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SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of October 2015

FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V.

(Exact name of Registrant as specified in its charter)

Mexican Economic Development, Inc.

(Translation of Registrant’s name into English)

United Mexican States

(Jurisdiction of incorporation or organization)

General Anaya No. 601 Pte.
Colonia Bella Vista
Monterrey, Nuevo León 64410
México

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F x Form 40-F ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): _______

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): _______

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ¨ No x

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-_____________

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf of the undersigned, thereunto duly authorized.

	FOMENTO ECONÓMICO MEXICANO, S.A. DE C.V.

	By:	/s/ Daniel Rodríguez Cofré
		Daniel Rodríguez Cofré
		Chief Financial Officer

Date: October 28, 2015

Exhibit 99.1

FEMSA Announces Third Quarter 2015 Results

Monterrey, Mexico, October 28, 2015 — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) announced today its operational and financial results for the third quarter of 2015.

THIRD Quarter 2015 Highlights:

FEMSA consolidated total revenues increased 8.8% and income from operations grew 2.3% compared to the third quarter of 2014, driven by solid growth at FEMSA Comercio. On an organic basis¹ total revenues increased 0.7% and income from operations grew 1.9%.

FEMSA Comercio achieved total revenues growth of 37.4% and income from operations growth of 27.4% compared to the third quarter of 2014, mainly driven by the incorporation of OXXO Gas operations and by 9.1% growth in OXXO same-store sales. On an organic basis¹total revenues and income from operations grew 17.1% and 26.6%, respectively.

Coca-Cola FEMSA total revenues decreased 9.9% and income from operations decreased 6.1% compared to the third quarter of 2014, reflecting the negative currency translation effect from the Venezuelan operation as well as the devaluation of the Brazilian real and the Colombian peso. On a currency neutral basis and excluding Venezuela, total revenues and income from operations grew 10.2% and 16.4%, respectively.

Carlos Salazar Lomelín, FEMSA’s CEO, commented: “During the third quarter, we continued to see gradual improvement in consumer demand in our key Mexico market: At FEMSA Comercio, the trend of same-store sales growth for OXXO reached high-single digit levels and again reflected a better mix of ticket and traffic. Activity was especially strong in the north of Mexico, consistent with perceived higher levels of manufacturing-led economic activity in that part of the country. At Coca-Cola FEMSA we are still facing difficult environments in several of our key markets, but we continue to work on the variables that we can control such as pricing and packaging and we are seeing positive results, especially in terms of market shares and profitability gains. Margin expansion in particular was remarkable in light of the foreign exchange and operational challenges we are facing in most of our markets, and we have no doubt that we will eventually emerge from this difficult macroeconomic period stronger and leaner than before.

On the strategic front, during the quarter we announced and closed the acquisition of a majority stake in Socofar. As you know, this is an exciting transaction that creates a number of opportunities for our drugstore business, adding a leadership position in Chile and a meaningful presence in Colombia, while providing a solid platform to explore and grow in other related formats in that part of our continent.”

¹ Excludes non-comparable results from gasoline operations and acquisitions at FEMSA Comercio in the last twelve months. The balance sheet of Socofar is included as of September 30 2015. (see “Recent Developments”).

FEMSA Consolidated

Total revenues increased 8.8% compared to 3Q14 to Ps. 78.763 billion in 3Q15, driven by FEMSA Comercio. On an organic basis¹ total revenues increased 0.7% compared to 3Q14.

For the first nine months of 2015, consolidated total revenues increased 5.4% compared to the same period in 2014 to Ps. 219.996 billion, driven by FEMSA Comercio. On an organic basis¹, total revenues for the first nine months of 2015 decreased 0.6% compared to the same period in 2014.

Gross profit increased 0.7% compared to 3Q14 to Ps. 30.865 billion in 3Q15. Gross margin decreased 310 basis points compared to the same period in 2014 to 39.2% of total revenues, reflecting a gross margin contraction at FEMSA Comercio driven by the incorporation of OXXO Gas operations, which have a lower gross margin than FEMSA Comercio’s other operations.

For the first nine months of 2015, gross profit decreased 1.3% compared to the same period in 2014 to Ps. 86.417 billion. Gross margin decreased 260 basis points compared to the same period in 2014 to 39.3% of total revenues reflecting a gross margin contraction at FEMSA Comercio driven by the incorporation of OXXO Gas operations, which have a lower gross margin than FEMSA Comercio’s other operations.

Income from operations increased 2.3% compared to 3Q14 to Ps. 8.513 billion in 3Q15. On an organic basis¹ income from operations increased 1.9% compared to the same period in 2014. Consolidated operating margin decreased 70 basis points compared to 3Q14, to 10.8% of total revenues in 3Q15, driven by margin contraction at FEMSA Comercio.

For the first nine months of 2015, income from operations increased 2.0% compared to the same period in 2014 to Ps. 22.805 billion. On an organicbasis¹, income from operations remained stable compared to 3Q14. Our consolidated operating margin year-to-date decreased 30 basis points to 10.4% as a percentage of total revenues, as compared to the same period of 2014.

Our effective income tax rate was 31.4% in 3Q15 compared to 19.9% in 3Q14, reflecting the absence of last year’s one-time benefit resulting from the settlement of certain contingent tax liabilities at Coca-Cola FEMSA under the tax amnesty program offered by the Brazilian tax authorities. For the first nine months of 2015 our effective tax rate was 32.6%, in line with our expected medium-term range of low 30s.

Net consolidated income decreased 9.8% compared to 3Q14 to Ps. 6.060 billion in 3Q15, driven by (i) a foreign exchange loss related to the effect of Coca-Cola FEMSA’s US Dollar-denominated debt position as impacted by the depreciation of the Mexican peso during the quarter, (ii) a tough comparable base on income tax mainly due to the one-time benefit received in 3Q14 from the settlement of certain contingent tax liabilities at Coca-Cola FEMSA; and (iii) a swing in other non-operating expenses due to the same reason, given that the settlement of the contingent tax liabilities was recorded as a gain in the other non-operating expenses line. These factors were partially offset by an increase in FEMSA’s reported 20% participation in Heineken’s results.

For the first nine months of 2015, net consolidated income increased 4.9% to Ps. 15.771 billion compared to the same period of 2014, mainly driven by an increase in FEMSA’s reported 20% participation in Heineken’s results.

Excludes non-comparable results from gasoline operations and acquisitions at FEMSA Comercio in the last twelve months. The balance sheet of Socofar is included as of September 30 2015. (see “Recent Developments”).

October 28, 2015

Net majority income for 3Q15 was Ps. 1.39 per FEMSA Unit². Net majority income per FEMSA ADS was US$ 0.82 for the same period. For the first nine months of 2015, net majority income per FEMSA Unit²was Ps. 3.37 (US$ 1.99 per ADS).

Capital expenditures amounted to Ps. 4.673 billion in 3Q15, reflecting lower investments at Coca-Cola FEMSA.

Our consolidated balance sheet as of September 30, 2015 recorded a cash balance of Ps. 43.377 billion (US$ 2.567 billion), an increase of Ps. 7.736 billion (US$ 457.8 million) compared to December 31, 2014. Short-term debt was Ps. 13.363 billion (US$ 790.8 million), while long-term debt was Ps. 88.428 billion (US$ 5.233 billion). Our consolidated net debt balance was Ps. 58.414 billion (US$ 3.457 billion).

Soft Drinks – Coca-Cola FEMSA

Coca-Cola FEMSA’s financial results and discussion thereof are incorporated by reference from Coca-Cola FEMSA’s press release, which is attached to this press release or may be accessed by visiting www.coca-colafemsa.com.

FEMSA Comercio

Total revenues increased 37.4% compared to 3Q14 to Ps. 39.222 billion in 3Q15, reflecting the incorporation of OXXO Gas operations and the opening of 276 net new OXXO stores in the quarter to reach 1,146 total net new store openings for the last twelve months. On an organic basis³, total revenues increased 17.1% compared to 3Q14. As of September 30, 2015, FEMSA Comercio had a total of 13,541 OXXO stores. Same-store sales increased an average of 9.1% for the third quarter of 2015 over 3Q14. This performance was driven by a 5.9% increase in average customer ticket and a 3.0% increase in store traffic.

For the first nine months of 2015, total revenues increased 29.8% compared to the same period in 2014 to Ps. 104.876 billion. On an organic basis³, total revenues for the first nine months of 2015 increased 14.5% compared to the same period in 2014. FEMSA Comercio’s same-store sales increased an average of 6.3% compared to the same period in 2014, driven by a 4.8% increase in average customer ticket and a 1.4% increase in store traffic.

Gross profit increased by 20.1% in 3Q15 compared to 3Q14, resulting in a 450 basis point gross margin contraction to 31.5% of total revenues. This contraction mainly reflects the incorporation of OXXO Gas operations, which have a lower gross margin than FEMSA Comercio’s other operations. For the first nine months of 2015 and for the same reason, gross margin contracted by 340 basis points compared to the same period in 2014, to 31.4% of total revenues.

Income from operations increased 27.4% over 3Q14 to Ps. 2.980 billion in 3Q15. On an organic basis³, income from operations increased 26.6% in 3Q15 compared to 3Q14. Operating expenses increased 18.0% in 3Q15 to Ps. 9.359 billion, below revenue growth. In spite of this, operating margin contracted 60 basis points compared to 3Q14, to 7.6% of total revenues in 3Q15, driven by the lower gross margin of OXXO Gas operations.

For the first nine months of 2015, income from operations increased 24.7% compared to the same period in 2014 to Ps. 6.861 billion, resulting in an operating margin of 6.5%, which represents a 30 basis point contraction from the same period in the prior year, driven by the incorporation of OXXO Gas operations. On an organic basis³, income from operations increased 24.2% in the first nine months of 2015 compared to the same period in 2014.

FEMSA Units consist of FEMSA BD Units and FEMSA B Units. Each FEMSA BD Unit is comprised of one Series B Share, two Series D-B Shares and two Series D-L Shares. Each FEMSA B Unit is comprised of five Series B Shares. The number of FEMSA Units outstanding as of September 30, 2015 was 3,578,226,270, equivalent to the total number of FEMSA Shares outstanding as of the same date, divided by 5.

October 28, 2015

Recent Developments

On September 23, 2015, FEMSA Comercio announced the closing of the acquisition of a majority equity stake in Grupo Socofar ("Socofar"), a leading South American drugstore operator, after obtaining all required regulatory approvals. Socofar is based in Santiago, Chile and currently operates over 640 drugstores and 150 beauty stores throughout Chile, as well as over 150 drugstores in Colombia.

