UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 6-K
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REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15b-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
September 1, 2006
Date of Report (Date of Earliest Event Reported)
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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)
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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____
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MATERIAL EVENT
CORPORATE NAME : EMBOTELLADORA ANDINA S.A.
SECURITIES REGISTRY : 00124
TAXPAYER I.D. : 91.144.000-8
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The following is reported by virtue of the stipulations in Article 9 and
subparagraph 2 of Article 10 of Law 18,045, and the provisions in Section
II.B.3 of General Rule No. 30 of the Superintendence of Securities and
Insurance:
At its regular session held August 29 of the current year, the Board approved
the commercial terms and conditions in order for the Company to enter into an
agreement with Empresas Iansa S.A. and/or its subsidiary Iansagro S.A. for the
supply and delivery of sugar for the 2007-2009 period amounting to 172,000
tons based on a pricing structure involving a payment of a fixed price for
50,000 tons and a variable price for the remaining volume. The price will be
determined in accordance with the international variation of the price of
sugar within a range that will be established in the agreement which would be
subscribed, in accordance with the current future prices of sugar for each one
of the referred years (resulting from the market conditions currently
prevailing for operations of this nature).
The agreement setting forth the approved terms and conditions is currently
being drafted and will be duly reported to the Superintendence and the market
once entered into the parties thereof.
Santiago, August 30, 2006
(Signed)
Pedro Pellegrini Ripamonti
Corporate Legal Officer
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.
By: /s/ Osvaldo Garay
Name: Osvaldo Garay
Title: Chief Financial Officer
Santiago, September 1, 2006