PEPSICO INC — Director's Dealing 2007

Sep 20, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PEPSICO INC (PEP)
CIK: 0000077476
Period of Report: 2007-06-05

Reporting Person: TRUDELL CYNTHIA (SVP & Chief Personnel Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-06-05	PepsiCo, Inc. Common Stock	P	28	$67.67	Acquired	91	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
PepsiCo, Inc. Common Stock	13407	Direct
PepsiCo, Inc. Common Stock	67.9	Indirect

Footnotes

F1: The transaction occurred on June 5, 2007 due to broker error.

F2: Reflects number of shares held under the reporting person's account in the PepsiCo 401(k) Plan as of September 17, 2007.