PEPSICO INC — Director's Dealing 2007

Feb 7, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PEPSICO INC (PEP)
CIK: 0000077476
Period of Report: 2007-02-02

Reporting Person: MOORE MARGARET D (SVP, Human Resources)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-02	Employee Stock Option (right to buy)	$65.00	A	454	Acquired	2017-01-31	PepsiCo, Inc. Common Stock (454)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
PepsiCo, Inc. Common Stock	79158.04	Direct
PepsiCo, Inc. Common Stock	365.23	Indirect
PepsiCo, Inc. Common Stock	728	Indirect

Footnotes

F1: This amount includes 809 shares acquired as dividends through January 8, 2007.

F2: Reflects number of shares held under the reporting person's account in the PepsiCo 401(k) Plan as of 02/02/2007.

F3: This amount includes 13 shares acquired as dividends through January 8, 2007.