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<SEC-DOCUMENT>0001292814-08-000388.txt : 20080219
<SEC-HEADER>0001292814-08-000388.hdr.sgml : 20080218
<ACCEPTANCE-DATETIME>20080219135832
ACCESSION NUMBER:		0001292814-08-000388
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		7
CONFORMED PERIOD OF REPORT:	20071231
FILED AS OF DATE:		20080219
DATE AS OF CHANGE:		20080219

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:		08625960

	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>kofpr4q07_6k.htm
<DESCRIPTION>2007 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:11px; text-align:justify">

<hr size="2" noshade="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> 2008</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.B.  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">
<H5 align="left" style="page-break-before:always"></H5>
<p><A name="page_1"></A>

</p>
<P align="right">
<IMG src="logo_kof.gif" width="95" height="64" border=0></P>
<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>
    <td width="1%"></td>
    <td></td>
    <td width="1%"></td>
    <td width="8%"></td>
    <td width="1%"></td>
    <td width="8%"></td>
    <td width="1%"></td>
    <td width="8%"></td>
    <td width="1%"></td>
    <td width="8%"></td>
    <td width="1%"></td>
    <td width="8%"></td>
    <td width="1%"></td>
    <td width="8%"></td>
  </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>
    <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>
    <td bgcolor="#c80303"><font color="#FFFFFF">&nbsp;</font></td>
    <td>&nbsp;</td>
    <td colspan="13"><b>2007 FOURTH-QUARTER AND FULL YEAR RESULTS</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 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>
    <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&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>&nbsp;</td>
    <td align="left">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td align="left" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;Ticker: KOFL&nbsp;</font></td>
    <td>&nbsp;</td>
    <td colspan="9" 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" bgcolor="#c80303"><font color="#FFFFFF">&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>&nbsp;</td>
    <td align="left">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td align="left" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;NYSE (ADR)</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>&nbsp;</td>
    <td align="left">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td align="left" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;Ticker: KOF&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>&nbsp;</td>
    <td align="left">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td align="left" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;</font></td>
    <td>&nbsp;</td>
    <td align="left">&nbsp;</td>
    <td>&nbsp;</td>
    <td colspan="3" align="center">&nbsp; &nbsp; &nbsp;Fourth Quarter&nbsp;</td>
    <td>&nbsp;</td>
    <td align="left">&nbsp;</td>
    <td>&nbsp;</td>
    <td colspan="3" align="center">YTD&nbsp;</td>
    <td>&nbsp;</td>
    <td align="left">&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 colspan="3" 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 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>
  </tr>
  <tr valign="bottom">
    <td align="left" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;</font></td>
    <td>&nbsp;</td>
    <td align="left">&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">2007&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">2006&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center"> <FONT FACE="Symbol"><B>D</B></FONT>%&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">2007&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">2006&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center"> <FONT FACE="Symbol"><B>D</B></FONT>%&nbsp;</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 width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td></td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" 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;Ratio of KOF L to KOF = 10:1&nbsp;</font></td>
    <td>&nbsp;</td>
    <td align="left">Total Revenues&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">18,361&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">16,908&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="right">8.6%&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">69,251&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">64,046&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="right">8.1%&nbsp;</td>
  </tr>
  <tr valign="bottom" style="font-size: 1px">
    <td bgcolor="#c80303">&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 width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td></td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td align="left" bgcolor="#c80303">&nbsp;</td>
    <td>&nbsp;</td>
    <td align="left">Gross Profit&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">9,011&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">7,913&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="right">13.9%&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">33,370&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">30,301&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="right">10.1%&nbsp;</td>
  </tr>
  <tr valign="bottom" style="font-size: 1px">
    <td bgcolor="#c80303">&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 width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td></td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td align="left" bgcolor="#c80303">&nbsp;</td>
    <td>&nbsp;</td>
    <td align="left">Operating Income&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">3,224&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">2,862&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="right">12.6%&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">11,447&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">10,251&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="right">11.7%&nbsp;</td>
  </tr>
  <tr valign="bottom" style="font-size: 1px">
    <td bgcolor="#c80303">&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 width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td></td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td align="left" bgcolor="#c80303">&nbsp;</td>
    <td>&nbsp;</td>
    <td align="left">Majority Net Income&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">1,932&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">1,625&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="right">18.9%&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">6,908&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">5,292&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="right">30.5%&nbsp;</td>
  </tr>
  <tr valign="bottom" style="font-size: 1px">
    <td bgcolor="#c80303">&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 width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td></td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td align="left" bgcolor="#c80303">&nbsp;</td>
    <td>&nbsp;</td>
    <td align="left">EBITDA<sup>(1)</sup></td>
    <td>&nbsp;</td>
    <td width="8%" align="center">3,930&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">3,475&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="right">13.1%&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">14,434&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">13,278&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="right">8.7%&nbsp;</td>
  </tr>
  <tr valign="bottom" style="font-size: 1px">
    <td bgcolor="#c80303">&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 width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" 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 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 rowspan="11" align="left" valign="bottom" bgcolor="#c80303"><div align="center"><font face="'Times New Roman, Times, Serif'" size="2" color="#FFFFFF"></font><font color="#FFFFFF"></font></div>
      <div align="center"><img src="kofl.gif" align="top">
        <font color="#FFFFFF"></font><font color="#FFFFFF"></font><font color="#FFFFFF"></font></div></td>
    <td>&nbsp;</td>
    <td align="left">Net Debt <sup>(2)(3)</sup></td>
    <td>&nbsp;</td>
    <td width="8%" align="center">11,374&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">15,144&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="right">-24.9%&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" style="font-size: 1px">
    <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 width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" 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>&nbsp;</td>
    <td></td>
    <td>&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td>&nbsp;</td>
    <td align="left">EBITDA <sup>(1) </sup>/ Interest Expense&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">6.75&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">5.90&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" style="font-size: 1px">
    <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 width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" 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></td>
    <td>&nbsp;</td>
    <td></td>
    <td>&nbsp;</td>
    <td></td>
    <td>&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td>&nbsp;</td>
    <td align="left">Earnings per Share&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">1.05&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">0.88&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" style="font-size: 1px">
    <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 width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" 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></td>
    <td>&nbsp;</td>
    <td></td>
    <td>&nbsp;</td>
    <td></td>
    <td>&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td>&nbsp;</td>
    <td align="left">Capitalization<sup>(4)</sup></td>
    <td>&nbsp;</td>
    <td align="center">29.2%&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">33.0%&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" style="font-size: 1px">
