COCA COLA CO — Director's Dealing 2003

Dec 17, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COCA COLA CO ((KO))
CIK: 0000021344
Period of Report: 2003-12-15

Reporting Person: ALLEN RONALD W (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-12-15	Phantom Stock Units	$0.000	A	414.0505	Acquired		Common Stock, $.25 par value (414.0505)	Direct

Footnotes

F1: Phantom stock units convert to Common Stock on a one-for-one basis.

F2: The phantom stock units were accrued under The Coca-Cola Company Deferred Compensation Plan for Non-Employee Directors and are to be settled 100% in Common Stock of The Coca-Cola Company after the Reporting Person leaves the Board.

F3: Includes 36.8249 phantom stock units accrued as a result of crediting phantom dividends.