[Financial Highlights]
[Letter from the Chairman]
[Worldwide Snacks]
[Worldwide Beverages]
[Quaker Foods North America]
[PepsiCo Shopping List]
[Corporate Citzenship]
[Principal Divisions & Officers]
[Board of Directors]
[Common Stock Information/Stock Performance]
[Shareholder Information]
[Financial Review]
Listings include age and year elected PepsiCo director.

Left to right:
Roger A. Enrico,
John F. Akers,
Cynthia M. Trudell,
Arthur C. Martinez 		Left to right: Steven S Reinemund,
Sharon Percy Rockefeller, Solomon D. Trujillo

 Left to right: Franklin D. Raines,
 Ray L. Hunt, Indra K. Nooyi, Robert E. Allen
 Daniel Vasella

Left to right: Franklin A. Thomas,
John J. Murphy, Peter Foy, Robert S. Morrison

John F. Akers
Former Chairman of the Board
and Chief Executive Officer
International Business Machines
Corporation 67. Elected 1991.

Robert E. Allen
Former Chairman of the Board
and Chief Executive Officer
AT&T Corp.
67. Elected 1990.

Roger A. Enrico
Former Chairman of the Board
and Chief Executive Officer
PepsiCo
57. Elected 1987.

Peter Foy
Chairman
Whitehead Mann Group
61. Elected 1997.

Ray L. Hunt
Chairman and Chief
Executive Officer
Hunt Oil Company and
Chairman, Chief Executive Officer and
President, Hunt
Consolidated, Inc.
58. Elected 1996

Arthur C. Martinez
Former Chairman of the Board,
President and
Chief Executive Officer
Sears, Roebuck and Co.
62. Elected 1999.

Robert S. Morrison
Vice Chairman of the Board, PepsiCo
and Chairman, President and
Chief Executive Officer
The Quaker Oats Company
59. Elected 2001.

John J. Murphy
Former Chairman of the Board and
Chief Executive Officer
Dresser Industries, Inc.
70. Elected 1984.

Indra K. Nooyi
President and Chief Financial Officer
PepsiCo
46. Elected 2001.

Franklin D. Raines
Chairman of the Board and
Chief Executive Officer
Fannie Mae
53. Elected 1999.

Steven S Reinemund
Chairman of the Board and
Chief Executive Officer
PepsiCo
53. Elected 1996.

Sharon Percy Rockefeller
President and Chief Executive Officer
WETA Public Stations, Washington, D.C.
57. Elected 1986.

Franklin A. Thomas
Consultant
TFF Study Group
67. Elected 1994.

Cynthia M. Trudell
President
Sea Ray Group
48. Elected 2000.

Solomon D. Trujillo
Chairman, Chief Executive Officer
and President
Graviton, Inc.
50. Elected 2000.

Daniel Vasella
Chairman of the Board and
Chief Executive Officer
Novartis AG
48. Elected 2002.