THE BOARD OF DIRECTORS OF THE COCA-COLA COMPANY DECLARES QUARTERLY DIVIDEND

ATLANTA, April 23, 2009 -  The Board of Directors of The Coca-Cola Company today declared a regular quarterly dividend of 41 cents per common share. The dividend is payable July 1, 2009, to shareowners of record as of June 15, 2009.

In February, The Board of Directors approved the Company's 47th consecutive annual dividend increase, raising the quarterly dividend approximately 8 percent from 38 cents to 41 cents per common share. This was equivalent to an annual dividend of $1.64 per share, up from $1.52 per share in 2008.

The Board also elected John Farrell and Jackson Kelly as vice presidents.

Farrell serves as head of strategic planning. A 29-year veteran of the Company, Farrell started his career with the Company in Corporate Financial Planning and Policy. He also held major operations roles in North America, Europe and Asia, including director of business planning for Coca-Cola North America, serving as president of Coca-Cola China, president of Schweppes Beverages and vice president of Corporate Strategy and Business Development for the Europe, Eurasia and Middle East Group, and the Japan Business Unit.

Farrell has a bachelor’s degree in Industrial Management from Georgia Institute of Technology and a master’s degree in business from the University of Virginia. Download bio and image of John Farrell.

Kelly serves as director of Investor Relations. A 15-year veteran of the Company, Kelly previously served as special assistant, Office of the President and Chief Executive Officer, where he was responsible for providing strategic leadership to the development and execution of the Company’s business plans across its global operations. From 2006-2008, he was vice president, Coca-Cola International and director of International Marketing Services. He has held various positions within the Company, including several brand management and marketing leadership roles, including the executive assistant to the Chief Marketing Officer (CMO).

A Certified Public Accountant, Kelly holds a master’s degree in business from Duke University and a bachelor’s degree with full honors from Washington and Lee University. Download image of Jackson Kelly.

The Coca-Cola Company is the world's largest beverage company, refreshing consumers with nearly 500 sparkling and still brands. Along with Coca-Cola®, recognized as the world's most valuable brand, the Company's portfolio includes 12 other billion dollar brands, including Diet Coke®, Fanta®, Sprite®, Coca-Cola Zero®, vitaminwater, POWERADE®, Minute Maid® and Georgia® Coffee. Globally, we are the No. 1 provider of sparkling beverages, juices and juice drinks and ready-to-drink teas and coffees. Through the world's largest beverage distribution system, consumers in more than 200 countries enjoy the Company's beverages at a rate of nearly 1.6 billion servings a day. With an enduring commitment to building sustainable communities, our Company is focused on initiatives that protect the environment, conserve resources and enhance the economic development of the communities where we operate. For more information about our Company, please visit our Web site at www.thecoca-colacompany.com.

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