Panamerican Beverages, (Panamco) today announced that its board of directors have declared a regular quarterly dividend of $0.06 per share, to be paid to all shareholders of record on December 23, 2002. The payment date is December 30, 2002. Panamco is the largest soft drink bottler in Latin America and one of the three largest bottlers of Coca-Cola products in the world. The Company produces and distributes substantially all Coca-Cola soft drink products in its franchise territories in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela and Brazil, along with bottled water, beer and other beverages in some of these territories.