The Coca-Cola Company Increases Annual Dividend by 8 Percent; 47th Consecutive Annual Increase

(BUSINESS WIRE)--The Board of Directors of The Coca-Cola Company today approved the Company's 47th consecutive annual dividend increase, raising the quarterly dividend approximately 8 percent from 38 cents to 41 cents per common share. This is equivalent to an annual dividend of $1.64 per share, up from $1.52 per share in 2008. The dividend is payable April 1, 2009, to shareowners of record as of March 15, 2009.

The increase reflects the Board's confidence in the Company's long-term cash flow. The Company returned $4.6 billion to shareowners in 2008, through $3.5 billion in dividends and $1.1 billion in share repurchases. In the past five years, the Company's dividends have grown at a compound annual rate of more than 10 percent.

The Board also elected Javier Goizueta as vice president of the Company. Earlier this month, he was named president of The McDonald’s Division. In this role, he will be responsible for building and strengthening the Company’s strategic alliance with McDonald’s in 118 countries and over 31,000 restaurants. Mr. Goizueta succeeds Jerry Wilson, who was recently named the Company’s chief customer and commercial officer.

Since joining the Company in 2001, Mr. Goizueta has served as vice president, USA within The McDonald’s Division, vice president, Global Still Beverages Operations and Commercialization, and vice president, Global New Business Models. Prior to joining The Coca-Cola Company, he spent 20 years with Procter & Gamble, 10 years in their U.S. Operations and 10 years in Latin America. Trilingual in Spanish, English and Portuguese, Mr. Goizueta received his Bachelor of Arts degree from Auburn University.

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Southern Company Announces Quarterly Dividend

/PRNewswire-FirstCall/ -- Southern Company today announced a regular quarterly dividend of 42 cents per share on the company's common stock, payable Dec. 6, 2008, to shareholders of record Nov. 3, 2008.

This marks the 244th consecutive quarter -- dating back to 1948 -- that Southern Company will have paid a dividend to its shareholders.

With 4.4 million customers and more than 42,000 megawatts of generating capacity, Atlanta-based Southern Company (NYSE:SO) is the premier energy company serving the Southeast. A leading U.S. producer of electricity, Southern Company owns electric utilities in four states and a growing competitive generation company, as well as fiber optics and wireless communications. Southern Company brands are known for excellent customer service, high reliability and retail electric prices that are significantly below the national average. Southern Company has been listed the top ranking U.S. electric service provider in customer satisfaction for nine consecutive years by the American Customer Satisfaction Index (ACSI). Visit our Web site at www.southerncompany.com.

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The Board Of Directors Of The Coca-Cola Company Declares Quarterly Dividend; Elects Tuggle As Officer

(BUSINESS WIRE)--The Board of Directors of The Coca-Cola Company today declared a regular quarterly dividend of 38 cents per common share. The dividend is payable Dec. 15, 2008, to shareowners of record as of Dec. 1, 2008.

The Board also elected Clyde Tuggle as a senior vice president of the Company. Mr. Tuggle leads the Company's productivity efforts and oversees the Company’s Public Affairs and Communications and Strategic Security and Aviation functions. Prior to this newly created role, Mr. Tuggle served as president of the Russia, Ukraine and Belarus Business Unit.

A 19-year veteran of the Company, Mr. Tuggle has twice held the role of executive assistant to the Chairman and Chief Executive Officer. From 1998 to 2000, he worked in the Central European Division, first as director of operations development and deputy to the division president, and then as region manager for Austria. Mr. Tuggle was named Worldwide Communications director in 2001 and served as director of Worldwide Public Affairs and Communications from 2002 to 2005.

Mr. Tuggle has a bachelor’s degree in German and economics from Hamilton College, a master’s degree from Yale University and has completed the executive program at the University of Virginia’s Darden Business School.

The Coca-Cola Company is the world's largest beverage company, refreshing consumers with more than 450 sparkling and still brands. Along with Coca-Cola, recognized as the world's most valuable brand, the Company's portfolio includes 12 other billion dollar brands, including Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitaminwater, POWERade, Minute Maid and Georgia Coffee. Globally, we are the No. 1 provider of sparkling beverages, juices and juice drinks and ready-to-drink teas and coffees. Through the world's largest beverage distribution system, consumers in more than 200 countries enjoy the Company's beverages at a rate of 1.5 billion servings a day. With an enduring commitment to building sustainable communities, our Company is focused on initiatives that protect the environment, conserve resources and enhance the economic development of the communities where we operate. For more information about our Company, please visit our website at www.thecoca-colacompany.com.

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The Board of Directors of the Coca-Cola Company Declares Quarterly Dividend; Elects Two Officers

BUSINESS WIRE--The Board of Directors of The Coca-Cola Company today declared a regular quarterly dividend of 38 cents per common share. The dividend is payable October 1, 2008, to shareowners of record as of September 15, 2008.

The Board also elected Alex Cummings executive vice president and David Taggart senior vice president of the Company. Mr. Taggart’s election is effective immediately; Mr. Cummings’ election is effective October 15, 2008, upon his relocation to the U.S.

Mr. Cummings is the Company’s chief administrative officer, responsible for oversight of key corporate functions that support business operations including, Legal, Public Affairs and Communications, Human Resources, Global Community Connections, Strategic Planning, Information Technology, Product Integrity, Research & Innovation and Science.

Prior to this newly created role, Mr. Cummings served as president of the Africa Group for seven years. He joined The Coca-Cola Company in 1997 as region manager, Nigeria and, in 2000, was named president of the Company's North & West Africa Division. Prior to joining the Company, Mr. Cummings held several positions with The Pillsbury Company in the U.S., including vice president of finance for Pillsbury International.

Mr. Cummings has a bachelor’s degree in finance and economics from Northern Illinois University and a master’s degree in finance from Atlanta University. He is chairman of The Coca-Cola Africa Foundation and serves on the Boards of the African-America Institute, Africare and Clark Atlanta University.

As treasurer, Mr. Taggart oversees the Company’s global treasury operations, including management of its foreign currency, commodity, interest rate hedging and risk programs. He has more than 28 years’ experience with the Company. Mr. Taggart was elected assistant treasurer in 1985. In 1990, he was named president of The Coca-Cola Trading Company and established global procurement for the Company. He was elected vice president and treasurer in 1993.

Mr. Taggart has a bachelor’s degree from Princeton University and a master’s degree in general management from Harvard Business School. He serves on the Board of Directors of the Atlanta Downtown Improvement District, Inc.