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<SEC-DOCUMENT>0000893750-07-000407.txt : 20071107
<SEC-HEADER>0000893750-07-000407.hdr.sgml : 20071107
<ACCEPTANCE-DATETIME>20071107170849
ACCESSION NUMBER:		0000893750-07-000407
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20071106
FILED AS OF DATE:		20071107
DATE AS OF CHANGE:		20071107

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ANDINA BOTTLING CO INC
		CENTRAL INDEX KEY:			0000925261
		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:	001-13142
		FILM NUMBER:		071222385

	BUSINESS ADDRESS:	
		STREET 1:		CARLOS VALDOVINOS 560
		STREET 2:		LAS CONDES
		CITY:			SANTIAGO CHILE
		STATE:			F3
		ZIP:			00000
		BUSINESS PHONE:		5623380520
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>actual6k.htm
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>MATERIAL EVENT</TITLE>
<META NAME="author" CONTENT="Maria Jose Wilson">
<META NAME="date" CONTENT="11/07/2007">
</HEAD>
<BODY style="line-height:12pt; font-family:Times New Roman; font-size:10pt; color:#000000">
<DIV style="width:589.2px"><P style="line-height:26.667px; margin:0px; font-size:24px" align=center><B>UNITED STATES</B></P>
<P style="line-height:26.667px; margin:0px; font-size:24px" align=center><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="margin:0px" align=center><B>WASHINGTON, D.C. 20549</B></P>
<P style="margin:0px">&nbsp;</P>
<P style="line-height:18.667px; margin:0px; font-size:16px" align=center>__________________________</P>
<P style="margin:0px">&nbsp;</P>
<P style="line-height:26.667px; margin:0px; font-size:24px" align=center><B>FORM 6-K</B></P>
<P style="margin:0px">&nbsp;</P>
<P style="line-height:18.667px; margin:0px; font-size:16px" align=center>__________________________</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="line-height:18.667px; margin:0px; font-size:16px" align=center><B>REPORT OF FOREIGN ISSUER</B></P>
<P style="line-height:18.667px; margin:0px; font-size:16px" align=center><B>PURSUANT TO RULE 13a-16 OR 15b-16 OF</B></P>
<P style="line-height:18.667px; margin:0px; font-size:16px" align=center><B>THE SECURITIES EXCHANGE ACT OF 1934</B></P>
<P style="margin:0px"><B>&nbsp;</B></P>
<P style="margin:0px" align=center><B>November 2007</B></P>
<P style="margin:0px" align=center>Date of Report (Date of Earliest Event Reported)</P>
<P style="line-height:18.667px; margin:0px; font-size:16px" align=center>__________________________</P>
<P style="margin:0px" align=center><BR></P>
<P style="line-height:24px; margin:0px; font-size:21.333px" align=center><B>Embotelladora Andina S.A. </B></P>
<P style="margin:0px" align=center>(Exact name of registrant as specified in its charter) </P>
<P style="line-height:24px; margin:0px; font-size:21.333px" align=center><B>Andina Bottling Company, Inc.</B></P>
<P style="margin:0px" align=center>(Translation of Registrant&#180;s name into English) </P>
<P style="margin:0px; font-size:10px">&nbsp;</P>
<P style="margin:0px; font-family:sans-serif" align=center><FONT FACE="sans-serif"><B>Avda. El Golf 40, Piso 4</B></FONT></P>
<P style="margin:0px" align=center><FONT FACE="Times New Roman"><B>Las Condes</B></FONT></P>
<P style="margin:0px" align=center><B>Santiago, Chile</B></P>
<P style="margin:0px" align=center>&nbsp;(Address of principal executive office)</P>
<P style="margin:0px; font-size:10px">&nbsp;</P>
<P style="line-height:18.667px; margin:0px; font-size:16px" align=center>__________________________</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="line-height:normal; margin:0px" align=center>Indicate by check mark whether the registrant files or will file annual reports<BR>
under cover Form 20-F or Form 40-F.&nbsp;<BR>
Form 20-F ___X___ Form 40-F _______<SMALL> </SMALL></P>
<P style="margin-top:4.2px; margin-bottom:4.2px" align=center>Indicate by check mark if the Registrant is submitting this Form 6-K in paper as<BR>
permitted by Regulation S-T Rule 101(b)(1):<BR>
Yes _______ No ___X____<BR>
<BR>
Indicate by check mark if the Registrant is submitting this Form 6-K in paper as<BR>
permitted by Regulation S-T Rule 101(b)(7):<BR>
Yes _______ No ___X____<BR>
<BR>
Indicate by check mark whether the registrant by furnishing the information contained in this Form 6-K is also thereby furnishing the information to the<BR>
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934<BR>
Yes _______ No ___X____ </P>
<P style="margin:0px; font-size:16px">&nbsp;</P>
<P style="margin:0px" align=center><BR>
<BR></P>
<HR style="margin-top:9.6px; margin-bottom:9.6px" noshade size=1.333>
</DIV><DIV style="width:664.933px"><P style="line-height:18.667px; margin:0px; font-size:16px; page-break-before:always" align=center><B><U>MATERIAL EVENT</U></B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="line-height:18.667px; margin-top:0px; margin-bottom:-18.667px; font-size:16px">CORPORATE NAME</P>
<P style="line-height:18.667px; margin-top:0px; margin-bottom:-18.667px; text-indent:240px; font-size:16px">:</P>
<P style="line-height:18.667px; margin:0px; text-indent:288px; font-size:16px"><B>EMBOTELLADORA ANDINA S.A.</B></P>
<P style="margin:0px"><BR></P>
<P style="line-height:18.667px; margin-top:0px; margin-bottom:-18.667px; font-size:16px">SECURITIES REGISTRY</P>
<P style="line-height:18.667px; margin-top:0px; margin-bottom:-18.667px; text-indent:240px; font-size:16px">:</P>
<P style="line-height:18.667px; margin:0px; text-indent:288px; font-size:16px">00124</P>
<P style="margin:0px"><BR></P>
<P style="line-height:18.667px; margin-top:0px; margin-bottom:-18.667px; font-size:16px">TAXPAYER I.D.</P>