CONFERENCE CALL INFORMATION:

Our Third Quarter of 2015 Conference Call will be held on: Thursday October 29, 2015, 12:00 PM Eastern Time (10:00 AM Mexico City Time). To participate in the conference call, please dial: Domestic US: (888) 417 8533; International: (719) 457 2697; Conference Id: 103355. The conference call will be webcast live through streaming audio. For details please visit www.femsa.com/investor.

If you are unable to participate live, the conference call audio will be available on http://ir.FEMSA.com/results.cfm.

FEMSA is a leading company that participates in the beverage industry through Coca-Cola FEMSA, the largest franchise bottler of Coca-Cola products in the world; and in the beer industry, through its ownership of the second largest equity stake in Heineken, one of the world's leading brewers with operations in over 70 countries. In the retail industry it participates with FEMSA Comercio, operating various small-format store chains including OXXO. Additionally, through its Strategic Businesses unit, it provides logistics, point-of-sale refrigeration solutions and plastics solutions to FEMSA's business units and third-party clients.

The translations of Mexican pesos into US dollars are included solely for the convenience of the reader, using the noon day buying rate for Mexican Pesos as published by the U.S. Federal Reserve Board in its H.10 weekly Release of Foreign Exchange Rates for September 30, 2015, which was 16.8980 Mexican Pesos per US Dollar.

FORWARD-LOOKING STATEMENTS

This report may contain certain forward-looking statements concerning our future performance that should be considered as good faith estimates made by us. These forward-looking statements reflect management’s expectations and are based upon currently available data. Actual results are subject to future events and uncertainties, which could materially impact our actual performance.

Five pages of tables and Coca-Cola FEMSA’s press release follow.

October 28, 2015

FEMSA

Consolidated Income Statement

Millions of Pesos

	For the third quarter of:															For the nine months of:
	2015			% of rev.		2014			% of rev.		% Var.			% Org ^(A)		2015			% of rev.		2014			% of rev.		% Var.			% Org ^(A)
Total revenues		78,763			100.0		72,391			100.0		8.8			0.7		219,996			100.0		208,782			100.0		5.4			(0.6	)
Cost of sales		47,898			60.8		41,737			57.7		14.8					133,579			60.7		121,239			58.1		10.2
Gross profit		30,865			39.2		30,654			42.3		0.7					86,417			39.3		87,543			41.9		(1.3	)
Administrative expenses		2,836			3.6		2,853			3.9		(0.6	)				8,158			3.7		8,273			4.0		(1.4	)
Selling expenses		19,010			24.2		19,102			26.4		(0.5	)				54,510			24.8		55,930			26.7		(2.5	)
Other Operating expenses (income), net ⁽¹⁾		506			0.6		376			0.5		34.6					944			0.4		978			0.2		(3.5	)
Income from operations⁽²⁾		8,513			10.8		8,323			11.5		2.3			1.9		22,805			10.4		22,362			10.7		2.0			(0.3	)
Other Non-Operating expenses (income)		259					(263	)				N.A.					495					(210	)				N.A.
Interest expense		1,795					1,787					0.4					5,242					5,162					1.5
Interest income		288					228					26.3					791					745					6.2
Foreign exchange loss (gain)		1,027					356					N.A.					1,264					350					N.A.
Other financial expenses (income), net.		(39	)				282					N.A.					(254	)				681					N.A.
Financing expenses, net		2,495					2,197					13.6					5,461					5,448					0.2
Income before income tax and Participation in Associates results		5,759					6,389					(9.9	)				16,849					17,124					(1.6	)
Income tax		1,806					1,274					41.8					5,485					5,060					8.4
Participation in associates results⁽³⁾		2,107					1,602					31.5					4,407					2,973					48.2
Net consolidated income		6,060					6,717					(9.8	)				15,771					15,037					4.9
Net majority income		4,974					4,806					3.5					12,046					10,390					15.9
Net minority income		1,086					1,911					(43.2	)				3,725					4,647					(19.8	)

	2015		% of rev.		2014		% of rev.		% Var.			% Org ^(A)		2015		% of rev.		2014		% of rev.		% Var.			% Org ^(A)
Operative Cash Flow & CAPEX
Income from operations		8,513		10.8		8,323		11.5		2.3			1.9		22,805		10.4		22,362		10.7		2.0			(0.3	)
Depreciation		2,421		3.1		2,331		3.2		3.9					7,129		3.2		7,077		3.4		0.7
Amortization & other non-cash charges		1,217		1.5		758		1.1		60.6					2,143		1.0		2,151		1.0		(0.4	)
Operative Cash Flow (EBITDA)		12,151		15.4		11,412		15.8		6.5			6.1		32,078		14.6		31,590		15.1		1.5			(0.6	)
CAPEX		4,673				4,857				(3.8	)				11,691				11,969				(2.3	)

Financial Ratios	2015			2014			Var. p.p.
Liquidity⁽⁴⁾		1.24			1.56			(0.32	)
Interest coverage⁽⁵⁾		8.06			7.32			0.73
Leverage⁽⁶⁾		0.79			0.63			0.15
Capitalization⁽⁷⁾		31.46	%		25.59	%		5.86

(A) % Org. represents the variation in a given measure excluding the effects of mergers, acquisitions and divestitures of FEMSA Comercio. In preparing this measure, management has used its best judgment estimates and assumptions in order to maintain comparability.

⁽¹⁾ Other Operating expenses (income), net = Other Operating expenses (income) +(-) Equity method from operated associates.

⁽²⁾ Income from operations = Gross profit - Administrative and selling expenses - Other operating expenses (income), net.

⁽³⁾ Mainly represents the equity method participation in Heineken´s results, net.

⁽⁴⁾ Total current assets / total current liabilities.

⁽⁵⁾ Income from operations + depreciation + amortization & other / interest expense, net.

⁽⁶⁾ Total liabilities / total stockholders' equity.

⁽⁷⁾ Total debt / long-term debt + stockholders' equity.

Total debt = short-term bank loans + current maturities of long-term debt + long-term bank loans.

October 28, 2015

FEMSA

Consolidated Balance Sheet

Millions of Pesos

	Sep-15 ^(A)		Dec-14		% Var.
ASSETS
Cash and cash equivalents		43,377		35,641		21.7
Accounts receivable		18,486		14,842		24.6
Inventories		22,262		17,214		29.3
Other current assets		10,914		11,415		(4.4	)
Total current assets		95,039		79,112		20.1
Investments in shares		113,799		102,159		11.4
Property, plant and equipment, net		76,355		75,629		1.0
Intangible assets ⁽¹⁾		103,554		101,527		2.0
Other assets		31,996		17,746		80.3
TOTAL ASSETS		420,743		376,173		11.8

LIABILITIES & STOCKHOLDERS´ EQUITY
Bank loans		8,270		449		N.A.
Current maturities of long-term debt		5,093		1,104		N.A.
Interest payable		1,201		482		N.A.
Operating liabilities		61,981		47,284		31.1
Total current liabilities		76,545		49,319		55.2
Long-term debt ⁽²⁾		88,428		80,998		9.2
Labor liabilities		4,463		4,207		6.1
Other liabilities		16,159		11,527		40.2
Total liabilities		185,595		146,051		27.1
Total stockholders’ equity		235,148		230,122		2.2
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY		420,743		376,173		11.8

	September 30, 2015
*DEBT MIX ⁽²⁾*	% of Total			Average Rate
Denominated in:
Mexican pesos		38.3	%		5.6	%
Dollars		31.3	%		4.7	%
Colombian pesos		1.2	%		5.9	%
Argentine pesos		0.6	%		25.7	%
Brazilian Reais		23.1	%		12.9	%
Chilean pesos		5.5	%		6.9	%
Total debt		100	%		7.2	%

Fixed rate⁽²⁾		73.5	%
Variable rate⁽²⁾		26.5	%

% of Total Debt		2015				2016				2017				2018				2019				2020+
DEBT MATURITY PROFILE			8.5	%			7.2	%			4.9	%			10.3	%			0.2	%			68.9	%

(A) The Socofar acquisition, began to consolidate on FEMSA's Balance Sheet as of September 30, 2015.

⁽¹⁾ Includes mainly the intangible assets generated by acquisitions.

⁽²⁾ Includes the effect of derivative financial instruments on long-term debt.

October 28, 2015

FEMSA Comercio

Results of Operations

Millions of Pesos

	For the third quarter of:													For the nine months of:
	2015		% of rev.		2014		% of rev.		% Var.			% Org ^(A)		2015		% of rev.		2014		% of rev.		% Var.		% Org ^(A)
Total revenues		39,222		100.0		28,545		100.0		37.4			17.1		104,876		100.0		80,812		100.0		29.8		14.5
Cost of sales		26,883		68.5		18,275		64.0		47.1					71,927		68.6		52,717		65.2		36.4
Gross profit		12,339		31.5		10,270		36.0		20.1					32,949		31.4		28,095		34.8		17.3
Administrative expenses		735		1.9		500		1.8		47.0					1,960		1.9		1,526		1.9		28.4
Selling expenses		8,584		21.9		7,371		25.8		16.5					23,969		22.8		20,941		25.9		14.5
Other Operating expenses (income), net		40		0.1		59		0.2		(32.2	)				159		0.2		128		0.2		24.2
Income from operations		2,980		7.6		2,340		8.2		27.4			26.6		6,861		6.5		5,500		6.8		24.7		24.2
Depreciation		797		2.0		703		2.5		13.4					2,315		2.2		2,049		2.5		13.0
Amortization & other non-cash charges		119		0.3		82		0.2		45.1					318		0.4		227		0.3		40.1
Operative Cash Flow		3,896		9.9		3,124		10.9		24.7			23.6		9,494		9.1		7,776		9.6		22.1		21.4
CAPEX		1,576				1,385				13.8					3,978				3,547				12.2

Information of OXXO Stores
Total stores		276				191									13,541				12,395				9.2
Net new convenience stores:
vs. September prior year		1,146				1,185				(3.3	)
vs. December prior year		688				674				2.1

Same store data: ⁽¹⁾
Sales (thousands of pesos)		742.0				679.9				9.1					701.2				659.5				6.3
Traffic (thousands of transactions)		24.8				24.1				3.0					23.9				23.6				1.4
Ticket (pesos)		29.9				28.3				5.9					29.3				28.0				4.8

OXXO GAS

Results of Operations

Millions of Pesos

	For the third quarter :				For the period March - September:
	2015		% of rev.		2015		% of rev.
Total revenues		5,595		100.0		12,390		100.0
Cost of sales		5,169		92.4		11,443		92.4
Gross profit		425		7.6		947		7.6
Administrative expenses		62		1.1		59		0.5
Selling expenses		305		5.5		719		5.8
Other Operating expenses (income), net		-		-		1		0.0
Income from operations		58		1.0		168		1.4
Depreciation		17		0.3		38		0.3
Amortization & other non-cash charges		11		0.2		19		0.2
Operative Cash Flow		86		1.5		225		1.8

⁽¹⁾ Monthly average information per store, considering same stores with more than twelve months of operations.