    <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 width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td colspan="6" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td></td>
    <td>&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td>&nbsp;</td>
    <td align="left">EBITDA <sup>(1) </sup>/ Net Interest Expense&nbsp;</td>
    <td>&nbsp;</td>
    <td align="center">&nbsp;</td>
    <td>&nbsp;</td>
    <td align="center">&nbsp;</td>
    <td>&nbsp;</td>
    <td align="left">&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">9.46&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">7.10&nbsp;</td>
    <td>&nbsp;</td>
    <td align="left">&nbsp;</td>
  </tr>
  <tr valign="bottom" style="font-size: 1px">
    <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 width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td width="8%" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td colspan="6" align="center" style="border-top: 1px solid #000000;">&nbsp;</td>
    <td></td>
    <td>&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td>&nbsp;</td>
    <td align="left">Net Debt <sup>(2) (3) </sup>/ EBITDA <sup>(1)</sup></td>
    <td>&nbsp;</td>
    <td width="8%" align="center">&nbsp;</td>
    <td>&nbsp;</td>
    <td align="center">&nbsp;</td>
    <td>&nbsp;</td>
    <td align="left">&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">0.79&nbsp;</td>
    <td>&nbsp;</td>
    <td width="8%" align="center">1.14&nbsp;</td>
    <td>&nbsp;</td>
    <td align="left">&nbsp;</td>
  </tr>
  <tr valign="bottom" style="font-size: 1px">
    <td bgcolor="#c80303">&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 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></td>
    <td>&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td align="left" bgcolor="#c80303">&nbsp;</td>
    <td>&nbsp;</td>
    <td colspan="13" rowspan="9" align="left">Expressed in million of Mexican pesos with purchasing power as of December 31, 2007<br>
      &nbsp;<sup>(1) </sup>EBITDA = Operating income + Depreciation + Amortization &amp; Other Non-cash Charges.&nbsp;<br>
      See reconciliation table on page 11, except poer share figures<br>
      &nbsp;<sup>(2) </sup>Net Debt = Total Debt - Cash<br>
      &nbsp;<sup>(3) </sup>Figures  are as of December 31, of the applicable year.<br>
      &nbsp;<sup>(4) </sup>Total debt / (long-term debt + stockholders' equity)</td>
  </tr>
  <tr valign="bottom" style="font-size: 1px">
    <td bgcolor="#c80303">&nbsp;</td>
    <td></td>
  </tr>
  <tr valign="bottom">
    <td align="left" bgcolor="#c80303">&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr valign="bottom" style="font-size: 1px">
    <td bgcolor="#c80303">&nbsp;</td>
    <td></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>
  </tr>
  <tr valign="bottom" style="font-size: 1px">
    <td></td>
  </tr>
  <tr valign="bottom">
    <td>&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td>&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td>&nbsp;</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"><div align="justify"><font color="#000000" size="2" face="'Times New Roman, Times, Serif'"><img src="icone.gif"> </font>Total revenues reached Ps. 18,361 million in the fourth quarter of 2007, an increase of 8.6% compared to the fourth quarter of 2006, and increased 8.1% for the full year to Ps. 69,251 million compared to the full year 2006.</div></td>
  </tr>
  <tr valign="bottom" bgcolor="#c80303">
    <td>&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td align="left" bgcolor="#c80303">&nbsp;</td>
    <td>&nbsp;</td>
    <td colspan="13" rowspan="2" align="left" valign="top"><div align="justify"><font color="#000000" size="2" face="'Times New Roman, Times, Serif'"><img src="icone.gif"> </font> Driven by higher profitability from Mexico and strong growth in most of our South American operations, consolidated operating income increased 12.6% to Ps. 3,224 million for the fourth quarter of 2007, and 11.7% to Ps. 11,447 million for the full
year. Our operating margin was 17.6% for the fourth quarter of 2007 and 16.5% for the full year.</div></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"><b>&nbsp;&nbsp;&nbsp;For Further Information:</b>&nbsp;</font></td>
    <td>&nbsp;</td>
    <td colspan="13" rowspan="2" align="left" valign="top"><div align="justify"><font color="#000000" size="2" face="'Times New Roman, Times, Serif'"><img src="icone.gif"> </font>Consolidated majority net income increased 18.9% to Ps. 1,932 million in the fourth quarter of 2007, and 30.5% to Ps. 6,908 million for the full year,
resulting in earnings per share of Ps. 1.05 for the fourth quarter of 2007, and Ps. 3.74 for the full year. </div></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"><font color="#FFFFFF">&nbsp;</font></td>
    <td>&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td align="left" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;Alfredo Fern&#225;ndez&nbsp;</font></td>
    <td>&nbsp;</td>
    <td colspan="13" rowspan="6" align="left" valign="top"><div align="justify"> Mexico City (February 19, 2008), 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 and full year of 2007. </div></td>
  </tr>
  <tr valign="bottom">
    <td align="left" bgcolor="#c80303"><font color="#FFFFFF"><U>&nbsp;&nbsp;&nbsp;alfredo.fernandez@kof.com.mx</U>&nbsp;</font></td>
    <td>&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td align="left" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp; (5255) 5081-5120 / 5121&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>
  <tr valign="bottom">
    <td align="left" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp; Gonzalo Garc&#237;a&nbsp;</font></td>
    <td>&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td align="left" bgcolor="#c80303"><font color="#FFFFFF"><U>&nbsp;&nbsp;&nbsp;gonzalojose.garciaa@kof.com.mx</U>&nbsp;</font></td>
    <td>&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td align="left" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;(5255) 5081-5148&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>&nbsp;</td>
    <td align="left">&nbsp;</td>
  </tr>
  <tr>
    <td bgcolor="#c80303"><font color="#FFFFFF">&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"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;Maximilian Zimmermann&nbsp;</font></td>
    <td>&nbsp;</td>
    <td colspan="13" rowspan="8" align="left" valign="top"><div align="justify"> &#147;Our company achieved record-breaking volume, revenue, and EBITDA for the year. As our Mexican operations continued to improve their profitability&#151;recording their best quarter for the year&#151;it was our markets outside of Mexico that
drove our top- and bottom-line growth. Our growth is fueled by our winning marketplace execution as exemplified by our successful launch of innovative new products, led by <i>Coca-Cola Zero</i> and <i>Aquarius Fresh</i> in the sparkling beverages
category. Our strong balance sheet and profitable operations have enabled us to deliver diversified free cash flow, reduce our debt, and finance additional acquisitions with cash from operations. During the quarter, our company and The Coca-Cola
Cola Company successfully closed the public tender offer for Jugos del Valle, and we are in the process of integrating other Coca Cola bottlers into the joint venture. In January, we had already started to distribute Jugos del Valle&#146;s juice
products in some of our Mexican market territories,&#148; said Carlos Salazar Lomel&iacute;n, Chief Executive Officer of the company. </div></td>
  </tr>
  <tr valign="bottom">
    <td align="left" bgcolor="#c80303"><font color="#FFFFFF"><U> &nbsp;&nbsp;&nbsp;maximilian.zimmermann@kof</U><U>.com.mx</U></font></td>
    <td>&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td align="left" bgcolor="#c80303"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;(5255) 5081-5186&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>
  <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;&nbsp;&nbsp;Website:&nbsp;</font></td>
    <td>&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td align="left" bgcolor="#c80303"><font color="#FFFFFF"><U>&nbsp;&nbsp;&nbsp;www.coca-colafemsa.com</U>&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>
<P>&nbsp;</P>
<P>&nbsp;</P>
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    <td width="2%"></td>
    <td width="32%"></td>
  </tr>
  <tr valign="bottom">
    <td width="32%" align="left"><b>February 19 , 2008</b>&nbsp;</td>
    <td>&nbsp;</td>
    <td width="32%" align="center"><img src="rodape.gif" width="49" height="24"></td>
    <td width="2%" align="left">&nbsp;</td>
    <td width="32%" align="right"><b>Page 1 </b>&nbsp;</td>
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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>CONSOLIDATED RESULTS</B></P>
<P>
Our consolidated total revenues increased 8.6% to Ps. 18,361 million in the fourth quarter of 2007, compared to the fourth quarter of 2006, as a result of increases in most of our territories. Our consolidated average price per unit case increased
1.3% to Ps. 31.94 (US$ 2.93) in the fourth quarter of 2007 compared to the same period of 2006, as a result of higher average prices in Mexico and other operations in our South American territories.</P>
<P>
Total sales volume increased 6.7% to 558.4 million unit cases in the fourth quarter of 2007 as compared to the same period of 2006, mainly driven by a 5.8% volume growth of the <I>Coca-Cola </I>brand, which accounted for more than 55% of our total
incremental volumes during the quarter. Sparkling beverages sales volume grew 6.7% to 478.4 million unit cases, driven by volume growth across most of our territories. The fourth quarter of 2007 represented 26.3% of total volumes for the year. </P>
<P>
Our gross profit increased 13.9% to Ps. 9,011 million in the fourth quarter of 2007, compared to the fourth quarter of 2006, driven by increases in all of our operations. Gross margin reached 49.1% in the fourth quarter of 2007 from 46.8% in the
same period of 2006. Lower sweetener costs in Brazil and Colombia in conjunction with lower PET (polyethylene terephtalate) costs in Mexico and Brazil more than compensated for higher sweetener costs mainly in Mexico and Argentina.</P>
<P>
