Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
REYES JOSE OCTAVIO
 2. Issuer Name and Ticker or Trading Symbol
COCA COLA CO [(KO)] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive Vice President
(Last)
(First)
(Middle)

THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA		 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2004
(Street)


ATLANTA, GA 30313		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Common Stock, $.25 par value 08/06/2003   S4(1) 1,671 D $ 43.89 18,724 (2) D  
Common Stock, $.25 par value 03/30/2004   G(3) 7,996 D $ 0 10,728 D  
Common Stock, $.25 par value 08/13/2004   G(4) 10,728 D $ 0 0 D  
Common Stock, $.25 par value 03/30/2004   G(3) 7,996 A $ 0 31,773 I By trust
Common Stock, $.25 par value 08/13/2004   G(4) 10,728 A $ 0 42,501 I By trust

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Hypothetical shares $ 0 (5)             (6)   (6) Common Stock, $.25 par value
715
  715 (7)
I
By International Thrift Plan

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
REYES JOSE OCTAVIO
THE COCA-COLA COMPANY
ONE COCA-COLA PLAZA
ATLANTA, GA 30313		       Executive Vice President  

Signatures

/s/ Reyes, Jose Octavio 02/14/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The reporting person's Form 4 filed on August 8, 2003 omitted 1,671 shares sold on August 6, 2003 to pay taxes on an option exercise.
(2) Includes 95 shares acquired under a dividend reinvestment plan from October 2003 to July 2004.
(3) The reporting person transferred 7,996 shares to a trust in which he has an indirect beneficial interest.
(4) The reporting person transferred 10,728 shares to a trust in which he has an indirect beneficial interest.
(5) Each hypothetical share is equal to one share of Common Stock of The Coca-Cola Company.
(6) There is no data applicable with respect to the hypothetical shares.
(7) As of December 31, 2004.

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