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<FILENAME>press_release.txt
<DESCRIPTION>PRESS RELEASE
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                           Embotelladora Andina S.A.



FOR IMMEDIATE RELEASE
---------------------

CONTACTS IN SANTIAGO, CHILE                 CONTACT IN NEW YORK, U.S.A.
EMBOTELLLADORA ANDINA S.A.                  I-ADVIZE CORPORATE COMMUNICATIONS
Andres Olivos, Chief Financial Officer      Maria Barona
Sofia Chellew, Head of Investor Relations   212-406-3690
(56-2) 338-0520                             mbarona@i-advize.com
inv.rel@koandina.com

               ANDINA ANNOUNCES PRELIMINARY SALES VOLUME FIGURES
               -------------------------------------------------
                         FOR THE THIRD QUARTER OF 2002
                         -----------------------------

(Santiago, Chile, October 4, 2002) -- Embotelladora Andina S.A. ("Andina" or
"the Company") (NYSE: AKO/A; AKO/B) announced today its preliminary total soft
drink sales volumes expectations for the third quarter ended September 30,
2002, when compared to the same period of 2001, of approximately 5-6% growth
in the Company's Chilean territory, and 5-6% in the Brazilian territory, while
in the Argentine territory, they are expected to decline by approximately
15-16%.

These figures are approximations; the actual numbers will be released in the
consolidated second quarter results during October 2002.

Andina, based in Santiago, Chile, is one of the largest bottlers of Coca-Cola
products in the region. It has produced and distributed soft drinks and juices
in Chile for over 50 years, and expanded its presence to Brazil in 1994 and to
Argentina in 1995 and 1996.


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     This release may contain forward-looking statements reflecting
     management's good faith expectations and are based upon currently
     available data; however, actual results are subject to numerous
     uncertainties, many of which are beyond the control of the Company and
     any one or more of which could materially impact actual performance.
     Among the factors that can cause performance to differ materially are:
     economic and political conditions on consumer spending, pricing pressure
     resulting from competitive discounting by other bottlers, climatic
     conditions in the Southern Cone, and other risk factors applicable from
     time to time and listed in Andina's periodic reports filed with the
     relevant regulatory institutions.



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