|  |
|--|
|  |  |  |
|  | Contacts:Investors and Analysts:Jackson KellyT +01 404.676.7563Media:Kent LandersT +01 404.676.2683 | The Coca-Cola CompanyGlobal Public Affairs & Communications DepartmentP.O. Box 1734Atlanta, GA 30301 |

|         |                                                                                                                              |
|---------|------------------------------------------------------------------------------------------------------------------------------|
| • | Solid 4% first quarter global volume growth.  Volume growth of 3% for Coca-Cola Americas and 5% for Coca-Cola International. |

|         |                                                                                                                                         |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------|
| • | Global sparkling beverage volume grew 3%, led by brand Coca-Cola, up 3%, and global still beverage volume grew 6% in the first quarter. |

|         |                                                                                                                                                                                |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | First quarter reported net revenues declined 1%.  Excluding the impact of currency and structural changes, net revenues grew 2% despite two fewer selling days in the quarter. |

|         |                                                                                                                                                                                                                 |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | First quarter reported operating income declined 4% and comparable currency neutral operating income grew 5%, in line with our expectations and reflecting the impact of two fewer selling days in the quarter. |

|         |                                                                                                                                         |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------|
| • | First quarter reported EPS was $0.39, down 13%, and comparable EPS was $0.46, up 5%, including a currency headwind of approximately 4%. |

|         |                                                                                       |
|---------|---------------------------------------------------------------------------------------|
| • | The Company announces implementation of a new partnership model in the United States. |

----

----

----

|                      |
|----------------------|
|                      |  |  |  |  |  |
|                 | Three Months Ended March 29, 2013 |
|                 | % Favorable / (Unfavorable) |
|                 | Unit Case Volume | Net Revenues | Operating Income |   | Comparable Currency Neutral Operating Income |
|                 |   |   |   |   |   |
| Total Company        | 4 | (1) | (4) |   | 5 |
|                 |   |   |   |   |   |
| Eurasia & Africa | 15 | 9 | 6 |   | 13 |
| Europe               | — | (2) | (2) |   | (1) |
| Latin America        | 4 | 4 | 3 |   | 9 |
| North America        | 1 | (1) | (24) |   | (3) |
| Pacific              | 3 | (4) | — |   | 4 |
| Bottling Investments | (6) | (3) | 12 |   | 154 |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Our Eurasia and Africa Group's volume grew 15% in the quarter (up 11% excluding the benefit of acquired volume primarily from the Aujan partnership), cycling 7% volume growth in the prior year quarter.  All business units in the group grew volume, led by the Middle East and North Africa region, up 30% (up 17% excluding the benefit of acquired volume primarily from the Aujan partnership).  Reported net revenues for the quarter increased 9%, reflecting a 10% increase in concentrate sales and positive price/mix of 3%, partially offset by a 4% currency impact, leading to a comparable currency neutral net revenue increase of 13% in the quarter.  After adjusting for unit case sales without concentrate sales equivalents and the effect of two fewer selling days in the quarter, concentrate sales in the quarter were slightly ahead of unit case sales.  For the full year, we expect concentrate sales to be in line with unit case sales.  Reported operating income increased 6% in the quarter.  Comparable currency neutral operating income increased 13% in the quarter, driven by volume, pricing and product mix, partially offset by increased investments in the business.   |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | During the quarter, Eurasia and Africa continued to focus on driving executional capabilities in the marketplace, greater consumer choice in package and price options and integrated marketing campaigns such as "Crazy for Good" and "Coke with Meals".  Sparkling beverage volume grew 12% in the quarter, led by brand Coca-Cola, which also grew 12%.  Sprite volume grew 15% and Fanta volume grew 10% in the quarter.  Still beverage volume grew 26% in the quarter, including the benefit of acquired volume primarily from the Aujan partnership which added 15 points of growth.  Volume growth in Russia continued to be led |

----

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Our Europe Group's volume was even in the quarter, cycling 1% growth in the prior year quarter, and a sequential improvement from fourth quarter 2012.  The quarter was marked by poor weather, especially in March, as well as ongoing weakness in consumer confidence and spending across the region.  Reported net revenues declined 2% in the quarter, reflecting a 2% decline in concentrate sales, even price/mix and minimal impact from currency, leading to a comparable currency neutral net revenue decline of 2%.  After adjusting for the effect of two fewer selling days in the quarter, concentrate sales were in line with unit case sales.  For the full year, we expect concentrate sales to be in line with unit case sales.  Reported operating income declined 2% in the quarter.  Comparable currency neutral operating income declined 1% in the quarter, reflecting the impact of two fewer selling days in the quarter, partially offset by efficient expense management and the timing of operating expenses. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | During the quarter, the Europe Group grew volume and value share in total NARTD beverages as well as in sparkling beverages, juices and juice drinks and energy drinks despite continued weak consumer confidence and competitive pricing.  In addition, we gained share in ready-to-drink tea.  During the quarter, we launched the "Coming Together" and "Be OK" advertising campaigns in Great Britain with plans for further expansion across other European markets in the second quarter.  Great Britain returned to volume growth in the quarter, with volume and value share gains in NARTD beverages as well as in both sparkling and still beverages, led by volume growth in sparkling beverages and in Trademark Coca-Cola in particular.  Germany volume grew 3% in the quarter, cycling 3% growth in the prior year quarter.  Germany gained both volume and value share in NARTD beverages during the quarter, driven by strong integrated marketing campaigns such as the "Arctic Home" polar bear campaign, solid execution in the marketplace and customer distribution gains.  Volume in the Central and Southern Europe and Iberia regions declined low single digits in the quarter, with both cycling volume growth in the prior year quarter. |

