FORM 6-K

                       Securities and Exchange Commission
                             Washington, D.C. 20549
                            Report of Foreign Issuer
                        Pursuant To Rule 13a-16 Or 15d-16
                                     Of The
                         Securities Exchange Act of 1934

For the month of October 2003                     Commission file number 1-12260

                          COCA-COLA FEMSA, S.A. de C.V.
                 (Translation of Registrant's name into English)

                       Guillermo Gonzalez Camarena No. 600
                         Col. Centro de Ciudad Santa Fe
                            Delegacion Alvaro Obregon
                               Mexico, D.F. 01210
                          (Address of principal office)

      (Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.)

      (Check One) Form 20-F |X| Form 40-F |_|

      (Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)

      (Check One) Yes |_| No |X|

      (If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b). 82- .)



                                                                  CONFIRMED COPY

                                    FORM 6-K

                       Securities and Exchange Commission
                             Washington, D.C. 20549
                            Report of Foreign Issuer
                        Pursuant To Rule 13a-16 Or 15d-16
                                     Of The
                         Securities Exchange Act of 1934

For the month of October 2003                     Commission file number 1-12260

                          COCA-COLA FEMSA, S.A. de C.V.
                 (Translation of Registrant's name into English)

                       Guillermo Gonzalez Camarena No. 600
                         Col. Centro de Ciudad Santa Fe
                            Delegacion Alvaro Obregon
                               Mexico, D.F. 01210
                          (Address of principal office)

      (Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.)

      (Check One) Form 20-F |X| Form 40-F |_|

      (Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)

      (Check One) Yes |_| No |X|

      (If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b). 82- .)




                                   SIGNATURES

      Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                       COCA-COLA FEMSA, S.A. DE C.V.
                                       (Registrant)

Date: October 31, 2003                 By: /s/ HECTOR TREVINO GUTIERREZ
                                           --------------------------------
                                       Name: Hector Trevino Gutierrez
                                       Title: Chief Financial Officer



PRESS RELEASE                                            [LOGO] Coca-Cola
FOR IMMEDIATE RELEASE                              COCA-COLA FEMSA, S.A. DE C.V.
FOR FURTHER INFORMATION:                                        FEMSA

Alfredo Fernandez / Julieta Naranjo
Investor Relations Department
Coca-Cola FEMSA, S.A. de C.V.
(52-55) 5081-5120 / 5121 / 5148
afernandeze@kof.com.mx / jnaranjo@kof.com.mx
WEBSITE: www.cocacola-femsa.com.mx

       COCA-COLA FEMSA Announces Solicitation of Consents with Respect to
                          Interamericana's 2009 Notes

Mexico City (October 31, 2003) - Coca-Cola FEMSA,  S.A. de C.V. (NYSE: KOF; BMV:
KOFL),  the  largest  Coca-Cola  bottler in Latin  America  and  second  largest
Coca-Cola  bottler  as  measured  by sales  volume in unit  cases  sold in 2002,
announced today that its wholly-owned subsidiary,  Corporacion Interamericana de
Bebidas, S.A. de C.V. (formerly Panamerican Beverages, Inc.) ("Interamericana"),
will commence today, the solicitation of consents to a proposed amendment to the
Indenture  pursuant to which its  U.S.$300,000,000  7 1/4% Senior Notes due 2009
(the "Notes") were issued.

On Friday October 24, 2003,  Moody's Investor Service upgraded the Notes to Baa2
following  the  issuance  of  an  unconditional  and  irrevocable  guarantee  by
Coca-Cola  FEMSA of  Interamericana's  payment  obligations  under the Notes and
Indenture (the "Guarantee").  The Notes are rated BBB by Standard and Poor's and
Fitch.

As more fully described in the Consent Solicitation Statement to be delivered to
the  holders of Notes,  the  Proposed  Amendment  would amend the  Indenture  to
require  Coca-Cola  FEMSA to make  available  to  holders  of Notes (by means of
filing with, or furnishing to, the U.S.  Securities  and Exchange  Commission or
otherwise),  all its reports  filed  with,  or  furnished  to, the SEC under the
Securities Exchange Act of 1934, as amended, and the rules and forms thereunder,
instead of requiring  Interamericana to provide reports relating  exclusively to
it,  with  financial  statements  prepared  in  accordance  with U.S.  generally
accepted accounting principles. Coca-Cola FEMSA currently prepares its financial
statements in accordance with Mexican generally accepted accounting  principles,
as reconciled to U.S. GAAP to the extent required under the Exchange Act and the
rules and forms thereunder.

Interamericana  will  cause to be paid $1.00 in cash for each  $1,000  aggregate
principal  amount of Notes with respect to which a valid  Consent is received by
5:00 p.m.,  New York City time, on Tuesday  November 18, 2003 (unless  extended)
and not validly revoked, if, among other conditions, Interamericana receives the
Consent of holders of at least a majority of the aggregate  principal  amount of
Notes  outstanding  prior to the expiration date.  Holders who do not consent in
favor of the  Proposed  Amendment  or who validly  revoke a Consent  will not be
entitled to receive the Consent Fee.


                                       1


The  Complete  terms of the Consent are  described  in the Consent  Solicitation
Statement to be provided to Holders.

Morgan Stanley & Co. Incorporated is acting as exclusive Solicitation Agent with
respect to the consent solicitation.  Questions with respect to the terms of the
consent  solicitation  should be  directed to Morgan  Stanley at (800)  624-1808
(U.S. toll-free) and (212) 761-1897 (collect).

D.F.  King & Co.,  Inc.  has  been  retained  to act  as  Tabulation  Agent  and
Information  Agent  with  respect  to the  consent  solicitation.  Copies of the
Consent Solicitation  Statement may be obtained from and requests for assistance
in completing and  delivering the required  documents or requests for additional
copies of such documents should be directed to D.F. King at (800) 431-9645 (U.S.
toll-free) and (212) 269-5550 (collect).

                                     * * *

Coca-Cola FEMSA, S.A. de C.V. produces Coca-Cola,  Sprite, Fanta, Lift and other
trademark  beverages of The Coca-Cola  Company in Mexico (a substantial  part of
central  Mexico,  including  Mexico City and  Southeast  of  Mexico),  Guatemala
(Guatemala  City and  surrounding  areas),  Nicaragua  (nationwide),  Costa Rica
(nationwide),  Panama  (nationwide),  Colombia (most of the country),  Venezuela
(nationwide),  Brazil  (greater  Sao  Paulo,  Campinas,  Santos and part of Mato
Grosso do Sul) and Argentina (Gran Buenos Aires), along with bottled water, beer
and other beverages in some of these territories.

The  Company has 34 bottling  facilities  in Latin  America and serves more than
1,400,000 retailers Latin America. Coca-Cola FEMSA currently accounts for almost
10% of Coca-Cola global sales, approximately 40% of all Coca-Cola sales in Latin
America. The Coca-Cola Company owns a 39.6% equity interest in Coca-Cola FEMSA.

                                     * * *

This news release may contain  forward-looking  statements  concerning Coca-Cola
FEMSA's future  performance  and should be considered as good faith estimates of
Coca-Cola  FEMSA.  These   forward-looking   statements   reflect   management's
expectations  and are based upon currently  available  data.  Actual results are
subject to future  events and  uncertainties  that could  materially  impact the
Company's actual performance.

References herein to "U.S.$" are to United States dollars.