FEMSA Announces Third Quarter 2003 Earnings Conference Call

MONTERREY, Mexico--(BUSINESS WIRE)--Oct. 21, 2003--FEMSA (NYSE: FMX), the Leader in Latin Beverages, will hold its quarterly conference call to discuss third quarter 2003 results on Thursday, October 23, 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.

Individual investors can listen to the call at www.companyboardroom.com and institutional investors can access the call via a password-protected event management site at 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 the following subsidiaries: FEMSA Cerveza, which produces, distributes and exports various brands of beer such as Tecate, Carta Blanca, Sol, and Dos Equis; 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 competitive advantages to the beverage subsidiaries.

CONTACT: FEMSA
Alan Alanis (IR), 52-818-328-6211
alan.alanis@femsa.com.mx
or
Emily Klingbeil (IR), 52-818-328-6189
emily.klingbeil@femsa.com.mx

SOURCE: FEMSA