<P style="line-height:18.667px; margin-top:0px; margin-bottom:-18.667px; text-indent:240px; font-size:16px">:</P>
<P style="line-height:18.667px; margin:0px; text-indent:288px; font-size:16px">91.144.000-8</P>
<P style="margin:0px"><BR></P>
<P style="line-height:18.667px; margin:0px; font-size:16px">______________________________________________________________________ </P>
<P style="margin:0px"><BR></P>
<P style="line-height:18.667px; margin:0px; font-size:16px">The following material event is reported by Embotelladora Andina S.A. (&#147;Andina&#148; or the &#147;Company&#148;) by virtue of the stipulations in Article 9 and subparagraph 2 of Article 10 of Law 18,045, and the provisions in Section II of General Rule No. 30 of the Superintendency of Securities and Insurance:</P>
<P style="margin:0px"><BR></P>
<P style="line-height:18.667px; margin:0px; font-size:16px">As announced in the material event dated August 20, 2007, <I>The Coca-Cola Company</I> (TCCC) informed us its intention to review the &quot;<I>concentrate price</I>&quot; in Chile. &nbsp;This price is a percentage rate applied on beverage sales revenues under the franchise agreement.</P>
<P style="margin:0px"><BR></P>
<P style="line-height:18.667px; margin:0px; font-size:16px">In this sense, we inform that TCCC has decided to increase the incidence rate and its calculation methodology, as of January 1, 2008 and until the year 2012, for the <U>incremental sales recorded since the former date</U> at a rate of 40%. &nbsp;&nbsp;These incremental sales will be measured as those sales in excess of those recorded during the previous year, expressed in inflation-indexed in Chilean pesos.</P>
<P style="margin:0px"><BR></P>
<P style="line-height:18.667px; margin:0px; font-size:16px">Thus, for the amount of total sales of Andina&#146;s Chilean franchise, up to the amount equivalent to the value of sales for the year 2007, the current concentrate rate will be applied without alterations. </P>
<P style="margin:0px"><BR></P>
<P style="line-height:18.667px; margin:0px; font-size:16px">Consequently, since this measure will be applied over the real sales growth, the effect will depend on the effective yearly growth rate. &nbsp;For example, if Andina&#146;s real sales in Chile grow at an annual growth rate of 5% during the 2008-2012 period, operating costs would increase at a rate of US$4 million per year with respect to the current situation. &nbsp;Towards the end of 2012 we estimate that this incidence would be stabilized going forward. </P>
<P style="margin:0px"><BR></P>
<P style="line-height:18.667px; margin:0px; font-size:16px">Since this is a transaction among related parties, should the Company approve the transaction, and given the increase of annual costs, Embotelladora Andina S.A. will exercise all its efforts in order to compensate or diminish the effects over its results. </P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="line-height:18.667px; margin:0px; font-size:16px"><B>Pedro Pellegrini Ripamonti</B></P>
<P style="line-height:18.667px; margin:0px; font-size:16px"><B>Corporate Legal Manager</B></P>
<P style="line-height:18.667px; margin:0px; font-size:16px"><B>Embotelladora Andina S.A.</B></P>
<P style="margin:0px"><BR></P>
<P style="line-height:18.667px; margin:0px; font-size:16px">Santiago, November 6, 2007</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:16px; margin-bottom:0px"><BR>
<BR></P>
<HR style="margin-top:9.6px; margin-bottom:9.6px" noshade size=1.333>
<P style="margin-top:16px; margin-bottom:0px; page-break-before:always"><BR></P>
<P style="line-height:18.667px; margin:0px; font-size:16px" align=center>SIGNATURES</P>
<P style="margin:0px"><BR></P>
<P style="line-height:18.667px; margin:0px; text-indent:96px; font-size:16px">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, in the city of Santiago, Chile.</P>
<P style="margin:0px"><BR></P>
<P style="line-height:18.667px; margin-top:0px; margin-bottom:-18.667px; padding-left:96px; font-size:16px">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P style="line-height:18.667px; margin:0px; padding-left:96px; text-indent:270.4px; font-size:16px"><B>EMBOTELLADORA ANDINA S.A.</B></P>
<P style="margin:0px"><BR></P>
<P style="line-height:18.667px; margin:0px; padding-left:96px; font-size:16px">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P style="line-height:18.667px; margin-top:0px; margin-bottom:-18.667px; padding-left:96px; font-size:16px">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P style="line-height:18.667px; margin:0px; padding-left:96px; text-indent:270.4px; font-size:16px">By: <U>/s/ Osvaldo Garay</U></P>
<P style="line-height:18.667px; margin-top:0px; margin-bottom:-18.667px; padding-left:96px; font-size:16px">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P style="line-height:18.667px; margin:0px; padding-left:96px; text-indent:270.4px; font-size:16px">Name: &nbsp;&nbsp;Osvaldo Garay</P>
<P style="line-height:18.667px; margin-top:0px; margin-bottom:-18.667px; padding-left:96px; font-size:16px">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P style="line-height:18.667px; margin:0px; padding-left:96px; text-indent:270.4px; font-size:16px">Title: &nbsp;&nbsp;&nbsp;Chief Financial Officer </P>
<P style="margin:0px"><BR></P>
<P style="line-height:18.667px; margin:0px; font-size:16px">Santiago, November 7, 2007</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR>
<BR></P>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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