Our consolidated operating income increased 12.6% to Ps. 3,224 million in the fourth quarter of 2007. Double-digit increases in operating income in Brazil, Venezuela and Argentina combined with higher operating income in Mexico for the second
quarter in a row, more than compensated for the decline in Colombia. Our operating margin was 17.6% in the fourth quarter of 2007, an improvement of 70 basis points as a result of higher fixed-cost absorption combined with lower sweetener costs in
Brazil and Colombia.</P>
<P>
As we mentioned in our first quarter press release, beginning in 2007, pursuant to Mexican Financial Reporting Standards, we recorded employee profit sharing in the &#147;other expenses&#148; line, instead of recording it in the &#147;income
tax&#148; line. For comparison purposes we are reflecting this change in the 2006 information presented, which amounted to Ps. 13 million in the fourth quarter of 2006 and Ps. 68 million in the same period of 2007.</P>
<P>
Additionally the &#147;other expenses&#148; line reflects lower expenses driven by a high comparable due to extraordinary expenses recorded for strategic projects in 2006. </P>
<P>
Our integral cost of financing in the fourth quarter of 2007 reached a gain of Ps. 162 million as compared to a loss of Ps. 85 million in the same period of 2006, mainly driven by lower interest expenses due to lower gross debt and higher interest
income coming from our higher cash position. </P>
<P>
During the fourth quarter of 2007 income tax, as a percentage of income before taxes, was 38.28%, compared to 30.6% in the same quarter of 2006. The tax rate in the fourth quarter of 2007 was higher than the same period of 2006, mainly due to
additional tax accruals in some of our operations. </P>
<P>
Our consolidated majority net income increased by 18.9% to Ps. 1,932 million in the fourth quarter of 2007 compared to the fourth quarter of 2006, driven by an increase in our operating income, lower net interest expenses recorded this quarter
compared to the fourth quarter of 2006 and the results in the &#147;other expenses&#148; line as mentioned above. Earnings per share (EPS) were Ps. 1.05 (US$ 0.96 per ADR) computed on the basis of 1,846.5 million shares outstanding (each ADR
represents 10 local shares). </P>
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    <td width="32%" align="left"><b>February 19 , 2008</b>&nbsp;</td>
    <td>&nbsp;</td>
    <td width="32%" align="center"><img src="rodape.gif" width="49" height="24"></td>
    <td width="2%" align="left">&nbsp;</td>
    <td width="32%" align="right"><b>Page 2 </b>&nbsp;</td>
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<IMG src="logo_kof.gif" width="95" height="64" border=0></P>
<hr size="2" noshade="noshade" color="#000000" align="left">
<P><B>BALANCE SHEET </B></P>
<P>
As of December 31, 2007, Coca-Cola FEMSA had a cash balance of Ps. 7,542 million (US$ 691 million), an increase of Ps. 2,468 million (US$ 226 million), compared to December 31, 2006, resulting from internal cash generation. </P>
<P>
Total short-term debt, was Ps. 4,814 million (US$ 441 million) and long-term debt was Ps. 14,102 million (US$ 1,292 million). Total debt decreased Ps. 1,299 million (US$ 119 million) compared with year end 2006. Net debt decreased approximately Ps.
3,770 million (US$ 345 million) compared to year-end 2006, mainly as a result of internal cash generation. Our debt reduction figures were achieved notwithstanding our Ps. 2,198 million (US$201 million) investment in the Jugos del Valle acquisition,
net of reimbursements received from other Coca-Cola bottlers in Mexico as of December 31, 2007. </P>
<P>
The weighted average cost of debt for the quarter was 8.01% . The following charts sets forth the Company&#146;s debt profile by currency and interest rate type and by maturity date as of December 31, 2007:</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 valign="middle"><B>% Total Debt</B><B><SUP>(1)</SUP></B></TD>
	<TD align="center" valign="middle">&nbsp;</TD>
	<TD align=center valign="middle"><B>% Interest Rate</B>&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center valign="middle">&nbsp;</TD>
	<TD align="center" valign="middle">&nbsp;</TD>
	<TD align=center valign="middle"><B>Floating</B><B><SUP>(1)</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>46.6%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>54.3%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Mexican pesos&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>48.5%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>19.5%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Venezuelan bolivares&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>2.3%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>0.0%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Argentine pesos&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>2.7%&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>
<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="13%"></td>
    <td width="2%"></td>
    <td width="13%"></td>
  </tr>
  <tr valign="bottom">
    <td colspan="5" align="left"><div align="justify"><sup>(1)</sup> After giving effect to cross-currency and interest rate swaps. </div></td>
  </tr>
</table>
<BR>
<P>&nbsp;</P>
<P>
<B>Debt maturity profile </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=40%></TD>
	<TD width=2%></TD>
	<TD width=8%></TD>
	<TD width=2%></TD>
	<TD width=8%></TD>
	<TD width=2%></TD>
	<TD width=8%></TD>
	<TD width=2%></TD>
	<TD width=8%></TD>
	<TD width=2%></TD>
	<TD width=8%></TD>
	<TD width=2%></TD>
	<TD width=8%></TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD colspan="13" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
<TR valign="bottom">
	<TD align=left><B>Maturity Date</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center valign="middle"><B>2008</B>&nbsp;</TD>
	<TD align="center" valign="middle">&nbsp;</TD>
	<TD align=center valign="middle"><B>2009</B>&nbsp;</TD>
	<TD align="center" valign="middle">&nbsp;</TD>
	<TD align=center valign="middle"><B>2010</B>&nbsp;</TD>
	<TD align="center" valign="middle">&nbsp;</TD>
	<TD align=center valign="middle"><B>2011</B>&nbsp;</TD>
	<TD align="center" valign="middle">&nbsp;</TD>
	<TD align=center valign="middle"><B>20112</B>&nbsp;</TD>
	<TD align="center" valign="middle">&nbsp;</TD>
	<TD align=center valign="middle"><B>2013 +</B>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 1px">
	<TD colspan="13" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
<TR valign="bottom">
	<TD align=left>% of Total Debt&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center valign="middle"><B>25.5%</B>&nbsp;</TD>
	<TD align="center" valign="middle">&nbsp;</TD>
	<TD align=center valign="middle"><B>19.4%</B>&nbsp;</TD>
	<TD align="center" valign="middle">&nbsp;</TD>
	<TD align=center valign="middle"><B>5.3%</B>&nbsp;</TD>
	<TD align="center" valign="middle">&nbsp;</TD>
	<TD align=center valign="middle"><B>0.0%</B>&nbsp;</TD>
	<TD align="center" valign="middle">&nbsp;</TD>
	<TD align=center valign="middle"><B>20.0%</B>&nbsp;</TD>
	<TD align="center" valign="middle">&nbsp;</TD>
	<TD align=center valign="middle"><B>29.8%</B>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 1px">
	<TD colspan="13" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	</TR>
</TABLE>
<BR>
<P>&nbsp;</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=13%></TD>
	<TD width=2%></TD>
	<TD width=13%></TD></TR>
<TR valign="bottom">
  <TD colspan="5" align=left><b>Consolidated Statement of Changes in Financial Position</b></TD>
  </TR>
<TR valign="bottom">
  <TD colspan="5" align=left>Expressed in million of Mexican pesos and U.S. dollars as of December 31, 2007</TD>
  </TR>
<TR valign="bottom" style="font-size: 1px">
	<TD colspan="2" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD colspan="2" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="right" 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 2007</I></B></TD>
	</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right><B><I>Ps.</I></B>&nbsp;</TD>
	<TD>&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="2" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD 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>7,105&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>651&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Non cash charges to net income&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>3,448&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>316&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="2" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD 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>10,553</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right><B>967</B>&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD>&nbsp;</TD>
	<TD></TD>
	<TD colspan="2" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD 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>(1,469)</TD>
	<TD>&nbsp;</TD>
	<TD align=right>(135)</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="2" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD 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>9,084</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right><B>832</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="2" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD 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>(3,887)</TD>
	<TD>&nbsp;</TD>
	<TD align=right>(356)</TD></TR>
<TR valign="bottom">
	<TD align=left>Dividends declared&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>(831)</TD>
	<TD>&nbsp;</TD>
	<TD align=right> &nbsp;(76)</TD></TR>
<TR valign="bottom">
	<TD align=left>Decrease in debt&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>(1,299)</TD>
	<TD>&nbsp;</TD>
	<TD align=right>(119)</TD></TR>
<TR valign="bottom">
	<TD align=left>Other liabilities&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>(599)</TD>
	<TD>&nbsp;</TD>
	<TD align=right> &nbsp;(55)</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD colspan="2" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD 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>2,468</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right><B>226</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="2" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>

