UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
--------------------
FORM 6-K
--------------------
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15b-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
July 26, 2006
Date of Report (Date of Earliest Event Reported)
--------------------
Embotelladora Andina S.A.
(Exact name of registrant as specified in its charter)
Andina Bottling Company, Inc.
(Translation of Registrant's name into English)
Avenida Andres Bello 2687
Piso 20, Las Condes
Santiago, Chile
(Address of principal executive office)
--------------------
Indicate by check mark whether the registrant files or
will file annual reports under cover
Form 20-F or Form 40-F.
Form 20-F /X/ Form 40-F / /
Indicate by check mark if the Registrant is submitting this
Form 6-K in paper as permitted by Regulation
S-T Rule 101(b)(1):
Yes / / No /X/
Indicate by check mark if the Registrant is submitting this
Form 6-K in paper as permitted by Regulation
S-T Rule 101(b)(7):
Yes / / No /X/
Indicate by check mark whether the registrant by
furnishing the information contained in this Form 6-K
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/
--------------------
ANDINA BOTTLING CORPORATION, INC.
REPORT ON FORM 6-K
Embotelladora Andina S.A. (the "Company") discloses that, with respect to
the membership of Gonzalo Said Handal on the Company's audit committee, it has
relied on the exemption from the independence requirements provided by Rule
10A-3(b)(1)(iv)(D) of the Securities and Exchange Act of 1934, as amended (the
"Exchange Act"). Pursuant to Rule 10A-3(b)(1)(iv)(D), a director who is either
an affiliate or a representative of an affiliate of the listed company may
serve as a member of the audit committee to the extent the director is not a
voting member or chairperson of the audit committee and to the extent that
neither the director nor the affiliate the director represents is an executive
officer of the listed company.
Mr. Said Handal meets the requirements of Rule 10A-3(b)(1)(iv)(D)because
he (i) is a representative of the controlling shareholder of the Company,
Inversiones Freire S.A.; (ii) has only observer status on the audit committee
of the Company; and (iii) is not an executive officer of the Company.
The Company's reliance on the exemption provided by Rule 10A-3(b)(1)(iv)(D)
of the Exchange Act would not materially adversely affect the ability of the
audit committee of the Company to act independently.
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 by the
undersigned, thereunto duly authorized, in the city of Santiago, Chile.
EMBOTELLADORA ANDINA S.A.
/s/ Osvaldo Garay
------------------------------
Name: Osvaldo Garay
Title: Chief Financial Officer
Santiago, July 26, 2006