PEPSICO INC — Director's Dealing 2005

Dec 2, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PEPSI BOTTLING GROUP INC (PBG)
CIK: 0001076405
Period of Report: 2005-11-30

Reporting Person: PEPSICO INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-11-30	Common Stock, par value $.01 per share	S	7900	—	Disposed	98577598	Direct
2005-12-01	Common Stock, par value $.01 per share	S	28000	—	Disposed	98549598	Direct

Footnotes

F1: All sales listed on this Form 4 were made by PepsiCo, Inc., on behalf of its affiliates pursuant to a plan adopted April 15, 2005, which is intended to comply with Rule 10b5-1(c).

F2: The shares with respect to this transaction were sold at prices ranging from $29.90 to $30.08.

F3: The shares with respect to this transaction were sold at prices ranging from $29.96 to $30.08.