5% revenue increase at Pepsi Bottling Group

PBG reported second quarter 2008 revenue of $3.5 billion, a five percent increase over prior year, net income was $174 million.

 PBG reported net revenue per case
growth of eight percent, which was led by robust growth in Europe and
Mexico. Net revenue per case improved five percent in the U.S. and
Canada segment due primarily to rate increases.

Total worldwide physical case volume
declined three percent. The shift of the Easter holiday into the
first quarter of 2008 in the U.S. and Canada reduced worldwide volume
in total by one percentage point and volume in the U.S. and Canada by
two percentage points. Volume in the U.S. and Canada segment declined
four percent as a result of the shift of the Easter holiday and
overall weakness in the liquid refreshment beverage category.
European volume grew one percent, as growth in Russia and Turkey was
partially offset by volume declines in Spain. In Mexico, volume
declined three percent.