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MATERIAL EVENT

CORPORATE NAME : EMBOTELLADORA ANDINA S.A.

SECURITIES REGISTRY : 00124

TAXPAYER I.D. : 91.144.000-8

The following is reported by virtue of the stipulations in Article 9 and subparagraph 2 of Article 10 of Law 18,045, and General Rule No. 30 of the Chilean Superintendency of Securities and Insurance:

Embotelladora Andina S.A. announced that the Board of Directors during a session held today, has accepted the resignation of Mr. Jaime García Rioseco as Chief Executive Officer of the Company. His resignation will become effective on December 31, 2011.

The Board of Directors has appointed Mr. Miguel Angel Peirano as new Chief Executive Officer, who will join the Company shortly. Mr. Peirano has been General Manager for Coca-Cola Femsa in Brazil and Argentina.

Finally, during the same Board Session, the Chairman was empowered to present this

Material Event. Santiago, July 13, 2011.

Juan Claro GonzálezChairmanEmbotelladora Andina S.A.

0592-2008