----

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Our Latin America Group's volume grew 4% in the quarter, cycling 5% growth in the prior year quarter.  All business units in Latin America grew volume in the quarter, with 11% growth in the Latin Center region and 3% growth each in Mexico, Brazil and the South Latin region.  Reported net revenues for the quarter increased 4%, reflecting concentrate sales growth of 2% and positive price/mix of 8%, partially offset by a currency impact of 5% and a 1% impact related to structural changes, leading to a 9% increase in comparable currency neutral net revenues.  After adjusting for unit case sales without concentrate sales equivalents and the effect of two fewer selling days in the quarter, concentrate sales were in line with unit case sales.  For the full year, we expect concentrate sales to be in line with unit case sales.  Reported operating income increased 3% in the quarter, with comparable currency neutral operating income up 9%, primarily reflecting solid volume growth and favorable pricing across all business units in the group, partially offset by the impact of two fewer selling days in the quarter as well as continued investment in the business. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | During the quarter, the Latin America Group gained volume and value share in NARTD beverages as well as in both sparkling and still beverages.  This performance was driven by strong activation of brand and category advertising such as "Crazy for Good" and "140 Calories", launched in Brazil, Mexico and Colombia, as well as investments in cold-drink equipment and continued segmentation across multiple price points and package sizes.  Sparkling beverage volume was up 2% in the quarter, with a strong focus on growing our portfolio of flavored sparkling brands.  Brand Coca-Cola volume grew 2% in the quarter while both Fanta and Sprite were up 5%.  Still beverage volume grew 11% in the quarter, driven by ready-to-drink tea, up double digits as a result of the continued expansion of Fuze Tea, as well as 19% growth in sports drinks, 8% growth in packaged water and 6% growth in juices and juice drinks.  Both Mexico and Brazil grew volume and value share in the quarter in NARTD beverages, with a continued focus on both single-serve and returnable packaging. |

|         |                                                                                                                                                                                                                                                                                                                                                                    |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Our North America Group's volume grew 1% in the quarter, cycling 2% growth in the prior year quarter.  Reported and comparable currency neutral net revenues for the quarter declined 1%, reflecting positive price/mix of 2% offset by the "as reported" volume decline of 2%, which includes the impact of two fewer selling days in the quarter as well as a 1% |

----

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | During the quarter, North America gained volume and value share in NARTD beverages as we continue to build strong value-creating brands, improve customer service and enhance system capabilities.  In addition, we gained volume and value share in both sparkling and still beverages.  Sparkling beverage volume declined 1% in the quarter with solid sparkling beverage price/mix growth of 3%.  Brand Coca-Cola grew slightly in the quarter with double-digit volume growth in package options such as the 7.5 ounce mini-can and the 1.25 liter PET bottle as we expanded availability.  Coca-Cola Zero volume grew 3% in the quarter with strong activation around NCAA March Madness.  Still beverage volume grew 6% in the quarter, led by continued strong growth in our ready-to-drink tea portfolio of Gold Peak, Honest Tea and Fuze.  Our portfolio of juice and juice drink brands grew volume 3% in the quarter, with the Simply trademark up 9%, driven by the launch of Simply Orange with Banana, Simply Orange with Tangerine and Simply Lemonade with Blueberry as well as growth in single-serve packaging.  In packaged water, our share declined slightly as Dasani maintained a price premium over other major competitors, supported by our innovative PlantBottle PET packaging.  In sports drinks, Powerade maintained value share with a decline in volume share in the face of aggressive competitive pricing in the category. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Today, The Coca-Cola Company is announcing that it has taken a significant step toward its 2020 Vision by commencing implementation of a 21st century beverage partnership model in the United States.  Under the new model, The Coca-Cola Company and five U.S. bottlers have agreed in principle to take the next step in creating a stronger U.S. business model through the granting of new, expanded territories. The five bottlers are Coca-Cola Bottling Co. Consolidated, Coca-Cola Bottling Company United, Inc., Swire Coca-Cola USA, |

----

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Our Pacific Group's volume grew 3% in the quarter, cycling 9% growth in the prior year quarter.  Reported net revenues for the quarter declined 4%, reflecting concentrate sales growth of 4%, offset by a 4% decline in price/mix and a 4% currency impact, leading to comparable currency neutral net revenues that were even in the quarter.  Concentrate sales growth in the quarter was impacted by the later timing of the Chinese New Year in 2013.   The unfavorable price/mix in the quarter was primarily a result of geographic mix as well as shifts in product and package mix within individual markets.  For the full year, we expect concentrate sales to be in line with unit case sales.  Reported operating income was even in the quarter, reflecting the impact of two fewer selling days in the quarter, as well as geographic mix.  In addition, first quarter reported operating income reflects a 2% currency headwind.  Comparable currency neutral operating income increased 4% in the quarter. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | During the quarter, volume in both China and Japan grew 1%, cycling strong 9% and 3% growth in the prior year quarter, respectively, and representing a sequential improvement from fourth quarter 2012.  Volume growth in India was up high single digits, and South Korea and Thailand volume and share growth momentum continued in the quarter.  In India, we gained volume and value share in NARTD beverages as well as in sparkling and still beverages in the quarter.  India sparkling beverage volume growth in the quarter was led by brand Coca-Cola, up 30%, and driven by strong integrated marketing campaigns and continued expansion of packaging choices to consumers.  Japan volume growth in the quarter was led by sparkling beverages, up 4%, supported by music-themed integrated marketing campaigns such as "Share a Coke and a Song" for brand Coca-Cola, up 2%, and the "Zero Limit" campaign for Coca-Cola Zero, up 11%.  Our first quarter volume growth in China was impacted by the economic slowdown and poor weather.  Despite this, during the quarter sparkling beverage volume grew 8% and juices and juice drinks volume grew 14% supported by our new "Sunshine" integrated marketing campaign and the launches of new Minute Maid Pulpy products.  This growth was partially offset by a decline in packaged water volume as we cycled strong water growth from the prior year and focused on driving more |

----

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Our Bottling Investments Group's volume grew 2% in the quarter on an "as reported" basis after adjusting for the net impact of structural changes, primarily the sale of a majority interest in our Philippine bottling operations to Coca-Cola FEMSA, which was completed in January 2013, and the acquisitions of the Vietnam, Cambodia and Guatemala bottling operations in 2012.  Average daily sales volume, including the effect of these transactions, was down 6% in the quarter.  The growth in "as reported" volume was primarily driven by India, Germany and Brazil, with volume and value share gains in NARTD beverages across these markets.  Reported net revenues for the quarter declined 3%.  This reflects the 2% growth in "as reported" volume and positive price/mix of 2%, offset by a currency impact of 2% and a 5% net impact due to the structural changes mentioned above.  Comparable currency neutral net revenues declined 1% in the quarter, reflecting the impact of two fewer selling days in the quarter.  Reported operating income in the quarter grew 12%.  Comparable currency neutral operating income increased 154% in the quarter, reflecting an increase in revenues resulting from volume growth and positive pricing and mix in certain markets as well as a favorable impact from structural changes. |

