PepsiCo Donates $150-thousand to Future Connect — New Leadership Development Conference by the Food Marketing Institute

ARLINGTON, VA — May 27, 2008 — PepsiCo donated $150,000 to the Food Marketing Institute (FMI) in support of Future Connect, the innovative new leadership development conference created by FMI to help companies address the need for management development with the fast-approaching retirement of the baby boomer population. Future Connect will debut May 4-6, 2009 in Dallas, TX. The check presentation was made by Indra K. Nooyi, Chairman of the Board and Chief Executive Officer, PepsiCo, to the FMI Board of Directors at a dinner in Las Vegas, NV during the FMI Show plus MARKETECHNICS®.

About FMI

As the food industry association, FMI works with and on behalf of the entire industry to advance a safer, healthier and more efficient consumer food supply chain. FMI brings together a wide range of members across the value chain — from retailers that sell to consumers, to producers that supply food and other products, as well as the wide variety of companies providing critical services — to amplify the collective work of the industry. www.FMI.org