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<SEC-DOCUMENT>0001292814-07-000403.txt : 20070223
<SEC-HEADER>0001292814-07-000403.hdr.sgml : 20070223
<ACCEPTANCE-DATETIME>20070223151809
ACCESSION NUMBER:		0001292814-07-000403
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		7
CONFORMED PERIOD OF REPORT:	20061231
FILED AS OF DATE:		20070223
DATE AS OF CHANGE:		20070223

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COCA COLA FEMSA SAB DE CV
		CENTRAL INDEX KEY:			0000910631
		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:	001-12260
		FILM NUMBER:		07645537

	BUSINESS ADDRESS:	
		STREET 1:		GUILLERMO GONZALEZ CAMARENA NO. 600
		STREET 2:		COL. CENTRO DE CIUDAD SANTA FE
		CITY:			DELEGACION ALVARO OB
		STATE:			O5
		ZIP:			DF 01210
		BUSINESS PHONE:		5255335300

	MAIL ADDRESS:	
		STREET 1:		GUILLERMO GONZALEZ CAMARENA NO. 600
		STREET 2:		COL. CENTRO DE CIUDAD SANTA FE
		CITY:			DELEGACION ALVARO OB
		STATE:			O5
		ZIP:			DF 01210

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COCA COLA FEMSA SA DE CV
		DATE OF NAME CHANGE:	19930814
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>kofpr4q06_6k.htm
<DESCRIPTION>2006 FOURTH-QUARTER AND FULL YEAR RESULTS
<TEXT>
<HTML>
<HEAD>
<TITLE>Provided by MZ Data Products</TITLE>
</HEAD>
<BODY bgColor=#ffffff style="font-family:'Times New Roman', Times, serif; font-size:12px; text-align:justify">

<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">
<!-- MARKER FORMAT-SHEET="Times Center" FSL="Workstation" -->
<P ALIGN=center><FONT FACE="'Times New Roman, Times, Serif'" SIZE="5"><B>FORM 6-K</B> </FONT> </P>

<!-- MARKER FORMAT-SHEET="Times Center" FSL="Workstation" -->
<P ALIGN=center><FONT FACE="'Times New Roman, Times, Serif'" SIZE=4>Securities and Exchange Commission<BR>
                                                                Washington, D.C. 20549<BR>
                                                       Report of Foreign Issuer<BR>
                                                   Pursuant To Rule 13a-16 Or 15d-16<BR>
                                                                Of The<BR>
                                                    Securities Exchange Act of 1934 </FONT></P>

<BR>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD WIDTH=50% ALIGN=CENTER><FONT FACE="'Times New Roman, Times, Serif'" SIZE=3>For the month of <font color="#000000">February</font> 2007</FONT></TD>
     <TD WIDTH=50% ALIGN=CENTER><FONT FACE="'Times New Roman, Times, Serif'" SIZE=3>Commission file number 1-12260</FONT></TD></TR>
</TABLE>

<BR><BR>
<!-- MARKER FORMAT-SHEET="Times DIV Justify" FSL="Workstation" -->
<DIV ALIGN=CENTER><FONT FACE="'Times New Roman, Times, Serif'" SIZE="5"><B>COCA-COLA FEMSA,
S.A. de C.V.</B> </FONT> </DIV>


<!-- MARKER FORMAT-SHEET="Times DIV Justify" FSL="Workstation" -->
<DIV ALIGN=CENTER><FONT FACE="'Times New Roman, Times, Serif'" SIZE=2>(Translation of
Registrant&#146;s name into English) </FONT></DIV>

<BR><BR>

<!-- MARKER FORMAT-SHEET="Times Center" FSL="Workstation" -->
<P ALIGN=center><FONT FACE="'Times New Roman, Times, Serif'" SIZE=3>Guillermo Gonz&#225;lez Camarena No. 600<BR>
                                                                Col. Centro de Ciudad Santa F&#233;<BR>
                                                                        Delegaci&#243;n Alvaro Obreg&#243;n<BR>
                                                           M&#233;xico, D.F. 01210 </FONT>
<BR><FONT FACE="'Times New Roman, Times, Serif'" SIZE=2>(Address of
principal office) </FONT></p>

<BR>


<!-- MARKER FORMAT-SHEET="Times Justify" FSL="Workstation" -->
<P ALIGN=left><FONT FACE="'Times New Roman, Times, Serif'" SIZE=3>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Indicate by check
mark whether the registrant files or will file annual reports under cover of Form 20-F or
Form 40-F.) </FONT></P>

<!-- MARKER FORMAT-SHEET="Times Justify" FSL="Workstation" -->
<P ALIGN=left><FONT FACE="'Times New Roman, Times, Serif'" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;(Check One) Form 20-F
 <U>&nbsp;x&nbsp;</U>  Form 40-F <U>&nbsp;&nbsp;&nbsp;</U></FONT></P>

<!-- MARKER FORMAT-SHEET="Times Justify" FSL="Workstation" -->
<P ALIGN=left><FONT FACE="'Times New Roman, Times, Serif'" SIZE=3>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Indicate by check
mark whether the registrant by furnishing the information contained in this Form is also
thereby furnishing information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.) </FONT></P>

<!-- MARKER FORMAT-SHEET="Times Justify" FSL="Workstation" -->
<P ALIGN=left><FONT FACE="'Times New Roman, Times, Serif'" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;(Check One) Yes <U>&nbsp;&nbsp;&nbsp;</U>No
<U>&nbsp;x&nbsp;</U> </FONT> </P>

<!-- MARKER FORMAT-SHEET="Times Justify" FSL="Workstation" -->
<P ALIGN=left><FONT FACE="'Times New Roman, Times, Serif'" SIZE=3>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(If &#147;Yes&#148; is marked,
indicate below the file number assigned to the registrant in connection with Rule
12g3-2(b). 82-<U>&nbsp;&nbsp;&nbsp;</U>.) </FONT></P>






