PEPSICO INC — Director's Dealing 2007

Oct 23, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PEPSI BOTTLING GROUP INC (PBG)
CIK: 0001076405
Period of Report: 2007-10-19

Reporting Person: PEPSICO INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-19	Common Stock, par value $.01 per share	S	500	$40.70	Disposed	79106358	Direct
2007-10-19	Common Stock, par value $.01 per share	S	500	$40.72	Disposed	79105858	Direct
2007-10-19	Common Stock, par value $.01 per share	S	800	$40.81	Disposed	79105058	Direct
2007-10-19	Common Stock, par value $.01 per share	S	400	$40.82	Disposed	79104658	Direct
2007-10-19	Common Stock, par value $.01 per share	S	500	$40.84	Disposed	79104158	Direct
2007-10-19	Common Stock, par value $.01 per share	S	200	$40.85	Disposed	79103958	Direct
2007-10-19	Common Stock, par value $.01 per share	S	300	$40.86	Disposed	79103658	Direct
2007-10-19	Common Stock, par value $.01 per share	S	100	$40.87	Disposed	79103558	Direct
2007-10-19	Common Stock, par value $.01 per share	S	700	$40.88	Disposed	79102858	Direct
2007-10-19	Common Stock, par value $.01 per share	S	300	$40.89	Disposed	79102558	Direct
2007-10-19	Common Stock, par value $.01 per share	S	1700	$40.90	Disposed	79100858	Direct
2007-10-19	Common Stock, par value $.01 per share	S	2000	$40.91	Disposed	79098858	Direct
2007-10-19	Common Stock, par value $.01 per share	S	600	$40.92	Disposed	79098258	Direct
2007-10-19	Common Stock, par value $.01 per share	S	1000	$40.93	Disposed	79097258	Direct
2007-10-19	Common Stock, par value $.01 per share	S	400	$40.94	Disposed	79096858	Direct
2007-10-19	Common Stock, par value $.01 per share	S	300	$40.96	Disposed	79096558	Direct
2007-10-19	Common Stock, par value $.01 per share	S	500	$40.97	Disposed	79096058	Direct
2007-10-19	Common Stock, par value $.01 per share	S	600	$40.98	Disposed	79095458	Direct
2007-10-19	Common Stock, par value $.01 per share	S	700	$40.99	Disposed	79094758	Direct
2007-10-19	Common Stock, par value $.01 per share	S	800	$41.00	Disposed	79093958	Direct
2007-10-19	Common Stock, par value $.01 per share	S	300	$41.01	Disposed	79093658	Direct
2007-10-19	Common Stock, par value $.01 per share	S	600	$41.02	Disposed	79093058	Direct
2007-10-19	Common Stock, par value $.01 per share	S	600	$41.03	Disposed	79092458	Direct
2007-10-19	Common Stock, par value $.01 per share	S	100	$41.04	Disposed	79092358	Direct
2007-10-19	Common Stock, par value $.01 per share	S	1300	$41.05	Disposed	79091058	Direct
2007-10-19	Common Stock, par value $.01 per share	S	100	$41.06	Disposed	79090958	Direct
2007-10-19	Common Stock, par value $.01 per share	S	1000	$41.07	Disposed	79089958	Direct
2007-10-19	Common Stock, par value $.01 per share	S	400	$41.09	Disposed	79089558	Direct
2007-10-19	Common Stock, par value $.01 per share	S	100	$41.10	Disposed	79089458	Direct
2007-10-19	Common Stock, par value $.01 per share	S	200	$41.12	Disposed	79089258	Direct

Footnotes

F1: All sales listed on this Form 4 for October 19 and 22, 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).