----

----

----

|         |                                                                                                                                                              |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | All references to growth rate percentages, share and cycling of growth rates compare the results of the period to those of the prior year comparable period. |

|         |                                                                                                                                                                                                        |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | "Concentrate sales" represents the amount of concentrates, syrups, beverage bases and powders sold by, or used in finished beverages sold by, the Company to its bottling partners or other customers. |

|         |                                                                                                                                  |
|---------|----------------------------------------------------------------------------------------------------------------------------------|
| • | "Sparkling beverages" means NARTD beverages with carbonation, including energy drinks and carbonated waters and flavored waters. |

|         |                                                                                                                                                                                                                                 |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | "Still beverages" means nonalcoholic beverages without carbonation, including noncarbonated waters, flavored waters and enhanced waters, juices and juice drinks, teas, coffees, sports drinks and noncarbonated energy drinks. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | All references to volume and volume percentage changes indicate unit case volume, except for the reference to volume included in the explanation of net revenue growth for North America.  All volume percentage changes, unless otherwise noted, are computed based on average daily sales.  "Unit case" means a unit of measurement equal to 24 eight-ounce servings of finished beverage.  "Unit case volume" means the number of unit cases (or unit case equivalents) of Company beverages directly or indirectly sold by the Company and its bottling partners to customers. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | For both North America and Bottling Investments Group, net revenue growth attributable to volume reflects the increase in "as reported" volume, which is based on as reported sales rather than average daily sales and may include the impact of structural changes.  For North America, this volume represents Coca-Cola Refreshments' unit case sales (which are equivalent to concentrate sales) plus concentrate sales to non-Company-owned bottling operations. |

|         |                                                                                                                                                                                                                                                                                                                                  |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | First quarter 2013 financial results were impacted by two fewer selling days, and fourth quarter 2013 financial results will be impacted by one additional selling day.  Unit case volume results for the quarters are not impacted by the variance in selling days due to the average daily sales computation referenced above. |

|         |                                                                                                                                                                                                                                                                                     |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | In January 2012, the Company announced that Beverage Partners Worldwide (BPW), our joint venture with Nestlé in the ready-to-drink tea category, will focus its geographic scope primarily in Europe and Canada.  The joint venture was phased out in all other territories by |

----

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | As previously announced, effective January 1, 2013, the Company transferred our India and South West Asia business unit from the Eurasia and Africa operating segment to the Pacific operating segment.  The countries included in our India and South West Asia business unit include Bangladesh, Bhutan, India, the Maldives, Nepal and Sri Lanka.  This change in organizational structure did not impact the other geographic operating segments, Bottling Investments or Corporate.  The reclassified historical operating segment data reflecting the change in organizational structure was disclosed in a Form 8-K filed on March 21, 2013. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The Company reports its financial results in accordance with accounting principles generally accepted in the United States (GAAP). However, management believes that certain non-GAAP financial measures provide users with additional meaningful financial information that should be considered when assessing our ongoing performance.  Management also uses these non-GAAP financial measures in making financial, operating and planning decisions and in evaluating the Company's performance.  Non-GAAP financial measures should be viewed in addition to, and not as an alternative for, the Company's reported results prepared in accordance with GAAP. Our non-GAAP financial information does not represent a comprehensive basis of accounting. |

----

----

|                                                                 |
|-----------------------------------------------------------------|
|                                                                 |  |  |  |  |  |  |  |  |  |
| THE COCA-COLA COMPANY AND SUBSIDIARIES                          |
| Condensed Consolidated Statements of Income                     |
| (UNAUDITED)                                                     |
| (In millions except per share data)                             |
|                                                            |   |   |   |   |   |
|                                                            | Three Months Ended |
|                                                            | March 29, 2013 |  |   | March 30, 2012 |  |   | % Change |
| Net Operating Revenues                                          | $ | 11,035 |  |   | $ | 11,137 |  |   | (1) |
| Cost of goods sold                                              | 4,324 |  |   | 4,348 |  |   | (1) |
| Gross Profit                                                    | 6,711 |  |   | 6,789 |  |   | (1) |
| Selling, general and administrative expenses                    | 4,182 |  |   | 4,181 |  |   | — |
| Other operating charges                                         | 121 |  |   | 99 |  |   | 22 |
| Operating Income                                                | 2,408 |  |   | 2,509 |  |   | (4) |
| Interest income                                                 | 116 |  |   | 115 |  |   | 1 |
| Interest expense                                                | 102 |  |   | 88 |  |   | 16 |
| Equity income (loss) — net                                | 87 |  |   | 140 |  |   | (38) |
| Other income (loss) — net                                 | (165 | ) |   | 49 |  |   | N/A |
| Income Before Income Taxes                                      | 2,344 |  |   | 2,725 |  |   | (14) |
| Income taxes                                                    | 575 |  |   | 658 |  |   | (13) |
| Consolidated Net Income                                         | 1,769 |  |   | 2,067 |  |   | (14) |
| Less: Net income attributable to noncontrolling interests       | 18 |  |   | 13 |  |   | 38 |
| Net Income Attributable to Shareowners of The Coca-Cola Company | $ | 1,751 |  |   | $ | 2,054 |  |   | (15) |
| Diluted Net Income Per Share1                                   | $ | 0.39 |  |   | $ | 0.45 |  |   | (13) |
| Average Shares Outstanding — Diluted1                     | 4,530 |  |   | 4,601 |  |   |   |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                        |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 1  | For the three months ended March 29, 2013, and March 30, 2012, basic net income per share was $0.39 for 2013 and $0.45 for 2012 based on average shares outstanding — basic of 4,455 for 2013 and 4,525 for 2012. Basic net income per share and diluted net income per share are calculated based on net income attributable to shareowners of The Coca-Cola Company. |