	<TD 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>5,074&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>465&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>7,542&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>691&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="2" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
</TABLE>


<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
<TR>
	<TD></TD>
	<TD></TD>
	<TD></TD></TR>
<TR valign="bottom">
	<TD colspan="3" align=left><div align="justify"><sup>(1)</sup> Net Resources Generated by Operating Activities</div></TD>
  </TR>
</TABLE>
<p>&nbsp;</p>
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    <td width="32%" align="left"><b>February 19 , 2008</b>&nbsp;</td>
    <td>&nbsp;</td>
    <td width="32%" align="center"><img src="rodape.gif" width="49" height="24"></td>
    <td width="2%" align="left">&nbsp;</td>
    <td width="32%" align="right"><b>Page 3 </b>&nbsp;</td>
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<p><BR>
</p>
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<IMG src="logo_kof.gif" width="95" height="64" border=0></P>
<hr size="2" noshade="noshade" color="#000000" align="left">
<P><B>MEXICAN OPERATING RESULTS </B></P>
<P>
<B><I>Revenues</I></B> </P>
<P>
Total revenues from our Mexican territories increased 4.4% to Ps. 8,089 million in the fourth quarter of 2007, as compared to the same period of the previous year. Incremental volumes accounted for more than 80% of the incremental revenues during
the quarter and higher price per unit case represented the balance. Average price per unit case increased 0.8% to Ps. 29.57 (US$ 2.71), as compared to the fourth quarter of 2006 mainly driven by price increases from sparkling beverages. Excluding
bulk water under the brand <I>Ciel</I>, our average price per unit case was Ps. 34.18 (US$ 3.13), a 1.1% increase as compared to the same period of 2006.</P>
<P>
Total sales volume increased 3.7% to 272.2 million unit cases in the fourth quarter of 2007, as compared to the fourth quarter of 2006, resulting from (i) a 2.6% sales volume growth in sparkling beverages, driven by a 3.6% increase in the Coca-Cola
brands, (ii) sales volume growth in bulk water and (iii) incremental volumes of bottled water in single serve presentations.</P>
<P>
<B><I>Operating Income </I></B></P>
<P>
Our gross profit increased by 5.6% to Ps. 4,355 million in the fourth quarter of 2007 as compared to the same period of 2006. Gross margin increased from 53.2% in the fourth quarter of 2006 to 53.8% in the same period of 2007, as a result of lower
PET costs year-over-year, mainly driven by our light-weighting initiatives, which more than compensated for higher cost of sweeteners. </P>
<P>
Operating income increased 3.7% to Ps. 1,719 million in the fourth quarter of 2007, as compared to Ps. 1,657 million in the same period of 2006 as a result of operating leverage achieved by higher revenues as compared to the same period of 2006. Our
operating margin was 21.3% in the fourth quarter of 2007, a decline of 10 basis points as compared to the same period of 2006. </P>
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    <td width="32%" align="left"><b>February 19 , 2008</b>&nbsp;</td>
    <td>&nbsp;</td>
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    <td width="2%" align="left">&nbsp;</td>
    <td width="32%" align="right"><b>Page 4 </b>&nbsp;</td>
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<hr size="2" noshade="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>
Total revenues reached Ps. 1,227 million in the fourth quarter of 2007, an increase of 0.7% compared to the same period of 2006. Volume growth offset lower average prices per unit case. Average price per unit case declined by 2.8% to Ps. 36.19 (US$
3.32) in the fourth quarter of 2007, as compared to the fourth quarter of 2006, as a result of strong volume growth in multiserve presentations, which carry a lower average price per unit case. </P>
<P>
Total sales volume in our Central American territories grew 3.7% to 33.9 million unit cases in the fourth quarter of 2007, as compared to the same period of 2006, resulting from incremental volumes in the sparkling beverage category, which accounted
for more than 75% of the growth; the balance was brought mainly by still beverages. In the fourth quarter of 2007, sales volume of still beverages, excluding bottled water, increased almost 20% as compared to the same period of 2006 due to strong
growth of <I>Hi-C</I>, a juice based product line, and <I>Powerade</I>, an isotonic beverage. </P>
<P>
<B><I>Operating Income </I></B></P>
<P>
Gross profit reached Ps. 568 million, an increase of 0.7% in the fourth quarter of 2007, as compared to the same period of 2006, as a result of lower costs driven by the appreciation of local currencies as applied to the U.S. dollar-denominated raw
materials combined with light-weighting PET initiatives. Gross margin remained flat at 46.3% in the fourth quarter of 2007, compared to the fourth quarter of 2006. </P>
<P>
Our operating income increased 9.6% to Ps. 205 million in the fourth quarter of 2007, as compared to the fourth quarter of 2006, driven by higher fixed cost absorption. Our operating margin reached 16.7% in the fourth quarter of 2007, expanding 130
basis points as compared to the same period of 2006. </P>
<P>
<B>COLOMBIAN OPERATING RESULTS</B></P>
<P><B><I>Revenues </I></B> </P>
<P>
Total revenues declined 3.0% to Ps. 1,782 million in the fourth quarter of 2007, as compared to the fourth quarter of 2006. Our average price per unit case declined 1.2% to Ps. 33.81 (US$ 3.10) . A decline in sales volumes accounted for more than
60% of the revenue decrease during the quarter and lower price per unit case represented the balance.</P>
<P>
Total sales volume in the fourth quarter of 2007 declined 1.9%, as compared to the same period of the previous year, reaching 52.7 million unit cases lapping over a 12.3% growth in the fourth quarter of 2006. Volume growth in bottled water,
excluding bulk water, combined with growth in the still beverages, partially offset a volume decline in sparkling beverages.</P>
<P>
<B><I>Operating Income </I></B></P>
<P>
Our gross profit increased 10.8% to Ps. 913 million in the fourth quarter of 2007, as compared to the same period of the previous year. The 10% appreciation of the Colombian peso as applied to our U.S. dollar denominated raw materials combined with
lower sweetener costs and operating efficiencies, resulted in a gross margin expansion of 640 basis points from 44.8% in the fourth quarter of 2006 to 51.2% in the fourth quarter of 2007. </P>
<P>
Our operating income decreased 6.6% to Ps. 310 million in the fourth quarter of 2007, as compared to the fourth quarter of 2006. Incremental gross profit partially compensated (i) higher marketing expenses, (ii) higher breakage costs, and
incremental distribution fleet maintenance expenses. Our operating margin reached 17.4% in the fourth quarter of 2007, a contraction of 70 basis points as compared to the same period of 2006.</P>
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    <td width="32%" align="left"><b>February 19 , 2008</b>&nbsp;</td>
    <td>&nbsp;</td>
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    <td width="32%" align="right"><b>Page 5 </b>&nbsp;</td>
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<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">
<P>
<B>VENEZUELAN OPERATING RESULTS </B></P>
<P>
<B><I>Revenues </I></B> </P>
<P>
Total revenues from our Venezuelan operations increased 21.9% to Ps. 2,627 million in the fourth quarter of 2007, as compared to the same period of 2006. Incremental volumes accounted for more than 65% of the incremental revenues during the quarter
and higher price per unit case represented the balance. Our average price reached Ps. 46.00 (US$ 4.21) in the fourth quarter of 2007.</P>
<P>
Total sales volume increased 14.5% to 57.0 million unit cases during the fourth quarter of 2007, as compared to the same quarter of 2006. We posted double digit volume growth in the flavored sparkling beverages category, driven by <I>Freskolita</I>
and <I>Hit </I>combined with growth of the Coca-Cola brand. </P>
<P>
<B><I>Operating Income </I></B></P>
<P>
Gross profit reached Ps. 1,051 million, an increase of 34.6% in the fourth quarter of 2007, as compared to the same period of the previous year. Higher revenues combined with lower PET costs improved our gross margin by 380 basis points from 36.2%
in the fourth quarter of 2006 to 40.0% in the same period of 2007.</P>
<P>
Operating income increased 72.0% to Ps. 172 million, in the fourth quarter of 2007 compared to the same period of 2006. Operating expenses as a percentage of total revenues increased from 31.6% in the fourth quarter of 2006 to 33.5% in the same
period of 2007, mainly due to higher labor costs. Higher revenues combined with lower costs of raw material more than offset higher operating expenses in the quarter, resulting in an operating margin increase of 190 basis points from 4.6% in the
fourth quarter of 2006 to 6.5% in the fourth quarter of 2007, which continues to be the lowest among our territories. </P>
<P>
<B>ARGENTINE OPERATING RESULTS </B></P>
<P>
<B><I>Revenues </I></B></P>
<P>
In Argentina, our total revenues reached Ps. 1,277 million in the fourth quarter of 2007, as a result of increases in sales volume and better average price per unit case. Incremental volumes accounted for more than 75% of the incremental revenues
during the quarter and higher price per unit case represented the balance. Average price per unit case reached Ps. 22.48 (US$ 2.05) in the fourth quarter of 2007, which continues to be the lowest among our territories. </P>
<P>
In the fourth quarter of 2007, total sales volume increased 14.4% to 54.9 million unit cases, as compared to the same period of 2006. Sales volume growth was driven by incremental volumes from the Coca-Cola brand, mainly by the introduction of
<I>Coca-Cola Zero, </I>combined with the growth of flavored sparkling beverages.</P>
<P>
<B><I>Operating Income </I></B></P>
<P>
Gross profit increased 25.4% to Ps. 504 million in the fourth quarter of 2007, as compared to the fourth quarter of 2006. Higher revenues compensated for higher sweetener costs, resulting in a gross margin expansion of 90 basis points to 39.5%, as
compared to the fourth quarter of 2006. </P>
<P>
Operating expenses increased 31.8% in the fourth quarter of 2007, mainly due to higher salary expenses and freight costs. Higher revenues offset incremental expenses, resulting in an increase in operating income of 13.5% to Ps. 160 million in the
fourth quarter of 2007, as compared to the same period of 2006. Our operating income margin reached 12.5% in the fourth quarter of 2007. </P>
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    <td align="left"><b>February 19, 2008</b>&nbsp;</td>
    <td align="left">&nbsp;</td>
    <td><center>
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    </td>
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    <td align="right"><b>Page 6</b>&nbsp;</td>
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<P>
<B>BRAZILIAN OPERATING RESULTS</B></P>
<P>
<B><I>Revenues</I></B></P>
<P>
Net revenues increased 15.4% to Ps. 3,359 million in the fourth quarter of 2007, as compared to the same period of 2006. Excluding beer, net revenues increased 14.2% to Ps. 2,920 million in the fourth quarter of 2007, as compared to the same period
of 2006, mainly due to volume growth. Excluding beer, average price per unit case slightly declined to Ps. 33.30 (US$ 3.05) during the fourth quarter of 2007. Total revenues from beer were Ps. 430 million in the fourth quarter of 2007. </P>
<P>
Sales volume, excluding beer, increased 14.5% to 87.7 million unit cases in the fourth quarter of 2007, as compared to the fourth quarter of 2006. Sparkling beverages sales volume growth accounted for more than 95% of the incremental volumes, mainly
driven by the Coca-Cola brand in multi-serve presentations and the introduction of <I>Coca-Cola Zero</I>. Still beverages, excluding bottled water, grew more than 45% in the quarter, driven by strong performance of <I>Minute Maid Mais</I>, a juice
based beverage line. </P>
<P>
<B><I>Operating Income </I></B></P>
<P>
In the fourth quarter of 2007, our gross profit increased 33.0% to Ps. 1,620 million, as compared to the same period of the previous year. Lower average cost per unit case, resulting from (i) lower PET bottle costs, (ii) lower sugar costs and (iii)
the appreciation of the Brazilian Real as applied to our U.S. dollar-denominated raw materials, contributed to a gross margin improvement of 630 basis points to 48.2% in the fourth quarter of 2007.<I> </I></P>
<P>
Operating income increased 47.9% reaching Ps. 658 million in the fourth quarter of 2007, as compared to Ps. 445 million in the same period of 2006. Our operating margin was 19.6% in the fourth quarter of 2007, an increase of 430 basis points as
compared to the fourth quarter of 2006, due to an expansion in gross margin that more than compensated for expenses related to improving our go-to-market management and execution, reconfiguring our distribution network and expenses related to
product introductions. </P>
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    <td align="left"><b>February 19, 2008</b>&nbsp;</td>
    <td align="left">&nbsp;</td>
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      <img src="rodape.gif" width="49" height="24">
    </center></td>
    <td align="right">&nbsp;</td>
    <td align="right"><b>Page 7</b>&nbsp;</td>
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<IMG src="logo_kof.gif" border=0></P>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">
<P>
<B>SUMMARY OF FULL YEAR RESULTS </B></P>

