PepsiCo Announces Webcast of its Presentation at Lehman Brothers Back-to-School Consumer Conference 

Purchase, New York, Aug. 21, 2008–PepsiCo, Inc. [NYSE:PEP] today announced it will host a live webcast of the company's presentation at the Lehman Brothers Back-to-School Consumer Conference on Wednesday, Sept. 3, 2008, at 10:30 a.m. EDT. The presentation will be given by Michael D. White, Chief Executive Officer of PepsiCo International and Vice Chairman PepsiCo.

A live webcast of the PepsiCo presentation will be accessible through the company's website at http://www.pepsico.com under Investors/PepsiCo Financial Press Releases. The webcast will be available for replay at the same site for a period of 14 days.

About PepsiCo

PepsiCo is one of the world's largest food and beverage companies, with 2007 annual revenues of more than $39 billion. The company employs approximately 185,000 people worldwide, and its products are sold in approximately 200 countries. Its principal businesses include: Frito-Lay snacks, Pepsi-Cola beverages, Gatorade sports drinks, Tropicana juices and Quaker foods. The PepsiCo portfolio includes 18 brands that generate $1 billion or more each in annual retail sales. PepsiCo's commitment to sustainable growth, defined as Performance with Purpose, is focused on generating healthy financial returns while giving back to communities the company serves. This includes meeting consumer needs for a spectrum of convenient foods and beverages, reducing the company's impact on the environment through water, energy and packaging initiatives, and supporting its employees through a diverse and inclusive culture that recruits and retains world-class talent. PepsiCo is listed on the Dow Jones Sustainability North America Index and the Dow Jones Sustainability World Index. For more information, please visit www.pepsico.com.

SOURCE

PepsiCo, Inc.

CONTACT

Media, Jenny Schiavone, Director, Financial Communications,
+1-914-253-3941, or Investors, Mike Nathenson, Senior Vice President,
Investor Relations, +1-914-253-3035, both of PepsiCo, Inc./

Web site

http://www.pepsico.com