(A) % Org. represents the variation in a given measure excluding the effects of mergers, acquisitions and divestitures of FEMSA Comercio. In preparing this measure, management has used its best judgment, estimates and assumptions in order to maintain comparability. The Socofar acquisition began to consolidate only in FEMSA's Balance Sheet as of September, 30, 2015.

October 28, 2015

Coca-Cola FEMSA

Results of Operations

Millions of Pesos

	For the third quarter of:											For the nine months of:
	2015		% of rev.		2014		% of rev.		% Var.			2015		% of rev.		2014		% of rev.		% Var.
Total revenues		37,661		100.0		41,781		100.0		(9.9	)		109,513		100.0		123,114		100.0		(11.0	)
Cost of sales		19,727		52.4		22,196		53.1		(11.1	)		57,856		52.8		65,478		53.2		(11.6	)
Gross profit		17,934		47.6		19,585		46.9		(8.4	)		51,656		47.2		57,636		46.8		(10.4	)
Administrative expenses		1,579		4.2		1,811		4.3		(12.8	)		4,650		4.2		5,368		4.4		(13.4	)
Selling expenses		10,418		27.7		11,629		27.9		(10.4	)		30,508		28.0		34,907		28.3		(12.6	)
Other Operating expenses (income), net		470		1.2		320		0.8		46.9			789		0.7		845		0.7		(6.6	)
Income from operations		5,467		14.5		5,825		13.9		(6.1	)		15,709		14.3		16,516		13.4		(4.9	)
Depreciation		1,585		4.2		1,520		3.6		4.3			4,659		4.3		4,836		3.9		(3.7	)
Amortization & other non-cash charges		936		2.5		663		1.7		41.2			1,567		1.4		1,851		1.5		(15.3	)
Operative Cash Flow		7,988		21.2		8,008		19.2		(0.3	)		21,935		20.0		23,203		18.8		(5.5	)
CAPEX		2,681				2,947				(9.0	)		6,977				6,994				(0.3	)

Sales volumes
(Millions of unit cases)
Mexico and Central America	509.1	58.9	497.0	58.1	2.5		1,453.7	57.6	1,445.1	57.3	0.6
South America	197.2	22.8	191.9	22.4	2.8		579.2	22.9	557.7	22.1	3.9
Brazil	158.3	18.3	166.5	19.5	(4.9	)	489.1	19.4	517.7	20.5	(5.5	)
Total	864.8	100.0	855.4	100.0	1.1		2,522.1	99.9	2,520.6	99.9	0.1

October 28, 2015

FEMSA

Macroeconomic Information

							End of period, Exchange Rates
	Inflation						Sep-15				Dec-14
	3Q 2015			LTM⁽¹⁾ Sep-15			Per USD		Per Mx. Peso		Per USD		Per Mx. Peso
Mexico		-1.04	%		2.69	%		17.01		1.0000		14.72		1.0000
Colombia		0.50	%		4.18	%		3,121.94		0.0054		2,392.46		0.0062
Venezuela		15.35	%		72.74	%		199.42		0.0853		49.99		0.2944
Brazil		2.31	%		8.78	%		3.97		4.2808		2.66		5.5410
Argentina		3.63	%		14.87	%		9.42		1.8051		8.55		1.7212
Euro Zone		1.21	%		0.69	%		0.89		19.1861		0.82		17.9264

⁽¹⁾ LTM = Last twelve months

October 28, 2015

2015 THIRD - QUARTER AND FIRST NINE MONTHS RESULTS

Mexico City, October 28, 2015, Coca-Cola FEMSA, S.A.B. de C.V. (BMV: KOFL, NYSE: KOF) (“Coca-Cola FEMSA” or the “Company”), the largest franchise bottler in the world, announces results for the third quarter of 2015:

Comparable revenues grew 10.2% for the third quarter of 2015.

Comparable operating income grew 16.4% for the third quarter of 2015 with a margin expansion of 70 basis points.

Comparable operative cash flow grew 21.0% for the third quarter of 2015 with a margin expansion of 190 basis points.

Comparable earnings per share reached Ps. 0.86 in the third quarter of 2015. Excluding a one-time tax benefit registered during the third quarter of 2014, comparable EPS would have grown 5.7%.

In an effort to provide our readers with a more useful representation of our company's underlying financial and operating performance we are including the term “Comparable”. This means, with respect to a year-over-year comparison, the change in a given measure excluding the effects of (1) mergers, acquisitions and divestitures, (2) translation effects resulting from exchange rate movements and (3) the results of hyperinflationary economies in both periods. Currently, the only operation that qualifies as a hyperinflationary economy is Venezuela. In preparing this measure, management has used its best judgment, estimates and assumptions in order to maintain comparability. To translate the third quarter and year to date 2015 reported results of Venezuela we use the SIMADI exchange rate of 199.42 bolivars per USD, as compared with 12.00 bolivars per USD in the same periods of 2014. Additionally, the average depreciation of currencies in our main operations this quarter, as compared with the same period of 2014, was: Brazilian real (55.9%), Colombian peso (54.0%), Mexican peso (25.1%) and Argentine peso (11.5%).

	Third Quarter										Year to Date Results
	as Reported					Comparable					as Reported					Comparable
	2015		D%			2015		D% ⁽⁵⁾			2015		D%			2015		D% ⁽⁵⁾

Total revenues		37,661		(9.9	)%		35,945		10.2	%		109,513		(11.0	)%		105,027		8.1	%
Gross profit		17,934		(8.4	)%		17,092		12.5	%		51,656		(10.4	)%		49,400		9.8	%
Operating income		5,467		(6.1	)%		5,186		16.4	%		15,709		(4.9	)%		15,095		15.5	%
Net income attributable to equity holders of the company		1,988		(40.5	)%		1,783		(30.9	)%		6,918		(17.8	)%		6,498		(5.6	)%
Earnings per share ⁽¹⁾		0.96					0.86					3.34					3.13
Operative cash flow⁽²⁾		7,988		(0.3	)%		7,584		21.0	%		21,935		(5.5	)%		20,914		13.1	%

	LTM 3Q 15			FY 2014			Δ%

Net debt ⁽³⁾		56,863			53,069			7.1	%
Net debt / Operative cash flow⁽³⁾		1.89			1.87
Operative cash flow/ Interest expense, net ⁽³⁾		5.72			5.49
Capitalization ⁽⁴⁾		43.0	%		37.7	%

Expressed in millions of Mexican pesos.

⁽¹⁾

Quarterly & YTD earnings / outstanding shares as of the end of period. Outstanding shares as of 3Q'15 were 2,072.9 million.

⁽²⁾

Operative cash flow = operating income + depreciation + amortization & other operative non-cash charges.

⁽³⁾

Net debt = total debt - cash

⁽⁴⁾

Total debt / (long-term debt + shareholders' equity)

⁽⁵⁾

Comparable: with respect to a year over year comparison, the change in a given measure excluding the effects of (1) mergers, acquisitions and divestitures, (2) translation effects resulting from exchange rate movements and (3) the results of hyperinflationary economies in both periods.

October 28, 2015

Page 1

Message from the Chief Executive Officer

“We delivered positive comparable operating results this quarter aided by our local pricing initiatives, active hedging strategy, and focus on operational efficiency, enabling us to deliver a solid margin expansion. In Mexico, volume and transaction growth continued to accelerate as our relentless emphasis on point-of-sale execution, combined with our brand strength and packaging diversification, better position us to capture a recovering consumer environment. Once again, we built on our very strong year-over-year volume and pricing growth in Colombia, while we gained market share and continued our solid top- and bottom-line performance in Argentina. Moreover, in Brazil, we continued to gain market share in the sparkling beverage category and improved our profitability despite a weak consumer environment, one-time expenses, and ongoing currency volatility, reinforcing the strong defensive profile of that operation. In Asia, we continued our successful turnaround of the Philippines operation, accelerating the volume growth of our core portfolio and achieving more consistent improvement in our profitability.

This year, we continued to drive innovation throughout our portfolio. In Brazil, we complemented our guaraná platform with Schweppes Guaraná Class and bolstered our Leao Fuze tea portfolio. In Mexico, we reinforced our sparkling beverage portfolio, leveraging the innovative Jugos del Valle platform to launch Naranja & Nada and Limon & Nada, sparkling orangeade and lemonade, which are certain to appeal to our consumers. Also in Mexico, we reinforced Santa Clara’s portfolio by launching semi-skim milk, which will strengthen the successful performance of our Santa Clara dairy brand this year.

As we continue to revolutionize our organization’s capabilities, skills, and operating models to capture profitable future growth, we remain focused on the short term: successfully navigating the current complex environment, delivering profitable results, and continuing to create value for all of our stakeholders,” said John Santa Maria Otazua, Chief Executive Officer of the Company.

Consolidated Results

Comparable means, with respect to a year-over-year comparison, the change in a given measure excluding the effects of (1) mergers, acquisitions and divestitures, (2) translation effects resulting from exchange rate movements and (3) the results of hyperinflationary economies in both periods. From our operations, only Venezuela qualifies as a hyperinflationary economy.

Comparable total revenues grew 10.2% to Ps. 35,945 million driven by average price per unit case growth across our operations and volume growth in Mexico, Colombia, Argentina and Central America.

The comparable number of transactions grew 1.4% to more than 4.7 billion. Transactions of our sparkling beverage portfolio remained flat driven by a contraction in Brazil which was offset by growth in the rest of our operations, highlighting 3.4% growth in Argentina and an increase of 2.7% and 2.3% in Colombia and Mexico, respectively. Transactions of water, including bulk water, grew 2.5% driven by the performance of Colombia which offset a contraction in Mexico. Our still beverage category increased transactions by 10.2%, mainly driven by Colombia, Mexico, Argentina and Central America.

