FEMSA Announces Second Quarter 2003 Earnings Conference Call

MONTERREY, Mexico--(BUSINESS WIRE)--July 18, 2003--FEMSA (NYSE:FMX), the Leader in Latin Beverages, will hold its quarterly conference call to discuss second quarter 2003 results on Monday, July 28, 2003, at 1:00 P.M. Eastern Time (12 noon Central Time).

This call is being webcast by CCBN and can be accessed at FEMSA's web site at http://ir.femsa.com.

The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at www.companyboardroom.com or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (www.streetevents.com).

About FEMSA

FEMSA is Latin America's largest beverage company in terms of sales. Founded in 1890 and headquartered in Monterrey, Mexico, FEMSA is strategically comprised of and operates by means of the following subsidiaries: FEMSA Cerveza, which produces, distributes and exports various brands of beer such as Tecate, Carta Blanca, Superior, Sol, XX Lager, Dos Equis, and Bohemia; Coca-Cola FEMSA, the largest bottler for The Coca-Cola Co. in Latin America, which produces and distributes carbonated beverages such as Coca-Cola, Coca-Cola Light, Fanta, Sprite, and Quatro; and the Strategic Businesses Division, which groups the packaging (FEMSA Empaques) and retail (FEMSA Comercio) operations, and whose main objective is to offer strategic competitive advantages to the beverage subsidiaries.

    CONTACT: FEMSA
             Investor Relations:
             Alan Alanis, 52-818-328-6211
             alan.alanis@femsa.com.mx

    SOURCE: FEMSA