<P>
Our consolidated total revenues increased 8.1% to Ps. 69,251 million in 2007, as compared to 2006, as a result of growth in all of our territories, with Mexico, Brazil and Venezuela representing more than 75% of this growth. Consolidated average
price per unit case increased 1.9% to Ps. 32.15 (US$ 2.95) in 2007. Higher average prices per unit case for the sparkling beverages portfolio in most of our operations, more than offset incremental volumes of bulk water in Mexico, which carry lower
average unit price per unit case. In 2007, the operations outside Mexico contributed 53% of consolidated revenues. </P>
<P>
Total sales volume increased 6.1% to 2,120.8 million unit cases in 2007, as compared to the previous year. Sales volume growth in Mexico, Brazil and Venezuela accounted for more than 75% of our incremental volumes. Sparkling beverages sales volume
grew 5.7% to 1,791.0 million cases, driven by incremental volume across all of our territories. In 2007, the operations outside Mexico contributed 51% of consolidated sparkling beverage volumes. </P>
<P>
Our gross profit increased 10.1% to Ps. 33,370 million in 2007, as compared to the previous year, driven by revenue growth across all of our territories. Gross margin increased to 48.2% in 2007 from 47.3% in 2006, driven by revenue growth, which
more than compensated for higher sweetener costs in Mexico. </P>
<P>
Our consolidated operating income increased 11.7% to Ps. 11,447 million in 2007, as compared to 2006. Brazil, Colombia and Venezuela accounted for the majority of the incremental growth and more than offset a slight operating income decline in
Mexico. Our consolidated operating margin grew 50 basis points to 16.5% in 2007, mainly driven by the improved operating leverage that resulted from higher revenues. </P>
<P>
Our consolidated majority net income was Ps. 6,908 million in 2007 an increase of 30.5% compared to 2006, resulting from an increase in operating income combined with a decline in our integral cost of financing. EPS were Ps. 3.74 (US$ 3.42 per ADR)
in 2007, 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 October 10, 2007, a joint venture company owned indirectly in equal proportion by Coca-Cola FEMSA, S.A.B. de C.V. ("Coca Cola FEMSA") and The Coca-Cola Company (NYSE: KO), launched a Public Tender Offer (&#147;Tender Offer&#148;) to buy 100% of
the shares representative of the capital stock of the company Jugos del Valle, S.A.B. de C.V.
(&#147;Jugos del Valle&#148;) for approximately US$370 million in cash, equivalent to a price of US$6.3409 per share, assuming liabilities of approximately US$86 million. On November 8<SUP>th </SUP>2007, Coca-Cola FEMSA and The Coca-Cola Company
informed the public that the Tender Offer concluded successfully, and the joint venture company acquired shares representing 100% of Jugos del Valle&#146;s outstanding capital stock. This transaction was approved by the Mexican regulatory
authorities and carried out in Mexico. The rest of the bottlers of The Coca-Cola Company branded products in Mexico and Brazil, respectively, will be incorporated to the joint venture.<br>
<br>
</LI>
<LI>
In the fourth quarter of 2007 we sold certain proprietary brands to The Coca-Cola Company, which we mainly distribute in our Latincentro division.</LI>
</UL>
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    <td align="left"><b>February 19, 2008</b>&nbsp;</td>
    <td align="left">&nbsp;</td>
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      <img src="rodape.gif" width="49" height="24">
    </center></td>
    <td align="right">&nbsp;</td>
    <td align="right"><b>Page 8</b>&nbsp;</td>
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<P>
<B>CONFERENCE CALL INFORMATION </B></P>
<P>
Our fourth-quarter 2007 Conference Call will be held on: February 19, 2007, at 10:30 A.M. Eastern Time (09:30 A.M. Mexico City Time). To participate in the conference call, please dial: Domestic U.S.: 866-700-7477 or International: 617-213-8840. We
invite investors to listen to the live audiocast of the conference call on the Company&#146;s website, <U><FONT color="#333333">www.coca-colafemsa.com</FONT></U> </P>
<P>
If you are unable to participate live, an instant replay of the conference call will be available through February 26, 2007. To listen to the replay, please dial: Domestic U.S.: 888-286-8010 or International: 617-801-6888. Pass code: 98344233. </P>
<P align="center">
<IMG src="bolinhas.gif" border=0></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 30 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" border=0></P>
<P>
Figures for the Company&#146;s operations in Mexico and its consolidated international operations were prepared in accordance with Mexican financial reporting standards (Mexican FRS). All figures are expressed in constant Mexican pesos with
purchasing power as of December 31, 2007. For comparison purposes, 2006 and 2007 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 2007, which ended
on December 31, 2007, are made against the figures for the comparable period in 2006, 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, 2007, which exchange rate
was Ps. 10.9169 to US $ 1.00. </P>
<P align="center">
<IMG src="bolinhas.gif" border=0></P>
<P align="center">
(7 pages of tables to follow) </P>
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  </tr>
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    <td align="left"><b>February 19, 2008</b>&nbsp;</td>
    <td align="left">&nbsp;</td>
    <td><center>
      <img src="rodape.gif" width="49" height="24">
    </center></td>
    <td align="right">&nbsp;</td>
    <td align="right"><b>Page 9</b>&nbsp;</td>
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<p><A name="page_10"></A></p>
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<IMG src="logo_kof.gif" border=0></p>
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<p align="right">
  <BR>
</p>
<P>
<B>Consolidated Balance Sheet</B></P>
<P>
Expressed in million of Mexican pesos with purchasing power as of December 31, 2007</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=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">
	<TD align=left><B>Assets</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right><B>Dec 07</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right><B>Dec 06</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>7,542&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>Ps.&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>5,074&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>4,512&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>3,061&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>3,418&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2,926&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>1,302&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,443&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Shares availables for sale&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>684&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&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>
	</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>17,458&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>12,504&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>37,420&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>37,272&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>-16,672&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>-16,769&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>1,175&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,295&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>21,923&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>21,798&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>Investment in non-consolidated companies and other&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,492&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>476&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Deferred charges, net&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,255&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2,041&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Intangibles assets and other assets&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>45,050&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>43,607&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>87,178</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right><B>Ps.</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right><B>80,426</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">
	<TD align=left><B>Liabilities and Stockholders' Equity</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right><B>Dec 07</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right><B>Dec 06</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>4,814&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>Ps.&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>3,419&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>274&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>281&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>6,100&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>5,766&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>5,009&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>3,857&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>16,197&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>13,323&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>14,102&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>16,799&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>993&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>925&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>5,105&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>4,924&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>36,397&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>35,971&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>1,641&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,475&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>3,116&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>3,116&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>13,333&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>13,333&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>27,930&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>23,469&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>6,908&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>5,292&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>-2,147&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>-2,230&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>49,140&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>42,980&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>50,781&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>44,455&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>87,178</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right><B>Ps.</B>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right><B>80,426</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>
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  </tr>
  <tr valign="bottom">
    <td align="left"><b>February 19, 2008</b>&nbsp;</td>
    <td align="left">&nbsp;</td>
    <td><center>
      <img src="rodape.gif" width="49" height="24">
    </center></td>
    <td align="right">&nbsp;</td>
    <td align="right"><b>Page 10</b>&nbsp;</td>
  </tr>
</table>
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<A name="page_11"></A>

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<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">
<P>
<B>Consolidated Income Statement</B><br>
Expressed in millions of Mexican pesos<SUP>(1)</SUP> with purchasing power as of December 31, 2007</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:8px">
<TR>
	<TD></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD></TR>
	<TR valign="bottom" style="font-size: 1px">
	<TD colspan=21 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>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center><B>4Q 07</B>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>% Rev</B>&nbsp;</TD>
	<TD align="center">&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><FONT FACE="Symbol"><B>D</B></FONT>%&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>YTD 07 </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 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> </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 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>Sales Volume (million unit cases)</TD>
	<TD>&nbsp;</TD>
	<TD align=right>558.4&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&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>6.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,120.8&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&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>6.1%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Average price per unit case&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>31.94&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31.53&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>32.15&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31.56&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1.9%&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>Net revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>18,263&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16,841&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>8.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>68,969&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>63,820&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>8.1%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Other operating revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>98&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&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>46.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>282&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>226&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>24.8%&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>Total revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>18,361&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16,908&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>8.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>69,251&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>64,046&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>8.1%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Cost of sales&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>9,350&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>50.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>8,995&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>53.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>35,881&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>51.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>33,745&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>52.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6.3%&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>Gross profit&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>9,011&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>49.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7,913&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>46.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>13.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>33,370&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>48.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>30,301&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>47.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>10.1%&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 expenses&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>5,787&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5,051&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>29.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>14.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>21,923&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>20,050&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>9.3%&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>3,224&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>17.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,862&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>12.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>11,447&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>10,251&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>11.7%&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>Other expenses, net&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>178&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>-47.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>701&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,046&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-33.0%&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> &nbsp; &nbsp;Interest expense&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>485&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>546&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-11.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,139&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,252&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-5.0%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left> &nbsp; &nbsp;Interest income&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>152&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>82&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>85.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>613&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>383&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>60.1%&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> &nbsp; &nbsp;Interest expense, net&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>333&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>464&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-28.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,526&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,869&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-18.4%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left> &nbsp; &nbsp;Foreign exchange (gain) loss&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>(27)</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>57&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-147.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>(99)</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>237&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-141.8%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left> &nbsp; &nbsp;(Gain) Loss on monetary position&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>(423)</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>(412)</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>(1,007)</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>(1,071)</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-6.0%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left> &nbsp; &nbsp;Unhedged derivative instrument (gain) loss&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>(45)</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>(24)</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>87.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>(114)</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>118&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-196.6%&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>Integral cost of financing&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>(162)</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>85&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-290.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>306&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,153&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-73.5%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Income before taxes&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>3,208&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,441&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>10,440&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>8,052&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>29.7%&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 align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD>
	<TD align="right"></TD>
	<TD align="right">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Taxes&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,228&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>748&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>64.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3,335&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,555&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>30.5%&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>Consolidated net income&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,980&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,693&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>17.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7,105&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5,497&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>29.3%&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>Majority net income&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,932&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>10.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,625&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>9.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>18.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6,908&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>10.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5,292&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>8.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>30.5%&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>Minority net income&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>48&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>68&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-29.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>197&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>205&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 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>3,224&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>17.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,862&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>12.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>11,447&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>10,251&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>11.7%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Depreciation&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>399&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>393&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,645&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,656&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-0.7%&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>307&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>220&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>39.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,342&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,371&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 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>3,930&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>21.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3,475&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>20.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>13.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>14,434&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>20.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>13,278&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>20.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>8.7%&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>
</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=100%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(1) </SUP>Except volume and average price per unit case figures.</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(2)</SUP>&nbsp;
Includes returnable bottle breakage expense. </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(3) </SUP>EBITDA = Operating Income + Depreciation +Amortization &amp; Other non-cash charges. </TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD 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">
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    <td width="32%"></td>
    <td width="2%"></td>
    <td width="32%"></td>
  </tr>
  <tr valign="bottom">
    <td width="32%" align="left"><b>February 19, 2008</b>&nbsp;</td>
    <td>&nbsp;</td>
    <td width="32%" align="center"><img src="rodape.gif" alt="1" width="49" height="24"></td>
    <td width="2%" align="left">&nbsp;</td>
    <td width="32%" align="right"><b>Page 11 </b>&nbsp;</td>
  </tr>
</table>
<BR>