<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">

<DIV STYLE="page-break-after:always"></DIV>


<A name="page_1"></A>

<P align="right" STYLE='page-break-before:always'><img src="logo_kof.gif" width="95" height="64">
    <!-- Final da Capa-->
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD width=25%></TD>
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  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303"><font color="#FFFFFF"><B>&nbsp;&nbsp;&nbsp;Stock Listing Information</B>&nbsp;</font></TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
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    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;&nbsp;</font></TD>
    <TD>&nbsp;</TD>
    <TD colspan="13" align=left><B>2006 FOURTH-QUARTER AND FULL YEAR RESULTS</B><B> </B></TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD bgcolor="#c80303"><font color="#FFFFFF">&nbsp;</font></TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD colspan="5" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;Mexican Stock Exchange</font></TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;Ticker: KOFL</font></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;</font></TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan=3 align=center>Fourh  Quarter&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan=3 align=center>YTD</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD bgcolor="#c80303"><font color="#FFFFFF">&nbsp;</font></TD>
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left valign="bottom" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;NYSE (ADR)</font></TD>
    <TD valign="bottom">&nbsp;</TD>
    <TD align=left valign="bottom">&nbsp;</TD>
    <TD valign="bottom">&nbsp;</TD>
    <TD align=center valign="bottom">2006</TD>
    <TD align="center" valign="bottom">&nbsp;</TD>
    <TD align=center valign="bottom">2005</TD>
    <TD align="center" valign="bottom">&nbsp;</TD>
    <TD align=center valign="bottom"><FONT color="#000000" SIZE=2 FACE="'Times New Roman, Times, Serif'"><FONT FACE="Symbol"><B>D</B> </FONT>%</FONT>&nbsp;</TD>
    <TD valign="bottom">&nbsp;</TD>
    <TD align=center valign="bottom">2006&nbsp;</TD>
    <TD align="center" valign="bottom">&nbsp;</TD>
    <TD align=center valign="bottom">2005&nbsp;</TD>
    <TD align=center valign="bottom">&nbsp;</TD>
    <TD align=center valign="bottom"><FONT color="#000000" SIZE=2 FACE="'Times New Roman, Times, Serif'"><FONT FACE="Symbol"><B>D</B> </FONT>%</FONT>&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD valign="bottom" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;</font></TD>
    <TD valign="bottom"></TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD colspan="3" align="center" valign="bottom" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD valign="bottom">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left valign="bottom" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;Ticker: KOF&nbsp;</font></TD>
    <TD valign="bottom">&nbsp;</TD>
    <TD align=left valign="bottom">Total Revenues&nbsp;</TD>
    <TD valign="bottom">&nbsp;</TD>
    <TD align=center>15,173&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>14,165&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>7.1%&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=center>57,738&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>53,997&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;6.9%&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD valign="bottom" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;</font></TD>
    <TD valign="bottom"></TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left valign="bottom" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;&nbsp;</font></TD>
    <TD valign="bottom">&nbsp;</TD>
    <TD align=left valign="bottom">Gross Profit&nbsp;</TD>
    <TD valign="bottom">&nbsp;</TD>
    <TD align=center>7,165&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>6,990&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>2.5%&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=center>27,542&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>26,475&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;4.0%&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD valign="bottom" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;</font></TD>
    <TD valign="bottom"></TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left valign="bottom" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;Ratio of KOF L to KOF = 10:1</font></TD>
    <TD valign="bottom">&nbsp;</TD>
    <TD align=left valign="bottom">Operating Income&nbsp;</TD>
    <TD valign="bottom">&nbsp;</TD>
    <TD align=center>2,619&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>2,612&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>0.3%&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=center>9,456&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>9,218&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;2.6%&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD valign="bottom" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;</font></TD>
    <TD valign="bottom"></TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left valign="bottom" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;</font></TD>
    <TD valign="bottom">&nbsp;</TD>
    <TD align=left valign="bottom">Majority Net Income&nbsp;</TD>
    <TD valign="bottom">&nbsp;</TD>
    <TD align=center>1,514&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>1,495&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>1.3%&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=center>4,883&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>4,759&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;2.6%&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD valign="bottom" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;</font></TD>
    <TD valign="bottom"></TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left valign="bottom" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;</font></TD>
    <TD valign="bottom">&nbsp;</TD>
    <TD align=left valign="bottom">EBITDA<SUP>(1)</SUP></TD>
    <TD valign="bottom">&nbsp;</TD>
    <TD align=center>3,169&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>3,370&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>-6.0%&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=center>12,219&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>11,922&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;2.5%&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD rowspan="9" align=left valign="bottom" bgcolor="#c80303"><div align="center"><FONT FACE="'Times New Roman, Times, Serif'" SIZE="2" COLOR="#FFFFFF"><img src="kofl.gif" align="top"></FONT><font color="#FFFFFF"></font></div>
        <font color="#FFFFFF">&nbsp;</font><font color="#FFFFFF">&nbsp;</font><font color="#FFFFFF">&nbsp;</font></TD>
    <TD height="21" valign="bottom">&nbsp;</TD>
    <TD align=left valign="bottom" style="border-top: 1px solid black; font-size: 1px">&nbsp;</TD>
    <TD valign="bottom" style="border-top: 1px solid black; font-size: 1px;">&nbsp;</TD>
    <TD align=center valign="bottom" style="border-top: 1px solid black; font-size: 1px;">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid black; font-size: 1px;">&nbsp;</TD>
    <TD align=center valign="bottom" style="border-top: 1px solid black; font-size: 1px;">&nbsp;</TD>
    <TD align="right" valign="bottom" style="border-top: 1px solid black; font-size: 1px;">&nbsp;</TD>
    <TD align=right valign="bottom" style="border-top: 1px solid black; font-size: 1px;">&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
    <TD align=center valign="bottom" style="border-top: 1px solid black; font-size: 1px;">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid black; font-size: 1px;">&nbsp;</TD>
    <TD align=center valign="bottom" style="border-top: 1px solid black; font-size: 1px;">&nbsp;</TD>
    <TD align=right valign="bottom" style="border-top: 1px solid black; font-size: 1px;">&nbsp;</TD>
    <TD align=right valign="bottom" style="border-top: 1px solid black; font-size: 1px;">&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD valign="bottom" bgcolor="#FFFFFF"><font color="#FFFFFF">&nbsp;</font></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align="center" valign="bottom">&nbsp;</TD>
    <TD colspan="5" align="center">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD height="21" valign="bottom">&nbsp;</TD>
    <TD align=left>Net Debt <SUP>(2)</SUP></TD>
    <TD>&nbsp;</TD>
    <TD align=center>14,890&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>18,798&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
    <TD align=right valign="bottom">&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
    <TD align=center valign="bottom">&nbsp;</TD>
    <TD align="center" valign="bottom">&nbsp;</TD>
    <TD align=center valign="bottom">&nbsp;</TD>
    <TD align=right valign="bottom">&nbsp;</TD>
    <TD align=right valign="bottom">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD height="21" valign="bottom">&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
    <TD align=right valign="bottom">&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
    <TD align=center valign="bottom">&nbsp;</TD>
    <TD align="center" valign="bottom">&nbsp;</TD>
    <TD align=center valign="bottom">&nbsp;</TD>
    <TD align=right valign="bottom">&nbsp;</TD>
    <TD align=right valign="bottom">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD>&nbsp;</TD>
    <TD align=left><I>Financial Ratios</I>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center><I> </I><I><FONT color="#000000" SIZE=2 FACE="'Times New Roman, Times, Serif'"><FONT FACE="Symbol"><B>D</B></FONT></FONT> P.P.</I>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px;">
    <TD valign="bottom">&nbsp;</TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right valign="bottom">&nbsp;</TD>
    <TD align=right valign="bottom">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD valign="bottom">&nbsp;</TD>
    <TD align=left>Coverage<SUP>(3)</SUP></TD>
    <TD>&nbsp;</TD>
    <TD align=center>5.75&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>4.64&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>1.11&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD valign="bottom"></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="right" valign="bottom"></TD>
    <TD colspan="3">&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD valign="bottom">&nbsp;</TD>
    <TD align=left>Leverage<SUP>(4)</SUP></TD>
    <TD>&nbsp;</TD>
    <TD align=center>0.81&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>0.94&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>(0.13)</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD valign="bottom" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;</font></TD>
    <TD valign="bottom"></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="right" valign="bottom"></TD>
    <TD colspan="3">&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
    <TD align="right" valign="bottom">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left valign="bottom" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;</font></TD>
    <TD valign="bottom">&nbsp;</TD>
    <TD align=left>Capitalization<SUP>(5)</SUP></TD>
    <TD>&nbsp;</TD>
    <TD align=center>33.6%&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>39.6%&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>(6.04)</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD bgcolor="#c80303"><font color="#FFFFFF">&nbsp;</font></TD>
    <TD></TD>
    <TD colspan="13" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center bgcolor="#c80303"><font color="#FFFFFF">&nbsp;</font></TD>
    <TD align=center>&nbsp;</TD>
    <TD colspan=13 align=left style="font-size:10px;">Expressed in million of Mexican pesos with purchasing power as of December 31, 2006.</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303"><div align="center"><font color="#FFFFFF"></font></div></TD>
    <TD>&nbsp;</TD>
    <TD colspan=13 align=left nowrap style="font-size:10px;"><SUP>(1)</SUP> EBITDA = Operating income + Depreciation + Amortization &amp; Other Non-cash Charges. See reconciliation table on page 12. </TD>
  </TR>
  <TR valign="bottom">
    <TD rowspan="7" align=left bgcolor="#c80303"><font color="#FFFFFF">&nbsp;</font><font color="#FFFFFF">&nbsp;</font>
        <div align="center"><font face="'Times New Roman, Times, Serif'" size="2" color="#FFFFFF"><img src="kofnyse.gif"></font><font color="#FFFFFF"></font></div>
      <font color="#FFFFFF">&nbsp;</font><font color="#FFFFFF">&nbsp;</font></TD>
    <TD>&nbsp;</TD>
    <TD colspan="13" align=left style="font-size:10px;"><SUP>(2)</SUP> Net Debt = Total Debt - Cash</TD>
  </TR>
  <TR valign="bottom">
    <TD>&nbsp;</TD>
    <TD colspan="13" align=left style="font-size:10px;"><SUP>(3)</SUP> YTD EBITDA / YTD Interest expense </TD>
  </TR>
  <TR valign="bottom">
    <TD>&nbsp;</TD>
    <TD colspan="13" align=left style="font-size:10px;"><SUP>(4)</SUP> Total liabilities / total stockholders' equity</TD>
  </TR>
  <TR valign="bottom">
    <TD>&nbsp;</TD>
    <TD colspan="13" align=left style="font-size:10px;"><SUP>(5)</SUP> Total debt / (long-term debt + stockholders' equity)</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD>&nbsp;</TD>
    <TD colspan=13 rowspan="2" align=left valign="top"><FONT color="#000000" SIZE="2" FACE="'Times New Roman, Times, Serif'"><IMG SRC="icone.gif"></FONT>Total revenues reached Ps. 15,173 million in the fourth quarter of 2006 an increase of 7.1%, and increased 6.9% for the full year to Ps. 57,738 million, the highest yearly growth since the acquisition of Panamco in 2003.</TD>
  </TR>
  <TR valign="bottom">
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303"><font color="#FFFFFF">&nbsp;</font></TD>
    <TD>&nbsp;</TD>
    <TD colspan=13 rowspan="2" align=left valign="top"><FONT color="#000000" SIZE="2" FACE="'Times New Roman, Times, Serif'"><IMG SRC="icone.gif"></FONT>Our consolidated operating income increased 0.3% to Ps. 2,619 million for the fourth quarter of 2006, in spite of raw material pressures and a more complex competitive environment, and grew 2.6% for the year to Ps. 9,456 million. Our operating
margin was 17.3% for the fourth quarter of 2006 and 16.4% for the full year.</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303"><font color="#FFFFFF">&nbsp;</font></TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303"><font color="#FFFFFF"><b>&nbsp;For Further Information:</b>&nbsp;</font></TD>
    <TD>&nbsp;</TD>
    <TD colspan=13 rowspan="3" align=left valign="top"><FONT color="#000000" SIZE="2" FACE="'Times New Roman, Times, Serif'"><IMG SRC="icone.gif"></FONT>Our consolidated EBITDA reached Ps. 12,219 million in 2006, equivalent to over US$1.1 billion. </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303"><font color="#FFFFFF">&nbsp;</font></TD>
    <TD>&nbsp;</TD>
  </TR>


  <TR valign="bottom">
    <TD align=left bgcolor="#c80303"><font color="#FFFFFF"><B>&nbsp;&nbsp;&nbsp;Investor Relations</B>&nbsp;</font></TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="13" align=left><FONT color="#000000" SIZE="2" FACE="'Times New Roman, Times, Serif'"><IMG SRC="icone.gif"></FONT>Consolidated majority net income increased 1.3% to Ps. 1,514 million, resulting in earnings per share of Ps. 0.82 for the fourth quarter of 2006, and increased 2.6% to Ps. 4,883 million for the year, resulting in earnings per share of Ps. 2.64. </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;Alfredo Fern&aacute;ndez&nbsp;</font></TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;<U>alfredo.fernandez@kof.com.mx</U>&nbsp;</font></TD>
    <TD>&nbsp;</TD>
    <TD colspan=13 rowspan="4" align=left valign="top">Mexico City (February 23, 2007), Coca-Cola FEMSA, S.A.B. de C.V. (BMV: KOFL, NYSE: KOF) (&#147;Coca-Cola FEMSA&#148; or the &#147;Company&#148;), the largest Coca-Cola bottler in Latin America and the second-largest Coca-Cola bottler in the world in
terms of sales volume, announces results for the fourth quarter 2006 and full-year results. </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;(5255) 5081-5120 / 5121&nbsp;</font></TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303">&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;Julieta Naranjo&nbsp;</font></TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;<U>julieta.naranjo@kof.com.mx</U>&nbsp;</font></TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD align=left valign="bottom" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;(5255) 5081-5148&nbsp;</font></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan=13 rowspan="8" align=left valign="top">&#147;In 2006 our knowledge of local market dynamics, coupled with our innovative products, processes, and practices, enabled us to achieve strong top-line results in the face of a more complex competitive environment. Thanks to the wide-spread
popularity of brand <I>Coca-Cola</I> and our well-designed commercial strategies, we also were able to produce solid bottom-line growth in spite of cost pressures in the majority of our markets. During the year, we further strengthened our
relationship with The Coca-Cola Company by arriving at a comprehensive, collaborative framework for a new stage of profitable growth. This new framework leverages the marketing strength of The Coca-Cola Company, defines a platform for our joint
pursuit of incremental growth in the carbonated soft-drink category, and provides for the accelerated development of the non-carbonated beverage segment&#151;through acquisitions and organic growth,&#148; said Carlos Sal&aacute;zar Lomel&iacute;n,
Chief Executive Officer of the Company. </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303">&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303">&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;Website:&nbsp;</font></TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;<U>www.coca-colafemsa.com</U>&nbsp;</font></TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303">&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303"><font color="#FFFFFF">&nbsp;</font></TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left bgcolor="#c80303"><font color="#FFFFFF">&nbsp;</font></TD>
    <TD>&nbsp;</TD>
  </TR>
</TABLE>
<br>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD width=51%></TD>
    <TD width=2%></TD>
    <TD width=46%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><B>February 23, 2007</B></TD>
    <TD><img src="rodape.gif" width="49" height="24"></TD>
    <TD align=right><B>Page 1</B></TD>
  </TR>
</TABLE>
<P>&nbsp;</P>


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<H5 align="left" style="page-break-before:always"></H5>
<A name="page_2"></A>

