COCA COLA CO — Director's Dealing 2004

Feb 23, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COCA COLA CO ((KO))
CIK: 0000021344
Period of Report: 2004-02-19

Reporting Person: HEYER STEVEN J (President and COO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-02-19	Employee Stock Option (right to buy)	$51.115	A	430000	Acquired	2014-02-18	Common Stock, $.25 par value (430000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.25 par value	5000	Direct
Common Stock, $.25 par value	344	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Hypothetical shares	$0.000		Common Stock, $.25 par value (782)	782	Indirect
Hypothetical shares	$0.000		Common Stock, $.25 par value (3132)	3132	Indirect

Footnotes

F1: Shares credited to my account under The Coca-Cola Company Thrift & Investment Plan, a tax-qualified 401(k) plan, as of February 18, 2004.

F2: Option (with tax withholding right) granted on February 19, 2004 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.

F3: Each hypothetical share is equal to one share of Common Stock of The Coca-Cola Company.

F4: There is no data applicable with respect to the Hypothetical Shares.

F5: Excess 401(k) as of February 18, 2004.

F6: As of February 18, 2004.