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: FAYARD GARY P (Executive Vice President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-14	Common Stock, $.25 par value	A	27882	—	Acquired	70289	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	255172	Acquired	2017-02-14	Common Stock, $.25 par value (255172)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.25 par value	5575	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Hypothetical shares	$0.00		Common Stock, $.25 par value (5594)	5594	Indirect

Footnotes

F1: These shares of restricted stock were issued in connection with the attainment of the performance criterion underlying performance share units granted in December 2003.

F2: Includes 115 shares acquired from December 2005 through December 2006 under The Coca-Cola Company Dividend and Cash Investment Plan.

F3: Shares credited to my account under The Coca-Cola Company Thrift & Investment Plan, a tax-qualified 401(k) plan, as of February 14, 2007.

F4: 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.

F5: Each hypothetical share is equal to one share of Common Stock of The Coca-Cola Company.

F6: There is no data applicable with respect to the hypothetical shares.

F7: As of February 14, 2007.