Tuesday, 11  March 2003  
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Coca-Cola Division President due today

The Coca-Cola division President for Southeast and West Asia, James Adams, will be visiting Sri Lanka today to reiterate the Company's long term commitment to Sri Lanka and to demonstrate support for the Coca-Cola corporate citizenship program that shows the company's values in action. The program titled Partners in the Future, taps into new optimism in Sri Lanka as peace talks progress.

Adams has led the division, of which the Sri Lankan operation is a part, to two years of being recognised as the top performing division in the world. During his visit he will be visiting the Coca-Cola factory in Biyagama to recognise, thank and congratulate outstanding employees and meet the work force. He will also distribute scholarships to employees' children who have passed the government grade five scholarship examination. The special examination tests the students in Mathematics, Language skills and IQ. This program has been in existence for the last three years.

Coca-Cola has demonstrated its commitment to Sri Lanka by investing over US$5 million in the country in the past five years. In its self-employment project Coca-Cola set up 1,000 kiosks to provide refreshments and snacks in communities that lacked such facilities.

Coca-Cola has also sponsored the peace concert to celebrate 52 weeks of peace and is strongly committed to the National Olympic Committee of Sri Lanka, in the past sponsoring the annual Olympic Day Run.

Coca-Cola offers direct employment to over 400 Sri Lankans and indirect employment to another 4,000 Sri Lankans in a network of local suppliers, distributors, wholesalers and retailers down to corner shops and restaurants that sells its beverages to consumers. In addition, the Coca-Cola network of bottlers, suppliers and distributors collectively make significant annual tax payments to the Government of Sri Lanka.

Partners in the future of Sri Lanka: James Adams, Southeast and West Asia Division President, displays the first of two Woodruff Awards won by the division in 2000 and 2001.

Adams is visiting Colombo to demonstrate the company's commitment to doing business in Sri Lanka and Coca-Cola's confidence in the future of the country.

www.peaceinsrilanka.org

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Crescat Development Ltd.

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