<P align="right"> <IMG src="logo_kof.gif" width="95" height="64" border=0></P>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">
<P align="left"><B>CONSOLIDATED RESULTS</B></P>
<P>
Our consolidated revenues increased 7.1% to Ps. 15,173 million in the fourth quarter of 2006 compared to the fourth quarter of 2005 as a result of increases in all of our territories except for Mexico. Our consolidated average price per unit case
decreased 0.6% to Ps. 28.36 (US$ 2.63) compared to the fourth quarter of 2005; average price per unit case increases in all of our territories partially offset price decline in Mexico.</P>
<P>
Total sales volume increased 6.2% to 523.2 million unit cases in the fourth quarter of 2006 as compared to the same period of 2005, mainly driven by a 7.4% volume growth of brand <I>Coca-Cola</I>, which accounted for almost 75% of our total
incremental volumes during the quarter. Carbonated soft drinks sales volume grew 5.5% to 448.4 million unit cases, driven by incremental volumes across all of our territories. </P>
<P>
Our gross profit rose 2.5% to Ps. 7,165 million in the fourth quarter of 2006, compared to the fourth quarter of 2005 driven by increases in all of our operations, except for Mexico. Gross margin decreased 210 basis points to 47.2% in the fourth
quarter of 2006 from 49.3% in the same period of 2005, due to a 5.1% increase in our average cost per unit case resulting from increases in our sweetener cost in all of our territories, and higher resin prices in some of our territories.</P>
<P>
Our consolidated operating income increased 0.3% to Ps. 2,619 million in the fourth quarter of 2006, with double-digit increases in operating income in Colombia, Central America and Venezuela, and single-digit growth in Brazil, compensating
decreases in Mexico and Argentina. Our operating margin was 17.3% in the fourth quarter of 2006, a decline of 110 basis points as compared to the same period of 2005 mainly due to a decline in the gross margin.</P>
<P>
After an extensive analysis, conducted by a third-party, on the current conditions and expected useful life of our cooler inventories in our territories in Mexico, we decided to modify the useful life of our coolers from five to seven years. We made
this decision based on the benefit of KOF&acute;s maintenance policy and our ability to better manage our cooler platform. This modification reduced our amortization expenses by Ps. 127 million in the fourth quarter of 2006 and benefited our
operating income by a similar amount. Excluding this change our consolidated operating income would have decreased by 4.6% in the fourth quarter of 2006 as compared to the same period of 2005 and the operating margin would have been 16.4% in the
fourth quarter of 2006.</P>
<P>
Our integral cost of financing declined by 68.9% in the fourth-quarter of 2006 to Ps. 91 million as compared to the same period of 2005, mainly driven by a decline in interest expenses resulted from a reduction in our liability position year over
year.</P>
<P>
During the fourth quarter of 2006, income tax, tax on assets and employee profit sharing as a percentage of income before taxes was 30.4% as compared to 35.8% in the same quarter of 2005. During the year our effective tax rate was benefited by a
reduction in the statutory tax rates in some of our operations and the use of tax loss carry forwards, resulting in a reduction in our effective tax rate. </P>
<P>
Our consolidated majority net income increased by 1.3% to Ps. 1,514 million in the fourth quarter of 2006 compared to the fourth quarter of 2005. A reduction in our integral cost of financing and lower effective taxes, more than offset an increase
in other expenses during the quarter. Earnings per share (&#147;EPS&#148;) were Ps. 0.82 (US$ 0.76 per ADR) computed on the basis of 1,846.5 million shares outstanding (each ADR represents 10 local shares). </P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD width=51%></TD>
    <TD width=2%></TD>
    <TD width=46%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><B>February 23, 2007</B></TD>
    <TD><img src="rodape.gif" width="49" height="24"></TD>
    <TD align=right><B>Page 2 </B></TD>
  </TR>
</TABLE>
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<P align="right"> <IMG src="logo_kof.gif" width="95" height="64" border=0> </P>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">
<P> <B>BALANCE SHEET</B></P>
<P>
As of December 31, 2006, Coca-Cola FEMSA had a cash balance of Ps. 4,473 million (US$ 414 million), an increase of Ps. 2,267 million (US$ 210 million) compared to December 31, 2005, resulting mainly from internal cash generation, net of Coca-Cola
FEMSA&#146;s dividend payment in the amount of Ps. 716 million (US$ 66 million) made in the first half of the year, and some additional indebtedness. </P>
<P>
Total short-term debt was Ps. 3,174 million (US$ 294 million) and long-term debt was Ps. 16,189 million (US$ 1,499 million). Net debt decreased approximately Ps. 3,908 million (US$ 362 million) compared to year end of 2005, as a result of the above
mentioned cash generation, and in nominal U.S. dollar terms net debt declined US$ 1,110 million since the second quarter of 2003 when we acquired Panamco. </P>
<P>
During the fourth quarter, we assumed new debt in the amount of Ps. 2,698 million (US$ 250 million) to partially refinance our KOF-06 Yankee Bond and Panamco UDI based note maturities worth an approximate Ps. 3,605 million (US$ 333 million), cash on
hand was used to pay down the remaining amount. </P>
<P>
The weighted average cost of debt for the quarter was 8.01% . The following chart sets forth the Company&#146;s debt profile by currency and interest rate type as of December 31, 2006:</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
<TR>
	<TD width=70%></TD>
	<TD width=2%></TD>
	<TD width=13%></TD>
	<TD width=2%></TD>
	<TD width=13%></TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD colspan="5" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left><B>Currency</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center><B>% Total Debt</B><B><SUP>(2)</SUP></B></TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>% Interest Rate</B>&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>Floating</B><B><SUP>(2)</SUP></B></TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD colspan="5" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
<TR valign="bottom">
	<TD align=left>U.S. dollars&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>45.6%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>36.9%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Mexican pesos&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>46.0%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>10.3%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Colombian pesos&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>3.4%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>25.3%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Other <SUP>(1)</SUP></TD>
	<TD>&nbsp;</TD>
	<TD align=center>4.9%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>0.0%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD colspan="5" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
</TABLE>
<SUP>(1)</SUP> Includes the equivalent of US$ 48.5 million denominated in Argentine pesos, and US$ 38.8 million denominated in Venezuelan bolivares.<br>
<SUP>(2)</SUP> After giving effect to cross-currency swaps.
<br>
<br>
<br>
<br>
<P>
<B>Consolidated Statement of Changes in Financial Position<br>
</B>Expressed in million of Mexican pesos and U.S. dollars as of December 31, 2006</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
<TR>
	<TD width=70%></TD>
	<TD width=2%></TD>
	<TD width=13%></TD>
	<TD width=2%></TD>
	<TD width=13%></TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD colspan="5" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD colspan="3" align=center><B><I>Jan - Dec 2006</I></B>&nbsp;</TD>
  </TR>
<TR valign="bottom">
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right><B><I>Ps.</I></B>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right> &nbsp;<B><I>USD</I></B>&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
<TR valign="bottom">
	<TD align=left>Net income&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>5,053&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right> &nbsp;468&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Non cash charges to net income&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>3,665&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>339&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right><B>8,718</B>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right><B>807</B>&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>Change in working capital&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>(216)</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right> &nbsp;(20)</TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left><B>NRGOA</B><B><SUP>(1)</SUP></B></TD>
	<TD>&nbsp;</TD>
	<TD align=right><B>8,502</B>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right><B>787</B>&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>Total investments&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>(3,068)</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>(284)</TD></TR>
<TR valign="bottom">
	<TD align=left>Dividends paid&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>(716)</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right> &nbsp;(66)</TD></TR>
<TR valign="bottom">
	<TD align=left>Debt reduction&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>(1,653)</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>(153)</TD></TR>
<TR valign="bottom">
	<TD align=left>Deferred taxes and others&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>(798)</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right> &nbsp;(74)</TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left><B>Increase in cash and cash equivalents</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right><B>2,267</B>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right><B>210</B>&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>Cash and cash equivalents at begining of period&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2,206&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>204&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Cash and cash equivalents at end of period&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>4,473&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>414&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD colspan="5" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
</TABLE>
<BR>
<P>
<SUP>(1)</SUP> Net Resources Generated by Operating Activities</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD width=51%></TD>
    <TD width=2%></TD>
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  </TR>
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    <TD align=left><B>February 23, 2007</B></TD>
    <TD><img src="rodape.gif" width="49" height="24"></TD>
    <TD align=right><B>Page 3 </B></TD>
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<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">
<P> <B>MEXICAN OPERATING RESULTS</B></P>
<P>
<B><I>Revenues</I></B> </P>
<P>
Revenues from our Mexican territories decreased 0.5% to Ps. 7,449 million in the fourth quarter of 2006, as compared to the same period of the previous year. Sales volume growth partially compensated for lower average price per unit case. Average
price per unit case declined by 3.0% to Ps. 28.26 (US$ 2.62) as compared to the fourth quarter of 2005, because of the majority of the incremental volume came from multi-serve presentations and jug water, which carry lower prices per unit case.
Excluding <I>Ciel</I> water volume in 5.0, 19.0 and 20.0 -liter packaging presentations, our average price per unit case was Ps. 32.45 (US$ 3.00) a 1.9% decline in real terms as compared to the same period of 2005. </P>
<P>
Total sales volume increased 2.3% to 262.4 million unit cases in the fourth quarter of 2006, as compared to the fourth quarter of 2005, resulted from (i) a 1.1% sales volume growth in carbonated soft drinks, driven by a 3.7% increase in brand
<I>Coca-Cola</I>, (ii) a 6.1% sales volume growth in jug water, and (iii) incremental volumes in non-flavored bottled water in single serve presentation. Non-carbonated beverage segment excluding non-flavored bottled water, grew over 20% in the
fourth quarter of 2006 as compared to the same period of 2005, driven by strong volume growth from <I>Ciel Aquarius</I>, a flavored no-calorie water.</P>
<P>
<B><I>Operating Income </I></B></P>
<P>
Our gross profit declined by 1.1% to Ps. 3,960 million in the fourth quarter of 2006 as compared to the same period of 2005. Gross margin declined from 53.5% in the fourth quarter of 2005 to 53.2% in the same period of 2006, resulted from lower
average prices per unit case year over year.</P>
<P>
As discussed above we modified during the quarter our coolers useful life from five to seven years in our Mexican operations. This modification reduced our amortization expenses by Ps. 127 million in the fourth quarter of 2006 and benefited our
operating income by a similar amount. Excluding this change, our operating expenses would have increased by 6.7% and as a result our operating income would have decreased by 11.8% in the fourth quarter of 2006. Our operating income margin would have
declined by 250 basis points to 19.8% in the fourth quarter of 2006, as compared to the same period of 2005. </P>
<P>
The increase in operating expenses was driven mainly by higher marketing expenses recorded during the quarter in connection with brand building initiatives implemented during the year.</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
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    <TD width=51%></TD>
    <TD width=2%></TD>
    <TD width=46%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><B>February 23, 2007</B></TD>
    <TD><img src="rodape.gif" width="49" height="24"></TD>
    <TD align=right><B>Page 4 </B></TD>
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<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">
<P> <B>CENTRAL AMERICAN OPERATING RESULTS (Guatemala, Nicaragua, Costa Rica and Panama)</B></P>
<P>
<B><I>Revenues</I></B><I> </I></P>
<P>
Revenues reached Ps. 1,114 million in the fourth quarter of 2006, an increase of 15.7% as compared to the same period of 2005. Volume growth accounted for more than 90% of our incremental revenues in the quarter and higher average prices were the
balance. Average price per unit case increased by 3.7% to Ps. 33.61 (US$ 3.11) in the fourth quarter of 2006 as compared to the fourth quarter of 2005, mainly as a result of price increases implemented during the year throughout the region combined
with changes in packaging mix towards non-returnable presentations, which carry higher average price per unit case. </P>
<P>
Total sales volume in our Central American territories grew 15.1% to 32.7 million unit cases in the fourth quarter of 2006, as compared to the same period of 2005, resulting from incremental volumes in each of our Central American territories.
Incremental volumes of brand <I>Coca-Cola </I>accounted for more than 50% of the growth, and flavored carbonated soft drinks and non-carbonated beverages, including bottled water, contributed almost equally to the balance. In the fourth quarter 2006