----

|                                                                                                                                              |
|----------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                              |  |  |  |  |  |  |  |
| THE COCA-COLA COMPANY AND SUBSIDIARIES                                                                                                       |
| Condensed Consolidated Balance Sheets                                                                                                        |
| (UNAUDITED)                                                                                                                                  |
| (In millions except par value)                                                                                                               |
|                                                                                                                                         |   |   |   |
|                                                                                                                                         | March 29, 2013 |  |   | December 31, 2012 |  |
| ASSETS                                                                                                                                       |
| Current Assets                                                                                                                               |   |   |   |
| Cash and cash equivalents                                                                                                                    | $ | 9,162 |  |   | $ | 8,442 |  |
| Short-term investments                                                                                                                       | 6,176 |  |   | 5,017 |  |
| Total Cash, Cash Equivalents and Short-Term Investments                                                                                      | 15,338 |  |   | 13,459 |  |
| Marketable securities                                                                                                                        | 3,090 |  |   | 3,092 |  |
| Trade accounts receivable, less allowances of $58 and $53, respectively                                                                      | 5,007 |  |   | 4,759 |  |
| Inventories                                                                                                                                  | 3,607 |  |   | 3,264 |  |
| Prepaid expenses and other assets                                                                                                            | 3,294 |  |   | 2,781 |  |
| Assets held for sale                                                                                                                         | 1,183 |  |   | 2,973 |  |
| Total Current Assets                                                                                                                         | 31,519 |  |   | 30,328 |  |
| Equity Method Investments                                                                                                                    | 9,850 |  |   | 9,216 |  |
| Other Investments, Principally Bottling Companies                                                                                            | 1,227 |  |   | 1,232 |  |
| Other Assets                                                                                                                                 | 3,922 |  |   | 3,585 |  |
| Property, Plant and Equipment — Net                                                                                                    | 14,543 |  |   | 14,476 |  |
| Trademarks With Indefinite Lives                                                                                                             | 6,570 |  |   | 6,527 |  |
| Bottlers' Franchise Rights With Indefinite Lives                                                                                             | 7,414 |  |   | 7,405 |  |
| Goodwill                                                                                                                                     | 12,291 |  |   | 12,255 |  |
| Other Intangible Assets                                                                                                                      | 1,114 |  |   | 1,150 |  |
| Total Assets                                                                                                                                 | $ | 88,450 |  |   | $ | 86,174 |  |
|                                                                                                                                         |   |   |   |
| LIABILITIES AND EQUITY                                                                                                                       |
| Current Liabilities                                                                                                                          |   |   |   |
| Accounts payable and accrued expenses                                                                                                        | $ | 9,447 |  |   | $ | 8,680 |  |
| Loans and notes payable                                                                                                                      | 16,322 |  |   | 16,297 |  |
| Current maturities of long-term debt                                                                                                         | 4,505 |  |   | 1,577 |  |
| Accrued income taxes                                                                                                                         | 382 |  |   | 471 |  |
| Liabilities held for sale                                                                                                                    | 446 |  |   | 796 |  |
| Total Current Liabilities                                                                                                                    | 31,102 |  |   | 27,821 |  |
| Long-Term Debt                                                                                                                               | 14,291 |  |   | 14,736 |  |
| Other Liabilities                                                                                                                            | 4,949 |  |   | 5,468 |  |
| Deferred Income Taxes                                                                                                                        | 5,214 |  |   | 4,981 |  |
| The Coca-Cola Company Shareowners' Equity                                                                                                    |   |   |   |
| Common stock, $0.25 par value; Authorized — 11,200 shares;     Issued — 7,040 and 7,040 shares, respectively | 1,760 |  |   | 1,760 |  |
| Capital surplus                                                                                                                              | 11,664 |  |   | 11,379 |  |
| Reinvested earnings                                                                                                                          | 58,549 |  |   | 58,045 |  |
| Accumulated other comprehensive income (loss)                                                                                                | (3,211 | ) |   | (3,385 | ) |
| Treasury stock, at cost — 2,592 and 2,571 shares, respectively                                                                    | (36,282 | ) |   | (35,009 | ) |
| Equity Attributable to Shareowners of The Coca-Cola Company                                                                                  | 32,480 |  |   | 32,790 |  |
| Equity Attributable to Noncontrolling Interests                                                                                              | 414 |  |   | 378 |  |
| Total Equity                                                                                                                                 | 32,894 |  |   | 33,168 |  |
| Total Liabilities and Equity                                                                                                                 | $ | 88,450 |  |   | $ | 86,174 |  |

----

|                                                                                                                |
|----------------------------------------------------------------------------------------------------------------|
|                                                                                                                |  |  |  |  |  |  |  |
| THE COCA-COLA COMPANY AND SUBSIDIARIES                                                                         |
| Condensed Consolidated Statements of Cash Flows                                                                |
| (UNAUDITED)                                                                                                    |
| (In millions)                                                                                                  |
|                                                                                                           |   |   |   |
|                                                                                                           | Three Months Ended |
|                                                                                                           | March 29, 2013 |  |   | March 30, 2012 |  |
| Operating Activities                                                                                           |   |   |   |
| Consolidated net income                                                                                        | $ | 1,769 |  |   | $ | 2,067 |  |
| Depreciation and amortization                                                                                  | 473 |  |   | 447 |  |
| Stock-based compensation expense                                                                               | 47 |  |   | 77 |  |
| Deferred income taxes                                                                                          | 157 |  |   | (103 | ) |
| Equity (income) loss — net of dividends                                                                  | (77 | ) |   | (133 | ) |
| Foreign currency adjustments                                                                                   | 184 |  |   | (66 | ) |
| Significant (gains) losses on sales of assets — net                                                      | (1 | ) |   | (14 | ) |
| Other operating charges                                                                                        | 74 |  |   | 63 |  |
| Other items                                                                                                    | 36 |  |   | 1 |  |
| Net change in operating assets and liabilities                                                                 | (2,184 | ) |   | (1,846 | ) |
|    Net cash provided by operating activities                                                    | 478 |  |   | 493 |  |
| Investing Activities                                                                                           |   |   |   |
| Purchases of investments                                                                                       | (3,506 | ) |   | (4,664 | ) |
| Proceeds from disposals of investments                                                                         | 2,225 |  |   | 556 |  |
| Acquisitions of businesses, equity method investments and nonmarketable securities                             | (28 | ) |   | (120 | ) |
| Proceeds from disposals of businesses, equity method investments and   nonmarketable securities | 690 |  |   | 11 |  |
| Purchases of property, plant and equipment                                                                     | (498 | ) |   | (592 | ) |
| Proceeds from disposals of property, plant and equipment                                                       | 35 |  |   | 27 |  |
| Other investing activities                                                                                     | (136 | ) |   | (101 | ) |
|    Net cash provided by (used in) investing activities                                          | (1,218 | ) |   | (4,883 | ) |
| Financing Activities                                                                                           |   |   |   |
| Issuances of debt                                                                                              | 12,585 |  |   | 11,358 |  |
| Payments of debt                                                                                               | (10,065 | ) |   | (8,835 | ) |
| Issuances of stock                                                                                             | 417 |  |   | 436 |  |
| Purchases of stock for treasury                                                                                | (1,523 | ) |   | (1,079 | ) |
| Dividends                                                                                                      | — |  |   | — |  |
| Other financing activities                                                                                     | 21 |  |   | 42 |  |
|    Net cash provided by (used in) financing activities                                          | 1,435 |  |   | 1,922 |  |
| Effect of Exchange Rate Changes on Cash and Cash Equivalents                                                   | 25 |  |   | 329 |  |
| Cash and Cash Equivalents                                                                                      |   |   |   |
| Net increase (decrease) during the period                                                                      | 720 |  |   | (2,139 | ) |
| Balance at beginning of period                                                                                 | 8,442 |  |   | 12,803 |  |
|    Balance at end of period                                                                     | $ | 9,162 |  |   | $ | 10,664 |  |

