PEPSICO INC — Director's Dealing 2007

Sep 27, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PEPSI BOTTLING GROUP INC (PBG)
CIK: 0001076405
Period of Report: 2007-09-25

Reporting Person: PEPSICO INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-09-25	Common Stock, par value $.01 per share	S	2800	$36.95	Disposed	79302158	Direct
2007-09-25	Common Stock, par value $.01 per share	S	2300	$36.96	Disposed	79299858	Direct
2007-09-25	Common Stock, par value $.01 per share	S	1200	$36.97	Disposed	79298658	Direct
2007-09-25	Common Stock, par value $.01 per share	S	1600	$36.98	Disposed	79297058	Direct
2007-09-25	Common Stock, par value $.01 per share	S	300	$36.99	Disposed	79296758	Direct
2007-09-25	Common Stock, par value $.01 per share	S	100	$37.10	Disposed	79296658	Direct
2007-09-25	Common Stock, par value $.01 per share	S	900	$37.15	Disposed	79295758	Direct
2007-09-25	Common Stock, par value $.01 per share	S	200	$37.17	Disposed	79295558	Direct
2007-09-25	Common Stock, par value $.01 per share	S	300	$37.21	Disposed	79295258	Direct
2007-09-25	Common Stock, par value $.01 per share	S	300	$37.22	Disposed	79294958	Direct
2007-09-25	Common Stock, par value $.01 per share	S	100	$37.25	Disposed	79294858	Direct
2007-09-26	Common Stock, par value $.01 per share	S	900	$37.22	Disposed	79293958	Direct
2007-09-26	Common Stock, par value $.01 per share	S	300	$37.23	Disposed	79293658	Direct
2007-09-26	Common Stock, par value $.01 per share	S	300	$37.25	Disposed	79293358	Direct
2007-09-26	Common Stock, par value $.01 per share	S	300	$37.26	Disposed	79293058	Direct
2007-09-26	Common Stock, par value $.01 per share	S	300	$37.38	Disposed	79292758	Direct
2007-09-26	Common Stock, par value $.01 per share	S	300	$37.44	Disposed	79292458	Direct
2007-09-26	Common Stock, par value $.01 per share	S	300	$37.51	Disposed	79292158	Direct
2007-09-26	Common Stock, par value $.01 per share	S	1300	$37.54	Disposed	79290858	Direct
2007-09-26	Common Stock, par value $.01 per share	S	100	$37.59	Disposed	79290758	Direct
2007-09-26	Common Stock, par value $.01 per share	S	300	$37.60	Disposed	79290458	Direct
2007-09-26	Common Stock, par value $.01 per share	S	300	$37.63	Disposed	79290158	Direct
2007-09-26	Common Stock, par value $.01 per share	S	600	$37.65	Disposed	79289558	Direct
2007-09-26	Common Stock, par value $.01 per share	S	600	$37.66	Disposed	79288958	Direct
2007-09-26	Common Stock, par value $.01 per share	S	700	$37.67	Disposed	79288258	Direct
2007-09-26	Common Stock, par value $.01 per share	S	700	$37.68	Disposed	79287558	Direct
2007-09-26	Common Stock, par value $.01 per share	S	2200	$37.69	Disposed	79285358	Direct
2007-09-26	Common Stock, par value $.01 per share	S	600	$37.70	Disposed	79284758	Direct
2007-09-26	Common Stock, par value $.01 per share	S	200	$37.71	Disposed	79284558	Direct
2007-09-26	Common Stock, par value $.01 per share	S	1000	$37.72	Disposed	79283558	Direct

Footnotes

F1: All sales listed on this Form 4 for September 25 and 26, 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).