non-carbonated beverages, excluding non-flavored bottled water, more than double its size from a small base reaching 5.1% of our total sales volume as compared to 2.3% in the fourth quarter of 2005.</P>
<P>
<B><I>Operating Income </I></B></P>
<P>
Gross profit increased by 12.2% in the fourth quarter of 2006, as compared to the same period of 2005, to Ps. 524 million as a result of operating leverage due to higher revenues. Lower polyethylene terephtalate (&#147;PET&#148;) bottle prices were
offset by higher packaging costs coming from a packaging mix shift towards non-returnable presentations, resulting in a gross margin decrease of 150 basis points, from 48.5% in the fourth quarter of 2005 to 47.0%in the same period of 2006.</P>
<P>
Our operating income increased 10.7% to Ps. 186 million in the fourth quarter of 2006 as compared to the fourth quarter of 2005 driven by higher fixed cost absorption resulting from operating leverage. Our operating margin declined 70 basis points
from 17.4% in the fourth quarter of 2005 to 16.7% in the same period of 2006 due to a reduction in the gross margin.</P>
<P>
<B>COLOMBIAN OPERATING RESULTS </B> </P>
<P>
<B><I>Revenues </I></B> </P>
<P>
Total revenues increased 15.1% to Ps. 1,566 million in the fourth quarter of 2006, as compared to the fourth quarter of 2005. Higher volumes drove over 80% of this growth, and higher average prices represented the majority of the balance. Our
average price per unit case grew 2.4% to Ps. 29.16 (US$ 2.70), as a result of price increases implemented in the previous quarters and a mix shift towards higher average price per unit case products. </P>
<P>
Total sales volume in the fourth quarter of 2006 grew 12.3%, as compared to the same period of 2005, to 53.7 million unit cases. Carbonated soft drinks volume growth accounted for over 85% of the incremental volume in the quarter, mainly driven by
brand <I>Coca-Cola</I> with non-flavored water accounting for the majority of the balance. Non-carbonated beverages, excluding non-flavored water, increased 40% from a very low base during the quarter. </P>
<P>
<B><I>Operating Income </I></B></P>
<P>
In spite of cost pressures during the quarter, our gross profit increased 11.1% to Ps. 702 million in the fourth quarter of 2006, as compared to the same period of the previous year. Cost pressures driven by sugar price increases, more than offset
savings resulting from a reduction in PET bottle prices, resulting in a gross margin decline of 160 basis points from 46.4% in the fourth quarter of 2005 to 44.8% in the fourth quarter of 2006. </P>
<P>
Operating expenses decreased by 0.9% in absolute terms and declined by 450 basis points as percentage of total revenues, due to operating leverage achieved by higher revenues as compared to the same period of 2005. Operating income increased 38.3%
to Ps. 267 million in the fourth quarter of 2006, as compared to the same period of 2005, resulting in margin improvement of 280 basis points reaching an operating margin of 17.0% .</P>
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  <TR>
    <TD width=51%></TD>
    <TD width=2%></TD>
    <TD width=46%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><B>February 23, 2007</B></TD>
    <TD><img src="rodape.gif" width="49" height="24"></TD>
    <TD align=right><B>Page 5 </B></TD>
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<P> <B>VENEZUELAN OPERATING RESULTS </B></P>
<P>
<B><I>Revenues </I></B> </P>
<P>
Total revenues from our Venezuelan operations increased 17.1% to Ps. 1,760 million in the fourth quarter of 2006, as compared to the same period of 2005. Volume growth accounted for the incremental revenues in the quarter. Our average price was Ps.
35.28 (US$ 3.27) in the fourth quarter of 2006.</P>
<P>
Total sales volume increased 16.9% to 49.8 million unit cases during the fourth quarter of 2006, as compared to the same quarter of 2005, incremental volumes from carbonated soft drinks accounted for over 90% of the total volume growth. Carbonated
soft drinks sales volume increased 18.0% in the fourth quarter of 2006 as compared to the same period of 2005, brand <I>Coca-Cola</I> and flavored carbonated soft drinks each contributed to almost half of the growth. Non-carbonated beverages,
excluding non-flavored water, grew more than 40% in the quarter compared to the fourth quarter of 2005, mainly driven by <I>Nestea, </I>a ready to drink iced-tea.</P>
<P>
<B><I>Operating Income </I></B></P>
<P>
Gross profit reached Ps. 637 million an increase of 7.2% in the fourth quarter of 2006, as compared to the same period of the previous year. However, our gross margin declined 330 basis points from 39.5% in the fourth quarter of 2005 to 36.2% in the
same period of 2006, due to higher sugar prices, salary increases and higher packaging costs due to a shift in packaging mix to non-returnable presentations, which more than offset higher revenues.</P>
<P>
Operating income reached Ps. 80 million, an increase of 33.3% in the fourth quarter of 2006 as compared to the same period of the previous year. Higher revenues more than offset increases in operating expenses, and the gross margin decline,
resulting in a 50 basis points margin expansion to 4.5% in the fourth quarter of 2006 from 4.0% in the fourth quarter of 2005.  </P>
<P>
<B>ARGENTINE OPERATING RESULTS </B></P>
<P>
<B><I>Revenues </I></B></P>
<P>
In Argentina, our total revenues increased 7.0% to Ps. 988 million in the fourth quarter of 2006, as compared to the same period of the previous year, mainly driven by a 7.6% sales volume growth. During the quarter our product mix shift towards our
premium and core brands, which carry higher average prices per unit case, and together accounted for almost 90% of our total sales volume, resulting in average price per unit case of Ps. 20.50 (US$ 1.90) .</P>
<P>
In the fourth quarter of 2006, total sales volume increased 7.6% to 48.0 million unit cases, as compared to the same period of 2005. Incremental volumes from our core and premium carbonated soft drinks more than offset volume decline from the value
protection carbonated soft drinks, resulting in a 6.2% volume growth in the quarter compared to the same quarter of the previous year. Sales volume of non-carbonated beverages, excluding non-flavored bottled water, tripled its size during the
quarter from a small base reaching 3.3% of our total sales volume in the fourth quarter of 2006 as compared to 1.1% in the same period of the previous year.</P>
<P>
<B><I>Operating Income </I></B></P>
<P>
Gross profit increased 3.0% to Ps. 381 million in the fourth quarter of 2006, as compared to the fourth quarter of 2005. Our gross margin declined 150 basis points to 38.6%, as compared to the fourth quarter of 2005, due to higher sweetener costs
and labor costs increases. </P>
<P>
Operating expenses increased 11.2% in the fourth quarter of 2006 mainly due to higher freight costs and salary expenses. Higher revenues were more than offset by incremental expenses resulting in a decline in operating income of 9.5% to Ps. 133
million in the fourth quarter of 2006, as compare to the same period of 2005. Our operating income margin decreased 240 basis points to 13.5% . </P>
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    <TD align=left><B>February 23, 2007</B></TD>
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    <TD align=right><B>Page 6 </B></TD>
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<P> <B>BRAZILIAN OPERATING RESULTS</B></P>
<P>
<I>In January 2006, FEMSA Cerveza acquired an indirect controlling stake in Cervejarias Kaiser Brasil S.A. or Cervejarias Kaiser. As of February 2006, Coca-Cola FEMSA has subsequently agreed to continue to distribute the Kaiser beer portfolio and to
resume the sales function in S&atilde;o Paulo, Brazil, consistent with the arrangements in place prior to 2004. Beer sales volume will not be included in our sales volume for the 2006 period, although revenues and costs will be recorded in our
income statement. In 2005, we did not include beer that we distributed in Brazil in our sales volumes and net sales. Instead, the amount we received for distributing beer in Brazil is included in other revenues. Therefore, financial information will
not be comparable with previous quarters until the first quarter of 2007, and on a yearly basis, until the end of 2007.</I></P>
<P>
<B><I>Revenues</I></B></P>
<P>
Net revenues increased 20.1% to Ps. 2,290 million in the fourth quarter of 2006 as compared to the same period of 2005. Excluding beer, net revenues increased 5.8% to Ps. 2,017 million in the fourth quarter of 2006, as compared to the same period of
2005 with volume growth accounting for the majority of the incremental net revenues. Excluding beer, average price per unit case increased 0.6% to Ps. 26.34 (US$ 2.44) during the fourth quarter of 2006, driven by product mix shift towards our core
brands, which carry a higher average per unit case prices than our value protection brands. Total revenues from beer were Ps. 273 million in the fourth quarter of 2006.</P>
<P>
Sales volume, excluding beer, increased 5.2% to 76.6 million unit cases in the fourth quarter of 2006 as compared to the fourth quarter of 2005. Carbonated soft drinks sales volume growth accounted for almost 90% of the incremental volumes, driven
by the <I>Coca-Cola</I> brand. Non-carbonated beverages, excluding non-flavored bottled water, grew 60%, driven by the introduction of a fruit juice based product under the <I>Minute Maid Mais</I> brand. </P>
<P>
<B><I>Operating Income </I></B></P>
<P>
In the fourth quarter of 2006, our gross profit increased by 3.7% to Ps. 961 million, as compared to the same period of the previous year, in spite of higher sugar prices year over year, which were partially offset by the appreciation of the
Brazilian real year over year as applied to our U.S. dollar-denominated costs. Gross margin was 41.9% in the fourth quarter of 2006.<I> </I></P>
<P>
Our operating expenses as percentage of total revenues declined from 30.0% in the fourth quarter 2005 to 26.6% in the same period of 2006, due to higher fixed cost absorption driven by incremental revenues. Operating income was Ps. 351 million in
the fourth quarter of 2006, an increase of 3.5% as compared to the same quarter of 2005.</P>
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    <TD align=left><B>February 23, 2007</B></TD>
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    <TD align=right><B>Page 7 </B></TD>
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<P align="left"> <B>SUMMARY OF FULL-YEAR RESULTS </B></P>
<P>
During 2006, our consolidated revenues increased 6.9% to Ps. 57,738 million, as compared with 2005, as a result of growth in all of our territories. Consolidated average price per unit case remained flat in real terms at Ps. 28.36 (US$ 2.63) during
2006, average price increases in almost all our territories offset price declines in Mexico and Argentina. </P>
<P>
Total sales volume increased 5.8% to 1,998.1 million unit cases during 2006, as compared with the same period of the previous year mainly driven by a 6.4% volume growth of brand <I>Coca-Cola</I>, which accounted for almost 70% of our consolidated
incremental volumes. Sales volume growth in Mexico and Brazil, excluding beer, accounted for over 55% of our incremental volume. Carbonated soft drink sales volume grew 5.9% to 1,694.7 million unit cases, driven by incremental volume across all of
our territories. </P>
<P>
Our gross profit increased 4.0% to Ps. 27,542 million in 2006, as compared with the previous year, driven by gross profit growth across all of our territories. Over 45% of this increase came from Brazil and Mexico. Gross margin decreased 130 basis
points to 47.7% in 2006 from 49.0% in the same period of 2005, due to a 3.8% increase in our average cost per unit case resulting from increases in our sweetener cost in all of our territories, and higher resin prices in some of our territories.</P>
<P>
Our consolidated operating income increased 2.6% to Ps. 9,456 million in 2006, as compared with 2005. Mexico, Colombia and Central America accounted for almost half of our growth. Our operating margin decreased 70 basis points to 16.4% during 2006,
mainly due to higher costs per unit case. Excluding the change in the useful life of our coolers in Mexico recorded in the fourth quarter of 2006 mentioned above, our consolidated operating income would have increased 1.2% in the year.</P>
<P>
Our integral cost of financing decreased 9.9% to Ps. 1,134 million during 2006 as compared to 2005, mainly driven by a reduction in interest expenses, which more than offset a foreign exchange loss resulting from the depreciation of the Mexican peso
against the U.S. dollar as applied to our net liability position denominated in foreign currency, compared to a gain recorded during 2005. </P>
<P>
During 2006, income tax, tax on assets and employee profit sharing as a percentage of income before taxes was 34.0% as compared to 36.0% in 2005. During the year our effective tax rate was benefited by a reduction in the statutory tax rates in some
of our operations and the use of tax loss carry forwards, resulting in a reduction in our effective tax rate. </P>
<P>
Our consolidated majority net income increased by 2.6% to Ps. 4,883 million in 2006 compared to 2005 driven by (i) higher operating income, (ii) lower interest expenses, and (iii) a reduction in our effective tax rate. Earnings per share
(&#147;EPS&#148;) were Ps. 2.64 (US$ 2.45 per ADR) computed on the basis of 1,846.5 million shares outstanding (each ADR represents 10 local shares).</P>
<P>
<B>RECENT DEVELOPMENTS</B> </P>
<UL>
<LI>
On November 3rd, 2006, Fomento Econ&oacute;mico Mexicano, S.A.B. de C.V. (&#147;FEMSA&#148;) completed the acquisition through its subsidiary, Compa&ntilde;ia Internacional de Bebidas, S.A. de C.V., of 148,000,000 Series &#147;D&#148; shares of
Coca-Cola FEMSA from certain subsidiaries of The Coca-Cola Company (&#147;TCCC&#148;), representing 8.02% of the total outstanding equity of Coca-Cola FEMSA, at a price of US$ 2.888 per share for an aggregate amount of US$ 427.4 million. The
acquisition of additional shares took place pursuant to a Memorandum of Understanding between FEMSA and TCCC relating to the acquisition of Panamco by Coca-Cola FEMSA in 2003.<br>
<BR>
Following the acquisition by FEMSA of shares from TCCC, the economic ownership of Coca-Cola FEMSA is 53.7% for FEMSA, 31.6% for TCCC, and the public float remains unchanged at 14.7%. Voting ownership in Coca-Cola FEMSA is now 63.0% for FEMSA and
37.0% for TCCC. The acquisition does not represent a change in the control or management of the company.<br>
<br>
</LI>
<LI>
On December 19, 2006 Coca-Cola FEMSA S.A.B de C.V. and The Coca-Cola Company announced an agreement with the controlling shareholders of Jugos del Valle, S.A.B. de C.V. (BMV: VALLEB) (&#147;Jugos del Valle&#148;) to acquire through a public tender
offer in Mexico up to 100% of the outstanding public shares of Jugos del Valle for approximately US$380 million in cash. The price assumes a total aggregate value of approximately US$ 470 mm including approximately US$90 million in net debt. The
final price to be paid will be based on the actual level of debt, net working capital and other</LI>
</UL>

