700 Anderson Mountain Road
Buy, New York 10577-1444
March twenty-three, 2012
Special Fellow PepsiCo Shareholders:
Were pleased to request you to enroll in our 2012 Annual Conference of Shareholders, which will be organised on Wed, May two, 2012 for 9: 00 a. m. Eastern Daytime Time on the North Carolina History Center in Tryon Palace, 529 Southern Front Road, New Bern, North Carolina 28562. New Bern, North Carolina may be the " birthplaceвЂќ of PepsiCo, and we happen to be pleased to be returning to this historic place for the 2012 Annual Meeting. For your convenience, we will give you a live webcast of our Annual Appointment on our website at www.pepsico.com below " InvestorsвЂќвЂ”" Investor Demonstrations. вЂќ 2011 was a significant year pertaining to PepsiCo. We all delivered solid top- and bottom-line expansion and made disciplined investments in the organization to generate long lasting value. We all bolstered the strong management team simply by bringing in external talent with skills that will aid position PepsiCo to perform in a new and changing environment. Alberto Weisser, the Chairman and Chief Executive Officer of Bunge Limited, a worldwide food, product and agribusiness company, became a member of our Plank of Directors in Sept 2011. All of us also added two crucial executives to the senior crew: Enderson Guimaraes, who was recently executive vice president and chief executive officer of Electrolux's appliances organization in The european countries, Africa and the Middle East, joined all of us as Director of Global Functions, and Maura A. Johnson, who was previously general lawyer of Foreign Paper Organization, joined us as Business Vice President, Authorities Affairs, General Counsel and company Secretary.
2012 is another critical year for PepsiCo. We are implementing several key endeavours to further strengthen our Company and enhance shareholder value. To aid our Industry’s growth internationally, we have also announced important changes to the organizational framework, namely that John C. Compton provides assumed the role of President, PepsiCo, and that Brian C. Cornell, who was lately president and chief executive officer of Sam's Membership, a highly successful division of Wal-Mart Stores, Inc., has rejoined PepsiCo because CEO, PepsiCo Americas Foods. In addition , among our long-serving directors, Arthur C. Martinez, has reached our Board's retirement age and for that reason will leave the workplace from the Panel effective as of the Annual Meeting. We thank Arthur for his many years of exemplary service to we. At the Twelve-monthly Meeting, all of us will ask you to elect each of our Board of Directors, validate the scheduled appointment of KPMG LLP since our self-employed registered community accountants, offer your prediction approval of the executive payment, re-approve the performance actions in our 3 years ago Long-Term Bonus Plan, and vote upon three aktionar proposals. We all will review the Company's progress during the past 12 months and discuss any other organization matters correctly brought ahead of the meeting. The attached Proxy server Statement talks about our voting procedures, explains the business all of us will execute and provides advice about the Company that you should consider as you vote the shares. We are pleased to again take advantage of the Securities and Exchange Commission rules that allow issuers to furnish web proxy materials to their shareholders around the Internet. We expect these rules allow all of us to provide you with the what you need while decreasing the costs of delivery and reducing environmentally friendly impact of our Annual Meeting. Your have your vote is very important to us. Whether or not your decide to attend the Annual Appointment in person, all of us encourage you to vote immediately. You may political election by phone or over the Internet, or with just, signing, online dating and returning the surrounded proxy credit card or have your vote instruction form if you wanted to receive imprinted proxy materials. Thank you for your ongoing support of PepsiCo.
Indra K. Nooyi
Chairman in the Board and
Chief Executive Officer
DETECT OF 2012 ANNUAL GETTING TOGETHER WITH OF INVESTORS
Date and Time............