|Exhibit 2.6
|-----------



|Execution Copy
|--------------



|Second Supplemental Indenture
|-----------------------------



|Dated as of November 19, 2003
|-----------------------------

|
|



|CORPORACIÓN INTERAMERICANA
DE  BEBIDAS, S.A. de C.V.
|----------------------------------------------------



|AS ISSUER
|---------



|AND
|---



|COCA-COLA FEMSA, S.A. de C.V. AS GUARANTOR
|------------------------------------------



|AND
|---



|JPMORGAN CHASE BANK AS TRUSTEE
|------------------------------

|
|



|$300,000,000
|------------



|71⁄4% SENIOR NOTES DUE 2009
|-------------------------



| |  | 
| |  | 



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|THIS SECOND
SUPPLEMENTAL INDENTURE, dated as of November 19, 2003, is among CORPORACIÓN
INTERAMERICANA DE BEBIDAS, S.A. de C.V., a Mexican corporation (formerly Panamerican
Beverages, Inc.) (the Company), COCA-COLA FEMSA, S.A. de C.V., a Mexican
Corporation (the Parent Guarantor), and JPMORGAN CHASE BANK, a New York
banking corporation, as trustee (the Trustee).
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|RECITALS OF THE COMPANY AND THE
PARENT GUARANTOR
|------------------------------------------------



|WHEREAS, the
Company has issued an aggregate principal amount of $300,000,000 of its 71⁄4% Senior
Notes  due 2009 (the Notes) pursuant to an indenture dated as of July 11,
1997, between the Company and the Trustee,  as supplemented by the First Supplemental
Indenture (the First Supplemental Indenture), dated as of October 15,  2003
among the Company, the Trustee and the Parent Guarantor (as supplemented, the Indenture);
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|WHEREAS, pursuant
to Section 9.02 of the Indenture, the Company and the Trustee may, with the written
consent of the Holders of at least a majority in aggregate principal amount of
outstanding Notes, enter into a  supplemental indenture to amend or supplement the
Indenture;
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|WHEREAS, as of the
date hereof, an aggregate principal amount of $290,000,000 remains outstanding;
|--------------------------------------------------------------------------------------------------



|WHEREAS, as of
November 18, 2003, the Holders of at least a majority in aggregate principal amount of
outstanding Notes gave their written consent to the Proposed Amendment to the Indenture
set forth in the  Companys Consent Solicitation Statement dated as of October 31,
2003, and
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|WHEREAS, all
things necessary for the execution of this Second Supplemental Indenture and to make this
Second Supplemental Indenture a valid and binding agreement of the Company and the Parent
Guarantor have been  done.
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|NOW, THEREFORE,
for and in consideration of the premises and the mutual covenants and agreements
hereinafter set forth, the parties hereto agree, for the equal and proportionate benefit
of all Holders of the  Notes, as follows:
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|ARTICLE 1
|---------



|RATIFICATION
|------------



|SECTION
      1.01.Second Supplemental Indenture. This Second Supplemental Indenture
      is supplemental to, and is entered into in accordance with Section 9.02
      of, the Indenture, and except as modified, amended and supplemented by this
      Second Supplemental Indenture, the provisions of the Indenture are in all
      respects ratified and confirmed and shall remain in full force and effect.
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|SECTION
      1.02.Definitions. Unless the context shall otherwise require, all
      terms which are defined in Sections 1.01 and 1.02 of the Indenture and in
      Section 1.02 of the First Supplemental Indenture shall have the same meanings,
      respectively, in this Second Supplemental Indenture as set forth therein.
      In addition, for purposes of this Second Supplemental Indenture the following
      terms shall have the respective meanings assigned them below:
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|Company shall
have the meaning set forth in the preamble.
|-----------------------------------------------------------



|First
Supplemental Indenture shall have the meaning set forth in the recitals.
|--------------------------------------------------------------------------------



| | 1 | 
| | - | 



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|Indenture shall
have the meaning set forth in the recitals.
|-------------------------------------------------------------



|Notes shall
have the meaning set forth in the recitals.
|---------------------------------------------------------



|Parent
Guarantor shall have the meaning set forth in the preamble.
|--------------------------------------------------------------------



|Trustee shall
have the meaning set forth in the preamble.
|-----------------------------------------------------------



|ARTICLE 2
|---------



|COVENANT
|--------



|SECTION
      2.01.Reports. Section 4.02 of the Indenture is hereby replaced in
      its entirety with the following:
|----------------------------------------------------------------------------------------------------------------------



|SECTION
      4.02.Reports. The Parent Guarantor shall:
|--------------------------------------------------------



