COCA COLA CO — Director's Dealing 2004

Oct 19, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COCA COLA CO ((KO))
CIK: 0000021344
Period of Report: 2004-10-15

Reporting Person: DOUGLAS J ALEXANDER JR (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-10-15	Common Stock, $.25 par value	M	10000	$25.375	Acquired	23018	Direct
2004-10-15	Common Stock, $.25 par value	F	3737	$39.260	Disposed	19281	Direct
2004-10-15	Common Stock, $.25 par value	F	3290	$39.250	Disposed	15991	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-10-15	Employee Stock Option (right to buy)	$25.375	M	10000	Disposed	2004-10-18	Common Stock, $.25 par value (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.25 par value	2623	Indirect
Common Stock, $.25 par value	1201	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Hypothetical shares	$0.000		Common Stock, $.25 par value (1733)	1733	Indirect

Footnotes

F1: Exhibit Index - Exhibit No. 24 - Power of Attorney

F2: Includes 3,173 shares delivered to pay the option exercise price and 564 shares withheld by Issuer for payment of taxes on the option exercise with respect to 4,910 options.

F3: Shares delivered to pay the option exercise price with respect to 5,090 options.

F4: Shares credited to my account under The Coca-Cola Company Thrift & Investment Plan, a tax-qualified 401(k) plan, as of October 15, 2004.

F5: These shares are held by trusts for the benefit of the Reporting Person's four children.

F6: Grant (with tax withholding right) was awarded on October 19, 1994. One-third of grant became exercisable one year after date of grant, with the remainder becoming exercisable in equal monthly installments over the next 24 months.

F7: Each hypothetical share is equal to one share of Common Stock of The Coca-Cola Company.

F8: There is no data applicable with respect to the hypothetical shares.

F9: As of October 15, 2004.