EXHIBIT 99.1



CAUTIONARY STATEMENT RELATIVE TO FORWARD-LOOKING STATEMENTS

The Private Securities Litigation Reform Act of 1995 (the
Act) provides a safe harbor for forward-looking statements
made by or on behalf of the Company.  The Company and its
representatives may from time to time make written or verbal
forward-looking statements, including statements contained
in the Company's filings with the Securities and Exchange
Commission and in its reports to share owners.  All
statements which address operating performance, events or
developments that the Company expects or anticipates will
occur in the future, including statements relating to volume
growth, share of sales and earnings per share growth,
statements expressing general optimism about future
operating results and non-historical Year 2000 information,
are forward-looking statements within the meaning of the
Act.  The forward-looking statements are and will be based
on management's then current views and assumptions regarding
future events and operating performance.

The following are some of the factors that could affect the
Company's financial performance or could cause actual
results to differ materially from estimates contained in or
underlying the Company's forward-looking statements:

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

- --Competitive product and pricing pressures and the
  Company's ability to gain or maintain share of sales in
  the global market as a result of actions by competitors.
  While the Company believes its opportunities for
  sustained, profitable growth are considerable,
  unanticipated actions of competitors could impact its
  earnings, share of sales and volume growth.

- --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.

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

- --The Company's 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 the Company
  will achieve the projected level or mix of product sales.


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

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

- --The Company's ability to penetrate developing and
  emerging markets, which also depends on economic and
  political conditions, and how well the Company is 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 effectiveness of the Company's advertising, marketing
  and promotional programs.

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

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

- --The Company's ability and the ability of its Key Business
  Partners (critically important bottlers, customers,
  suppliers, vendors and public entities such as government
  regulatory agencies, utilities, financial entities and
  others) and other third parties to replace, modify or
  upgrade computer systems in ways that adequately address
  the Year 2000 problem.  Given the numerous and
  significant uncertainties involved, there can be no
  assurance that Year 2000 related estimates and
  anticipated results will be achieved, and actual results
  could differ materially.  Specific factors that might
  cause such material differences include, but are not
  limited to, the ability to identify and correct all
  relevant computer codes and embedded chips, unanticipated
  difficulties or delays in the implementation of Year 2000
  project plans and the ability of third parties to
  adequately address their own Year 2000 issues.

- --The Company's ability to timely resolve issues relating
  to introduction of the European Union's common currency
  (the Euro).

The foregoing list of important factors is not exclusive.

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