RECENT EVENTS Coca-Cola FEMSA shareholders approve dividend for Ps. 809 million, an increase of 12% as compared to the dividend paid for 2005.

Mexico City (March 27, 2007) – Coca-Cola FEMSA, S.A.B. de C.V. (BMV:

KOFL; NYSE: KOF) (“Coca-Cola FEMSA” or the “Company”), the largest Coca-

Cola bottler in Latin America and the second largest Coca-Cola bottler in the

world, held its Annual General Ordinary Shareholders Meeting, at which

shareholders approved the annual report presented by the Board of Directors, the

consolidated financial statements for the year ended December 31, 2006, the

declaration of the dividend for fiscal year 2006 and the composition of the Board

of Directors for 2007.

Shareholders approved the payment of a dividend in the amount of Ps. 809 million.

The dividend will be paid on May 15, 2007 in the amount of Ps. 0.4380 for each

ordinary share, equivalent to Ps. 4.38 per ADR, an increase of 12% in real terms as

compared to the dividend paid for 2005.



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