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arca announces appointment of francisco garza egloff as new chief ...

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ARCA ANNOUNCES APPOINTMENT OF<br />

FRANCISCO GARZA EGLOFF AS<br />

NEW CHIEF EXECUTIVE OFFICER<br />

Monterrey, Mexico, November 27, 2002 – Embotellador<strong>as</strong> Arca<br />

S. A. de C.V. (“Arca” or “the Company”) announced today the<br />

<strong>appointment</strong> <strong>of</strong> Mr. Francisco Garza Egl<strong>of</strong>f <strong>as</strong> <strong>new</strong> Chief<br />

Executive Officer <strong>of</strong> Arca, effective January 16, 2003. Currently,<br />

Mr. Garza Egl<strong>of</strong>f is CEO <strong>of</strong> Sigma Alimentos, a subsidiary <strong>of</strong> Alfa.<br />

Mr. Miguel Fernández Iturriza, Arca’s current CEO, will remain <strong>as</strong><br />

Chairman <strong>of</strong> the Board.<br />

Mr. Miguel Fernández stated, “We are very ple<strong>as</strong>ed that Francisco<br />

is joining Arca. The experience he h<strong>as</strong> developed during 25 years<br />

with Alfa, one <strong>of</strong> Mexico’s most prestigious companies, will bring<br />

us countless benefits. His vision, leadership and knowledge in<br />

making the production and distribution processes more efficient,<br />

and in successfully launching <strong>new</strong> branded products, are key<br />

components for the growth and development <strong>of</strong> a company such<br />

<strong>as</strong> Arca.”<br />

Mr. Fernández added, “With the <strong>appointment</strong> <strong>of</strong> Francisco, we<br />

meet one <strong>of</strong> the original objectives <strong>of</strong> the merger <strong>of</strong> Arca’s three<br />

predecessors: to institutionalize our management team and<br />

transform Arca into an even more competitive and dynamic<br />

company.”<br />

Mr. Garza Egl<strong>of</strong>f commented, “It is an honor for me, and at the<br />

same time, a great personal commitment to lead this Company. I<br />

am certain that with the collaborative efforts <strong>of</strong> board members,<br />

managers and employees, we will accomplish the integration <strong>of</strong><br />

Arca’s operations and transform it into a more productive<br />

company that will create value for shareholders and develop the<br />

people that comprise it.”<br />

Since joining Alfa in 1977, Mr. Garza Egl<strong>of</strong>f held various positions<br />

in the area <strong>of</strong> petrochemicals and synthetic fibers, including CEO<br />

<strong>of</strong> Akra, Petrocel-Temex and Polioles, between 1981 and 1999.<br />

In May 1999, he became CEO <strong>of</strong> Sigma Alimentos. Mr. Garza<br />

Egl<strong>of</strong>f is 48 years <strong>of</strong> age and h<strong>as</strong> a Chemical Engineering degree<br />

from the Instituto Tecnológico de Monterrey, and completed the<br />

executive program at the IPADE.<br />

*******<br />

About Arca<br />

Embotellador<strong>as</strong> Arca, S.A. de C.V. produces and sells s<strong>of</strong>t drinks<br />

under The Coca-Cola Company brand, proprietary brands and<br />

third-party brands. Arca w<strong>as</strong> formed in 2001 through the merger<br />

<strong>of</strong> three <strong>of</strong> the oldest bottlers in Mexico and is now the second-


largest bottler in Mexico. The Company distributes its products in the northern region <strong>of</strong> Mexico mainly<br />

in the states <strong>of</strong> Tamaulip<strong>as</strong>, Nuevo León, Coahuila, Chihuahua, Sonora, Sinaloa, Baja California and<br />

Baja California Sur. For its own packaging needs, Arca also produces pl<strong>as</strong>tic bottles, bottle caps, lids<br />

and pl<strong>as</strong>tic c<strong>as</strong>es.<br />

Disclaimer<br />

This material may contain forward-looking statements regarding Arca and its subsidiaries b<strong>as</strong>ed on<br />

management’s expectations. This information <strong>as</strong> well <strong>as</strong> statements regarding future events and<br />

expectations is subject to risks and uncertainties, <strong>as</strong> well <strong>as</strong> factors that could cause the results,<br />

performance and achievements <strong>of</strong> the Company to differ at any time. Such factors include changes in<br />

the general economic, political, governmental and commercial conditions both domestically and<br />

globally, <strong>as</strong> well <strong>as</strong> variations in interest rates, inflation rates, exchange rate volatility, tax rates, the<br />

demand for and the price <strong>of</strong> carbonated beverages, water and ice, taxes on and the price <strong>of</strong> sugar, the<br />

prices <strong>of</strong> raw materials used in the production <strong>of</strong> s<strong>of</strong>t drinks, weather conditions and various others. As<br />

a result <strong>of</strong> these risks and factors, actual results could be materially differ from the estimates provided,<br />

therefore, Arca does not accept responsibility for any variations or for the information provided by<br />

<strong>of</strong>ficial sources.<br />

Embotellador<strong>as</strong> Arca, S.A. de C.V. 2 <strong>of</strong> 2

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