WELCOME

Aileen BlakeVice President - FinancePlanning & Analysis

AGENDAOur CompanyOur DivisionOur CultureKey SkillsFinance OrganizationCareer PathKey Dates

PepsiCo, Inc.Consumer products giant focusing on convenient snacks, foods & beveragesFortune 100 company Over 143,000 employees worldwideFounded in 1965 via merger of Pepsi-Cola and Frito-LayTropicana acquired in 1998Merged with Quaker in 2001

PepsiCo, Inc.2002 Net Sales of $25 Billion2002 Operating profits of $5.3 Billion2002 EPS growth of +26%+13% earnings growth or better for the past 15 quarters15 brands that each generate over $1 billion in sales annually

FloridaNew YorkChicagoShelf Stable

PepsiCo Beverages & Foods - ChicagoU.S. Foods: Quaker oatmeal, ready-to-eat cereals, rice and pasta side dishes, pancake mixes and syrupSports/Fitness Beverages: Gatorade and PropelConvenience Foods: Quaker granola bars, Crispums, cereal barsShelf Stable Beverages: Tropicana Twister, Tropicana Juice Blends

PepsiCo Beverages & Foods - Chicago

Taste The SuccessPowerful BrandsPassion for GrowthCulture of Shared PrinciplesCommitment to ResultsAbility to Make an ImpactQuality People

Powerful BrandsQuaker and Gatorade are 2 PepsiCo brands with >$1 billion in salesCategory leadersHighly profitableConsistent growth

Passion for GrowthOur focus on growth results in big challenges, responsibilities and increased opportunities across the board personal, professional and financial.

Culture of Shared PrinciplesOur employees value the freedom to act - that is a core part of our informal work environment. The absence of hierarchy means that the ability to create effective relationships is a key to success at PepsiCo.

Commitment to ResultsOur winning culture is built upon a drive for results and an entrepreneurial spirit. Results are expected, recognized and rewarded.

Ability to Make an ImpactThe entrepreneurial spirit is alive at PepsiCo. We offer a powerful infrastructure to support and execute great ideas.

Diversity & InclusionOffering a workplace where diversity is valued helps us build the top-quality workforce so crucial to our success -- by enabling us to attract and retain great people from a wide spectrum of backgrounds.

#9 on Fortunes 50 Best Companies for MinoritiesTop 50 Best Companies for Hispanic Women in the U.S. (Latina Style)Top 50 Company for Minorities (DiversityInc.com)Diversity & Inclusion

Quality PeopleWe have world-class people at every level, in every division, in every country contributing to our success every day.

Quality PeopleAccounting and/or Finance majors (cumulative GPA > 3.0/4.0) Finance majors must complete a minimum of 12-15 hours of accounting courses, including intermediate accountingSolid financial and technical skills Good interpersonal skills

Quality PeopleExcellent problem solving and analytical abilitiesIntegrity Leadership and teamwork skillsDesire to succeed with a focus on results

Finance OverviewDemonstrating passion, integrity, and objectivityEstablishing and evolving a business environment with an appropriate balance between control/risk management and business accountabilityInfluencing management decision makingReporting and evaluating financial performanceAccounting & Finance will be the trusted proactive business partner that will drive business to achieve superior results by:

Finance OverviewLeading effective business planningSafeguarding assets through sound controlsDriving efficiency and productivity through all business processesEnhancing capabilities through the organizationAccounting & Finance will be the trusted proactive business partner that will drive business to achieve superior results by:

Finance OrganizationControllers GroupSupply ChainBusiness UnitCustomer OrganizationPlanning & Analysis

Finance OrganizationControllers GroupCost AccountingVariances & Period CostsFood Co-packer AccountingCorporate Accounting & ReportingIncome Statement, Balance Sheet & Cash FlowTax AccountingLegal Entity Statements & Tax ProvisionProperty AccountingDepreciation & Asset ManagementOperational Accounting

Finance OrganizationSupply ChainLogisticsFreight and warehousingProduct Group Supply Chain FinanceVariances & Period CostsPlant & Beverage Co-packer AccountingCost Accounting

