COCA COLA CO — Director's Dealing 2004

Sep 21, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COCA COLA CO ((KO))
CIK: 0000021344
Period of Report: 2004-09-17

Reporting Person: FAYARD GARY P (Executive Vice President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-17	Common Stock, $.25 par value	M	4000	$25.375	Acquired	27159	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-09-17	Employee Stock Option (right to buy)	$25.375	M	4000	Disposed	2004-10-18	Common Stock, $.25 par value (4000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.25 par value	3720	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Hypothetical shares	$0.000		Common Stock, $.25 par value (2862)	2862	Indirect

Footnotes

F1: Includes 31 shares acquired in April and July 2004 under The Coca-Cola Company Dividend and Cash Investment Plan.

F2: Shares credited to my account under The Coca-Cola Company Thrift & Investment Plan, a tax-qualified 401(k) plan, as of September 17, 2004.

F3: 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.

F4: Each hypothetical share is equal to one share of Common Stock of The Coca-Cola Company.

F5: There is no data applicable with respect to the hypothetical shares.

F6: As of September 17, 2004.