----

|                                        |
|----------------------------------------|
|                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| THE COCA-COLA COMPANY AND SUBSIDIARIES |
| Operating Segments                     |
| (UNAUDITED)                            |
| (In millions)                          |
|                                   |
| Three Months Ended                     |
|                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                   | Net Operating Revenues | Operating Income (Loss) | Income (Loss) Before Income Taxes |
| March 29, 2013                    | March 30, 2012 | % Fav. / (Unfav.) | March 29, 2013 | March 30, 2012 | % Fav. / (Unfav.) | March 29, 2013 | March 30, 2012 | % Fav. / (Unfav.) |
| Eurasia & Africa                   | $ | 669 |  |   | $ | 615 |  |   | 9 |  |   | $ | 282 |  |   | $ | 266 |  |   | 6 |  |   | $ | 289 |  |   | $ | 266 |  |   | 9 |  |   |
| Europe                                 | 1,177 |  |   | 1,204 |  |   | (2 | ) |   | 683 |  |   | 695 |  |   | (2 | ) |   | 694 |  |   | 708 |  |   | (2 | ) |   |
| Latin America                          | 1,228 |  |   | 1,186 |  |   | 4 |  |   | 763 |  |   | 744 |  |   | 3 |  |   | 764 |  |   | 743 |  |   | 3 |  |   |
| North America                          | 4,887 |  |   | 4,921 |  |   | (1 | ) |   | 341 |  |   | 451 |  |   | (24 | ) |   | 342 |  |   | 467 |  |   | (27 | ) |   |
| Pacific                                | 1,390 |  |   | 1,448 |  |   | (4 | ) |   | 602 |  |   | 602 |  |   | — |  |   | 604 |  |   | 601 |  |   | — |  |   |
| Bottling Investments                   | 2,038 |  |   | 2,103 |  |   | (3 | ) |   | 39 |  |   | 35 |  |   | 12 |  |   | 109 |  |   | 169 |  |   | (36 | ) |   |
| Corporate                              | 44 |  |   | 30 |  |   | 45 |  |   | (302 | ) |   | (284 | ) |   | (6 | ) |   | (458 | ) |   | (229 | ) |   | (100 | ) |   |
| Eliminations                           | (398 | ) |   | (370 | ) |   | (8 | ) |   | — |  |   | — |  |   | N/A |  |   | — |  |   | — |  |   | N/A |  |   |
| Consolidated                           | $ | 11,035 |  |   | $ | 11,137 |  |   | (1 | ) |   | $ | 2,408 |  |   | $ | 2,509 |  |   | (4 | ) |   | $ | 2,344 |  |   | $ | 2,725 |  |   | (14 | ) |   |

|       |                                                                                     |
|-------|-------------------------------------------------------------------------------------|
| Note: | Certain growth rates may not recalculate using the rounded dollar amounts provided. |

|         |                                                                                                                                                                                     |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Intersegment revenues were $157 million for Europe, $71 million for Latin America, $4 million for North America, $146 million for Pacific and $20 million for Bottling Investments. |

|         |                                                                                                                                                                                                                                                                                                                                                                      |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Operating income (loss) and income (loss) before income taxes were reduced by $2 million for Eurasia and Africa, $82 million for North America, $8 million for Pacific, $21 million for Bottling Investments and $10 million for Corporate due to charges related to the Company's productivity and reinvestment program as well as other restructuring initiatives. |

|         |                                                                                                                                                                                                                                                             |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Operating income (loss) and income (loss) before income taxes were increased by $3 million for North America due to the refinement of previously established accruals related to the loss or damage of certain fixed assets as a result of Hurricane Sandy. |

|         |                                                                                                                                                                                                  |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Operating income (loss) and income (loss) before income taxes were reduced by $1 million for Corporate due to transaction costs associated with the pending merger of certain bottling partners. |

|         |                                                                                                                                                                                                                                                                                                |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Income (loss) before income taxes was reduced by $9 million for Bottling Investments and $140 million for Corporate due to the devaluation of the Venezuelan bolivar, including our proportionate share of the charge incurred by an equity method investee which has operations in Venezuela. |

|         |                                                                                                                                                                                                                         |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Income (loss) before income taxes was reduced by $30 million for Bottling Investments due to the Company’s proportionate share of unusual or infrequent items recorded by certain of our equity method investees. |

|         |                                                                                                                                                                                                                                                                         |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Income (loss) before income taxes was increased by $1 million for Corporate due to an adjustment to the Company's loss on the sale of a controlling ownership interest in our previously consolidated Philippine bottling operations to Coca-Cola FEMSA, S.A.B. de C.V. |

|         |                                                                                                                                                                                     |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Intersegment revenues were $150 million for Europe, $59 million for Latin America, $4 million for North America, $138 million for Pacific and $19 million for Bottling Investments. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Operating income (loss) and income (loss) before income taxes were reduced by $61 million for North America, $15 million for Bottling Investments and $3 million for Corporate due to charges related to the Company's productivity and reinvestment program as well as other restructuring initiatives. Operating income (loss) and income (loss) before income taxes were increased by $1 million for Europe due to the reversal of an accrual related to the Company's 2008–2011 productivity initiatives. |

|         |                                                                                                                                                                                                                                                                                         |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Operating income (loss) and income (loss) before income taxes were reduced by $20 million for North America due to changes in the Company's ready-to-drink tea strategy as a result of our U.S. license agreement with Nestlé S.A. ("Nestlé") terminating at the end of 2012. |

|         |                                                                                                                                                                                                                                                                                                                                     |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Operating income (loss) and income (loss) before income taxes were reduced by $6 million for North America due to costs associated with the Company detecting residues of carbendazim, a fungicide that is not registered in the U.S. for use on citrus products, in orange juice imported from Brazil for distribution in the U.S. |

|         |                                                                                                                                                                                                                                |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Income (loss) before income taxes was reduced by $3 million for Corporate due to changes in the structure of Beverage Partners Worldwide ("BPW"), our 50/50 joint venture with Nestlé in the ready-to-drink tea category. |

|         |                                                                                                                                                                                                                                 |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Income (loss) before income taxes was increased by a net $44 million for Bottling Investments due to the Company’s proportionate share of unusual or infrequent items recorded by certain of our equity method investees. |

----

|                                                        |
|--------------------------------------------------------|
|                                                        |
| THE COCA-COLA COMPANY AND SUBSIDIARIES                 |
| Reconciliation of GAAP and Non-GAAP Financial Measures |
| (UNAUDITED)                                            |