Comparable sales volume grew 1.5% to 804.1 million unit cases in the third quarter of 2015 as compared to the same period in 2014. Our sparkling beverage portfolio grew 0.8% mainly driven by Mexico and Colombia, which offset a contraction in Brazil. Volume of our bottled water portfolio increased 2.1% driven by Brisa and Manantial in Colombia, Aquarius and Bonaqua in Argentina and Crystal in Brazil, which compensated for a decline of Ciel in Mexico. Our still beverage category increased 14.3% driven by Vallefrut, Del Valle, Santa Clara and Powerade in Mexico; Cepita, Hi-C and Powerade in Argentina and Del Valle Fresh in Colombia. Volume of our bulk water portfolio decreased 0.7% mainly due to a decline of Ciel in Mexico.

Comparable gross profit grew 12.5% to Ps. 17,092 million with a gross margin expansion of 100 basis points in the period. In local currency, the benefit of lower sweetener and PET prices, in combination with our currency hedging strategy, was partially offset by the depreciation of the average exchange rate of the Brazilian Real⁽¹⁾, the Colombian Peso⁽¹⁾, the Mexican Peso⁽¹⁾ and the Argentine Peso⁽¹⁾ as applied to our U.S. dollar-denominated raw material costs.

October 28, 2015

Page 2

Comparable operating income grew 16.4% to Ps. 5,186 million with a margin expansion of 70 basis points to reach 14.4% in the third quarter of 2015.

On a comparable basis, during the third quarter of 2015 the other operative expenses net line recorded an expense of Ps. 331 million, mainly due to certain restructuring charges and negative operating currency fluctuation effects across our territories.

The comparable reported share of the profits of associates and joint ventures line recorded a loss of Ps. 124 million in the third quarter of 2015, mainly due to an equity method loss from our stake in Coca-Cola FEMSA Philippines, Inc., net of gains recorded in our participation in Mexico’s and Brazil’s non-carbonated beverage joint-ventures. This compares to a loss of Ps. 220 million recorded in the third quarter of 2014.

Our comparable comprehensive financing result in the third quarter of 2015 recorded an expense of Ps. 2,316 million, as compared to an expense of Ps. 1,649 million in the same period of 2014. During the quarter we registered a foreign exchange loss as a result of the quarterly depreciationof the Mexican peso⁽¹⁾ as applied to our US dollar-denominated net debt position of approximately US$ 700 million.

During the third quarter of 2015, comparable income tax as a percentage of income before taxes was 34.4% as compared to 10.4% in the same period of 2014. The difference between the effective tax rate in 2015 and 2014 is related to a one-time benefit registered during 2014 resulting from the settlement of certain contingent tax liabilities under the tax amnesty program offered by the Brazilian tax authorities.

Comparable operative cash flow grew 21.0% to Ps. 7,584 million with a margin expansion of 190 basis points as compared to the same period of 2014.

Comparable net controlling interest income reached Ps. 1,783 million in the third quarter of 2015, resulting in earnings per share (EPS) of Ps. 0.86 (Ps. 8.60 per ADS)⁽²⁾. Excluding the one-time tax benefit registered during the third quarter of 2014, comparable net controlling interest income and EPS would have grown 5.7%.

As reported figures

Total sales volume grew 1.1% to 864.7 million unit cases in the third quarter of 2015 as compared to the same period in 2014. Total revenues decreased 9.9% to Ps. 37,661 million in the third quarter of 2015, mainly driven by the negative translation effect resulting from using the SIMADI exchange rate⁽¹⁾ to translate the results of our Venezuelan operation and the depreciation of the Brazilian real⁽¹⁾ and Colombian peso⁽¹⁾.

Gross profit decreased 8.4% to Ps. 17,934 million and gross margin expanded 70 basis points to 47.6%. Operating income declined 6.1% to Ps. 5,467 million and operating margin expanded 60 basis points to 14.5%. Operative cash flow decreased 0.3% to Ps. 7,988 million and operating cash flow margin expanded 200 basis points to reach 21.2%. These declines were mainly driven by the previously mentioned negative translation effects.

Reported consolidated net controlling interest income reached Ps. 1,988 million in the third quarter of 2015, resulting in reported earnings per share (EPS) of Ps. 0.96 (Ps. 9.59 per ADS)⁽²⁾.

(1)

See page 17 for average and end of period exchange rates for the third quarter of 2015 and the first nine months of 2015.

(2)

Computed on the basis 2,072.9 million shares (each ADS represents 10 local shares).

October 28, 2015

Page 3

Balance Sheet

As of September 30, 2015, we had a cash balance of Ps. 17,425 million, including US$ 521 million denominated in U.S. dollars, an increase of Ps. 4,467 million compared to December 31, 2014. This difference was mainly driven by cash flow generation across our territories and the effect of the depreciation of the Mexican peso⁽¹⁾ as applied to our U.S. dollar denominated cash position, net of the payment of the first installment of the dividend in the amount of Ps. 3,213 million, during May of 2015.

As of September 30, 2015, total short-term debt was Ps. 5,469 million and long-term debt was Ps. 68,819 million. Total debt increased by Ps. 8,261 million, compared to year end 2014 mainly due to the negative translation effect resulting from the depreciation of the end of period exchange rate of the Mexican peso⁽¹⁾ as applied to our U.S. dollar denominated debt position. Net debt increased Ps. 3,794 million compared to year end 2014.

As a result of the devaluation of the Brazilian real⁽¹⁾ and the Colombian peso⁽¹⁾, and the use of the SIMADI exchange rate⁽¹⁾ to translate the results of our Venezuelan subsidiary, we recognized in the cumulative translation account in our consolidated financial statements as of September 30, 2015, a reduction in equity of Ps. 7,900 million as a result of the valuation of our net investment in Venezuela, Brazil and Colombia at these rates.

The weighted average cost of debt for the quarter, including the effect of debt swapped to Brazilian reals at a floating rate, was 8.2%. The following charts set forth the Company’s debt profile by currency and interest rate type and by maturity date as of September 30, 2015.

Currency	% Total Debt⁽¹⁾			% Interest Rate Floating⁽¹⁾⁽²⁾
Mexican pesos		30.4	%		24.9	%
U.S. dollars		34.2	%		0.0	%
Colombian pesos		1.8	%		100.0	%
Brazilian reals		32.7	%		95.3	%
Argentine pesos		0.9	%		85.4	%

(1)

After giving effect to interest rate swaps

(2)

Calculated by weighting each year’s outstanding debt balance mix

Debt Maturity Profile

Maturity Date

2015

2016

2017

2018

2019

2020+

% of Total Debt

0.3

7.6

1.9

30.6

0.2

59.4

(1)

See page 17 for average and end of period exchange rates for the third quarter of 2015 and the first nine months of 2015.

October 28, 2015

Page 4

Mexico & Central America Division

(Mexico, Guatemala, Nicaragua, Costa Rica and Panama)

Comparable total revenues from our Mexico and Central America division increased 8.9% to Ps. 20,821 million in the third quarter of 2015, as compared to the same period in 2014, mainly driven by accelerated volume growth and a solid 7.5% average price per unit case increase in Mexico. Our division’s average price per unit case, which is presented net of taxes, grew 6.4%, reaching Ps. 40.87.

Total transactions in the Mexico and Central America division grew 2.5%, in line with volume performance, totaling more than 2.8 billion in the third quarter of 2015. Transactions of our sparkling beverage portfolio grew 2.2% mainly driven by a 1.7% increase in transactions of brand Coca-Cola in Mexico and a 5.8% and 8.0% increase in flavored sparkling beverages in Mexico and Central America, respectively. Our still beverage category increased transactions by 10.6%, mainly driven by Mexico, which generated more than 23 million incremental transactions. Transactions of water, including bulk water, decreased 4.0% driven by a decline in Mexico.

Total sales volume increased 2.4% to 509.1 million unit cases in the third quarter of 2015, as compared to the same period of 2014. Volume in Mexico increased 2.5% and volume in Central America increased 1.8%. Our sparkling beverage category increased 2.9% driven by growth of brand Coca-Cola, Mundet and Fanta in Mexico. Our still beverage category grew 16.6% mainly driven by the performance of Vallefrut and the Del Valle juice portfolio, coupled with our Santa Clara dairy business in Mexico. Our personal water portfolio decreased 5.9% and our bulk water portfolio decreased 1.4%.

Comparable gross profit grew 10.3% to Ps. 10,589 million in the third quarter of 2015 as compared to the same period in 2014, with a margin expansion of 70 basis points to reach 50.9%. Lower PET and sweetener prices in the division, in combination with our currency hedging strategy, were partially offset by the depreciation of the average exchange rate of the Mexican peso⁽¹⁾ as applied to our U.S. dollar-denominated raw material costs.

Comparable operating income⁽²⁾ in the division grew 14.9% to Ps. 3,382 million in the third quarter of 2015, with a margin expansion of 80 basis points to reach 16.2%. Our operating expenses in the division as a percentage of sales contracted 60 basis points mainly driven by operating leverage and our Mexican operation’s tight control of expenses.

Comparable operative cash flow grew 20.9% to Ps. 5,077 million in the third quarter of 2015 as compared to the same period in 2014. Our comparable operative cash flow margin was 24.4%, an expansion of 240 basis points.

As reported figures

Reported total revenues increased 12.1% in the third quarter of 2015, driven by the aforementioned accelerated volume growth and solid average price per unit case increase in Mexico, coupled with a positive translation effect that resulted from the appreciation of the currencies in our Central American operations vs the Mexican peso.

Reported gross profit increased 13.1% in the third quarter of 2015 and gross profit margin reached 50.9%. Our reported operating income increased 17.9% in the third quarter of 2015, and operating income margin reached 16.2%. Reported operative cash flow increased 24.0% in the third quarter of 2015, resulting in a margin of 24.4%.

(1)

See page 17 for average and end of period exchange rates for the third quarter and the first nine months of 2015.

(2)

October 28, 2015

Page 5

South America Division

(Colombia, Venezuela, Brazil and Argentina)

Comparable total revenues grew 12.1% reaching Ps. 15,124 million, driven by average price per unit case growth across our territories and volume growth in Colombia and Argentina. Revenues of beer in Brazil accounted for Ps. 1,364 million in the third quarter of 2015.

Comparable transactions in the division decreased 0.3% totaling more than 1.9 billion in the third quarter of 2015. Transactions of our sparkling beverage portfolio decreased 3.2%, mainly driven by a 7.5% decline in Brazil. Our still beverage category increased transactions by 9.7%, driven by Colombia and Argentina. Transactions of water, including bulk water, increased 14.5% driven by growth across the operations.

