YUM BRANDS INC — Director's Dealing 2011

Jul 20, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: YUM BRANDS INC (YUM)
CIK: 0001041061
Period of Report: 2011-07-20

Reporting Person: BROLICK EMIL (COO - Yum)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-20	Common Stock	S	6775	$54.53	Disposed	4	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $54.50 to $54.55. The price reported above reflects the average price. The reporting person hereby undertakes to provide upon request, to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.