----

|                                                        |
|--------------------------------------------------------|
|                                                        |
| THE COCA-COLA COMPANY AND SUBSIDIARIES                 |
| Reconciliation of GAAP and Non-GAAP Financial Measures |
| (UNAUDITED)                                            |

----

|                                                        |
|--------------------------------------------------------|
|                                                        |
| THE COCA-COLA COMPANY AND SUBSIDIARIES                 |
| Reconciliation of GAAP and Non-GAAP Financial Measures |
| (UNAUDITED)                                            |

----

|                                                                      |
|----------------------------------------------------------------------|
|                                                                      |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| THE COCA-COLA COMPANY AND SUBSIDIARIES                               |
| Reconciliation of GAAP and Non-GAAP Financial Measures               |
| (UNAUDITED)                                                          |
| (In millions except per share data)                                  |
|                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                 | Three Months Ended March 29, 2013 |
|                                                                 |   | Net operating revenues |   | Cost of goods sold |   | Gross profit |   | Gross margin |   | Selling, general and administrative expenses |   | Other operating charges |   | Operating income |   | Operating margin |
| Reported (GAAP)                                                      |   | $ | 11,035 |  |   | $ | 4,324 |  |   | $ | 6,711 |  |   | 60.8 | % |   |   | $ | 4,182 |  |   | $ | 121 |  |   | $ | 2,408 |  |   | 21.8 | % |   |
| Items Impacting Comparability:                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Asset Impairments/Restructuring                                      |   | — |  |   | — |  |   | — |  |   |   |   |   | — |  |   | (21 | ) |   | 21 |  |   |   |   |
| Productivity & Reinvestment                                      |   | — |  |   | — |  |   | — |  |   |   |   |   | — |  |   | (102 | ) |   | 102 |  |   |   |   |
| Productivity Initiatives                                             |   | — |  |   | — |  |   | — |  |   |   |   |   | — |  |   | — |  |   | — |  |   |   |   |
| Equity Investees                                                     |   | — |  |   | — |  |   | — |  |   |   |   |   | — |  |   | — |  |   | — |  |   |   |   |
| Transaction Gains                                                    |   | — |  |   | — |  |   | — |  |   |   |   |   | — |  |   | (1 | ) |   | 1 |  |   |   |   |
| Certain Tax Matters                                                  |   | — |  |   | — |  |   | — |  |   |   |   |   | — |  |   | — |  |   | — |  |   |   |   |
| Other Items                                                          |   | 4 |  |   | (75 | ) |   | 79 |  |   |   |   |   | (3 | ) |   | 3 |  |   | 79 |  |   |   |   |
| After Considering Items (Non-GAAP)                                   |   | $ | 11,039 |  |   | $ | 4,249 |  |   | $ | 6,790 |  |   | 61.5 | % |   |   | $ | 4,179 |  |   | $ | — |  |   | $ | 2,611 |  |   | 23.7 | % |   |
|                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                 | Three Months Ended March 30, 2012 |
|                                                                 |   | Net operating revenues |   | Cost of goods sold |   | Gross profit |   | Gross margin |   | Selling, general and administrative expenses |   | Other operating charges |   | Operating income |   | Operating margin |
| Reported (GAAP)                                                      |   | $ | 11,137 |  |   | $ | 4,348 |  |   | $ | 6,789 |  |   | 61.0 | % |   |   | $ | 4,181 |  |   | $ | 99 |  |   | $ | 2,509 |  |   | 22.5 | % |   |
| Items Impacting Comparability:                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Asset Impairments/Restructuring                                      |   | — |  |   | — |  |   | — |  |   |   |   |   | — |  |   | (15 | ) |   | 15 |  |   |   |   |
| Productivity & Reinvestment                                      |   | — |  |   | — |  |   | — |  |   |   |   |   | — |  |   | (64 | ) |   | 64 |  |   |   |   |
| Productivity Initiatives                                             |   | — |  |   | — |  |   | — |  |   |   |   |   | — |  |   | 1 |  |   | (1 | ) |   |   |   |
| Equity Investees                                                     |   | — |  |   | — |  |   | — |  |   |   |   |   | — |  |   | — |  |   | — |  |   |   |   |
| Transaction Gains                                                    |   | — |  |   | — |  |   | — |  |   |   |   |   | — |  |   | — |  |   | — |  |   |   |   |
| Certain Tax Matters                                                  |   | — |  |   | — |  |   | — |  |   |   |   |   | — |  |   | — |  |   | — |  |   |   |   |
| Other Items                                                          |   | 2 |  |   | 30 |  |   | (28 | ) |   |   |   |   | 16 |  |   | (21 | ) |   | (23 | ) |   |   |   |
| After Considering Items (Non-GAAP)                                   |   | $ | 11,139 |  |   | $ | 4,378 |  |   | $ | 6,761 |  |   | 60.7 | % |   |   | $ | 4,197 |  |   | $ | — |  |   | $ | 2,564 |  |   | 23.0 | % |   |
|                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Currency Neutral:                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                 |   | Net operating revenues |   | Cost of goods sold |   | Gross profit |   |   |   |   | Selling, general and administrative expenses |   | Other operating charges |   | Operating income |   |   |   |
| % Change — Reported (GAAP)                                     |   | (1) |   | (1) |   | (1) |   |   |   |   | — |   | 22 |   | (4) |   |   |   |
| % Currency Impact                                                    |   | (2) |   | (1) |   | (2) |   |   |   |   | (1) |   | N/A |   | (3) |   |   |   |
| % Change — Currency Neutral Reported                           |   | 1 |   | 1 |   | 1 |   |   |   |   | 1 |   | N/A |   | (1) |   |   |   |
|                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| % Change — After Considering Items(Non-GAAP)                   |   | (1) |   | (3) |   | — |   |   |   |   | — |   | N/A |   | 2 |   |   |   |
| % Currency Impact After Considering Items (Non-GAAP)                 |   | (2) |   | (1) |   | (2) |   |   |   |   | (1) |   | N/A |   | (3) |   |   |   |
| % Change — Currency Neutral After Considering Items (Non-GAAP) |   | 1 |   | (1) |   | 2 |   |   |   |   | — |   | N/A |   | 5 |   |   |   |

|       |                                                                                                                                  |
|-------|----------------------------------------------------------------------------------------------------------------------------------|
| Note: | Certain columns may not add due to rounding. Certain growth rates may not recalculate using the rounded dollar amounts provided. |