|(a)  file with the
Trustee, within 15 days after the Parent Guarantor files or furnishes the same  with or
to the SEC, copies of the annual reports and of the information, documents and other
reports (or copies  of such portions of any of the foregoing as the SEC may from time to
time by rules and regulations prescribe),  which the Parent Guarantor is required to file
with or furnish to the SEC pursuant to Section 13 or Section 15(d)  of the Exchange Act;
or, if the Parent Guarantor is not required to file or furnish information, documents or
reports pursuant to either of said sections, then it will file with or furnish to the
Trustee and the SEC, in  accordance with rules and regulations prescribed from time to
time by the SEC, such of the supplementary and  periodic information, documents and
reports which may be required pursuant to Section 13 of the Exchange Act in  respect of a
security of a foreign private issuer (as defined in Rule 3b-4 under the
Exchange Act) listed and  registered on a national securities exchange as may be
prescribed from time to time in such rules and  regulations; and
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|(b)  upon the
written request of any Holder, promptly supply copies of such annual reports,
information, documents and other reports to any such Person.
|---------------------------------------------------------------------------------------------------------------------------------------------------------



|ARTICLE 3
|---------



|MISCELLANEOUS
|-------------



|SECTION
      3.01. No Recourse Against Others. No past, present or future director,
      officer employee, direct or indirect shareholder or incorporator or Affiliate
      of the Parent Guarantor, as such, shall have any liability for any obligation
      of the Parent Guarantor under this Second Supplemental Indenture or for
      any claim based on, in respect of, or by reason of, any such obligation
      or the creation of any such obligation. Each Holder waives and releases
      such Persons from all such liability.
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|SECTIONn
      3.02.Successors. Except as set forth in Section 3.02 of the First
      Supplemental Indenture, all agreements of the Parent Guarantor in this Second
      Supplemental Indenture shall bind any successors of the Parent Guarantor.
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|SECTION
      3.03.Governing Law. The internal laws of the State of New York shall
      govern this Second Supplemental Indenture, without regard to the conflict
      of laws provisions thereof.
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|SECTION
      3.04.Counterparts. This Second Supplemental Indenture may be executed
      in any number of counterparts and by the parties hereto in separate counterparts,
      each of which when so
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2 | 
| | - | 



---





|executed shall be deemed  to be an original and
all of which taken together shall constitute one and the same agreement.
|------------------------------------------------------------------------------------------------------------------------



|SECTION
      3.05.Incorporation into Indenture. All provisions of this Second
      Supplemental Indenture shall be deemed to be incorporated in, and made part
      of, the Indenture; and the Indenture, as amended and supplemented by this
      Second Supplemental Indenture, shall be read, taken and construed as one
      and the same instrument.
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|SECTION
      3.06.Acceptance. The Trustee accepts the Indenture, as supplemented
      by this Second Supplemental Indenture, and agrees to perform the same upon
      the terms and conditions set forth therein as so supplemented.
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|SECTION
      3.07.Severability. If any provision in this Second Supplemental
      Indenture shall be invalid, illegal or unenforceable, the validity, legality
      and enforceability of the remaining provisions shall not in any way be affected
      or impaired thereby.
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|SECTION
      3.08.Headings, Etc. The headings of the Articles and Sections of
      this Second Supplemental Indenture have been inserted for convenience of
      reference only, are not to be considered part of this Second Supplemental
      Indenture, and shall in no way modify or restrict any of the terms or provisions
      of this Second Supplemental Indenture.
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|SECTION
      3.09. The Trustee. The Trustee shall not be responsible in any manner
      whatsoever for or in respect of the validity or sufficiency of this Second
      Supplemental Indenture or for or in respect of the recitals contained herein,
      all of which are solely made by the Company and the Parent Guarantor.
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 3 | 
| | - | 



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|IN WITNESS
WHEREOF, the parties have caused this Second Supplemental Indenture to be executed as of
the  date and year first written.
|-------------------------------------------------------------------------------------------------------------------------------------

| | CORPORACIÓN INTERAMERICANA
      DE BEBIDAS, 
      S.A. de C.V.
| | ----------------------------------------------------------------
| |                                                                 
| | By: /s/                                                         
| | Name:                                                           
| | Title:                                                          
| |                                                                 
| | COCA-COLA FEMSA, S.A. de C.V.,
      
      as Parent Guarantor 
| |                                                                 
| | By: /s/                                                         
| | Name:                                                           
| | Title:                                                          
| |                                                                 
| | JPMORGAN CHASE BANK, as Trustee                                 
| |                                                                 
| | By: /s/                                                         
| | Name:                                                           
| | Title:                                                          



| | 4 | 
| | - | 



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