PEPSICO INC — Director's Dealing 2005

Jul 7, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PEPSI BOTTLING GROUP INC (PBG)
CIK: 0001076405
Period of Report: 2005-07-01

Reporting Person: PEPSICO INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-07-01	Common Stock, par value $.01 per share	S	32500	—	Disposed	101427958	Direct
2005-07-05	Common Stock, par value $.01 per share	S	65000	—	Disposed	101362958	Direct
2005-07-06	Common Stock, par value $.01 per share	S	50000	—	Disposed	101312958	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 $27.87 to $28.47.

F3: The shares with respect to this transaction were sold at prices ranging from $28.24 to $28.80.

F4: The shares with respect to this transaction were sold at prices ranging from $28.06 to $28.65.