PEPSICO INC — Director's Dealing 2007

Oct 1, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PEPSI BOTTLING GROUP INC (PBG)
CIK: 0001076405
Period of Report: 2007-09-27

Reporting Person: PEPSICO INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-09-27	Common Stock, par value $.01 per share	S	600	$37.74	Disposed	79277258	Direct
2007-09-27	Common Stock, par value $.01 per share	S	1400	$37.75	Disposed	79275858	Direct
2007-09-27	Common Stock, par value $.01 per share	S	1600	$37.76	Disposed	79274258	Direct
2007-09-27	Common Stock, par value $.01 per share	S	300	$37.78	Disposed	79273958	Direct
2007-09-27	Common Stock, par value $.01 per share	S	200	$37.80	Disposed	79273758	Direct
2007-09-27	Common Stock, par value $.01 per share	S	800	$37.84	Disposed	79272958	Direct
2007-09-27	Common Stock, par value $.01 per share	S	1100	$38.01	Disposed	79271858	Direct
2007-09-27	Common Stock, par value $.01 per share	S	600	$38.02	Disposed	79271258	Direct
2007-09-27	Common Stock, par value $.01 per share	S	400	$38.03	Disposed	79270858	Direct
2007-09-27	Common Stock, par value $.01 per share	S	2100	$38.04	Disposed	79268758	Direct
2007-09-27	Common Stock, par value $.01 per share	S	700	$38.05	Disposed	79268058	Direct
2007-09-27	Common Stock, par value $.01 per share	S	200	$38.10	Disposed	79267858	Direct
2007-09-27	Common Stock, par value $.01 per share	S	300	$38.15	Disposed	79267558	Direct
2007-09-27	Common Stock, par value $.01 per share	S	500	$38.16	Disposed	79267058	Direct
2007-09-27	Common Stock, par value $.01 per share	S	100	$38.17	Disposed	79266958	Direct
2007-09-27	Common Stock, par value $.01 per share	S	100	$38.21	Disposed	79266858	Direct
2007-09-28	Common Stock, par value $.01 per share	S	500	$37.10	Disposed	79266358	Direct
2007-09-28	Common Stock, par value $.01 per share	S	200	$37.15	Disposed	79266158	Direct
2007-09-28	Common Stock, par value $.01 per share	S	2800	$37.17	Disposed	79263358	Direct
2007-09-28	Common Stock, par value $.01 per share	S	300	$37.19	Disposed	79263058	Direct
2007-09-28	Common Stock, par value $.01 per share	S	400	$37.20	Disposed	79262658	Direct
2007-09-28	Common Stock, par value $.01 per share	S	600	$37.22	Disposed	79262058	Direct
2007-09-28	Common Stock, par value $.01 per share	S	400	$37.24	Disposed	79261658	Direct
2007-09-28	Common Stock, par value $.01 per share	S	200	$37.25	Disposed	79261458	Direct
2007-09-28	Common Stock, par value $.01 per share	S	600	$37.26	Disposed	79260858	Direct
2007-09-28	Common Stock, par value $.01 per share	S	100	$37.27	Disposed	79260758	Direct
2007-09-28	Common Stock, par value $.01 per share	S	200	$37.28	Disposed	79260558	Direct
2007-09-28	Common Stock, par value $.01 per share	S	700	$37.29	Disposed	79259858	Direct
2007-09-28	Common Stock, par value $.01 per share	S	200	$37.30	Disposed	79259658	Direct
2007-09-28	Common Stock, par value $.01 per share	S	100	$37.32	Disposed	79259558	Direct

Footnotes

F1: All sales listed on this Form 4 for September 27 and 28, 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).