Comparable total sales volume in our South America division decreased 0.2% to 295.0 million unit cases in the third quarter of 2015 as compared to the same period of 2014. Our water category, including bulk water, grew 11.1% driven by Aquarius, Kin and Bonaqua in Argentina, Brisa and Manantial in Colombia and Crystal in Brazil. The still beverage category grew 11.0% favored by the performance of Del Valle Fresh and Fuze Tea in Colombia, and Cepita, Hi-C and Powerade in Argentina. Our sparkling beverage category decreased 2.3%, driven by a 5.8% decline in Brazil, which was partially offset by growth Colombia and flat volumes in Argentina. We continue to gain market share with Coca-Cola and our flavored sparkling beverages in every country in the region.

Comparable gross profit increased 16.0% with a margin expansion of 140 basis points, as a result of lower sweetener and PET prices, in combination with our currency hedging strategy, that were partially offset by the depreciation of the average exchange rate of most of our division’s currencies⁽¹⁾ as applied to our U.S. dollar-denominated raw material costs

Comparable operating income grew 18.6% to Ps. 1,804 million, with a margin expansion of 60 basis points as compared to the same period of the previous year.

Comparable operative cash flow grew 20.6% to Ps. 2,508 million, reaching an operative cash flow margin of 16.6% and recording a margin expansion of 120 basis points as compared to the same period of 2014.

As reported figures

Reported total revenues decreased 27.4% to Ps. 16,840 million in the third quarter of 2015, mainly driven by the negative translation effect that resulted from using the SIMADI exchange rate⁽¹⁾ to translate the results of our Venezuelan operation and the depreciation of the Brazilian real and the Colombian peso.

Reported gross profit decreased 28.1% to Ps. 7,345 million in the third quarter of 2015 and gross profit margin reached 43.6%. Our reported operating income decreased 29.5% to Ps. 2,085 million in the third quarter of 2015, and operating income margin reached 12.4%. Reported operative cash flow decreased 25.6% to reach Ps. 2,911 million in the third quarter of 2015, resulting in a margin of 17.3%. These declines were mainly driven by the previously mentioned negative translation effect.

(1)

See page 17 for average and end of period exchange rates for the third quarter and the first nine months of 2015.

October 28, 2015

Page 6

Summary of Nine-Month Results

Comparable means, with respect to a year-over-year comparison, the change in a given measure excluding the effects of (1) mergers, acquisitions and divestitures, (2) translation effects resulting from exchange rate movements and (3) the results of hyperinflationary economies in both periods. From our operations only Venezuela qualifies as a hyperinflationary economy.

Comparable total revenues grew 8.1% reaching Ps. 105,027 million, driven by average price per unit case growth in most of our operations and volume growth in Mexico, Colombia, Argentina and Central America.

The comparable number of transactions grew 0.5% to close to 14 billion, outperforming volume growth. Transactions of our sparkling beverage portfolio decreased 0.1% mainly driven by a 5.4% contraction in Brazil, which is partially compensated by growth in the rest of the operations. Our still beverage category increased transactions by 4.8%, mainly driven by Colombia, Argentina and Mexico. Transactions of water, including bulk water, increased 1.0% driven by the performance of Colombia and Argentina.

Comparable total sales volume decreased 0.1% to 2,342.8 million unit cases in the first nine months of 2015 as compared to the same period in 2014. Our sparkling beverage portfolio decreased 0.1% driven by a contraction in Brazilian volumes that were partially compensated by the positive performance in the rest of our operations. Volume of our bottled water portfolio increased 5.4% driven by Aquarius and Bonaqua in Argentina and Brisa and Manantial in Colombia. Our still beverage category increased 5.3% driven by the performance of the Del Valle portfolio and Santa Clara dairy in Mexico; Cepita, Hi-C and Powerade in Argentina and Del Valle Fresh in Colombia. Volume of our bulk water portfolio decreased 6.0% mainly due to a decline of Ciel in Mexico.

Comparable gross profit grew 9.8% to Ps. 49,400 million with a gross margin expansion of 70 basis points in the period. In local currency, the benefit of lower sweetener and PET prices in most of our territories, coupled with our currency hedging strategy, was partially offset by the depreciation of the average exchange rate of the Brazilian Real, the Colombian Peso, the Mexican Peso and the Argentine Peso⁽¹⁾ as applied to our U.S. dollar-denominated raw material costs.

Comparable operating income increased 15.5% to Ps. 15,095 million with a margin expansion of 90 basis points to reach 14.4% in the first nine months of 2015.

During the first nine months of 2015 the comparable other operative expenses net line recorded an expense of Ps. 707 million, mainly due to certain restructuring charges and negative operating currency fluctuation effects across our territories.

The comparable share of the profits of associates and joint ventures line recorded a gain of Ps. 66 million in the first nine months of 2015, mainly due to equity method gains from our stake in Mexico’s and Brazil’s non-carbonated beverage joint-ventures.

Our comparable comprehensive financing result in the first nine months of 2015 recorded an expense of Ps. 5,248 million, as compared to an expense of Ps. 3,793 million in the same period of 2014. During the year we registered a foreign exchange loss as a result of the depreciationof the Mexican peso⁽¹⁾ as applied to our US dollar-denominated net debt position of approximately US$700 million.

During the first nine months of 2015, comparable income tax as a percentage of income before taxes was 31.9% as compared to 25.5% in the same period of 2014. The difference between the effective tax rate in 2015 and 2014 is related to a one-time benefit registered during the third quarter of 2014, which resulted from the settlement of certain contingent tax liabilities under the tax amnesty program offered by the Brazilian tax authorities.

Comparable operative cash flow grew 13.1% to Ps. 20,914 million with a margin expansion of 90 basis points as compared to the same period of 2014.

Comparable consolidated net controlling interest income decreased 5.6% to Ps. 6,498 million in the first nine months of 2015, resulting in earnings per share (EPS) of Ps. 3.14 (Ps. 31.35 per ADS)⁽²⁾. Excluding the one-time tax benefit registered during the third quarter of 2014, comparable net controlling interest income and EPS would have grown 8.5% in the first nine months of 2015.

As reported figures

Total sales volume increased 0.1% to 2,522 million unit cases in the first half of 2015 as compared to the same period in 2014. Total revenues decreased 11.0% to Ps. 109,513 million in the first nine months of 2015, mainly driven by the negative translation effect resulting from using the SIMADI exchange rate⁽¹⁾ to translate the results of our Venezuelan operation and the depreciation of the Brazilian real and Colombian peso.

Gross profit decreased 10.4% to Ps. 51,656 million and gross margin reached 47.2% in the first nine months of 2015. Operating income declined 4.9% to Ps. 15,709 million with an operating margin expansion of 90 basis points. Operative cash flow decreased 5.5% to Ps. 21,935 million and operating cash flow margin expanded 120 basis points to reach 20.0%. These declines were mainly driven by the previously mentioned negative translation effects.

Consolidated net controlling interest income was Ps. 6,918 million in the first nine months of 2015, resulting in reported earnings per share (EPS) of Ps. 3.34 (Ps. 33.37 per ADS)⁽²⁾.

(1)

See page 17 for average and end of period exchange rates for in the third quarter and the first nine months of 2015.

(2)

Computed on the basis 2,072.9 million shares (each ADS represents 10 local shares).

October 28, 2015

Page 7

Philippines Operation

For the third quarter of 2015, volume rose 4.8%, while transactions grew by 2.5% and revenue increased by close to 12%, as compared to the same period of 2014. Volume of our core sparkling beverages grew 10.6% and transactions continued to outperform volume growth mainly driven by the positive performance of the one-way single serve portfolio for flavored sparkling beverages. As a consequence of our transformational initiatives, the Philippines operation continues delivering positive operational results, which have driven important improvements in this franchises financial performance.

Recent developments

During September, 2015, Coca-Cola FEMSA was selected for the third time as a member of the Dow Jones Sustainability Emerging Markets Index.

As of November, 2015 we will pay the second installment of the 2014 dividend in the amount of Ps. 1.54 per share.

Conference call information

Our third quarter 2015 conference call will be held on October 28, 2015, at 12:00 A.M. Eastern Time (10:00 A.M. Mexico City Time). To participate in the conference call, please dial: Domestic U.S.: 888-437-9445 or International: 719-325-2448. Participant code: 103131. We invite investors to listen to the live audiocast of the conference call on the Company’s website, www.coca-colafemsa.com. If you are unable to participate live, the conference call audio will be available at www.coca-colafemsa.com.

v v v

All the financial information presented in this report was prepared under International Financial Reporting Standards (IFRS).

For reporting purposes, all corporate expenses, including the equity method recorded from our stake of the results of Coca-Cola FEMSA Philippines, Inc., are included in the results of the Mexico and Central America division. Starting on February 2013, we are incorporating our stake of the results of Coca-Cola FEMSA Philippines, Inc. through the equity method on an estimated basis.

This news release may contain forward-looking statements concerning Coca-Cola FEMSA’s future performance, which should be considered as good faith estimates by Coca-Cola FEMSA. These forward-looking statements reflect management’s expectations and are based upon currently available data. Actual results are subject to future events and uncertainties, many of which are outside Coca-Cola FEMSA’s control, which could materially impact the Company’s actual performance. References herein to “US$” are to United States dollars. This news release contains translations of certain Mexican peso amounts into U.S. dollars for the convenience of the reader. These translations should not be construed as representations that Mexican peso amounts actually represent such U.S. dollar amounts or could be converted into U.S. dollars at the rate indicated.

v v v

(9 pages of tables to follow)

Mexican Stock Exchange Quarterly Filing

Coca-Cola FEMSA encourages the reader to refer to our quarterly filing to the Mexican Stock Exchange (Bolsa Mexicana de Valores or BMV) for more detailed information. This filing contains a detailed cash flow statement and selected notes to the financial statements, including segment information. This filing is available at www.bmv.com.mx in the Información Financiera section for Coca-Cola FEMSA (KOF).

