CAUTIONARY STATEMENT RELATING TO FORWARD-LOOKING STATEMENTS

EXHIBIT 99.1

CAUTIONARY STATEMENT RELATIVE TO FORWARD-LOOKING STATEMENTS
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Certain written and oral statements made by our Company and subsidiaries or with
the approval of an authorized executive officer of our Company may constitute
"forward- looking statements" as defined under the Private Securities Litigation
Reform Act of 1995, including statements made in this report and other filings
with the Securities and Exchange Commission. Generally, the words "believe,"
"expect," "intend," "estimate," "anticipate," "project," "will" and similar
expressions identify forward-looking statements, which generally are not
historical in nature. All statements which address operating performance, events
or developments that we expect or anticipate will occur in the future --
including statements relating to volume growth, share of sales and earnings per
share growth, and statements expressing general optimism about future operating
results -- are forward-looking statements. Forward-looking statements are
subject to certain risks and uncertainties that could cause actual results to
differ materially from our Company's historical experience and our present
expectations or projections. As and when made, management believes that these
forward-looking statements are reasonable. However, caution should be taken not
to place undue reliance on any such forward- looking statements since such
statements speak only as of the date when made. The Company undertakes no
obligation to publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.

The following are some of the factors that could cause our Company's actual
results to differ materially from the expected results described in or
underlying our Company's forward-looking statements:

- - Foreign currency rate fluctuations, interest rate fluctuations and other
capital market conditions. Most of our exposures to capital markets,
including foreign currency and interest, are managed on a consolidated
basis, which allows us to net certain exposures and, thus, take advantage
of any natural offsets. We use derivative financial instruments to reduce
our net exposure to financial risks. There can be no assurance, however,
that our financial risk management program will be successful in reducing
capital market exposures.

- - Changes in the nonalcoholic beverages business environment. These include,
without limitation, changes in consumer preferences, competitive product
and pricing pressures and our ability to gain or maintain share of sales in
the global market as a result of actions by competitors. While we believe
our opportunities for sustained, profitable growth are considerable,
factors such as these could impact our earnings, share of sales and volume
growth.



- - Adverse weather conditions, which could reduce demand for Company products.

- - Our ability to generate sufficient cash flows to support capital expansion
plans, share repurchase programs and general operating activities.

- - Changes in laws and regulations, including changes in accounting standards,
taxation requirements (including tax rate changes, new tax laws and revised
tax law interpretations) and environmental laws in domestic or foreign
jurisdictions.

- - The effectiveness of our advertising, marketing and promotional programs.

- - Fluctuations in the cost and availability of raw materials and the ability
to maintain favorable supplier arrangements and relationships.

- - Our ability to achieve earnings forecasts, which are generated based on
projected volumes and sales of many product types, some of which are more
profitable than others. There can be no assurance that we will achieve the
projected level or mix of product sales.

- - Economic and political conditions, especially in international markets,
including civil unrest, governmental changes and restrictions on the
ability to transfer capital across borders.

- - Our ability to penetrate developing and emerging markets, which also
depends on economic and political conditions, and how well we are able to
acquire or form strategic business alliances with local bottlers and make
necessary infrastructure enhancements to production facilities,
distribution networks, sales equipment and technology. Moreover, the supply
of products in developing markets must match the customers' demand for
those products, and due to product price and cultural differences, there
can be no assurance of product acceptance in any particular market.

- - The uncertainties of litigation, as well as other risks and uncertainties
detailed from time to time in our Company's Securities and Exchange
Commission filings.

The foregoing list of important factors is not exclusive.


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