COCA COLA CO — Director's Dealing 2004

Dec 17, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COCA COLA CO ((KO))
CIK: 0000021344
Period of Report: 2004-12-15

Reporting Person: MCHENRY DONALD F (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-12-15	Phantom Stock Units	$0.00	A	529.8501	Acquired		Common Stock, $.25 par value (529.8501)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.25 par value	25391	Direct

Footnotes

F1: Each phantom stock unit is economically equivalent to one share of Common Stock.

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 cash after the reporting person leaves the Board.

F3: Includes 75.745 phantom stock units accrued as a result of crediting phantom dividends.