COCA COLA CO — Director's Dealing 2007

Feb 16, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COCA COLA CO ((KO))
CIK: 0000021344
Period of Report: 2007-02-14

Reporting Person: REYES JOSE OCTAVIO (Group President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-14	Common Stock, $.25 par value	A	23100	—	Acquired	23100	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-02-15	Employee Stock Option (right to buy)	$47.84	A	273103	Acquired	2017-02-14	Common Stock, $.25 par value (273103)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.25 par value	45773	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Hypothetical shares	$0.00		Common Stock, $.25 par value (755)	755	Indirect

Footnotes

F1: These shares represent the common stock of The Coca-Cola Company issuable upon vesting of restricted stock units that were issued to the reporting person in connection with the attainment of the performance criterion underlying performance share units granted in December 2003.

F2: Includes shares issued pursuant to a dividend reinvestment plan.

F3: Option (with tax withholding right) granted on February 15, 2007 under The Coca-Cola Company 1999 Stock Option Plan. One-fourth of grant becomes exercisable on the first, second, third and fourth anniversaries of the grant date.

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 December 31, 2006.