<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" width="95" height="64" border=0></P>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">
<P>
<B>Mexican operations</B><br>
Expressed in millions of Mexican pesos<SUP>(1)</SUP> with purchasing power as of December 31, 2007</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:8px">
<TR>
	<TD></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD></TR>
	<TR valign="bottom" style="font-size: 1px">
	<TD colspan=21 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=center>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>4Q 07 </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 06 </B>&nbsp;</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>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>YTD 07 </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 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> </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 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>Sales Volume (million unit cases)</TD>
	<TD>&nbsp;</TD>
	<TD align=right>272.2&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&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>3.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,110.4&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&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>3.7%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Average price per unit case&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>29.57&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>29.33&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>0.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>29.18&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>29.36&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-0.6%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD 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>8,048&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7,695&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>32,398&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31,431&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3.1%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Other operating revenues&nbsp;</TD>
	<TD>&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>50&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-18.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>152&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>109&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>39.4%&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>Total revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>8,089&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7,745&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>32,550&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31,540&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3.2%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Cost of sales&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>3,734&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>46.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3,621&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>46.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>15,537&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>47.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>14,837&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>47.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.7%&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>4,355&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>53.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4,124&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>53.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>17,013&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>52.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16,703&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>53.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1.9%&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 expenses&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2,636&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>32.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,467&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>10,444&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>32.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>10,077&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3.6%&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>Operating income&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,719&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>21.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,657&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>21.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6,569&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>20.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6,626&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>21.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-0.9%&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>365&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>241&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>51.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,649&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,623&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1.6%&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>EBITDA <SUP>(3)</SUP></TD>
	<TD>&nbsp;</TD>
	<TD align=right>2,084&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>25.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,898&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>24.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>9.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>8,218&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>25.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>8,249&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>26.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-0.4%&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>
</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=100%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(1)</SUP>&nbsp;Except volume and average price per unit case figures.	</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(2)</SUP>&nbsp;Includes returnable bottle breakage expense. </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(3)</SUP>&nbsp;EBITDA = Operating Income + Depreciation + Amortization &amp; Other non-cash charges. </TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
</TABLE>
<P>
<B>Central American operations</B><br>
Expressed in millions of Mexican pesos<SUP>(1)</SUP> with purchasing power as of December 31, 2007</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:8px">
<TR>
	<TD></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD></TR>
	<TR valign="bottom" style="font-size: 1px">
	<TD colspan=21 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>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center><B>4Q 07 </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 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> </B><FONT FACE="Symbol"><B>D</B></FONT>%&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>YTD 07 </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 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> </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 colspan=7 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>33.9&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&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>3.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>128.1&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&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>6.5%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Average price per unit case&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>36.19&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>37.25&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-2.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>37.40&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>37.79&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-1.0%&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>1,227&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,218&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>4,791&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4,546&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.4%&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.A.&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>17&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>13&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>30.8%&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>Total revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,227&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,218&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>0.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4,808&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4,559&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.5%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Cost of sales&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>659&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>53.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>654&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>53.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>0.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,560&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>53.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,448&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>53.7%&nbsp;</TD>
	<TD align="right">&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="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>568&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>46.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>564&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>46.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>0.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,248&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>46.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,111&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>46.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6.5%&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>Operating expenses&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>363&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>29.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>377&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-3.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,533&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,470&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>32.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.3%&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>205&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>187&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>15.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>9.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>715&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>14.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>641&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>14.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>11.5%&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>57&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>61&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-6.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>233&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>241&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-3.3%&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>262&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>21.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>248&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>20.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>948&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>19.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>882&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>19.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7.5%&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>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD width=100%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(1)</SUP>&nbsp;
Except volume and average price per unit case figures. </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(2)</SUP>&nbsp;
Includes returnable bottle breakage expense. </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(3)</SUP>&nbsp;
EBITDA = Operating Income + Depreciation + Amortization &amp; Other non-cash charges. </TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD 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">
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    <td width="32%"></td>
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    <td width="2%"></td>
    <td width="32%"></td>
  </tr>
  <tr valign="bottom">
    <td width="32%" align="left"><b>February 19, 2008</b>&nbsp;</td>
    <td>&nbsp;</td>
    <td width="32%" align="center"><img src="rodape.gif" alt="1" width="49" height="24"></td>
    <td width="2%" align="left">&nbsp;</td>
    <td width="32%" align="right"><b>Page 12 </b>&nbsp;</td>
  </tr>
</table>
<BR>

<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" width="95" height="64" border=0></P>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">
<P>
<B>Colombian operations</B><br>
Expressed in millions of Mexican pesos<SUP>(1)</SUP> with purchasing power as of December 31, 2007</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:8px">
<TR>
	<TD></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD></TR>
	<TR valign="bottom" style="font-size: 1px">
	<TD colspan=21 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>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center><B>4Q 07 </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 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> </B><FONT FACE="Symbol"><B>D</B></FONT>%&nbsp;</TD>
  <TD align="center">&nbsp;</TD>
  <TD align=center><B>YTD 07 </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 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> </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 colspan=7 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>52.7&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&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>-1.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>197.8&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&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>3.6%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Average price per unit case&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>33.81&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>34.23&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-1.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>35.05&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>33.83&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3.6%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD 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>1,782&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,838&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>6,933&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6,459&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> &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>-&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>1,782&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,838&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-3.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6,933&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6,459&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7.3%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Cost of sales&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>869&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>48.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,014&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>55.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-14.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3,515&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>50.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3,597&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>55.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-2.3%&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>Gross profit&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>913&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>51.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>824&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>44.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>10.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3,418&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>49.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,862&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>44.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>19.4%&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>603&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>33.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>492&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>26.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>22.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,176&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,969&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>30.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>10.5%&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>Operating income&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>310&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>17.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>332&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>18.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-6.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,242&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>17.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>893&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>13.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>39.1%&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>99&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>91&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>8.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>337&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>346&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.4%&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>EBITDA <SUP>(3)</SUP></TD>
	<TD>&nbsp;</TD>
	<TD align=right>409&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>23.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>423&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>23.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-3.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,579&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>22.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,239&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>19.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>27.4%&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>
</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=100%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(1)</SUP>&nbsp;
Except volume and average price per unit case figures. </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(2)</SUP>&nbsp;
Includes returnable bottle breakage expense. </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(3)</SUP>&nbsp;
EBITDA = Operating Income + Depreciation + Amortization &amp; Other non-cash charges. </TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
</TABLE>
<P>
<B>Venezuelan operations</B><br>
Expressed in millions of Mexican pesos<SUP>(1)</SUP> with purchasing power as of December 31, 2007</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:8px">
<TR>
	<TD></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD></TR>
	<TR valign="bottom" style="font-size: 1px">
	<TD colspan=21 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>&nbsp;</TD>
	  <TD>&nbsp;</TD>
	  <TD align=center><B>4Q 07 </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 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> </B><FONT FACE="Symbol"><B>D</B></FONT>%&nbsp;</TD>
	  <TD align="center">&nbsp;</TD>
	  <TD align=center><B>YTD 07 </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 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> </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 colspan=7 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>57.0&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>49.8&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>14.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>209.0&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>182.6&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>14.5%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Average price per unit case&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>46.00&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>43.17&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>46.74&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>43.66&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7.0%&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>2,622&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,150&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>22.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>9,768&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7,973&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>22.5%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Other operating revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>5&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>0.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>17&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>20&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-15.0%&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>Total revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2,627&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,155&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>21.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>9,785&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7,993&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>22.4%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Cost of sales&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,576&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>60.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,374&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>63.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>14.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5,783&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>59.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4,961&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>62.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16.6%&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>1,051&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>40.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>781&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>36.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>34.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4,002&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>40.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3,032&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>37.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>32.0%&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>879&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>33.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>681&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>29.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3,430&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>35.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,825&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>35.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>21.4%&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 income&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>172&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>72.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>572&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>207&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>176.3%&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>70&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>92&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-23.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>329&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>407&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-19.2%&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>EBITDA <SUP>(3)</SUP></TD>
	<TD>&nbsp;</TD>
	<TD align=right>242&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>9.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>192&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>8.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>26.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>901&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>9.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>614&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>46.7%&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>
</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=100%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(1)</SUP>&nbsp;
Except volume and average price per unit case figures. </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(2)</SUP>&nbsp;
Includes returnable bottle breakage expense. </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(3)</SUP>&nbsp;
EBITDA = Operating Income + Depreciation + Amortization &amp; Other non-cash charges. </TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
</TABLE>
<br>
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  </tr>
  <tr valign="bottom">
    <td width="32%" align="left"><b>February 19, 2008</b>&nbsp;</td>
    <td>&nbsp;</td>
    <td width="32%" align="center"><img src="rodape.gif" alt="1" width="49" height="24"></td>
    <td width="2%" align="left">&nbsp;</td>
    <td width="32%" align="right"><b>Page 13 </b>&nbsp;</td>
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<A name="page_14"></A>