October 28, 2015

Page 8

Consolidated Income Statement

Expressed in millions of Mexican pesos⁽¹⁾

	3Q 15			% Rev			3Q 14			% Rev			Reported Δ%			YTD 15			% Rev			YTD 14			% Rev			Reported Δ%
Volume (million unit cases) ⁽²⁾		864.7						855.4						1.1	%		2,522.0						2,520.5						0.1	%
Average price per unit case ⁽²⁾		41.84						46.88						-10.7	%		41.96						46.83						-10.4	%
Net revenues		37,542						41,689						-9.9	%		109,171						122,883						-11.2	%
Other operating revenues		119						92						29.3	%		341						231						47.7	%
Total revenues ⁽³⁾		37,661			100	%		41,781			100	%		-9.9	%		109,513			100	%		123,114			100	%		-11.0	%
Cost of goods sold		19,727			52.4	%		22,196			53.1	%		-11.1	%		57,856			52.8	%		65,478			53.2	%		-11.6	%
Gross profit		17,934			47.6	%		19,585			46.9	%		-8.4	%		51,656			47.2	%		57,636			46.8	%		-10.4	%
Operating expenses		11,997			31.9	%		13,440			32.2	%		-10.7	%		35,158			32.1	%		40,275			32.7	%		-12.7	%
Other operative expenses, net		346			0.9	%		103			0.2	%		235.9	%		855			0.8	%		462			0.4	%		85.0	%
Operative equity method (gain) loss in associates⁽⁴⁾⁽⁵⁾		124			0.3	%		217			0.5	%		-42.8	%		(66	)		-0.1	%		383			0.3	%		-117.2	%
Operating income ⁽⁶⁾		5,467			14.5	%		5,825			13.9	%		-6.1	%		15,709			14.3	%		16,516			13.4	%		-4.9	%
Other non operative expenses, net		184			0.5	%		(291	)		-0.7	%		-163.3	%		283			0.3	%		(233	)		-0.2	%		-221.2	%
Non Operative equity method (gain) loss in associates⁽⁷⁾		(51	)		-0.1	%		(24	)		-0.1	%		106.8	%		(124	)		-0.1	%		(96	)		-0.1	%		29.4	%
Interest expense		1,457						1,454						0.2	%		4,240						4,305						-1.5	%
Interest income		100						85						17.4	%		283						403						-29.7	%
Interest expense, net		1,357						1,369						-0.9	%		3,956						3,902						1.4	%
Foreign exchange loss (gain)		930						375						148.1	%		1,393						322						332.5	%
Loss (gain) on monetary position in inflationary subsidiries		(5	)					209						-102.6	%		27						744						-1.0
Market value (gain) loss on ineffective portion of derivative instruments		23						93						-75.7	%		(111	)					(67	)					66.3	%
Comprehensive financing result		2,305						2,046						12.7	%		5,265						4,901						7.4	%
Income before taxes		3,029						4,094						-26.0	%		10,286						11,944						-13.9	%
Income taxes		1,029						581						77.1	%		3,262						3,275						-0.4	%
Consolidated net income		2,000						3,513						-43.1	%		7,024						8,669						-19.0	%
Net income attributable to equity holders of the company		1,988			5.3	%		3,343			8.0	%		-40.5	%		6,918			6.3	%		8,415			6.8	%		-17.8	%
Non-controlling interest		12						170						-93.0	%		106						254						-58.4	%
Operating income ⁽⁶⁾		5,467			14.5	%		5,825			13.9	%		-6.1	%		15,709			14.3	%		16,516			13.4	%		-4.9	%
Depreciation		1,585						1,520						4.3	%		4,659						4,836						-3.7	%
Amortization and other operative non-cash charges		936						663						41.2	%		1,567						1,851						-15.3	%
Operative cash flow ⁽⁶⁾⁽⁸⁾		7,988			21.2	%		8,008			19.2	%		-0.3	%		21,935			20.0	%		23,203			18.8	%		-5.5	%

CAPEX		2,682						2,947									6,977						6,994

⁽¹⁾ Except volume and average price per unit case figures.

⁽²⁾ Sales volume and average price per unit case exclude beer results.

⁽³⁾ Includes total revenues of Ps. 18,058 million from our Mexican operation and Ps. 8,372 million from our Brazilian operation.

⁽⁴⁾ Includes equity method in Jugos del Valle, Coca-Cola Bottlers Philippines, Inc., Leao Alimentos and Estrella Azul, among others.

⁽⁵⁾As of February 2013, we are incorporating our stake of the results of Coca-Cola Bottlers Philippines, Inc. through the equity method on an estimated basis in this line.

⁽⁶⁾ The operating income and operative cash flow lines are presented as non-gaap measures for the convenience of the reader.

⁽⁷⁾ Includes equity method in PIASA, IEQSA, Beta San Miguel, IMER and KSP Participacoes.

⁽⁸⁾ Operative cash flow = operating income + depreciation, amortization & other operative non-cash charges.

October 28, 2015

Page 9

Comparable Income Statement ⁽⁹⁾

Expressed in millions of Mexican pesos⁽¹⁾

	3Q 15			% Rev			3Q 14			% Rev			Comparable Δ% ⁽⁹⁾			YTD 15			% Rev			YTD 14			% Rev			Comparable Δ% ⁽⁹⁾
Volume (million unit cases) ⁽²⁾		804.1						792.6						1.5	%		2,342.8						2,340.1						0.1	%
Average price per unit case ⁽²⁾		42.86						39.03						9.8	%		43.25						39.37						9.9	%
Net revenues		35,826						32,524						10.2	%		104,688						96,981						7.9	%
Other operating revenues		119						80						48.8	%		339						200						69.5	%
Total revenues ⁽³⁾		35,945			100	%		32,604			100	%		10.2	%		105,027			100	%		97,181			100	%		8.1	%
Cost of goods sold		18,853			52.4	%		17,409			53.4	%		8.3	%		55,627			53.0	%		52,193			53.7	%		6.6	%
Gross profit		17,092			47.6	%		15,195			46.6	%		12.5	%		49,400			47.0	%		44,988			46.3	%		9.8	%
Operating expenses		11,451			31.9	%		10,439			32.0	%		9.7	%		33,664			32.1	%		31,295			32.2	%		7.6	%
Other operative expenses, net		331			0.9	%		82			0.3	%		303.7	%		707			0.7	%		225			0.2	%		214.2	%
Operative equity method (gain) loss in associates⁽⁴⁾⁽⁵⁾		124			0.3	%		220			0.7	%		-43.6	%		(66	)		-0.1	%		394			0.4	%		-116.8	%
Operating income ⁽⁶⁾		5,186			14.4	%		4,454			13.7	%		16.4	%		15,095			14.4	%		13,074			13.5	%		15.5	%
Other non operative expenses, net		171			0.5	%		(183	)		-0.6	%		-193.5	%		230			0.2	%		(205	)		-0.2	%		-212.4	%
Non Operative equity method (gain) loss in associates⁽⁷⁾		(38	)		-0.1	%		(63	)		-0.2	%		-39.7	%		(73	)		-0.1	%		(71	)		-0.1	%		2.8	%
Interest expense		1,448						1,253						15.6	%		4,214						3,877						8.7	%
Interest income		85						25						240.0	%		249						307						-18.9	%
Interest expense, net		1,363						1,228						11.0	%		3,965						3,570						11.1	%
Foreign exchange loss (gain)		930						347						168.1	%		1,393						293						375.3	%
Loss (gain) on monetary position in inflationary subsidiries		-						-									1						-
Market value (gain) loss on ineffective portion of derivative instruments		23						74						-69.5	%		(111	)					(70	)					59.2	%
Comprehensive financing result		2,316						1,649						40.4	%		5,248						3,793						38.4	%
Income before taxes		2,737						3,051						-10.3	%		9,690						9,557						1.4	%
Income taxes		942						316						198.1	%		3,087						2,436						26.7	%
Consolidated net income		1,795						2,735						-34.4	%		6,603						7,121						-7.3	%
Net income attributable to equity holders of the company		1,783			5.0	%		2,582			7.9	%		-30.9	%		6,498			6.2	%		6,884			7.1	%		-5.6	%
Non-controlling interest		12						153						-92.2	%		105						237						-55.7	%
Operating income ⁽⁶⁾		5,186			14.4	%		4,454			13.7	%		16.4	%		15,095			14.4	%		13,074			13.5	%		15.5	%
Depreciation		1,546						1,704						-9.3	%		4,551						3,318						37.2	%
Amortization and other operative non-cash charges		852						796						7.0	%		1,268						1,191						6.5	%
Operative cash flow ⁽⁶⁾⁽⁸⁾		7,584			21.1	%		6,268			19.2	%		21.0	%		20,914			19.9	%		18,494			19.0	%		13.1	%

⁽¹⁾ Except volume and average price per unit case figures.

⁽²⁾ Sales volume and average price per unit case exclude beer results.

⁽³⁾ Includes total revenues of Ps. 18,058 million from our Mexican operation and Ps. 8,372 million from our Brazilian operation.

⁽⁴⁾ Includes equity method in Jugos del Valle, Coca-Cola Bottlers Philippines, Inc., Leao Alimentos and Estrella Azul, among others.

⁽⁵⁾As of February 2013, we are incorporating our stake of the results of Coca-Cola Bottlers Philippines, Inc. through the equity method on an estimated basis in this line.

⁽⁶⁾ The operating income and operative cash flow lines are presented as non-gaap measures for the convenience of the reader.

⁽⁷⁾ Includes equity method in PIASA, IEQSA, Beta San Miguel, IMER and KSP Participacoes.

⁽⁸⁾ Operative cash flow = operating income + depreciation, amortization & other operative non-cash charges.

⁽⁹⁾Comparable: with respect to a year over year comparison, the change in a given measure excluding the effects of (1) mergers, acquisitions and divestitures, (2) translation effects resulting from exchange rate movements and (3) the results of hyperinflationary economies in both periods.

October 28, 2015

Page 10

Consolidated Balance Sheet

Expressed in millions of Mexican pesos.

Assets	Sep-15			Dec-14
Current Assets
Cash, cash equivalents and marketable securities	Ps.	17,425		Ps.	12,958
Total accounts receivable		7,092			10,339
Inventories		7,675			7,819
Other current assets		6,044			7,012
Total current assets		38,236			38,128
Property, plant and equipment
Property, plant and equipment		78,082			81,354
Accumulated depreciation		(30,057	)		(30,827	)
Total property, plant and equipment, net		48,025			50,527
Investment in shares		17,715			17,326
Intangibles assets and other assets		89,606			97,024
Other non-current assets		19,193			9,361
Total Assets	Ps.	212,775		Ps.	212,366

Liabilities and Equity	Sep-15		Dec-14
Current Liabilities
Short-term bank loans and notes payable	Ps.	5,469	Ps.	1,206
Suppliers		11,821		14,151
Other current liabilities		15,359		13,046
Total current liabilities		32,649		28,403
Long-term bank loans and notes payable		68,819		64,821
Other long-term liabilities		7,562		9,024
Total liabilities		109,030		102,248
Equity
Non-controlling interest		3,719		4,401
Total controlling interest		100,026		105,717
Total equity ⁽¹⁾		103,745		110,118
Total Liabilities and Equity	Ps.	212,775	Ps.	212,366

⁽¹⁾ Includes the effect originated by the depreciation of the Brazilian real, the Colombian peso and the use of the state-run SIMADI exchange rate of 199.10 bolivars per U.S. dollar.

