PepsiCo Declares Quarterly Dividend

                     PepsiCo Declares Quarterly Dividend

PR Newswire

PURCHASE, N.Y., Feb. 7, 2013

PURCHASE, N.Y., Feb. 7, 2013 /PRNewswire/ -- The Board of Directors of
PepsiCo, Inc. (NYSE: PEP)has declared a quarterly dividend of $0.5375 per
share of PepsiCo common stock. The dividend is payable March 29, 2013, to
shareholders of record on March 1, 2013.

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Based ontoday's closing stock price of $72.81, the dividend represents an
annual dividend yield of 3.0 percent.

PepsiCo has paid consecutive quarterly cash dividends since 1965. Since the
start of 2002, PepsiCo has returned more than $50 billion to shareholders in
the form of dividends and share repurchases.

About PepsiCo
PepsiCo is a global food and beverage leader with net revenues of more than
$65 billion and a product portfolio that includes 22 brands that generate more
than $1 billion each in annual retail sales. Our main businesses – Quaker,
Tropicana, Gatorade, Frito-Lay and Pepsi-Cola – make hundreds of enjoyable
foods and beverages that are loved throughout the world. PepsiCo's people are
united by our unique commitment to sustainable growth by investing in a
healthier future for people and our planet, which we believe also means a more
successful future for PepsiCo. We call this commitment Performance with
Purpose: PepsiCo's promise to provide a wide range of foods and beverages for
local tastes; to find innovative ways to minimize our impact on the
environment by conserving energy and water and reducing packaging volume; to
provide a great workplace for our associates; and to respect, support and
invest in the local communities where we operate. For more information, please

Cautionary Statement
Statements in this communication that are "forward-looking statements" are
based on currently available information, operating plans and projections
about future events and trends. Terminology such as "believe," "expect,"
"intend," "estimate," "project," "anticipate," "will" or similar statements or
variations of such terms are intended to identify forward-looking statements,
although not all forward-looking statements contain such terms.
Forward-looking statements inherently involve risks and uncertainties that
could cause actual results to differ materially from those predicted in such
forward-looking statements. Such risks and uncertainties include, but are not
limited to: changes in demand for PepsiCo's products, as a result of changes
in consumer preferences and tastes or otherwise; PepsiCo's ability to compete
effectively; unfavorable economic conditions in the countries in which PepsiCo
operates; damage to PepsiCo's reputation; PepsiCo's ability to grow its
business in developing and emerging markets or unstable political conditions,
civil unrest or other developments and risks in the countries where PepsiCo
operates; trade consolidation or the loss of any key customer; changes in the
legal and regulatory environment; PepsiCo's ability to build and sustain
proper information technology infrastructure, successfully implement its
ongoing business transformation initiative or outsource certain functions
effectively; fluctuations in foreign exchange rates; increased costs,
disruption of supply or shortages of raw materials and other supplies;
disruption of PepsiCo's supply chain; climate change, or legal, regulatory or
market measures to address climate change; PepsiCo's ability to hire or retain
key employees or a highly skilled and diverse workforce; failure to
successfully renew collective bargaining agreements or strikes or work
stoppages; failure to successfully complete or integrate acquisitions and
joint ventures into PepsiCo's existing operations; failure to successfully
implement PepsiCo's global operating model; failure to realize anticipated
benefits from our productivity plan; any downgrade of our credit ratings; and
any infringement of or challenge to PepsiCo's intellectual property rights.

For additional information on these and other factors that could cause
PepsiCo's actual results to materially differ from those set forth herein,
please see PepsiCo's filings with the SEC, including its most recent annual
report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Investors
are cautioned not to place undue reliance on any such forward-looking
statements, which speak only as of the date they are made. PepsiCo undertakes
no obligation to update any forward-looking statements, whether as a result of
new information, future events or otherwise.

SOURCE PepsiCo, Inc.

Contact: Melisa Tezanos, Financial Communications, PepsiCo, Inc.,
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