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<P>
<B>Argentine operations</B><br>
Expressed in millions of Mexican pesos<SUP>(1)</SUP> with purchasing power as of December 31, 2007</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:8px">
<TR>
	<TD></TD>
	<TD width=1%></TD>
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	<TD width=1%></TD>
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	<TD width=1%></TD>
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	<TD width=1%></TD>
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	<TD width=7%></TD>
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	<TR valign="bottom" style="font-size: 1px">
	<TD colspan=21 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>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center><B>4Q 07 </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 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> </B><FONT FACE="Symbol"><B>D</B></FONT>%&nbsp;</TD>
  <TD align="center">&nbsp;</TD>
  <TD align=center><B>YTD 07 </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 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> </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 colspan=7 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>54.9&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&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>14.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>179.4&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&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>8.8%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Average price per unit case&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>22.48&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>21.60&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>22.11&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>20.75&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6.6%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD 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>1,234&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,037&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>19.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3,967&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3,421&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16.0%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Other operating revenues&nbsp;</TD>
	<TD>&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>5&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>760.0%&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>37&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>81.1%&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>Total revenues&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,277&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,042&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>22.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4,034&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3,458&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16.7%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Cost of sales&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>773&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>60.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>640&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>61.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>20.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,435&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>60.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,096&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>60.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16.2%&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>Gross profit&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>504&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>39.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>402&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>38.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>25.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,599&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>39.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,362&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>39.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>17.4%&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>344&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>26.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>261&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>25.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>31.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,107&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>27.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>920&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>26.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>20.3%&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>160&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>12.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>141&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>13.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>13.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>492&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>12.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>442&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>12.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>11.3%&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>56&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>58&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-3.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>209&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>189&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>10.6%&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>EBITDA <SUP>(3)</SUP></TD>
	<TD>&nbsp;</TD>
	<TD align=right>216&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>199&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>19.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>8.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>701&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>17.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>631&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>18.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>11.1%&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>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD width=100%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(1)</SUP>&nbsp;
Except volume and average price per unit case figures. </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(2)</SUP>&nbsp;
Includes returnable bottle breakage expense. </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(3)</SUP>&nbsp;
EBITDA = Operating Income + Depreciation + Amortization &amp; Other non-cash charges. </TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
</TABLE>
<P>
<B>Brazilian operations</B><br>
Expressed in millions of Mexican pesos<SUP>(1)</SUP> with purchasing power as of December 31, 2007 <br>
Financial figures include beer results</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:8px">
<TR>
	<TD></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD></TR>
	<TR valign="bottom" style="font-size: 1px">
	<TD colspan=21 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>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center><B>4Q 07 </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 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> </B><FONT FACE="Symbol"><B>D</B></FONT>%&nbsp;</TD>
  <TD align="center">&nbsp;</TD>
  <TD align=center><B>YTD 07 </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 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> </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 colspan=7 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) <SUP>(2)</SUP></TD>
	<TD>&nbsp;</TD>
	<TD align=right>87.7&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&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>14.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>296.1&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&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>10.2%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Average price per unit case <SUP>(2)</SUP></TD>
	<TD>&nbsp;</TD>
	<TD align=right>33.30&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>33.38&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-0.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>34.89&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>34.38&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1.5%&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD 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>3,350&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,903&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>15.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>11,112&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>9,990&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&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>9&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>28.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>29&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>47&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-38.3%&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>3,359&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,910&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>15.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>11,141&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>10,037&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>100.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>11.0%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Cost of sales&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,739&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>51.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,692&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>58.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>6,051&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>54.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5,806&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>57.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.2%&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>Gross profit&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,620&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>48.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,218&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>41.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>33.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5,090&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>45.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4,231&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>42.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>20.3%&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 expenses&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>962&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>28.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>773&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>26.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>24.5%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3,233&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>29.0%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,789&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>27.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>15.9%&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>658&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>19.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>445&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>15.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>47.9%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,857&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,442&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>14.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>28.8%&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Depreciation, Amortization &amp; Other non-cash charges <SUP>(3)</SUP></TD>
	<TD>&nbsp;</TD>
	<TD align=right>59&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1.8%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>70&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.4%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>-15.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>230&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.1%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>221&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.1%&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>EBITDA <SUP>(4)</SUP></TD>
	<TD>&nbsp;</TD>
	<TD align=right>717&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>21.3%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>515&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>17.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>39.2%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,087&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>18.7%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,663&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>16.6%&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>25.5%&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>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD width=100%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(1)</SUP>&nbsp;
Except volume and average price per unit case figures. </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(2)</SUP>&nbsp;
Sales volume and average price per unit case exclude beer results </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(3)</SUP>&nbsp;
Includes returnable bottle breakage expense. </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(4)</SUP>&nbsp;
EBITDA = Operating Income + Depreciation + Amortization &amp; Other non-cash charges. </TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD 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="32%"></td>
    <td width="2%"></td>
    <td width="32%"></td>
    <td width="2%"></td>
    <td width="32%"></td>
  </tr>
  <tr valign="bottom">
    <td width="32%" align="left"><b>February 19, 2008</b>&nbsp;</td>
    <td>&nbsp;</td>
    <td width="32%" align="center"><img src="rodape.gif" alt="1" width="49" height="24"></td>
    <td width="2%" align="left">&nbsp;</td>
    <td width="32%" align="right"><b>Page 14 </b>&nbsp;</td>
  </tr>
</table>
<BR>

<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" width="95" height="64" border=0></P>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">