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    <TD width=51%></TD>
    <TD width=2%></TD>
    <TD width=46%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><B>February 23, 2007</B></TD>
    <TD><img src="rodape.gif" width="49" height="24"></TD>
    <TD align=right><B>Page 8 </B></TD>
  </TR>
</TABLE>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">

<H5 align="left" style="page-break-before:always"></H5>
<A name="page_9"></A>

<P align="right"> <IMG src="logo_kof.gif" border=0> </P>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">
<P>
liabilities on the date the tender offer is launched. The tender offer will be launched once regulatory approvals have been obtained.</P>
<P>
<B>CONFERENCE CALL INFORMATION </B></P>
<P>
Our fourth-quarter 2006 Conference Call will be held on: February 23, 2007, at 11:00 A.M. Eastern Time (10:00 A.M. Mexico City Time). To participate in the conference call, please dial: Domestic U.S.: 866-700-7477, Mexico: 001-866-656-5787 and
International: 617-213-8840. We invite investors to listen to the live audiocast of the conference call on the Company&#146;s website, <U>www.coca-colafemsa.com</U> </P>
<P>
If you are unable to participate live, an instant replay of the conference call will be available through March 5, 2007. To listen to the replay, please dial: Domestic U.S.: 888-286-8010 or International: 617-801-6888. Pass code: 98344233. </P>
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  <TR valign="bottom">
    <TD align=left><B>February 23, 2007</B></TD>
    <TD><img src="rodape.gif" width="49" height="24"></TD>
    <TD align=right><B>Page 9 </B></TD>
  </TR>
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<A name="page_10"></A>

<P align="right"> <IMG src="logo_kof.gif" border=0> </P>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">
<p>&nbsp;</p>
<P align="center"><img src="bolinhas.gif"></P>
<P>&nbsp;</P>
<P>
Coca-Cola FEMSA, S.A.B. de C.V. produces and distributes <I>Coca-Cola, Sprite, Fanta, Lift</I> 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 S&atilde;o Paulo, Campi&ntilde;as, Santos, the state of
Mato Grosso do Sul and part of the state of Goias) 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. </P>
<P align="center"><img src="bolinhas.gif"></P>
<P>
Figures for the Company&#146;s operations in Mexico and its consolidated international operations were prepared in accordance with Mexican generally accepted accounting principles (Mexican GAAP). All figures are expressed in constant Mexican pesos
with purchasing power at December 31, 2006. For comparison purposes, 2005 and 2006 figures from the Company&#146;s operations have been restated taking into account local inflation of each country with reference to the consumer price index and
converted from local currency into Mexican pesos using the official exchange rate at the end of the period published by the local central bank of each country. In addition, all comparisons in this report for the fourth quarter of 2006, which ended
on December 31, 2006, are made against the figures for the comparable period in 2005, unless otherwise noted. </P>
<P>
This news release may contain forward-looking statements concerning Coca-Cola FEMSA&#146;s future performance and should be considered as good faith estimates by Coca-Cola FEMSA. These forward-looking statements reflect management&#146;s
expectations and are based upon currently available data. Actual results are subject to future events and uncertainties, many of which are outside Coca-Cola FEMSA&#146;s control that could materially impact the Company&#146;s actual performance.
</P>
<P>
References herein to &#147;US$&#148; are to United States dollars. This news release contains translations of certain Mexican peso amounts into U.S. dollars for the convenience of the reader. These translations should not be construed as
representations that Mexican peso amounts actually represent such U.S. dollar amounts or could be converted into U.S. dollars at the rate indicated. </P>
<P>
U.S. dollar amounts in this report solely for the convenience of the reader have been translated from Mexican pesos at the noon day buying rate for pesos as published by the Federal Reserve Bank of New York at December 31, 2006, which exchange rate
was Ps. 10.7995 to $1.00. </P>
<P align="center"><img src="bolinhas.gif"></P>
<P align="center">
(7 pages of tables to follow)</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
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  </TR>
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    <TD align=left><B>February 23, 2007</B></TD>
    <TD><img src="rodape.gif" width="49" height="24"></TD>
    <TD align=right><B>Page 10 </B></TD>
  </TR>
</TABLE>
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<H5 align="left" style="page-break-before:always"></H5>
<A name="page_11"></A>

<P align="right"> <IMG src="logo_kof.gif" border=0> </P>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">
<P> <B>Consolidated Balance Sheet<br>
</B>Expressed in million of Mexican pesos with purchasing power as of December 31, 2006</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
<TR>
	<TD width=40%></TD>
	<TD width=2%></TD>
	<TD width=13%></TD>
	<TD width=2%></TD>
	<TD width=13%></TD>
	<TD width=2%></TD>
	<TD width=13%></TD>
	<TD width=2%></TD>
	<TD width=13%></TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left><B>Assets</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center><B>Dec 06</B>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>Dec 05</B>&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
<TR valign="bottom">
	<TD align=left><B>Current Assets</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Cash and cash equivalents&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>Ps.&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>4,473&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>Ps.&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2,206&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Total accounts receivable&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2,947&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2,730&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Inventories&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2,798&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2,331&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Prepaid expenses and other&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>853&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>847&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
<TR valign="bottom">
	<TD align=left>Total current assets&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>11,071&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>8,114&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
<TR valign="bottom">
	<TD align=left><B>Property, plant and equipment</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Property, plant and equipment&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>33,944&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>33,866&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Accumulated depreciation&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>-15,231&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>-15,079&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Bottles and cases&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,164&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,130&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
<TR valign="bottom">
	<TD align=left>Total property, plant and equipment, net&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>19,877&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>19,917&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
<TR valign="bottom">
	<TD align=left><B>Investment in shares and other</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>437&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>506&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left><B>Deferred charges, net</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,717&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,380&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left><B>Intangibles assets and other assets</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>41,922&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>41,115&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
<TR valign="bottom">
	<TD align=left><B>Total Assets</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right><B>Ps.</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right><B>75,024</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right><B>Ps.</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right><B>71,032</B>&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
<TR>
	<TD colspan=9>&nbsp;</TD></TR>
<TR>
	<TD colspan=9>&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left><B>Liabilities and Stockholders' Equity</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center><B>Dec 06</B>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>Dec 05</B>&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
<TR valign="bottom">
	<TD align=left><B>Current Liabilities</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Short-term bank loans and notes&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>Ps.&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>3,174&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>Ps.&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>4,689&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Interest payable&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>270&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>340&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Suppliers&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>5,164&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>4,957&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Other current liabilities&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>3,438&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2,977&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
<TR valign="bottom">
	<TD align=left>Total Current Liabilities&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>12,046&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>12,963&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
<TR valign="bottom">
	<TD align=left>Long-term bank loans&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>16,189&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>16,315&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Pension plan and seniority premium&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>862&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>821&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Other liabilities&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>4,443&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>4,228&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
<TR valign="bottom">
	<TD align=left>Total Liabilities&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>33,540&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>34,327&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
<TR valign="bottom">
	<TD align=left><B>Stockholders' Equity</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Minority interest&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,214&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,168&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Majority interest:&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Capital stock&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>3,003&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>3,003&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Additional paid in capital&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>12,850&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>12,850&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Retained earnings of prior years&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>22,289&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>18,246&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Net income for the period&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>4,883&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>4,759&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Cumulative results of holding non-monetary assets&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>-2,755&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>-3,321&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
<TR valign="bottom">
	<TD align=left>Total majority interest&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>40,270&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>35,537&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
<TR valign="bottom">
	<TD align=left>Total stockholders' equity&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>41,484&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>36,705&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
<TR valign="bottom">
	<TD align=left><B>Total Liabilities and Equity</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right><B>Ps.</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right><B>75,024</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right><B>Ps.</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right><B>71,032</B>&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
</TABLE>
<br>
<br>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD width=51%></TD>
    <TD width=2%></TD>
    <TD width=46%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><B>February 23, 2007</B></TD>
    <TD><img src="rodape.gif" width="49" height="24"></TD>
    <TD align=right><B>Page 11 </B></TD>
  </TR>
</TABLE>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">

