Fitch affirms Embotelladora Andina

Fitch Ratings said it has affirmed the A- international foreign and local currency ratings of Embotelladora Andina SA, the largest bottler of Coca-Cola products in the Southern Cone of Latin America.

In conjunction with these rating actions, Fitch has affirmed the company's AA-(chl) national scale rating.

Fitch said these rating actions reflect the company's unleveraged capital structure, its low business risk and the positive outlook for profitability in all of its operating territories during 2004.

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