PEPSICO TO WEBCAST CONFERENCE CALL AND SLIDES ON FOURTH-QUARTER 2007 EARNINGS

Purchase, NY, January 3, 2008 – PepsiCo, Inc. (NYSE: PEP ) today announced that its fourth quarter 2007 earnings conference call and slide presentation for financial analysts and investors will be webcast live over the internet on Thursday, February 7, 2008 at 11 a.m. (ET).

The Company will issue its financial results before the stock market opens that morning.

The live webcast will be accessible through PepsiCo's website at http://www.pepsico.com , and will be archived for replay at the same website for a period of 14 days.

PepsiCo (NYSE: PEP) is one of the world's largest food and beverage companies, with 2006 annual revenues of more than $35 billion. The company employs approximately 168,000 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 17 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 North America Sustainability Index and Dow Jones World Sustainability Index. For more information, please visit www.pepsico.com .