<H5 align="left" style="page-break-before:always"></H5>
<A name="page_12"></A>

<P align="right"> <IMG src="logo_kof.gif" border=0> </P>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">
<P> <B>Consolidated Income Statement<br>
</B>Expressed in million of Mexican pesos<SUP>(1)</SUP> with purchasing power as of December 31, 2006</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:8px">
<TR>
	<TD width=40%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD></TR>
<TR valign="bottom">
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center><B>4Q 06</B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b> % Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>4Q 05 </B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b>% Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B> </B><FONT FACE="Symbol"><B>D</B></FONT>%&nbsp;&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>YTD 06 </B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b>% Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>YTD 05 </B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b>% Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B> </B><FONT FACE="Symbol"><B>D</B></FONT>%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan=3 align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan=3 align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>Sales Volume (million unit cases)</TD>
	<TD>&nbsp;</TD>
	<TD align=right>523.2&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>492.6&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,998.1&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,889.3&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.8%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Average price per unit case&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>28.37&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>28.52&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-0.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>28.36&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>28.37&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>0.0%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>Net revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>15,112&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>14,049&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>57,539&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>53,601&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7.3%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Other operating revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>61&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>116&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-47.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>199&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>396&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-49.7%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>Total revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>15,173&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>14,165&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>57,738&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>53,997&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6.9%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Cost of sales&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>8,008&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>52.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7,175&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>50.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>11.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>30,196&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>52.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>27,522&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>51.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>9.7%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>Gross profit&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>7,165&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>47.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6,990&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>49.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>27,542&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>47.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>26,475&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>49.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.0%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>Operating expenses&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>4,546&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>30.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4,378&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>30.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>18,086&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>17,257&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>32.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.8%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>Operating income&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2,619&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>17.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,612&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>18.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>0.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>9,456&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>9,218&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>17.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.6%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left> &nbsp; &nbsp;Interest expense&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>515&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>659&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-21.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,124&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,568&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-17.3%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left> &nbsp; &nbsp;Interest income&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>66&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>69&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-4.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>315&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>311&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1.3%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left> &nbsp; &nbsp;Interest expense, net&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>449&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>590&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-23.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,809&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,257&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-19.8%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left> &nbsp; &nbsp;Foreign exchange (gain) loss&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>52&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>11&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>372.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>228&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>(199)</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-214.6%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left> &nbsp; &nbsp;Gain on monetary position&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>(387)</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>(396)</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-2.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>(1,016)</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>(853)</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>19.1%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left> &nbsp; &nbsp;Unhedged derivative instrument (gain) loss&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>(23)</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>88&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-126.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>113&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>53&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>113.2%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>Integral cost of financing&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>91&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>293&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-68.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,134&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,258&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-9.9%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Other (income) expenses, net&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>258&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>(23)</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-1221.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>662&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>336&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>97.0%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>Income before taxes&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2,270&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,342&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-3.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7,660&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7,624&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>0.5%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Taxes&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>689&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>839&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-17.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,607&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,741&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-4.9%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>Consolidated net income&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,581&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,503&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5,053&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4,883&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3.5%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>Majority net income&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,514&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>10.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,495&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>10.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4,883&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>8.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4,759&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>8.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.6%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>Minority net income&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>67&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>8&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>737.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>170&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>124&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>37.1%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>Operating income&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2,619&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>17.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,612&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>18.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>0.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>9,456&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>9,218&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>17.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.6%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Depreciation&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>356&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>376&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-5.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,504&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,407&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6.9%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Amortization and Other non-cash charges <SUP>(2)</SUP></TD>
	<TD>&nbsp;</TD>
	<TD align=right>194&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>382&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-49.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,259&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,297&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-2.9%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="right"></TD>
  <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>EBITDA <SUP>(3)</SUP></TD>
	<TD>&nbsp;</TD>
	<TD align=right>3,169&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>20.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3,370&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>23.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-6.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>12,219&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>21.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>11,922&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>22.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.5%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
</TABLE>
<BR>
<P>
<SUP>(1)</SUP> Except volume and average price per unit case figures.<br>
<SUP>(2)</SUP> Includes returnable bottle breakage expense.<br>
<SUP>(3)</SUP> EBITDA = Operating Income + Depreciation +Amortization &amp; Other non-cash charges.</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD width=51%></TD>
    <TD width=2%></TD>
    <TD width=46%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><B>February 23, 2007</B></TD>
    <TD><img src="rodape.gif" width="49" height="24"></TD>
    <TD align=right><B>Page 12 </B></TD>
  </TR>
</TABLE>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">

<H5 align="left" style="page-break-before:always"></H5>
<A name="page_13"></A>

<P align="right"> <IMG src="logo_kof.gif" border=0> </P>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">
<P> <B>Mexican operations<br>
</B>Expressed in million of Mexican pesos<SUP>(1)</SUP> with purchasing power as of December 31, 2006</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:8px">
<TR>
	<TD width=40%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD></TR>
<TR valign="bottom">
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center><B>4Q 06</B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b> % Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>4Q 05 </B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b>% Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B> </B><FONT FACE="Symbol"><B>D</B></FONT>%&nbsp;&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>YTD 06 </B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b>% Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>YTD 05 </B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b>% Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B> </B><FONT FACE="Symbol"><B>D</B></FONT>%&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan=3 align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan=3 align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>Sales Volume (million unit cases)</TD>
	<TD>&nbsp;</TD>
	<TD align=right>262.4&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>256.4&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,070.7&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,025.0&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.5%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Average price per unit case&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>28.26&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>29.14&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-3.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>28.29&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>28.90&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-2.1%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Net revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>7,416&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7,471&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-0.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>30,293&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>29,618&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.3%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Other operating revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>33&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>19&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>73.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>67&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>96&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-30.2%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Total revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>7,449&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7,490&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-0.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>30,360&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>29,714&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.2%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Cost of sales&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>3,489&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>46.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3,486&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>46.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>0.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>14,296&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>47.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>13,930&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>46.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.6%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Gross profit&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>3,960&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>53.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4,004&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>53.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-1.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16,064&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>52.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>15,784&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>53.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1.8%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Operating expenses&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2,358&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,331&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>9,673&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>9,415&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.7%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Operating income&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,602&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>21.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,673&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>22.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-4.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6,391&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>21.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6,369&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>21.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>0.3%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Depreciation, Amortization &amp; Other non-cash charges <SUP>(2)</SUP></TD>
	<TD>&nbsp;</TD>
	<TD align=right>233&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>477&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-51.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,565&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,593&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-1.8%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>EBITDA <SUP>(3)</SUP></TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,835&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>24.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,150&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>28.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-14.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7,956&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>26.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7,962&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>26.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-0.1%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
</TABLE>
<BR>
<P>
<SUP>(1)</SUP> Except volume and average price per unit case figures. <br>
<SUP>(2)</SUP> Includes returnable bottle breakage expense.<br>
<SUP>(3)</SUP> EBITDA = Operating Income + Depreciation + Amortization &amp; Other non-cash charges.</P>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">
<p>&nbsp;</p>
<P>
<B>Central American operations<br>
</B>Expressed in million of Mexican pesos<SUP>(1)</SUP> with purchasing power as of December 31, 2006</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:8px">
<TR>
	<TD width=40%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD></TR>
<TR valign="bottom">
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center><B>4Q 06</B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b> % Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>4Q 05 </B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b>% Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B> </B><FONT FACE="Symbol"><B>D</B></FONT>%&nbsp;&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>YTD 06 </B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b>% Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>YTD 05 </B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b>% Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B> </B><FONT FACE="Symbol"><B>D</B></FONT>%&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan=3 align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan=3 align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>Sales Volume (million unit cases)</TD>
	<TD>&nbsp;</TD>
	<TD align=right>32.7&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>28.4&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>15.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>120.3&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>109.4&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>10.0%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Average price per unit case&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>33.61&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>32.39&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>34.09&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>32.81&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3.9%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Net revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,099&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>920&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>19.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4,101&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3,589&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>14.3%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Other operating revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>15&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>43&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-65.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>41&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>46&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-10.9%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Total revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,114&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>963&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>15.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4,142&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3,635&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>13.9%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Cost of sales&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>590&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>53.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>496&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>51.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>19.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,211&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>53.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,893&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>52.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16.8%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Gross profit&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>524&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>47.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>467&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>48.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>12.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,931&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>46.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,742&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>47.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>10.8%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Operating expenses&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>338&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>30.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>299&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>13.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,319&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,246&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>34.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.9%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Operating income&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>186&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>168&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>17.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>10.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>612&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>14.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>496&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>13.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>23.4%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Depreciation, Amortization &amp; Other non-cash charges <SUP>(2)</SUP></TD>
	<TD>&nbsp;</TD>
	<TD align=right>55&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>43&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>27.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>217&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>214&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1.4%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>EBITDA <SUP>(3)</SUP></TD>
	<TD>&nbsp;</TD>
	<TD align=right>241&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>21.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>211&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>21.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>14.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>829&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>20.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>710&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>19.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16.8%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
</TABLE>
<BR>
<P>
<SUP>(1)</SUP> Except volume and average price per unit case figures.<br>
<SUP>(2)</SUP> Includes returnable bottle breakage expense.<br>
<SUP>(3)</SUP> EBITDA = Operating Income + Depreciation + Amortization &amp; Other non-cash charges.</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD width=51%></TD>
    <TD width=2%></TD>
    <TD width=46%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><B>February 23, 2007</B></TD>
    <TD><img src="rodape.gif" width="49" height="24"></TD>
    <TD align=right><B>Page 13 </B></TD>
  </TR>
</TABLE>
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<H5 align="left" style="page-break-before:always"></H5>
<A name="page_14"></A>

<P align="right"> <IMG src="logo_kof.gif" border=0> </P>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">
<P> <B>Colombian operation<br>
</B>Expressed in million of Mexican pesos<SUP>(1)</SUP> with purchasing power as of December 31, 2006</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:8px">
<TR>
	<TD width=40%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD></TR>
<TR valign="bottom">
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center><B>4Q 06</B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b> % Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>4Q 05 </B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b>% Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B> </B><FONT FACE="Symbol"><B>D</B></FONT>%&nbsp;&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>YTD 06 </B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b>% Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>YTD 05 </B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b>% Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B> </B><FONT FACE="Symbol"><B>D</B></FONT>%&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan=3 align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan=3 align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>Sales Volume (million unit cases)</TD>
	<TD>&nbsp;</TD>
	<TD align=right>53.7&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>47.8&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>12.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>190.9&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>179.8&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6.2%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Average price per unit case&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>29.16&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>28.47&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>28.83&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>28.28&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.0%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Net revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,566&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,361&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>15.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5,504&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5,084&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>8.3%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Other operating revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right> &nbsp;-&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right> &nbsp;-&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>N.M.&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>N.M.&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Total revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,566&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,361&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>15.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5,507&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5,084&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>8.3%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Cost of sales&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>864&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>55.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>729&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>53.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>18.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3,067&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>55.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,791&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>54.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>9.9%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Gross profit&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>702&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>44.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>632&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>46.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>11.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,440&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>44.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,293&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>45.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6.4%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Operating expenses&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>435&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>27.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>439&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>32.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-0.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,713&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,718&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>33.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-0.3%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Operating income&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>267&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>17.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>193&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>14.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>38.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>727&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>13.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>575&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>11.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>26.4%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Depreciation, Amortization &amp; Other non-cash charges <SUP>(2)</SUP></TD>
	<TD>&nbsp;</TD>
	<TD align=right>77&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>72&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>295&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>299&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-1.3%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>EBITDA <SUP>(3)</SUP></TD>
	<TD>&nbsp;</TD>
	<TD align=right>344&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>22.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>265&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>19.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>29.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,022&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>18.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>874&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>17.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16.9%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
</TABLE>
<BR>
<P>
<SUP>(1)</SUP> Except volume and average price per unit case figures.<br>
<SUP>(2)</SUP> Includes returnable bottle breakage expense.<br>
<SUP>(3)</SUP> EBITDA = Operating Income + Depreciation + Amortization &amp; Other non-cash charges.</P>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">
<P>&nbsp;</P>
<P>
<B>Venezuelan operations<br>
</B>Expressed in million of Mexican pesos<SUP>(1)</SUP> with purchasing power as of December 31, 2006</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:8px">
<TR>
	<TD width=40%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD></TR>
<TR valign="bottom">
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center><B>4Q 06</B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b> % Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>4Q 05 </B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b>% Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B> </B><FONT FACE="Symbol"><B>D</B></FONT>%&nbsp;&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>YTD 06 </B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b>% Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>YTD 05 </B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b>% Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B> </B><FONT FACE="Symbol"><B>D</B></FONT>%&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 1px">
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan=3 align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan=3 align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>Sales Volume (million unit cases)</TD>
	<TD>&nbsp;</TD>
	<TD align=right>49.8&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>42.6&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>16.9%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>182.6&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>172.5&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>5.9%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Average price per unit case&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>35.28&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>35.19&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>0.3%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>35.68&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>33.97&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>5.1%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD>&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD>&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD>&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD>&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Net revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,757&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,499&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>17.2%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>6,516&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>5,859&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>11.2%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Other operating revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>3&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>4&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>-25.0%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>16&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>15&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>6.7%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Total revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,760&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,503&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>17.1%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>6,532&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>5,874&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>11.2%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Cost of sales&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,123&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>63.8%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>909&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>60.5%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>23.5%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>4,054&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>62.1%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>3,506&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>59.7%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>15.6%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Gross profit&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>637&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>36.2%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>594&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>39.5%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>7.2%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2,478&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>37.9%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2,368&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>40.3%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>4.6%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Operating expenses&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>557&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>31.6%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>534&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>35.5%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>4.3%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2,309&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>35.3%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2,092&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>35.6%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>10.4%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Operating income&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>80&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>4.5%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>60&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>4.0%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>33.3%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>169&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2.6%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>276&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>4.7%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>-38.8%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Depreciation, Amortization &amp; Other non-cash charges <SUP>(2)</SUP></TD>
	<TD>&nbsp;</TD>
	<TD align=right>75&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>4.3%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>74&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>4.9%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1.4%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>333&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>5.1%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>288&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>4.9%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>15.6%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>EBITDA <SUP>(3)</SUP></TD>
	<TD>&nbsp;</TD>
	<TD align=right>155&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>8.8%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>134&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>8.9%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>15.7%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>502&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>7.7%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>564&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>9.6%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>-11.0%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
</TABLE>
<BR>
<P>
<SUP>(1)</SUP> Except volume and average price per unit case figures.<br>
<SUP>(2)</SUP> Includes returnable bottle breakage expense.<br>
<SUP>(3)</SUP> EBITDA = Operating Income + Depreciation + Amortization &amp; Other non-cash charges.</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD width=51%></TD>
    <TD width=2%></TD>
    <TD width=46%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><B>February 23, 2007</B></TD>
    <TD><img src="rodape.gif" width="49" height="24"></TD>
    <TD align=right><B>Page 14 </B></TD>
  </TR>
</TABLE>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">

