PEPSICO INC — Director's Dealing 2007

Nov 16, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PEPSI BOTTLING GROUP INC (PBG)
CIK: 0001076405
Period of Report: 2007-11-15

Reporting Person: PEPSICO INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-15	Common Stock, par value $.01 per share	S	100	$41.71	Disposed	78915458	Direct
2007-11-15	Common Stock, par value $.01 per share	S	200	$41.74	Disposed	78915258	Direct
2007-11-15	Common Stock, par value $.01 per share	S	100	$41.75	Disposed	78915158	Direct
2007-11-15	Common Stock, par value $.01 per share	S	200	$41.76	Disposed	78914958	Direct
2007-11-15	Common Stock, par value $.01 per share	S	100	$41.80	Disposed	78914858	Direct
2007-11-15	Common Stock, par value $.01 per share	S	100	$41.84	Disposed	78914758	Direct

Footnotes

F1: All sales listed on this Form 4 for November 15, 2007 were made by PepsiCo, Inc., on behalf of its affiliates pursuant to a plan adopted November 20, 2006, which is intended to comply with Rule 10b5-1(c).