<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD width=100%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><B>SELECTED INFORMATION</B></TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
</TABLE>
<P>
<B>For the three months ended December 31, 2007 and 2006</B></P>
<P>
<B><I>Expressed in millions of Mexican pesos as of December 31, 2007</I></B></P>
<TABLE border=0 width=100% align="center" cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD></TD>
    <TD width=2%></TD>
    <TD width=13%></TD>
    <TD width=5%></TD>
    <TD></TD>
    <TD width=2%></TD>
    <TD width=13%></TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <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>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center><B>4Q 07</B>&nbsp;</TD>
    <TD width="5%" align="center">&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD align=center><B>4Q 06</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 align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD width="5%"></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>Capex&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>1,297.2&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD align=left>Capex&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>&nbsp; &nbsp;817.8&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="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD width="5%"></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Depreciation&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>399.4&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD align=left>Depreciation&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>&nbsp; &nbsp;392.8&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="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD width="5%"></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="right" 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>306.9&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD align=left>Amortization &amp; Other non-cash charges&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>&nbsp; &nbsp;220.1&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD width="13%" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD width="5%"></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD width="13%" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
</TABLE>
<BR>
<P>
<B>VOLUME</B><br>
<B><I>Expressed in millions of unit cases</I></B></P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:10px">
<TR>
	<TD></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=4%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD>&nbsp;</TD>
  <TD></TD>
  <TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD colspan="9" align=center><B>4Q 07</B>&nbsp;</TD>
	<TD width="4%" align="center">&nbsp;</TD>
	<TD colspan="9" align=center><B>4Q 06</B>&nbsp;</TD>
	</TR>
<TR valign="bottom" style="font-size: 1px">
	<TD>&nbsp;</TD>
	<TD></TD>
	<TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD width="4%"></TD>
	<TD colspan="9" 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>Sparkling</B>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>Water </B><B><SUP>(1)</SUP></B></TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>Bulk Water </B><B><SUP>(2)</SUP></B></TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>Still </B><B><SUP>(3)</SUP></B></TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>Total</B>&nbsp;</TD>
	<TD width="4%" align="center">&nbsp;</TD>
	<TD align=center><B>Sparkling</B>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>Water </B><B><SUP>(1)</SUP></B></TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>Bulk Water</B>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>Still </B><B><SUP>(3)</SUP></B></TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>Total</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 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></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD width="4%"></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></TD>
	<TD 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>216.2&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>10.4&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>43.0&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2.6&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>272.2&nbsp;</TD>
	<TD width="4%">&nbsp;</TD>
	<TD align=right>210.7&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>9.6&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>39.6&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>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>30.6&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1.4&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>0.0&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1.9&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>33.9&nbsp;</TD>
	<TD width="4%">&nbsp;</TD>
	<TD align=right>29.7&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1.4&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>0.0&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>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>46.4&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2.9&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2.6&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>0.8&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>52.7&nbsp;</TD>
	<TD width="4%">&nbsp;</TD>
	<TD align=right>47.5&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2.9&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2.6&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>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>51.8&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>3.2&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>0.0&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>2.0&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>57.0&nbsp;</TD>
	<TD width="4%">&nbsp;</TD>
	<TD align=right>44.3&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>3.1&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>0.0&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>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>80.8&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>5.6&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>0.0&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1.3&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>87.7&nbsp;</TD>
	<TD width="4%">&nbsp;</TD>
	<TD align=right>70.1&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>5.6&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>0.0&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>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>52.6&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>0.7&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>0.0&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1.6&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>54.9&nbsp;</TD>
	<TD width="4%">&nbsp;</TD>
	<TD align=right>46.0&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>0.4&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>0.0&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1.6&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>48.0&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="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></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD width="4%"></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></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=left>Total&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>478.4&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>24.2&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>45.6&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>10.2&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>558.4&nbsp;</TD>
	<TD width="4%">&nbsp;</TD>
	<TD align=right>448.3&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>23.0&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>42.2&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>9.7&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>523.2&nbsp;</TD></TR>
<TR valign="bottom" style="font-size: 1px">
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD></TD>
	<TD 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></TD>
	<TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
	<TD width="4%"></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></TD>
	<TD 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=100%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><i><SUP>(1)</SUP>&nbsp; <I>Excludes still bottled water in 5.0, 19.0 and 20.0 - liter packaging presentations</I> </i></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><i><SUP>(2)</SUP>&nbsp; <I>Bulk Water = Still bottled water in 5.0, 19.0 and 20.0 - liter packaging presentations</I> </i></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><i><SUP>(3)</SUP>&nbsp; <I>Still Beverages include flavored water</I> </i></TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
</TABLE>
<P>
<B>SELECTED INFORMATION</B></P>
<P>
<B>For the twelve months ended December 31, 2007 and 2006</B></P>
<P>
<B><I>Expressed in millions of Mexican pesos as of December 31, 2007</I></B></P>
<TABLE border=0 width=100% align="center" cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD></TD>
    <TD width=2%></TD>
    <TD width=13%></TD>
    <TD width=5%></TD>
    <TD></TD>
    <TD width=2%></TD>
    <TD width=13%></TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD width="5%"></TD>
    <TD>&nbsp;</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 07</B>&nbsp;</TD>
    <TD width="5%" 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 align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD width="5%"></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>Capex&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>&nbsp; &nbsp;3,682.1&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD align=left>Capex&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>&nbsp;2,863.0&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 width="5%"></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>Depreciation&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>&nbsp; &nbsp;1,645.0&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD align=left>Depreciation&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>1,655.8&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 width="5%"></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD align="right" 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>&nbsp; &nbsp;1,341.7&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD align=left>Amortization &amp; Other non-cash charges&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>1,371.4&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD width="13%" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD width="5%"></TD>
    <TD align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
    <TD></TD>
    <TD width="13%" align="right" style="border-top: 1px solid #000000;">&nbsp;</TD>
  </TR>
</TABLE>
<BR>
<P>
<B>VOLUME</B><br>
<B><I>Expressed in millions of unit cases</I></B></P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:10px">
<TR>
	<TD></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=4%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD>
	<TD width=1%></TD>
	<TD width=7%></TD></TR>
<TR valign="bottom" style="font-size: 1px">
  <TD>&nbsp;</TD>
  <TD></TD>
  <TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=center>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD colspan="9" align=center><B>YTD 07</B>&nbsp;</TD>
	<TD width="4%" align="center">&nbsp;</TD>
	<TD colspan="9" align=center><B>YTD 06</B>&nbsp;</TD>
  </TR>
<TR valign="bottom" style="font-size: 1px">
  <TD>&nbsp;</TD>
  <TD></TD>
  <TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD></TD>
  <TD colspan="9" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=center>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>Sparkling</B>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>Water </B><B><SUP>(1)</SUP></B></TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>Bulk Water </B><B><SUP>(2)</SUP></B></TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>Still </B><B><SUP>(3)</SUP></B></TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>Total</B>&nbsp;</TD>
	<TD width="4%" align="center">&nbsp;</TD>
	<TD align=center><B>Sparkling</B>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>Water </B><B><SUP>(1)</SUP></B></TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>Bulk Water</B>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>Still </B><B><SUP>(3)</SUP></B></TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center><B>Total</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="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 width="4%"></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>Mexico&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>869.5&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>47.0&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>182.4&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>11.5&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,110.4&nbsp;</TD>
	<TD width="4%" align="right">&nbsp;</TD>
	<TD align=right>852.0&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>42.7&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>166.6&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>9.4&nbsp;</TD>
	<TD align="right">&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>115.0&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.5&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>0.0&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>7.6&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>128.1&nbsp;</TD>
	<TD width="4%" align="right">&nbsp;</TD>
	<TD align=right>109.4&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.2&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>0.0&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.7&nbsp;</TD>
	<TD align="right">&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>173.3&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>11.0&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>10.8&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.7&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>197.8&nbsp;</TD>
	<TD width="4%" align="right">&nbsp;</TD>
	<TD align=right>167.7&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>10.8&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>10.1&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.3&nbsp;</TD>
	<TD align="right">&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>189.0&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>11.8&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>0.0&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>8.2&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>209.0&nbsp;</TD>
	<TD width="4%" align="right">&nbsp;</TD>
	<TD align=right>160.1&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>11.5&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.2&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>8.8&nbsp;</TD>
	<TD align="right">&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>271.6&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>19.9&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>0.0&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>4.6&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>296.1&nbsp;</TD>
	<TD width="4%" align="right">&nbsp;</TD>
	<TD align=right>246.3&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>19.6&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>0.0&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.8&nbsp;</TD>
	<TD align="right">&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>172.6&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1.7&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>0.0&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>5.1&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>179.4&nbsp;</TD>
	<TD width="4%" align="right">&nbsp;</TD>
	<TD align=right>159.2&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2.1&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>0.0&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>3.6&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>164.9&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 width="4%" 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&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=right>1,791.0&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>96.9&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>193.2&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>39.7&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>2,120.8&nbsp;</TD>
	<TD width="4%" align="right">&nbsp;</TD>
	<TD align=right>1,694.7&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>91.9&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>178.9&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>32.6&nbsp;</TD>
	<TD align="right">&nbsp;</TD>
	<TD align=right>1,998.1&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 width="4%"></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>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
  <TR>
    <TD width=100%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><i><SUP>(1)</SUP>&nbsp; <I>Excludes still bottled water in 5.0, 19.0 and 20.0 - liter packaging presentations</I> </i></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><i><SUP>(2)</SUP>&nbsp; <I>Bulk Water = Still bottled water in 5.0, 19.0 and 20.0 - liter packaging presentations</I> </i></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><i><SUP>(3)</SUP>&nbsp; <I>Still Beverages include flavored water</I> </i></TD>
  </TR>
  <TR valign="bottom" style="font-size: 1px">
    <TD 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="32%"></td>
    <td width="2%"></td>
    <td width="32%"></td>
    <td width="2%"></td>
    <td width="32%"></td>
  </tr>
  <tr valign="bottom">
    <td width="32%" align="left"><b>February 19, 2008</b>&nbsp;</td>
    <td>&nbsp;</td>
    <td width="32%" align="center"><img src="rodape.gif" alt="1" width="49" height="24"></td>
    <td width="2%" align="left">&nbsp;</td>
    <td width="32%" align="right"><b>Page 15 </b>&nbsp;</td>
  </tr>
</table>
<BR>

<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" width="95" height="64" border=0></P>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">
<P align="center">
  <b>December 2007 <br>
Macroeconomic Information </b></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=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>&nbsp;</TD>
  <TD></TD>
  <TD colspan="3" align="center" style="border-top: 1px solid #000000;">&nbsp;</TD>
  <TD align="center"></TD>
  <TD colspan="3" 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>&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD colspan=3 align=center>Foreign Exchange Rate&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 align="center">&nbsp;</TD>
	<TD colspan=3 align=center>(local currency per US Dollar) <SUP>(2)</SUP></TD></TR>
<TR valign="bottom">
	<TD align=left>&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>LTM&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center>4Q 2007&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center>Dec 07&nbsp;</TD>
	<TD align="center">&nbsp;</TD>
	<TD align=center>Dec 06&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 align="center"></TD>
	<TD colspan="3" 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>3.76%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>1.52%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>10.8662&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>10.876&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=center>Colombia&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>5.70%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>0.98%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>2014.76&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>2238.79&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=center>Venezuela&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>22.46%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>10.43%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>2150&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>2150&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=center>Argentina&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>8.47%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>2.49%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>3.149&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>3.062&nbsp;</TD></TR>
<TR valign="bottom">
	<TD align=center>Brazil&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>5.13%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>1.71%&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>1.7713&nbsp;</TD>
	<TD>&nbsp;</TD>
	<TD align=center>2.138&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 align="center"></TD>
  <TD colspan="3" 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=100%></TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(1)</SUP>&nbsp;
Source: Mexican inflation is published by <I>Banco de M&eacute;xico </I>(Mexican Central Bank). </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><SUP>(2)</SUP>&nbsp;
Exchange rates at the end of period are the official exchange rates published by Central Banks in each country. </TD>
  </TR>

  <TR valign="bottom" style="font-size: 1px">
    <TD 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="32%"></td>
    <td width="2%"></td>
    <td width="32%"></td>
    <td width="2%"></td>
    <td width="32%"></td>
  </tr>
  <tr valign="bottom">
    <td width="32%" align="left"><b>February 19, 2008</b>&nbsp;</td>
    <td>&nbsp;</td>
    <td width="32%" align="center"><img src="rodape.gif" alt="1" width="49" height="24"></td>
    <td width="2%" align="left">&nbsp;</td>
    <td width="32%" align="right"><b>Page 16 </b>&nbsp;</td>
  </tr>
</table>
<BR>
<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.B. 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>
  </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">Date:<font color="#000000"> February 19 </font>, 2008</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>
  </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">Name:&nbsp; H&#233;ctor Trevi&#241;o Guti&#233;rrez </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">Title:&nbsp;&nbsp;&nbsp; Chief Financial Officer </FONT></TD>
  </TR>
</TABLE>
<p>&nbsp;</p>

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