<H5 align="left" style="page-break-before:always"></H5>
<A name="page_15"></A>

<P align="right"> <IMG src="logo_kof.gif" border=0> </P>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">
<P> <B>Argentine operations<br>
</B>Expressed in million of Mexican pesos<SUP>(1)</SUP> with purchasing power as of December 31, 2006</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:8px">
<TR>
	<TD width=40%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD></TR>
<TR valign="bottom">
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center><B>4Q 06</B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b> % Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>4Q 05 </B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b>% Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B> </B><FONT FACE="Symbol"><B>D</B></FONT>%&nbsp;&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>YTD 06 </B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b>% Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>YTD 05 </B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b>% Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B> </B><FONT FACE="Symbol"><B>D</B></FONT>%&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan=3 align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan=3 align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>Sales Volume (million unit cases)</TD>
	<TD>&nbsp;</TD>
	<TD align=right>48.0&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>44.6&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>164.9&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>150.1&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>9.9%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Average price per unit case&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>20.50&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>20.00&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>19.68&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>19.85&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-0.8%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Net revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>984&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>892&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>10.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3,246&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,979&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>9.0%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Other operating revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>4&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-87.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>35&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>111&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-68.5%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Total revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>988&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>923&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3,281&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3,090&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6.2%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Cost of sales&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>607&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>61.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>553&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>59.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>9.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,989&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>60.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,876&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>60.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6.0%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Gross profit&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>381&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>38.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>370&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>40.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,292&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>39.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,214&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>39.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6.4%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Operating expenses&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>248&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>25.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>223&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>24.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>11.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>873&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>26.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>748&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>24.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16.7%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Operating income&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>133&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>13.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>147&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>15.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-9.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>419&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>12.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>466&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>15.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-10.1%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Depreciation, Amortization &amp; Other non-cash charges <SUP>(2)</SUP></TD>
	<TD>&nbsp;</TD>
	<TD align=right>55&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>38&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>44.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>179&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>144&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>24.3%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>EBITDA <SUP>(3)</SUP></TD>
	<TD>&nbsp;</TD>
	<TD align=right>188&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>19.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>185&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>20.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>598&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>18.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>610&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>19.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-2.0%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
</TABLE>
<BR>
<P>
<SUP>(1)</SUP> Except volume and average price per unit case figures. <SUP><br>
(2)</SUP> Includes returnable bottle breakage expense.<br>
<SUP>(3)</SUP> EBITDA = Operating Income + Depreciation + Amortization &amp; Other non-cash charges.</P>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">
<P>&nbsp;</P>
<P>
<B>Brazilian operations<br>
</B>Expressed in million of Mexican pesos<SUP>(1)</SUP> with purchasing power as of December 31, 2006</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:8px">
<TR>
	<TD width=40%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD>
	<TD width=1%></TD>
	<TD width=5%></TD></TR>
<TR valign="bottom">
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center><B>4Q 06<sup>(2)</sup></B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b> % Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>4Q 05<sup>(3)</sup></B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b>% Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B> </B><FONT FACE="Symbol"><B>D</B></FONT>%&nbsp;&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>YTD 06<sup>(2)</sup></B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b>% Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>YTD 05<sup>(3)</sup></B></TD>
	<TD align=center>&nbsp;</TD>
	<TD align=center><b>% Rev</b>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B> </B><FONT FACE="Symbol"><B>D</B></FONT>%&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan=3 align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan=3 align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>Sales Volume (million unit cases)</TD>
	<TD>&nbsp;</TD>
	<TD align=right>76.6&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>72.8&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>268.7&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>252.5&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6.4%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Average price per unit case&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>26.34&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>26.18&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>0.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>26.10&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>25.63&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1.8%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Net revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2,290&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,906&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>20.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7,879&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6,472&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>21.7%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Other operating revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>6&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>55&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-89.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>37&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>179&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-79.3%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Total revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2,296&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,961&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>17.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7,916&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6,651&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>19.0%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Cost of sales&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,335&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>58.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,034&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>52.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>29.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4,579&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>57.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3,526&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>53.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>29.9%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Gross profit&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>961&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>41.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>927&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>47.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3,337&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>42.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3,125&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>47.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6.8%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Operating expenses&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>610&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>26.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>588&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>30.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,199&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>27.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,089&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.3%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Operating income&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>351&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>15.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>339&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>17.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,138&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>14.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,036&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>15.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>9.8%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Depreciation, Amortization &amp; Other non-cash charges <SUP>(4)</SUP></TD>
	<TD>&nbsp;</TD>
	<TD align=right>55&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>54&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>174&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>166&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.8%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
<TD colspan="3" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>EBITDA <SUP>(5)</SUP></TD>
	<TD>&nbsp;</TD>
	<TD align=right>406&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>17.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>393&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>20.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,312&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,202&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>18.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>9.2%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
<TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
</TABLE>
<BR>
<P>
<SUP>(1)</SUP> Except volume and average price per unit case figures.<br>
<SUP>(2)</SUP> Includes beer results except in sales volume and average price per unit case.<br>
<SUP>(3)</SUP> Excludes beer results except in other operating revenues, where net proceeds from beer are recorded. <br>
<SUP>(4)</SUP> Includes returnable bottle breakage expense.<br>
<SUP>(5)</SUP> EBITDA = Operating Income + Depreciation + Amortization &amp; Other non-cash charges.</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD width=51%></TD>
    <TD width=2%></TD>
    <TD width=46%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><B>February 23, 2007</B></TD>
    <TD><img src="rodape.gif" width="49" height="24"></TD>
    <TD align=right><B>Page 15 </B></TD>
  </TR>
</TABLE>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">

