Coca-Cola FEMSA Finalizes the Acquisition of 51% of The Coca-Cola Company's Philippines' Bottling Operation

Coca-Cola FEMSA Finalizes the Acquisition of 51% of The Coca-Cola Company's 
Philippines' Bottling Operation 
MEXICO CITY -- (Marketwire) -- 01/24/13 --  Coca-Cola FEMSA, S.A.B.
de C.V. (BMV: KOFL) (NYSE: KOF), the largest franchise bottler of
Coca-Cola products in the world, has finalized the acquisition of 51%
of Coca-Cola Bottlers Philippines, Inc. (CCBPI) from The Coca-Cola
Company (NYSE: KO), the world's largest beverage company, for an
amount of US$688.5 million in an all-cash transaction. The closing of
this transaction will be effective on January 25, 2013. 
This purchase price represents an aggregate enterprise value for 100%
of the bottler of US$1,350 million. As part of the agreement,
Coca-Cola FEMSA will have an option to acquire the remaining 49% of
CCBPI at any time during the seven years following the closing and
will have a put option to sell its ownership to The Coca-Cola Company
any time during year six. 
"Our company has started 2013 on the right foot. We recently
announced a merger agreement with Grupo Yoli and its shareholders,
one of the oldest family-owned bottlers in the Coca-Cola system in
Mexico, which serves both Acapulco and Ixtapa-Zihuatanejo, two of the
most important tourist destinations in the coast of the Pacific
Ocean. This marks our fifth transaction in the Coca-Cola bottling
space in the last 18 months, representing an aggregate investment of
more than US$3,500 million. Today, we are pleased to announce the
closing of the transaction with our partner, The Coca-Cola Company,
to strengthen our position in the global beverage industry through
the acquisition of a majority stake in their bottling operations in
the Philippines. After almost 200 years, we now have the opportunity
to reconnect the Manila-Acapulco route through the exchange of our
cultures and operating best practices. More recently, we had the
privilege to express our firm belief and confidence in the
Philippines to President Benigno Aquino III himself, looking forward
to a successful relationship with the Philippine government. We are
certain that our operators have the skills and operational
capabilities to take on the challenges and capture the opportunities
that we have identified in our Philippine operation. Our values and
culture will extend to our growing family of employees as we
reinforce our commitment to generate economic, social, and
environmental value together," said Carlos Salazar Lomelin, Chief
Executive Officer of Coca-Cola FEMSA. 
Coca-Cola FEMSA will recognize the results of CCBPI through the
equity method as of the closing date. 
Coca-Cola FEMSA, S.A.B. de C.V. produces and distributes Coca-Cola,
Fanta, Sprite, Del Valle, and other trademark beverages of The
Coca-Cola Company in Mexico (a substantial part of central Mexico,
including Mexico City, as well as southeast and northeast Mexico),
Guatemala (Guatemala City and surrounding areas), Nicaragua
(nationwide), Costa Rica (nationwide), Panama (nationwide), Colombia
(most of the country), Venezuela (nationwide), Brazil (greater Sao
Paulo, Campinas, Santos, the state of Mato Grosso do Sul, part of the
state of Goias, and part of the state of Minas Gerais), Argentina
(federal capital of Buenos Aires and surrounding areas) and
Philippines (nationwide), along with bottled water, juices, teas,
isotonics, beer, and other beverages in some of these territories.
The Company has 60 bottling facilities and serves close to 315
million consumers through more than 2,500,000 retailers with more
than 100,000 employees worldwide. 
For Further Information: 
Investor Relations 
Jose Castro
(5255) 1519-5120 / 5121 
Roland Karig 
(5255) 1519-5186 
Carlos Uribe
(5255) 1519-5148 
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