June 28, 2000 - In a remarkable response to the pressure being brought to bear on Coke over its reluctance to embrace natural refrigerants and improve energy efficiency through technological innovation, the company has now taken a lead and a set an example for the refrigeration industry to follow. Here's the latest:

MEDIA RELEASE

Coca-Cola unveils latest initiatives to fight global warming
A significant Sydney 2000 legacy

Wednesday, June 28, Sydney - The Coca-Cola Company today announced a range of initiatives, which will have a significant impact on its contribution to the worldwide movement to halt global warming.

The initiatives are detailed in the Company's new environmental policy for cold drink equipment, which Douglas N. Daft, Chairman and Chief Executive Officer of the Coca-Cola Company unveiled today. "Consistent with the leadership role we took on chlorofluorocarbons (CFCs) in the 1990’s, we will continue to lead our business system to use the most responsible cold drink equipment commercially available. We will intensify our efforts to support research and innovation to accelerate the technological development of more environmentally friendly equipment," said Mr. Daft.

The initiatives include:

By the Athens Olympic Games in 2004 the Company will no longer purchase new cold drink equipment using hydrofluorocarbons (HFCs) where environmentally superior alternatives are commercially available. This initiative applies both to refrigerant gases and insulation.

Between now and 2004, the Company will expand its innovative
research and development program to identify and field-test a variety of promising alternative refrigeration technologies.
Suppliers will be required
to announce specific time schedules to use HFC-free foam insulation in all new cold drink equipment by 2004.
In concert with the international Kyoto Agreement on climate change, we are requiring our
suppliers to develop, by the end of the decade, new equipment that is 40-50 percent more energy efficient than today's equipment.

In support of today's announcement, Coca-Cola also declared it
had reached an agreement with one of the largest refrigeration companies in the Southern Hemisphere to develop the capability to produce large single door, high performance commercial coolers using HC
gases, which have a negligible impact on global warming.

"Finalizing this agreement with Skope Refrigeration, a key supplier in the South Pacific, will be a significant
legacy of our involvement in the Sydney 2000 Olympic Games," continued Mr. Daft.

Since the 1997 Kyoto Agreement, the Company has had a task force focusing on alternative refrigeration technologies and climate change issues. "We are moving forward as fast as the technology for the range of our equipment sizes and needs will allow," said Geoff Walsh, Coca-Cola South Pacific, "and the agreement with Skope is indicative of our commitment to stay on the leading edge of progress."

Throughout 1999/2000, Coca-Cola joined with the Danish Technical Institute, Danish Energy Agency and two Danish suppliers, Vestfrost and Danfoss, to conduct trials on small single door coolers that reduce energy consumption. "We are extending similar trials to Sydney 2000. For the first time in Australia, 100 drink coolers that use hydrocarbon refrigerant with negligible impact on global warming will be installed at Sydney Olympic Park as part of the field trial of this new equipment," Mr. Walsh said.

The Coca-Cola Company's latest policy for cold drink equipment is posted on the Company’s web site (www.thecoca-colacompany.com).

ENVIRONMENTAL POLICY FOR COLD DRINK EQUIPMENT

As the worldwide leader in the beverage industry, The Coca-Cola Company has long worked to make sure our cold drink equipment meets the highest possible environmental standards. For the past three years, a special Company task force has been working to identify energy savings opportunities and integrate the use of alternative refrigerants and refrigeration systems.

In connection with this effort, we are issuing the following policy for new cold drink equipment purchased by The Coca-Cola Company:

By the Athens Olympic Games in 2004, the Company will no longer purchase new cold drink equipment using hydrofluorocarbons (HFCs) where cost efficient alternatives are commercially available. This initiative applies both to refrigerant gases and insulation.

Between now and 2004, the Company will expand its innovative research and development program to identify and field-test a variety of promising alternative refrigeration technologies.

Suppliers will be required to announce specific time schedules to use only HFC-free foam insulation and refrigeration in all new cold drink equipment by 2004.

In concert with the international Kyoto Agreement on climate change, we are requiring our suppliers to develop, by the end of the decade, new equipment that is 40-50 percent more energy efficient than today's equipment.

Consistent with the leadership role taken on ozone-depleting CFCs in the 1990s, The Coca-Cola Company will continue to lead our system to use the most environmentally responsible cold drink refrigeration technology available, intensifying our efforts to support research and innovation in this area. Detailed communications with suppliers about our expectations and schedules will take place over the next few months.