<H5 align="left" style="page-break-before:always"></H5>
<A name="page_16"></A>

<P align="right"> <IMG src="logo_kof.gif" border=0> </P>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">
<P> <B>SELECTED INFORMATION</B></P>
<P>
<B>For the three months ended December 31, 2006 and 2005</B></P>
<P>
<B><I>Expressed in million of Mexican pesos as of December 31, 2006</I></B></P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD width=20%></TD>
    <TD width=2%></TD>
    <TD width=13%></TD>
    <TD width=2%></TD>
    <TD width=26%></TD>
    <TD width=2%></TD>
    <TD width=20%></TD>
    <TD width=2%></TD>
    <TD width=13%></TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD></TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD></TD>
    <TD></TD>
    <TD></TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center><B>4Q 05</B>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><B>4Q 06</B>&nbsp;&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Capex&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>1,069.4&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>Capex&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>757.5&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Depreciation&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>375.5&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>Depreciation&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>356.2&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Amortization &amp; Other non-cash charges&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>381.6&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>Amortization &amp; Other non-cash charges&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>194.0&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
</TABLE>
<br>
<br>
<BR>
<P>
<B>VOLUME<br>
</B><B><I>Expressed in million unit cases</I></B></P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD width=10%></TD>
    <TD width=1%></TD>
    <TD width=4%></TD>
    <TD width=1%></TD>
    <TD width=4%></TD>
    <TD width=1%></TD>
    <TD width=4%></TD>
    <TD width=1%></TD>
    <TD width=3%></TD>
    <TD width=1%></TD>
    <TD width=24%></TD>
    <TD width=1%></TD>
    <TD width=4%></TD>
    <TD width=1%></TD>
    <TD width=4%></TD>
    <TD width=1%></TD>
    <TD width=4%></TD>
    <TD width=1%></TD>
    <TD width=4%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="7" align=center><B>4Q 05</B>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="7" align=center><B>4Q 06</B>&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="7" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="7" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center><B>CSD</B>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><B>Water</B>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><B>Other</B>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><b>Total</b>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><b>CSD</b>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><b>Water</b>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><B>Other</B>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><B>Total</B>&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="7" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Mexico&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>207.3&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>46.0&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>3.1&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>256.4&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>210.7&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>49.2&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;2.5&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>262.4&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Central America&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>26.5&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>1.2&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>0.7&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>28.4&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>29.7&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>1.4&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;1.6&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>32.7&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Colombia&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>42.3&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>5.0&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>0.5&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>47.8&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>47.5&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>5.5&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;0.7&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>53.7&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Venezuela&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>37.6&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>3.3&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>1.7&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>42.6&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>44.3&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>3.1&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;2.4&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>49.8&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Brazil&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>66.8&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>5.4&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>0.6&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>72.8&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>70.1&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>5.6&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;0.9&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>76.6&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Argentina&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>43.4&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>0.7&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>0.5&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>44.6&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>46.0&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>0.4&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;1.6&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>48.0&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="right"></TD>
    <TD align="right">&nbsp;</TD>
    <TD align="right"></TD>
    <TD colspan="7" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Total&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>423.9&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>61.6&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>7.1&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>492.6&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>448.3&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>65.2&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;9.7&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>523.2&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="7" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
</TABLE>
<br>
<BR>
<BR>
<P>
<B>PACKAGE MIX BY PRESENTATION<br>
</B><B><I>Expressed as a Percentage of Total Volume</I></B></P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD width=10%></TD>
    <TD width=1%></TD>
    <TD width=4%></TD>
    <TD width=1%></TD>
    <TD width=6%></TD>
    <TD width=1%></TD>
    <TD width=4%></TD>
    <TD width=1%></TD>
    <TD width=3%></TD>
    <TD width=1%></TD>
    <TD width=20%></TD>
    <TD width=1%></TD>
    <TD width=4%></TD>
    <TD width=1%></TD>
    <TD width=6%></TD>
    <TD width=1%></TD>
    <TD width=4%></TD>
    <TD width=1%></TD>
    <TD width=4%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="7" align=center>&nbsp;<B>4Q 05</B>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="7" align=center><B>4Q 06</B>&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="7" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="7" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center><B>Ret</B>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><b>Non-Ret</b>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><b>Fountain</b>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><b>Jug</b>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><b>Ret</b>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><B>Non-Ret</B>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><B>Fountain</B>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><B>Jug</B>&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="7" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Mexico&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>25.6&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>59.3&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>1.3&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>13.8&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>25.0&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>59.4&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right> &nbsp;1.3&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>14.3&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Central America&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>37.3&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>58.2&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>4.5&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>-&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>32.4&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>63.4&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right> &nbsp;4.2&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp; &nbsp; &nbsp;-&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Colombia&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>42.8&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>48.7&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>3.3&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp; &nbsp; &nbsp;5.2&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>41.4&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>50.4&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right> &nbsp;3.2&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp; &nbsp; &nbsp;5.0&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Venezuela&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>23.1&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>70.4&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>3.7&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>2.8&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>13.1&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>83.0&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right> &nbsp;3.9&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp; &nbsp; &nbsp;-&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Brazil&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>9.1&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;87.5&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>3.4&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>-&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>10.3&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>86.7&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right> &nbsp;3.3&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Argentina&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>24.4&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>72.7&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>2.9&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>-&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>24.1&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>73.1&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right> &nbsp;2.8&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp; &nbsp; &nbsp;-&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="7" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
</TABLE>
<P>&nbsp;</P>
<P>
<B>For the twelve months ended December 31, 2006 and 2005</B></P>
<P>
<B><I>Expressed in million of Mexican pesos as of December 31, 2006</I></B></P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD width=20%></TD>
    <TD width=2%></TD>
    <TD width=13%></TD>
    <TD width=2%></TD>
    <TD width=26%></TD>
    <TD width=2%></TD>
    <TD width=20%></TD>
    <TD width=2%></TD>
    <TD width=13%></TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD></TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD></TD>
    <TD></TD>
    <TD></TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center><b>YTD 05</b>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><B>YTD 06</B>&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Capex&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>2,241.0&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>Capex&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>2,614.6&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Depreciation&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>1,406.6&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>Depreciation&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>1,504.1&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Amortization &amp; Other non-cash charges&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>1,296.9&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>Amortization &amp; Other non-cash charges&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>1,258.7&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
</TABLE>
<P>&nbsp;</P>
<P>
<B>VOLUME<br>
</B><B><I>Expressed in million unit cases</I></B></P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD width=10%></TD>
    <TD width=1%></TD>
    <TD width=4%></TD>
    <TD width=1%></TD>
    <TD width=6%></TD>
    <TD width=1%></TD>
    <TD width=4%></TD>
    <TD width=1%></TD>
    <TD width=3%></TD>
    <TD width=1%></TD>
    <TD width=20%></TD>
    <TD width=1%></TD>
    <TD width=4%></TD>
    <TD width=1%></TD>
    <TD width=6%></TD>
    <TD width=1%></TD>
    <TD width=4%></TD>
    <TD width=1%></TD>
    <TD width=4%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="7" align=center><B>YTD 05</B>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="7" align=center><B>YTD 06</B>&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="7" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="7" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center><B>CSD</B>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><b>Water</b>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><b>Other</b>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><b>Total</b>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><B>CSD</B>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><b>Water</b>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><b>Other</b>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><b>Total</b>&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="7" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Mexico&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>812.4&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>202.1&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>10.5&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>1,025.0&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>852.0&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>209.3&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>9.4&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>1,070.7&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Central America&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>102.4&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>4.7&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>2.3&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>109.4&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>109.4&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>5.2&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>5.7&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>120.3&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Colombia&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>158.0&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>21.1&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>0.7&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>179.8&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>167.7&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>20.9&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>2.3&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>190.9&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Venezuela&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>149.4&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>15.0&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>8.1&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>172.5&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>160.1&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>13.7&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>8.8&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>182.6&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Brazil&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>232.6&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>17.7&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>2.2&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>252.5&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>246.3&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>19.6&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>2.8&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>268.7&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Argentina&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>146.0&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>2.5&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>1.6&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>150.1&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>159.2&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>2.1&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>3.6&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>164.9&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD align="right"></TD>
    <TD align="right">&nbsp;</TD>
    <TD align="right"></TD>
    <TD colspan="7" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Total&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>1,600.8&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>263.1&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>25.4&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>1,889.3&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>1,694.7&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>270.8&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>32.6&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>1,998.1&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="7" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
</TABLE>
<P>&nbsp;</P>
<P>
<B>PACKAGE MIX BY PRESENTATION<br>
</B><B><I>Expressed as a Percentage of Total Volume</I></B></P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD width=10%></TD>
    <TD width=1%></TD>
    <TD width=4%></TD>
    <TD width=1%></TD>
    <TD width=6%></TD>
    <TD width=1%></TD>
    <TD width=4%></TD>
    <TD width=1%></TD>
    <TD width=3%></TD>
    <TD width=1%></TD>
    <TD width=20%></TD>
    <TD width=1%></TD>
    <TD width=4%></TD>
    <TD width=1%></TD>
    <TD width=6%></TD>
    <TD width=1%></TD>
    <TD width=4%></TD>
    <TD width=1%></TD>
    <TD width=4%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="7" align=center><B>YTD 05</B>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="7" align=center><B>YTD 06</B>&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="7" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="7" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center><B>Ret</B>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><b>Non-Ret</b>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><b>Fountain</b>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><b>Jug</b>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><b>Ret</b>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><B>Non-Ret</B>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><B>Fountain</B>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><B>Jug</B>&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="7" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Mexico&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>26.6&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>57.2&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>1.2&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>15.0&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>26.0&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right> &nbsp;58.0&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>1.2&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>14.8&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Central America&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>41.7&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>54.1&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>4.2&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp; &nbsp; &nbsp;-&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>34.8&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right> &nbsp;61.1&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>4.1&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>-&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Colombia&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>46.4&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>44.4&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>3.3&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp; &nbsp; &nbsp;5.9&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>43.2&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right> &nbsp;48.1&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>3.2&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>5.5&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Venezuela&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>24.7&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>68.9&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>3.2&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp; &nbsp; &nbsp;3.2&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>17.6&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right> &nbsp;77.3&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>3.8&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>1.3&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Brazil&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>8.1&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>88.4&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>3.5&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>10.5&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right> &nbsp;86.0&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>3.5&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Argentina&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>26.0&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>70.7&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>3.3&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp; &nbsp; &nbsp;-&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>24.7&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right> &nbsp;72.1&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>3.2&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>-&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="7" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
</TABLE>
<br>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD width=51%></TD>
    <TD width=2%></TD>
    <TD width=46%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><B>February 23, 2007</B></TD>
    <TD><img src="rodape.gif" width="49" height="24"></TD>
    <TD align=right><B>Page 16 </B></TD>
  </TR>
</TABLE>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">

<H5 align="left" style="page-break-before:always"></H5>
<A name="page_17"></A>

<P align="right"> <IMG src="logo_kof.gif" border=0> </P>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">
<P align="center">
December 2006</P>
<P align="center">Macroeconomic Information </P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD></TD>
    <TD width=2%></TD>
    <TD width=10%></TD>
    <TD width=2%></TD>
    <TD width=10%></TD>
    <TD width=2%></TD>
    <TD width=10%></TD>
    <TD width=2%></TD>
    <TD width=10%></TD>
    <TD width=2%></TD>
    <TD width=10%></TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD colspan="5" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align=center>Inflation <SUP>(1)</SUP></TD>
    <TD>&nbsp;</TD>
    <TD colspan=5 align=center>Foreign Exchange Rate (local currency per US Dollar) <SUP>(2)</SUP></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>YTD&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>4Q 06&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right><div align="center">Dec  06&nbsp;</div></TD>
    <TD><div align="center"></div></TD>
    <TD align=right><div align="center"></div></TD>
    <TD><div align="center"></div></TD>
    <TD align=right><div align="center">Dec 05&nbsp;</div></TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD colspan="5" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=11>&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD colspan="5" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>Mexico&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>4.05%&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>1.55%&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=center>10.8755&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=center>10.7109&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>Colombia&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>4.48%&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>0.32%&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=center>2238.7900&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=center>2284.2200&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>Venezuela&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>16.97%&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>3.94%&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=center>2150.0000&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=center>2150.0000&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>Argentina&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>9.84%&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>2.57%&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=center>3.0620&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=center>3.0320&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>Brazil&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>2.81%&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>1.48%&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=center>2.1380&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD align=center>2.3407&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD colspan="5" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
</TABLE>
<P><SUP>(1)</SUP> Source: Mexican inflation is published by <I>Banco de M&eacute;xico</I> (Mexican Central Bank).<br>
<SUP>(2)</SUP> Exchange rates at the end of period are the official exchange rates published by Central Banks in each country.</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD width=51%></TD>
    <TD width=2%></TD>
    <TD width=46%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><B>February 23, 2007</B></TD>
    <TD><img src="rodape.gif" width="49" height="24"></TD>
    <TD align=right><B>Page 17 </B></TD>
  </TR>
</TABLE>
<DIV STYLE="page-break-after:always"></DIV>
<HR size=2>
<BR>
<BR>
<P ALIGN=center><FONT FACE="'Times New Roman, Times, Serif'" SIZE="3"><B>SIGNATURES</B> </FONT> </P>
<!-- MARKER FORMAT-SHEET="Times Justify" FSL="Workstation" -->
<P ALIGN=left><FONT FACE="'Times New Roman, Times, Serif'" SIZE=3> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. </FONT></P>
<BR>
<BR>
<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
  <TR VALIGN=Bottom>
    <TD WIDTH=55% ALIGN=LEFT><FONT FACE="'Times New Roman, Times, Serif'" SIZE="3">&nbsp; </FONT></TD>
    <TD WIDTH=45% ALIGN=LEFT><FONT FACE="'Times New Roman, Times, Serif'" SIZE="3"><B>COCA-COLA FEMSA, S.A. DE C.V.</B> </FONT> </TD>
  </TR>
  <TR VALIGN=Bottom>
    <TD ALIGN=LEFT><FONT FACE="'Times New Roman, Times, Serif'" SIZE="3">&nbsp; </FONT></TD>
    <TD ALIGN=LEFT><FONT FACE="'Times New Roman, Times, Serif'" SIZE="3">(Registrant) </FONT></TD>
  </TR>
  <TR VALIGN=Bottom>
    <TD ALIGN=LEFT><FONT FACE="'Times New Roman, Times, Serif'" SIZE="3">&nbsp; </FONT></TD>
  </TR>
  <TR VALIGN=Bottom>
    <TD ALIGN=LEFT><FONT FACE="'Times New Roman, Times, Serif'" SIZE="3">&nbsp; </FONT></TD>
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  <TR VALIGN=Bottom>
    <TD ALIGN=LEFT><FONT FACE="'Times New Roman, Times, Serif'" SIZE="3">&nbsp; </FONT></TD>
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  <TR VALIGN=Bottom>
    <TD ALIGN=LEFT><FONT FACE="'Times New Roman, Times, Serif'" SIZE="3">Date: <font color="#000000">February 23 </font>, 2007</FONT></TD>
    <TD ALIGN=LEFT><FONT FACE="'Times New Roman, Times, Serif'" SIZE="3">By: <U>/s/ H&#201;CTOR TREVI&#209;O GUTI&#201;RREZ</U> </FONT> </TD>
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    <TD ALIGN=LEFT><FONT FACE="'Times New Roman, Times, Serif'" SIZE="3">&nbsp; </FONT></TD>
    <TD ALIGN=LEFT><FONT FACE="'Times New Roman, Times, Serif'" SIZE="3">Name:&nbsp; H&#233;ctor Trevi&#241;o Guti&#233;rrez </FONT></TD>
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    <TD ALIGN=LEFT><FONT FACE="'Times New Roman, Times, Serif'" SIZE="3">&nbsp; </FONT></TD>
    <TD ALIGN=LEFT><FONT FACE="'Times New Roman, Times, Serif'" SIZE="3">Title:&nbsp;&nbsp;&nbsp; Chief Financial Officer </FONT></TD>
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<p>&nbsp;</p>

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