October 28, 2015

Page 11

Mexico & Central America Division

Expressed in millions of Mexican pesos⁽¹⁾

	3Q15		% Rev			3Q14		% Rev			Reported Δ%			Comparable Δ% ⁽⁷⁾			YTD 15		% Rev			YTD 14		% Rev			Reported Δ%			Comparable Δ% ⁽⁷⁾
Volume (million unit cases)		509.1					497.0					2.4	%		2.4	%		1,453.7					1,445.1					0.6	%		0.6	%
Average price per unit case		40.87					37.34					9.5	%		6.4	%		40.00					37.25					7.4	%		5.0	%
Net revenues		20,809					18,557					12.1	%		9.0	%		58,142					53,823					8.0	%		5.7	%
Other operating revenues		12					23					-47.0	%		-45.5	%		36					67					-46.2	%		-44.4	%
Total revenues ⁽²⁾		20,821		100.0	%		18,580		100.0	%		12.1	%		8.9	%		58,178		100.0	%		53,890		100.0	%		8.0	%		5.6	%
Cost of goods sold		10,232		49.1	%		9,215		49.6	%		11.0	%		7.5	%		28,411		48.8	%		26,573		49.3	%		6.9	%		4.3	%
Gross profit		10,589		50.9	%		9,365		50.4	%		13.1	%		10.3	%		29,768		51.2	%		27,317		50.7	%		9.0	%		6.9	%
Operating expenses		6,784		32.6	%		6,187		33.3	%		9.7	%		6.9	%		19,414		33.4	%		18,189		33.8	%		6.7	%		4.7	%
Other operative expenses, net		303		1.5	%		75		0.4	%		304.1	%		304.0	%		569		1.0	%		216		0.4	%		163.2	%		163.0	%
Operative equity method (gain) loss in associates ⁽³⁾⁽⁴⁾		119		0.6	%		234		1.3	%		-48.9	%		-48.7	%		3		0.0	%		463		0.9	%		-99.3	%		-99.1	%
Operating income ⁽⁵⁾		3,382		16.2	%		2,869		15.4	%		17.9	%		14.9	%		9,782		16.8	%		8,449		15.7	%		15.8	%		13.4	%
Depreciation, amortization & other operative non-cash charges		1,695		8.1	%		1,224		6.6	%		38.4	%		35.1	%		3,890		6.7	%		3,600		6.7	%		8.0	%		6.1	%
Operative cash flow ⁽⁵⁾⁽⁶⁾		5,077		24.4	%		4,093		22.0	%		24.0	%		20.9	%		13,671		23.5	%		12,049		22.4	%		13.5	%		11.2	%

⁽¹⁾ Except volume and average price per unit case figures.

⁽²⁾Includes total revenues of Ps. 18,058 million from our Mexican operation.

⁽³⁾ Includes equity method in Jugos del Valle, Coca-Cola Bottlers Philippines, Inc. and Estrella Azul, among others.

⁽⁴⁾ As of February 2013, we are incorporating our stake of the results of Coca-Cola Bottlers Philippines, Inc. through the equity method on an estimated basis in this line.

⁽⁵⁾ The operating income and operative cash flow lines are presented as non-gaap measures for the convenience of the reader.

⁽⁶⁾ Operative cash flow = operating income + depreciation, amortization & other operative non-cash charges.

⁽⁷⁾Comparable: with respect to a year over year comparison, the change in a given measure excluding the effects of (1) mergers, acquisitions and divestitures, (2) translation effects resulting from exchange rate movements and (3) the results of hyperinflationary economies in both periods.

October 28, 2015

Page 12

Comparable South America Division ⁽⁷⁾

Expressed in millions of Mexican pesos⁽¹⁾

	3Q15		% Rev			3Q14			% Rev			Comparable Δ% ⁽⁷⁾			YTD 15			% Rev			YTD 14			% Rev			Comparable Δ% ⁽⁷⁾
Volume (million unit cases)		295.0					295.6						-0.2	%		889.1						895.0						-0.7	%
Average price per unit case		46.28					40.06						15.5	%		48.57						41.46						17.2	%
Net revenues		15,017					13,430						11.8	%		46,546						41,960						10.9	%
Other operating revenues		107					58						84.5	%		305						136						124.3	%
Total revenues ⁽²⁾		15,124		100.0	%		13,488			100.0	%		12.1	%		46,851			100.0	%		42,096			100.0	%		11.3	%
Cost of goods sold		8,621		57.0	%		7,882			58.4	%		9.4	%		27,220			58.1	%		24,945			59.3	%		9.1	%
Gross profit		6,503		43.0	%		5,606			41.6	%		16.0	%		19,631			41.9	%		17,151			40.7	%		14.5	%
Operating expenses		4,667		30.9	%		4,091			30.3	%		14.1	%		14,248			30.4	%		12,753			30.3	%		11.7	%
Other operative expenses, net		27		0.2	%		8			0.1	%		237.5	%		139			0.3	%		8			0.0	%		1637.5	%
Operative equity method (gain) loss in associates ⁽³⁾⁽⁴⁾		5		0.0	%		(14	)		-0.1	%		-135.7	%		(70	)		-0.1	%		(69	)		-0.2	%		1.4	%
Operating income ⁽⁵⁾		1,804		11.9	%		1,521			11.3	%		18.6	%		5,314			11.3	%		4,459			10.6	%		19.2	%
Depreciation, amortization & other operative non-cash charges		704		4.7	%		558			4.1	%		26.2	%		1,930			4.1	%		1,756			4.2	%		9.9	%
Operative cash flow ⁽⁵⁾⁽⁶⁾		2,508		16.6	%		2,079			15.4	%		20.6	%		7,244			15.5	%		6,215			14.8	%		16.6	%

⁽¹⁾ Except volume and average price per unit case figures.

⁽²⁾ Sales volume and average price per unit case exclude beer results.

⁽³⁾ Includes total revenues of Ps. 8,372 million from our Brazilian operation.

⁽⁴⁾ Includes equity method in Leao Alimentos, among others.

⁽⁵⁾ The operating income and operative cash flow lines are presented as non-gaap measures for the convenience of the reader.

⁽⁶⁾ Operative cash flow = operating income + depreciation, amortization & other operative non-cash charges.

Venezuela Operation

Expressed in millions of Mexican pesos⁽¹⁾

	3Q15			% Rev			3Q14		% Rev			Reported Δ%			Comparable Δ% ⁽³⁾			YTD 15			% Rev			YTD 14		% Rev			Reported Δ%			Comparable Δ% ⁽³⁾
Volume (million unit cases)		60.5						62.8					-3.6	%		-3.6	%		179.2						180.4					-0.6	%		-0.7	%
Average price per unit case		28.35						117.17					-75.8	%		217.9	%		25.02						122.81					-79.6	%		167.9	%
Net revenues		1,716						7,358					-76.7	%		206.4	%		4,485						22,155					-79.8	%		166.2	%
Other operating revenues		(0	)					5					-100.0	%		0.0	%		(0	)					20					-100.0	%		-100.0	%
Total revenues		1,716			100.0	%		7,363		100.0	%		-76.7	%		206.4	%		4,485			100.0	%		22,175		100.0	%		-79.8	%		165.9	%
Cost of goods sold		875			51.0	%		3,703		50.3	%		-76.4	%		210.3	%		2,229			49.7	%		10,985		49.5	%		-79.7	%		166.7	%
Gross profit		841			49.0	%		3,660		49.7	%		-77.0	%		202.5	%		2,255			50.3	%		11,190		50.5	%		-79.8	%		165.0	%
Operating expenses		545			31.8	%		2,473		33.6	%		-78.0	%		189.4	%		1,494			33.3	%		7,862		35.5	%		-81.0	%		149.7	%
Other operative expenses, net		16			0.9	%		15		0.2	%		4.4	%		1500.0	%		149			3.3	%		233		1.1	%		-36	%		728	%
Operating income		281			16.4	%		1,172		15.9	%		-76.1	%		215.7	%		614			13.7	%		3,095		14.0	%		-80.2	%		161.3	%
Depreciation, amortization & other operative non-cash charges		123			7.2	%		290		3.9	%		-57.6	%		459.1	%		406			9.1	%		1,110		5.0	%		-63.4	%		383.3	%
Operative cash flow ⁽²⁾		404			23.5	%		1,462		19.9	%		-72.4	%		264.0	%		1,021			22.8	%		4,205		19.0	%		-75.7	%		219.7	%

⁽¹⁾ Except volume and average price per unit case figures.

⁽²⁾ Operative cash flow = operating income + depreciation, amortization & other operative non-cash charges.

⁽³⁾Comparable: with respect to a year over year comparison, the change in a given measure excluding the effects of (1) mergers, acquisitions and divestitures, (2) translation effects resulting from exchange rate movements and (3) the results of hyperinflationary economies in both periods.

October 28, 2015

Page 13

South America Division

Expressed in millions of Mexican pesos⁽¹⁾

	3Q15		% Rev			3Q14			% Rev			Reported Δ%			YTD 15			% Rev			YTD 14			% Rev			Reported Δ%
Volume (million unit cases)		355.5					358.4						-0.8	%		1,068.3						1,075.4						-0.7	%
Average price per unit case		43.23					60.11						-28.1	%		44.62						59.70						-25.3	%
Net revenues		16,733					23,133						-27.7	%		51,030						69,060						-26.1	%
Other operating revenues		107					68						57.0	%		305						167						82.7	%
Total revenues ⁽²⁾		16,840		100.0	%		23,201			100.0	%		-27.4	%		51,335			100.0	%		69,227			100.0	%		-25.8	%
Cost of goods sold		9,495		56.4	%		12,979			55.9	%		-26.8	%		29,448			57.4	%		38,907			56.2	%		-24.3	%
Gross profit		7,345		43.6	%		10,222			44.1	%		-28.1	%		21,887			42.6	%		30,320			43.8	%		-27.8	%
Operating expenses		5,212		31.0	%		7,253			31.3	%		-28.1	%		15,744			30.7	%		22,089			31.9	%		-28.7	%
Other operative expenses, net		43		0.3	%		29			0.1	%		47.8	%		286			0.6	%		244			0.4	%		17.2	%
Operative equity method (gain) loss in associates ⁽³⁾⁽⁴⁾		5		0.0	%		(17	)		-0.1	%		-128.0	%		(70	)		-0.1	%		(80	)		-0.1	%		-12.1	%
Operating income ⁽⁵⁾		2,085		12.4	%		2,957			12.7	%		-29.5	%		5,928			11.5	%		8,067			11.7	%		-26.5	%
Depreciation, amortization & other operative non-cash charges		826		4.9	%		958			4.1	%		-13.8	%		2,336			4.6	%		3,088			4.5	%		-24.4	%
Operative cash flow ⁽⁵⁾⁽⁶⁾		2,911		17.3	%		3,915			16.9	%		-25.6	%		8,264			16.1	%		11,155			16.1	%		-25.9	%

⁽¹⁾ Except volume and average price per unit case figures.

