PEPSICO INC — Director's Dealing 2005

Nov 8, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PEPSI BOTTLING GROUP INC (PBG)
CIK: 0001076405
Period of Report: 2005-11-04

Reporting Person: PEPSICO INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-11-04	Common Stock, par value $.01 per share	S	26500	—	Disposed	98925098	Direct
2005-11-07	Common Stock, par value $.01 per share	S	13100	—	Disposed	98911998	Direct

Footnotes

F1: All sales listed on this Form 4 were made by PepsiCo, Inc., on behalf on 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 $28.47 to $28.85.

F3: The shares with respect to this transaction were sold at prices ranging from $28.74 to $28.80.