COCA COLA CO — Director's Dealing 2004

Mar 4, 2004

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: COCA COLA CO ((KO))
CIK: 0000021344
Period of Report: 2004-02-25

Reporting Person: KNAUSS DONALD R (President & COO, CCNA)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.25 par value	25099	Direct
Common Stock, $.25 par value	10301	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$25.3750	2004-10-18	Common Stock, $.25 par value (20000)		Direct
Employee Stock Option (right to buy)	$35.6250	2005-10-17	Common Stock, $.25 par value (20000)		Direct
Employee Stock Option (right to buy)	$48.8750	2006-10-16	Common Stock, $.25 par value (18000)		Direct
Employee Stock Option (right to buy)	$59.7500	2007-10-15	Common Stock, $.25 par value (13400)		Direct
Employee Stock Option (right to buy)	$65.8750	2008-10-14	Common Stock, $.25 par value (22500)		Direct
Employee Stock Option (right to buy)	$49.8000	2013-12-17	Common Stock, $.25 par value (46000)		Direct
Employee Stock Option (right to buy)	$53.4062	2014-10-20	Common Stock, $.25 par value (35070)		Direct
Employee Stock Option (right to buy)	$54.3437	2015-02-15	Common Stock, $.25 par value (30000)		Direct
Employee Stock Option (right to buy)	$57.8437	2015-10-17	Common Stock, $.25 par value (50000)		Direct
Employee Stock Option (right to buy)	$48.2100	2016-05-29	Common Stock, $.25 par value (75000)		Direct
Employee Stock Option (right to buy)	$44.6550	2017-12-17	Common Stock, $.25 par value (48000)		Direct
Hypothetical shares	$0.0000		Common Stock, $.25 par value (2414)		Indirect

Footnotes

F1: Shares credited to my account under The Coca-Cola Company Thrift & Investment Plan, a tax-qualified 401(k) plan.

F2: 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.

F3: Grant (with tax withholding right) was awarded on October 18, 1995. 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: Grant (with tax withholding right) was awarded on October 17, 1996. 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.

F5: Grant (with tax withholding right) was awarded on October 16, 1997. 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.

F6: Grant (with tax withholding right) was awarded on October 15, 1998. 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: Option (with tax withholding right) granted on December 18, 2003 under The Coca-Cola Company 2002 Stock Option Plan. One-fourth of grant becomes exercisable on each of the first, second, third and fourth anniversaries of the grant date.

F8: Grant (with tax withholding right) was awarded on October 21, 1999. One-fourth of grant became exercisable on the first, second, third and fourth anniversaries of the grant date.

F9: Grant (with tax withholding right) was awarded on February 16, 2000. Grant became exercisable in its entirety on the third anniversary of the grant date.

F10: Grant (with tax withholding right) was awarded on October 18, 2000. One-fourth of grant becomes exercisable on the first, second, third and fourth anniversaries of the grant date.

F11: Option (with tax withholding right) granted on May 30, 2001 under The Coca-Cola Company's 1999 Stock Option Plan. One-fourth of grant becomes exercisable on the first, second, third and fourth anniversaries of the grant date.

F12: Option (with tax withholding right) granted on December 18, 2002 under The Coca-Cola Company 2002 Stock Option Plan. One-fourth of grant becomes exercisable on each of the first, second, third and fourth anniversaries of the grant date.

F13: There is no data applicable with respect to the Hypothetical Shares.

F14: Each hypothetical share is equal to one share of Common Stock of The Coca-Cola Company.