Coca-Cola Chooses McCann as Agency Partner for Localizing Creative Work in Central and Southern Europe (CSE)

VIENNA, December 7, 2010 - The Coca-Cola Company's Central and Southern Europe (CSE) business unit
has appointed McCann as the creative agency to work with the 23 countries*
that comprise the business. The move will enable the CSE business unit to
operate with greater speed, scale and simplicity across multiple countries.

The decision was made after a thorough review, and follows the creation
of the CSE business unit earlier this year. The move will enable Coca-Cola to
identify synergies across the region and allow international campaigns to be
localized faster, more effectively and more efficiently. The range of
services to be localized include adaptations of TVCs, billboards, radio, and
graphics mainly.

Because of the need for a network partner to service the entire
territory, but which also has strong local operations, only two agencies were
invited to tender - McCann and Publicis, both of which have long standing
relationships with Coca-Cola. Both agencies showed strong competencies and a
high level of creativity. The decision to appoint McCann was based on its
performance against three criteria: creative excellence, agency structure and
costing.

"I would like to thank both agencies for their hard work and excellent
proposals," said Roel Annega, Marketing Director of Coca-Cola CSE. "It was a
close contest, but overall we felt McCann's proposal was the most compelling.
We're looking forward to working with them to implement marketing of the
highest quality that will drive the growth of our business in CSE in the
years ahead," he added.

Publicis will continue to work for Coca-Cola CSE as it remains one of the
agencies on the company's roster for the central production of creative.

The Coca-Cola CSE account will be led by Pedro Pina, Senior Vice
President, EMEA Regional Account Director at McCann. He commented, "We are
excited to continue to strengthen our bonds with Coca-Cola in Europe and are
particularly excited to welcome back important markets like Italy, Greece,
Austria and Bulgaria into our area of responsibility. We strongly believe
that scale, efficiencies and creativity can all be part of the same
successful equation."

McCann will work across all Coca-Cola's global brands and will take up
responsibility for localization of campaigns in all markets from March 2011.

*The Coca-Cola Company's Central and Southern Europe (CSE) is comprised
of the following countries: Albania, Austria, Bosnia, Bulgaria, Croatia,
Cyprus, Czech, Estonia, FYROM, Greece, Hungary, Italy, Kosovo, Latvia,
Lithuania, Malta, Moldova, Poland, Romania, Serbia, Slovakia, Slovenia, and
Switzerland.

About The Coca-Cola Company

The Coca-Cola Company (NYSE: KO) is the world's largest beverage company,
refreshing consumers with more than 500 sparkling and still brands. Along
with Coca-Cola(R), recognized as the world's most valuable brand, the
Company's portfolio includes 12 other billion dollar brands, including Diet
Coke(R), Fanta(R), Sprite(R), Coca-Cola Zero(R), vitaminwater(R),
Powerade(R), Minute Maid(R), Simply(R) and Georgia(R). 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 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 website at
www.thecoca-colacompany.com.

About McCann Worldgroup

McCann Worldgroup, one of the world's largest marketing communications
companies, is comprised of McCann Erickson Worldwide (the world's largest
advertising agency network); MRM Worldwide (digital marketing/relationship
management); Momentum Worldwide (event marketing/promotion); McCann
Healthcare Worldwide (professional/dtc communications); Universal McCann
(media management); Weber Shandwick (public relations); EXP (global
production) and FutureBrand (consulting/design).

Photos: www.ots.at/presseaussendung/OTS_20101207_OTS0116

    Press contacts:

    Philipp Bodzenta
    Coca-Cola
    +43(0)664-605-088-10
    pbodzenta@eur.ko.com

    Hallie Johnston
    McCann Erickson
    +44(0)207-961-2056
    hallie.johnston@europe.mccann.com

Press contacts: Philipp Bodzenta, Coca-Cola, +43(0)664-605-088-10, pbodzenta at eur.ko.com; Hallie Johnston, McCann Erickson, +44(0)207-961-2056, hallie.johnston at europe.mccann.com