----

|                                                        |
|--------------------------------------------------------|
|                                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| THE COCA-COLA COMPANY AND SUBSIDIARIES                 |
| Reconciliation of GAAP and Non-GAAP Financial Measures |
| (UNAUDITED)                                            |
| (In millions except per share data)                    |
|                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                   | Three Months Ended March 29, 2013 |
|                                                   |   | Equity income (loss) — net |   | Other income (loss) — net |   | Income before income taxes |   | Incometaxes |   | Effectivetax rate |   | Net income attributable to noncontrolling interests |   | Net income attributable to shareowners of The Coca-Cola Company |   | Diluted net incomeper share1 |
| Reported (GAAP)                                        |   | $ | 87 |  |   | $ | (165 | ) |   | $ | 2,344 |  |   | $ | 575 |  |   | 24.6 | % |   |   | $ | 18 |  |   | $ | 1,751 |  |   | 0.39 |  |   |
| Items Impacting Comparability:                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Asset Impairments/Restructuring                        |   | — |  |   | — |  |   | 21 |  |   | — |  |   |   |   |   | — |  |   | 21 |  |   | — |  |   |
| Productivity & Reinvestment                        |   | — |  |   | — |  |   | 102 |  |   | 40 |  |   |   |   |   | — |  |   | 62 |  |   | 0.01 |  |   |
| Productivity Initiatives                               |   | — |  |   | — |  |   | — |  |   | — |  |   |   |   |   | — |  |   | — |  |   | — |  |   |
| Equity Investees                                       |   | 30 |  |   | — |  |   | 30 |  |   | 3 |  |   |   |   |   | — |  |   | 27 |  |   | 0.01 |  |   |
| Transaction Gains                                      |   | — |  |   | (1 | ) |   | — |  |   | (4 | ) |   |   |   |   | — |  |   | 4 |  |   | — |  |   |
| Certain Tax Matters                                    |   | — |  |   | — |  |   | — |  |   | (1 | ) |   |   |   |   | — |  |   | 1 |  |   | — |  |   |
| Other Items                                            |   | 9 |  |   | 140 |  |   | 228 |  |   | 28 |  |   |   |   |   | — |  |   | 200 |  |   | 0.04 |  |   |
| After Considering Items (Non-GAAP)                     |   | $ | 126 |  |   | $ | (26 | ) |   | $ | 2,725 |  |   | $ | 641 |  |   | 23.5 | % |   |   | $ | 18 |  |   | $ | 2,066 |  |   | 0.46 |  |   |
|                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                   | Three Months Ended March 30, 2012 |
|                                                   |   | Equity income (loss) — net |   | Other income (loss) — net |   | Income before income taxes |   | Incometaxes |   | Effectivetax rate |   | Net income attributable to noncontrolling interests |   | Net income attributable to shareowners of The Coca-Cola Company |   | Diluted net incomeper share2 |
| Reported (GAAP)                                        |   | $ | 140 |  |   | $ | 49 |  |   | $ | 2,725 |  |   | $ | 658 |  |   | 24.1 | % |   |   | $ | 13 |  |   | $ | 2,054 |  |   | 0.45 |  |   |
| Items Impacting Comparability:                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Asset Impairments/Restructuring                        |   | — |  |   | — |  |   | 15 |  |   | — |  |   |   |   |   | — |  |   | 15 |  |   | — |  |   |
| Productivity & Reinvestment                        |   | — |  |   | — |  |   | 64 |  |   | 24 |  |   |   |   |   | — |  |   | 40 |  |   | 0.01 |  |   |
| Productivity Initiatives                               |   | — |  |   | — |  |   | (1 | ) |   | — |  |   |   |   |   | — |  |   | (1 | ) |   | — |  |   |
| Equity Investees                                       |   | (44 | ) |   | — |  |   | (44 | ) |   | (4 | ) |   |   |   |   | — |  |   | (40 | ) |   | (0.01 | ) |   |
| Transaction Gains                                      |   | — |  |   | — |  |   | — |  |   | — |  |   |   |   |   | — |  |   | — |  |   | — |  |   |
| Certain Tax Matters                                    |   | — |  |   | — |  |   | — |  |   | 8 |  |   |   |   |   | — |  |   | (8 | ) |   | — |  |   |
| Other Items                                            |   | 3 |  |   | — |  |   | (20 | ) |   | (7 | ) |   |   |   |   | (1 | ) |   | (12 | ) |   | — |  |   |
| After Considering Items (Non-GAAP)                     |   | $ | 99 |  |   | $ | 49 |  |   | $ | 2,739 |  |   | $ | 679 |  |   | 24.8 | % |   |   | $ | 12 |  |   | $ | 2,048 |  |   | 0.44 |  |   |
|                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                   |   | Equity income (loss) — net |   | Other income (loss) — net |   | Income before income taxes |   | Incometaxes |   |   |   |   | Net income attributable to noncontrolling interests |   | Net income attributable to shareowners of The Coca-Cola Company |   | Diluted net incomeper share |
| % Change — Reported (GAAP)                       |   | (38) |   | N/A |   | (14) |   | (13) |   |   |   |   | 38 |   | (15) |   | (13) |   |
| % Change — After Considering Items(Non-GAAP)     |   | 27 |   | N/A |   | (1) |   | (6) |   |   |   |   | 50 |   | 1 |   | 5 |   |

|       |                                                                                                                                  |
|-------|----------------------------------------------------------------------------------------------------------------------------------|
| Note: | Certain columns may not add due to rounding. Certain growth rates may not recalculate using the rounded dollar amounts provided. |

|         |                                                              |
|---------|--------------------------------------------------------------|
| 1  | 4,530 million average shares outstanding — diluted |

|         |                                                              |
|---------|--------------------------------------------------------------|
| 2  | 4,601 million average shares outstanding — diluted |

