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

March 15, 2011

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)

Avda. El Golf 40, Piso 4

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-FxForm 40-Fo

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):

YesoNox

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):

YesoNox

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

YesoNox

MATERIAL EVENT

CORPORATE NAME	:	EMBOTELLADORA ANDINA S.A.
SECURITIES REGISTRY		:	00124
TAXPAYER I.D.		:	91.144.000-8

The following material event 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.1 B.B3 of General Rule No. 30 of the Superintendency of Securities and Insurance:

The following was resolved at a Board of Directors’ Meeting of the Company held on March 14, 2011:

To Propose to the Regular Shareholders’ Meeting to be held on April 27, 2011, the distribution of a additional dividend on account of retained earnings:

a)  CH$50 per each Series A Shares and;

b)  CH$55 per each Series B Shares.

If the Shareholders’ Meeting approves payment of these dividends, they will be paid beginning on July 26, 2011; or in the date approved by the Shareholders’ Meeting. Should the proposed date be approved, the Shareholders’ Registry would close on July 20, 2011 for payment of these dividends.

Santiago, March 15, 2011.

(signed)

Jaime Cohen Arancibia

Embotelladora Andina S.A.

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/ Jaime Cohen
	Name: Jaime Cohen
	Title: Chief Legal Officer
Santiago, March 15, 2011

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