Muhtar Kent nominated as president of Coca-Cola Co. board of directors

ATLANTA The Coca-Cola Co. board of directors has announced Muhtar Kent as their nominee as Director of the company for election at the Annual Meeting of Shareowners in April 2008.

Kent, who is president and chief operating officer of Coca-Cola, will also accept his post as chief executive officer of the company on July 1, 2008. He has been working for the Coca-Cola Co. since 1978, and held the position of president of the East Central European division from 1989 to 1995.

In May of 1995, Kent was named president of the North Asia, Eurasia and Middle East Group. His role as president and chief operating officer of Coca-Cola International in December 2006 led to his newly appointed post for the year 2008.

“It is a logical and natural step for Muhtar to be nominated to the Board of Directors at this time as part of our orderly transition to new leadership that we announced in December,” said chairman and chief executive officer Neville Isdell of Kent’s nomination. “It will give Muhtar several months to acclimate himself with his new duties as director in advance of becoming chief executive officer in July. The entire board looks forward to working with Muhtar as both a director and our new chief executive officer.”