----

|                                                                      |
|----------------------------------------------------------------------|
|                                                                      |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| THE COCA-COLA COMPANY AND SUBSIDIARIES                               |
| Reconciliation of GAAP and Non-GAAP Financial Measures               |
| (UNAUDITED)                                                          |
| (In millions)                                                        |
|                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating Income (Loss) by Segment:                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                 | Three Months Ended March 29, 2013 |
|                                                                 |   | Eurasia & Africa |   | Europe |   | Latin America |   | North America |   | Pacific |   | Bottling Investments |   | Corporate |   | Consolidated |   |
| Reported (GAAP)                                                      |   | $ | 282 |  |   | $ | 683 |  |   | $ | 763 |  |   | $ | 341 |  |   | $ | 602 |  |   | $ | 39 |  |   | $ | (302 | ) |   | $ | 2,408 |  |   |
| Items Impacting Comparability:                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Asset Impairments/Restructuring                                      |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | 21 |  |   | — |  |   | 21 |  |   |
| Productivity & Reinvestment                                      |   | 2 |  |   | — |  |   | — |  |   | 82 |  |   | 8 |  |   | — |  |   | 10 |  |   | 102 |  |   |
| Productivity Initiatives                                             |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   |
| Transaction Gains                                                    |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | 1 |  |   | 1 |  |   |
| Other Items                                                          |   | — |  |   | — |  |   | — |  |   | 68 |  |   | — |  |   | 8 |  |   | 3 |  |   | 79 |  |   |
| After Considering Items (Non-GAAP)                                   |   | $ | 284 |  |   | $ | 683 |  |   | $ | 763 |  |   | $ | 491 |  |   | $ | 610 |  |   | $ | 68 |  |   | $ | (288 | ) |   | $ | 2,611 |  |   |
|                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                 | Three Months Ended March 30, 2012 |
|                                                                 |   | Eurasia & Africa |   | Europe |   | Latin America |   | North America |   | Pacific |   | Bottling Investments |   | Corporate |   | Consolidated |   |
| Reported (GAAP)                                                      |   | $ | 266 |  |   | $ | 695 |  |   | $ | 744 |  |   | $ | 451 |  |   | $ | 602 |  |   | $ | 35 |  |   | $ | (284 | ) |   | $ | 2,509 |  |   |
| Items Impacting Comparability:                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Asset Impairments/Restructuring                                      |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | 15 |  |   | — |  |   | 15 |  |   |
| Productivity & Reinvestment                                      |   | — |  |   | — |  |   | — |  |   | 61 |  |   | — |  |   | — |  |   | 3 |  |   | 64 |  |   |
| Productivity Initiatives                                             |   | — |  |   | (1 | ) |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | (1 | ) |   |
| Transaction Gains                                                    |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   |
| Other Items                                                          |   | — |  |   | — |  |   | — |  |   | (5 | ) |   | — |  |   | (20 | ) |   | 2 |  |   | (23 | ) |   |
| After Considering Items (Non-GAAP)                                   |   | $ | 266 |  |   | $ | 694 |  |   | $ | 744 |  |   | $ | 507 |  |   | $ | 602 |  |   | $ | 30 |  |   | $ | (279 | ) |   | $ | 2,564 |  |   |
|                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Currency Neutral Operating Income (Loss) by Segment:                 |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                 |   | Eurasia & Africa |   | Europe |   | Latin America |   | North America |   | Pacific |   | Bottling Investments |   | Corporate |   | Consolidated |   |
| % Change — Reported (GAAP)                                     |   | 6 |   | (2) |   | 3 |   | (24) |   | — |   | 12 |   | (6) |   | (4) |   |
| % Currency Impact                                                    |   | (6) |   | (1) |   | (6) |   | — |   | (2) |   | (22) |   | 4 |   | (3) |   |
| % Change — Currency Neutral Reported                           |   | 12 |   | (1) |   | 9 |   | (24) |   | 2 |   | 34 |   | (10) |   | (1) |   |
|                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| % Change — After Considering Items(Non-GAAP)                   |   | 7 |   | (2) |   | 3 |   | (3) |   | 1 |   | 128 |   | (3) |   | 2 |   |
| % Currency Impact After Considering Items (Non-GAAP)                 |   | (6) |   | (1) |   | (6) |   | — |   | (2) |   | (26) |   | 5 |   | (3) |   |
| % Change — Currency Neutral After Considering Items (Non-GAAP) |   | 13 |   | (1) |   | 9 |   | (3) |   | 4 |   | 154 |   | (7) |   | 5 |   |

|       |                                                                                                                                   |
|-------|-----------------------------------------------------------------------------------------------------------------------------------|
| Note: | Certain columns may not add due to rounding.  Certain growth rates may not recalculate using the rounded dollar amounts provided. |

----

|                                                        |
|--------------------------------------------------------|
|                                                        |  |  |  |  |  |  |  |  |  |  |
| THE COCA-COLA COMPANY AND SUBSIDIARIES                 |
| Reconciliation of GAAP and Non-GAAP Financial Measures |
| (UNAUDITED)                                            |
| (In millions)                                          |
|                                                   |   |   |   |   |   |   |
| Purchases and Issuances of Stock:                      |   |   |   |   |   |   |
|                                                   |   |   |   |   |   |   |
|                                                   |   | Three Months Ended March 29, 2013 |   |   | Three Months Ended March 30, 2012 |   |
| Reported (GAAP)                                        |   |   |   |   |   |   |
| Issuances of Stock                                     |   | $ | 417 |  |   |   | $ | 436 |  |   |
| Purchases of Stock for Treasury                        |   | (1,523 | ) |   |   | (1,079 | ) |   |
| Net Change in Stock Issuance Receivables1              |   | 16 |  |   |   | 122 |  |   |
| Net Change in Treasury Stock Payables2                 |   | 11 |  |   |   | (324 | ) |   |
| Net Treasury Share Repurchases (Non-GAAP)              |   | $ | (1,079 | ) |   |   | $ | (845 | ) |   |

|         |                                                                                                                                       |
|---------|---------------------------------------------------------------------------------------------------------------------------------------|
| 1  | Represents the net change in receivables related to employee stock options exercised but not settled prior to the end of the quarter. |

|         |                                                                                                                        |
|---------|------------------------------------------------------------------------------------------------------------------------|
| 2  | Represents the net change in payables for treasury shares repurchased but not settled prior to the end of the quarter. |

|                                                                                                       |
|-------------------------------------------------------------------------------------------------------|
|                                                                                                       |  |  |  |
| Currency Neutral and Structural Net Operating Revenues:                                               |   |   |   |
|                                                                                                  |   |   |   |
|                                                                                                  |   | Three Months Ended March 29, 2013 |   |
|                                                                                                  |   | Net OperatingRevenues |   |
| % Change — Reported (GAAP)                                                                      |   | (1) |   |
| % Currency Impact                                                                                     |   | (2) |   |
| % Change — Currency Neutral Reported                                                            |   | 1 |   |
| % Structural Impact                                                                                   |   | (1) |   |
| % Change — Currency Neutral Reported and Adjusted for Structural Items                          |   | 2 |   |
|                                                                                                  |   |   |   |
| % Change — After Considering Items (Non-GAAP)                                                   |   | (1) |   |
| % Currency Impact After Considering Items (Non-GAAP)                                                  |   | (2) |   |
| % Change — Currency Neutral After Considering Items (Non-GAAP)                                  |   | 1 |   |
| % Structural Impact After Considering Items (Non-GAAP)                                                |   | (1) |   |
| % Change — Currency Neutral After Considering Items and Adjusted forStructural Items (Non-GAAP) |   | 2 |   |

----