></td>
 </tr>
 <tr>
  <td width="30%"  valign="top">
  <p><font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top"><p> <font size="2" face="Times New Roman">Robert E. Denham</font></p></td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td  valign="top"><p> <font size="2" face="Times New Roman">Jose Gonzalez Ornelas</font></p></td>
 </tr>
 <tr>
  <td width="30%"  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top"><p> <font size="1" face="Times New Roman">&nbsp;</font></p></td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td  valign="top"><p> <font size="1" face="Times New Roman">&nbsp;</font></p></td>
 </tr>
 <tr>
  <td width="30%"  valign="top">
  <p>
<font size="2" face="Times New Roman">Statutory Auditors</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top"><p> <font size="2" face="Times New Roman">Ernesto Gonzalez Davila</font></p></td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td  valign="top"><p> <font size="2" face="Times New Roman">Ernesto Cruz Velasquez de Leon</font></p></td>
 </tr>
 <tr>
  <td width="30%"  valign="top">
  <p>
<font size="2" face="Times New Roman">Secretaries</font></p>  </td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td width="30%"  valign="top"><p> <font size="2" face="Times New Roman">Carlos E. Aldrete Ancira</font></p></td>
  <td width="5%"  valign="top">&nbsp;</td>
  <td  valign="top"><p> <font size="2" face="Times New Roman">David A. Gonzalez Vessi</font></p></td>
 </tr>
</table>
<BR>
<hr size="1" width="100%" noshade color=black>
<div style="page-break-before:always"></div>
<PAGE>
<br>



<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FEMSA is the leading beverage company in Latin America.&#160; It controls an integrated beverage platform that comprises Coca-Cola FEMSA, the largest Coca-Cola bottler in the region; FEMSA Cerveza, one of the leading brewers in Mexico and important beer exporter to the United States; and Oxxo, the largest and fastest-growing convenience store chain in Mexico with over 4,000 stores.</font></p>
<p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forward-Looking Statements</font></p>
<p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This report may contain certain forward-looking statements concerning our future performance that should be considered as good faith estimates made by us.&#160; These forward-looking statements reflect management expectations and are based upon currently available data.&#160; Actual results are subject to future events and uncertainties, which could materially impact our actual performance.</font></p>
<table align="center"  border="0" style="border-collapse:collapse" cellspacing="0"  cellpadding="0"  width="100%">

 <tr>
  <td width="100%" valign="top">
  <p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Contacts:</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investors</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alan   Alanis, FEMSA</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+011-52-818-328-6211</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;alan.alanis@femsa.com.mx</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p><font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emily   Klingbeil</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+011-52-818-328-6189</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;emily.klingbeil@femsa.com.mx,   FEMSA</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Media</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jaime   Toussaint, FEMSA</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+011-52-818-328-6189</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;jtouelo@femsa.com.mx</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carolina   Alvear, FEMSA</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+011-52-818-328-6046</font></p>  </td>
 </tr>
 <tr>
  <td  valign="top">
  <p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;calvsev@femsa.com.mx</font></p>  </td>
 </tr>
</table>

<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SOURCE&#160; Fomento Economico Mexicano, S.A. de C.V. -- FEMSA<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-0-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03/10/2006<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/CONTACT:&#160; Investors, Alan Alanis, +011-52-818-328-6211, or alan.alanis@femsa.com.mx, or Emily Klingbeil, +011-52-818-328-6189, or emily.klingbeil@femsa.com.mx, both of FEMSA/<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/Web site:&#160; http://www.femsa.com /</font></p>
<p><font size="2" face="Times New Roman">MM-AR<br> -- MXF003 --<br> 2784 03/10/2006 13:54 EST<br> DEFERRED FOR 14:00 03/10<br> _</font></p>

<hr size="1" width="100%" noshade color=black>


</body>

</html>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