⁽²⁾ Sales volume and average price per unit case exclude beer results.

⁽³⁾ Includes total revenues of Ps. 8,372 million from our Brazilian operation.

⁽⁴⁾ Includes equity method in Leao Alimentos, among others.

⁽⁵⁾ The operating income and operative cash flow lines are presented as non-gaap measures for the convenience of the reader.

⁽⁶⁾ Operative cash flow = operating income + depreciation, amortization & other operative non-cash charges.

October 28, 2015

Page 14

For the three months ended September 30, 2015 and 2014

VOLUME

Expressed in million unit cases

	3Q 15										3Q 14
	Sparkling		Water ⁽¹⁾		Bulk Water⁽²⁾		Still		Total		Sparkling		Water ⁽¹⁾		Bulk Water⁽²⁾		Still		Total
Mexico		342.2		23.8		77.1		25.1		468.1		330.9		25.4		78.1		22.3		456.7
Central America		32.8		2.4		0.0		5.8		41.0		33.6		2.4		0.1		4.2		40.3
Mexico & Central America		375.0		26.2		77.1		30.9		509.1		364.5		27.8		78.2		26.5		497.0
Colombia		57.0		7.4		7.1		9.4		81.0		54.1		6.3		7.1		7.8		75.3
Venezuela		51.9		3.5		0.3		4.9		60.5		53.9		3.7		0.6		4.7		62.8
Brazil		139.1		9.8		1.3		8.1		158.3		147.6		9.1		1.2		8.6		166.5
Argentina		46.7		5.2		0.5		3.3		55.7		46.7		4.3		0.2		2.5		53.8
South America		294.7		25.8		9.3		25.7		355.5		302.4		23.4		9.1		23.5		358.4
Total		669.7		52.0		86.4		56.6		864.7		666.9		51.2		87.3		50.0		855.4

⁽¹⁾ Excludes water presentations larger than 5.0 Lt ; includes flavored water

⁽²⁾ Bulk Water = Still bottled water in 5.0, 19.0 and 20.0 - liter packaging presentations; includes flavored water

TRANSACTIONS

Expressed in million transactions

	3Q 15								3Q 14
	Sparkling		Water		Still		Total		Sparkling		Water		Still		Total
Mexico		2,049.2		182.1		221.4		2,452.7		2,002.7		190.4		197.8		2,390.8
Central America		283.7		14.5		61.7		359.8		279.3		14.4		58.3		352.0
Mexico & Central America		2,332.9		196.6		283.1		2,812.5		2,282.0		204.8		256.0		2,742.8
Colombia		432.0		97.5		88.7		618.1		420.8		79.0		63.9		563.6
Venezuela		279.7		19.1		39.6		338.3		293.5		21.4		44.2		359.1
Brazil		873.2		84.3		91.3		1,048.8		941.9		80.8		102.9		1,125.6
Argentina		216.3		26.8		24.4		267.5		209.2		22.3		19.6		251.1
South America		1,801.2		227.6		244.0		2,272.8		1,865.4		203.5		230.6		2,299.4
Total		4,134.1		424.2		527.1		5,085.4		4,147.4		408.2		486.6		5,042.2

October 28, 2015

Page 15

For the nine months ended September 30, 2015 and 2014

VOLUME

Expressed in million unit cases

	YTD 15										YTD 14
	Sparkling		Water ⁽¹⁾		Bulk Water⁽²⁾		Still		Total		Sparkling		Water ⁽¹⁾		Bulk Water⁽²⁾		Still		Total
Mexico		967.8		78.1		214.3		69.8		1,330.1		949.3		77.8		229.4		67.6		1,324.1
Central America		101.8		7.0		0.2		14.6		123.6		101.2		7.1		0.3		12.4		121.0
Mexico & Central America		1,069.6		85.1		214.5		84.4		1,453.7		1,050.5		84.9		229.7		80.0		1,445.1
Colombia		164.3		20.3		21.0		25.9		231.4		157.6		17.6		21.5		21.8		218.5
Venezuela		154.5		10.8		1.1		12.9		179.2		154.6		10.0		1.6		14.1		180.4
Brazil		429.5		30.9		3.7		25.0		489.1		456.9		29.7		3.8		27.2		517.7
Argentina		141.5		15.7		1.4		10.0		168.6		139.0		12.3		0.4		7.1		158.8
South America		889.8		77.6		27.2		73.7		1,068.3		908.1		69.6		27.4		70.3		1,075.4
Total		1,959.4		162.7		241.7		158.2		2,522.0		1,958.6		154.5		257.1		150.3		2,520.5

⁽¹⁾ Excludes water presentations larger than 5.0 Lt ; includes flavored water

⁽²⁾ Bulk Water = Still bottled water in 5.0, 19.0 and 20.0 - liter packaging presentations; includes flavored water

TRANSACTIONS

Expressed in million transactions

	YTD 15								YTD 14
	Sparkling		Water		Still		Total		Sparkling		Water		Still		Total
Mexico		5,854.0		530.5		621.3		7,005.9		5,752.9		580.9		593.5		6,927.4
Central America		850.1		44.2		182.0		1,076.3		835.6		42.1		174.7		1,052.3
Mexico & Central America		6,704.2		574.8		803.3		8,082.2		6,588.5		623.1		768.2		7,979.7
Colombia		1,247.3		262.9		230.0		1,740.3		1,223.0		221.0		179.6		1,623.6
Venezuela		834.3		64.3		114.7		1,013.3		830.6		59.5		127.1		1,017.1
Brazil		2,720.8		263.8		289.9		3,274.5		2,894.7		263.6		328.4		3,486.7
Argentina		642.6		79.5		72.2		794.3		618.5		62.0		55.1		735.6
South America		5,445.0		670.6		706.9		6,822.4		5,566.8		606.2		690.1		6,863.0
Total		12,149.1		1,245.3		1,510.1		14,904.6		12,155.3		1,229.2		1,458.3		14,842.8

October 28, 2015

Page 16

September 2015

Macroeconomic Information

	Inflation ⁽¹⁾
	LTM			3Q 2015			YTD

Mexico		2.52	%		0.73	%		0.65	%
Colombia		5.35	%		1.39	%		4.76	%
Venezuela ⁽²⁾		106.72	%		30.53	%		77.25	%
Brazil		9.49	%		1.39	%		7.64	%
Argentina		14.45	%		3.73	%		10.68	%

⁽¹⁾ Source: inflation is published by the Central Bank of each country.

⁽²⁾ Inflation based on unofficial publications.

Average Exchange Rates for each Period

	Quarterly Exchange Rate (local currency per USD)							YTD Exchange Rate (local currency per USD)
	3Q 2015		3Q 2014		Δ%			YTD 2015		YTD 2014		Δ%

Mexico		16.4058		13.1114		25.1	%		15.5486		13.1167		18.5	%
Guatemala		7.6626		7.7674		-1.3	%		7.6582		7.7706		-1.4	%
Nicaragua		27.4210		26.1153		5.0	%		27.0894		25.7995		5.0	%
Costa Rica		540.8066		544.7856		-0.7	%		540.7918		545.1330		-0.8	%
Panama		1.0000		1.0000		0.0	%		1.0000		1.0000		0.0	%
Colombia		2,942.1276		1,910.5851		54.0	%		2,636.2140		1,944.3202		35.6	%
Venezuela ⁽¹⁾		199.1050		11.2148		1675.4	%		164.5246		9.7229		1592.1	%
Brazil		3.5480		2.2752		55.9	%		3.1612		2.2896		38.1	%
Argentina		9.2496		8.2982		11.5	%		8.9637		7.9937		12.1	%

End of Period Exchange Rates

	Exchange Rate (local currency per USD)							Exchange Rate (local currency per USD)
	Sep 2015		Sep 2014		Δ%			Jun 2015		Jun 2014		Δ%

Mexico		17.0073		13.4541		26.4	%		15.5676		13.0323		19.5	%
Guatemala		7.6755		7.6712		0.1	%		7.6245		7.7786		-2.0	%
Nicaragua		27.5869		26.2733		5.0	%		27.2497		25.9521		5.0	%
Costa Rica		541.0400		545.5200		-0.8	%		540.9700		548.6600		-1.4	%
Panama		1.0000		1.0000		0.0	%		1.0000		1.0000		0.0	%
Colombia		3,121.9400		2,028.4800		53.9	%		2,585.1100		1,881.1900		37.4	%
Venezuela ⁽¹⁾		199.4204		12.0000		1561.8	%		197.2980		10.6000		1761.3	%
Brazil		3.9729		2.4510		62.1	%		3.1026		2.2025		40.9	%
Argentina		9.4220		8.4300		11.8	%		9.0880		8.1330		11.7	%

⁽¹⁾ Venezuela's exchange rate based on SIMADI for 2015 and SICAD for 2014

v v v

Stock listing information

Mexican Stock Exchange, Ticker: KOFL | NYSE (ADR), Ticker: KOF | Ratio of KOF L to KOF = 10:1

Coca-Cola FEMSA, S.A.B. de C.V. produces and distributes Coca-Cola, Fanta, Sprite, Del Valle, and other trademark beverages of The Coca-Cola Company in Mexico (a substantial part of central Mexico, including Mexico City, as well as southeast and northeast Mexico), Guatemala (Guatemala City and surrounding areas), Nicaragua (nationwide), Costa Rica (nationwide), Panama (nationwide), Colombia (most of the country), Venezuela (nationwide), Brazil (greater São Paulo, Campiñas, Santos, the state of Mato Grosso do Sul, the state of Paraná, part of the state of Goias, part of the state of Rio de Janeiro and part of the state of Minas Gerais), Argentina (federal capital of Buenos Aires and surrounding areas) and Philippines (nationwide), along with bottled water, juices, teas, isotonics, beer, and other beverages in some of these territories. The Company has 64 bottling facilities and serves more than 351 million consumers through more of 2,800,000 retailers with more than 120,000 employees worldwide.

Investor Relations:

Roland Karig

roland.karig@kof.com.mx

(5255) 1519-5186

José Manuel Fernández

josemanuel.fernandez@kof.com.mx

(5255) 1519-5148

Tania Ramirez

tania.ramirez@kof.com.mx

(5255) 1519-5013

Website: www.coca-colafemsa.com

October 28, 2015

Page 17