Finance OrganizationBusiness UnitFinancial Planning & Analysis(Gatorade, Shelf Stable, Foods)SalesA&MTrade & Consumer Incentives

Finance OrganizationCustomer OrganizationSales Accounting & FinanceCBCCustomer Financial Services (CFS)CreditCollectionsCashDeductionsCoupons

Finance OrganizationPlanning & AnalysisInternal/External Financial CommunicationAnnual Plan, Forecasts Support & StrategyPortfolio AnalysisCapex Control

But what is a typical career path like at PepsiCo Beverages & Foods?

Career PathCost AccountingStaff AccountantCorporate Accounting & AnalysisSenior AccountantCFSCredit AnalystGatorade FinanceSenior AnalystPlanning & AnalysisSupervisorFoods Supply Chain FinanceManager

Valerie HaftCost Accountant

Emma SmithFinance Analyst - Wal-Mart

What else should you know?Competitive SalaryRewards tied to individual and company performanceSharePower stock options grant program401(k) tax deferred savings plan75% tuition reimbursementCompensation & BenefitsTrainingIndividualized on the job Orientation to the function and companySkill development training (Internal and External)LifestyleFun, high energy cultureTalented, diverse workforce Company-subsidized fitness centerHeadquarters located in downtown Chicago

Key Dates

Campus Interviews October 13thFinal Round Interviews end of October

Now, I'd like to give you an opportunity to hear directly from the source. Jaclyn Park, an AMM on our cereals business is going to share a few of her key experiences and background.I am going to provide you with a top-line view of the PepsiCo organization. We are #62 on the Fortune 500 list with over 140,000 employees across the globe with leading brands and products focusing on convenient snacks, foods and beverages. The Quaker and Gatorade brands became a part of PespsiCo with the 2001 merger.Our financial snapshot for 2002 and brand portfolio is truly world-class. PepsiCo is among the Top 5 worlds leading food and beverages companies. PepsiCo, Inc. consists of 2 divisions - Frito Lay, located in Plano, Texas and PepsiCo Beverages & Foods. PepsiCo Beverages & Foods consists of the Tropicana chilled business in Bradenton, Florida; Brand Pepsi and the carbonated soft drink businesses in Purchase, New York; and the Quaker, Gatorade and Tropicana Shelf Stable businesses in Chicago, which is our focus today.The Chicago based business represent $XXX in net sales.PepsiCo Beverages & Foods Chicago houses a variety of brands and businesses.Powerful brands is an integral component of our culture across all of the divisions. Let me share with you how we at PepsiCo think about our careers, our associates, and our brands.Taste the Success! Defines what we stand for at all divisions in the PepsiCo family - the excitement of being part of a dynamic, results-oriented company, with powerful brands and world-class people. Let me give you a clear view of what this looks like.

I mentioned that PepsiCo has several brands that generate over $1 billion dollars in sales. Quaker and Gatorade are just two of those brands.At PepsiCo, we drive growth by innovating to satisfy ever-changing consumer needs which results in big challenges for our associates.Our most recent innovations target the consumers need for convenience and portability. Our Fruit N Oatmeal Bites and Quaker Breakast Squares target the on-the-go consumer. PepsiCo is a community of talented people guided by shared principles. Our informal, inclusive work environment makes it easier to get things done and we take pride in doing things the right way.

.At PepsiCo, we like to win. We are committed to being market leaders and strengthening our go-to-market systems all over the world. And at PepsiCo, results are recognized and rewarded. We are a meritocracy where promotions are based on individual contributions and performance instead of class dynamics.

We make sure that every single employee has the opportunity to make a difference.

.Quality People at PepsiCo and throughout the divisions, includes our commitment to provide equal opportunity and advancement for all qualified employees and strive to provide a workplace that fosters productivity. We inspire our people to realize their fullest potential. Our changing marketplace, shifting populations, workplace demographic trends and changing consumer and customer bases also mean that having a diversity strategy is critical to maintaining a competitive advantage in the marketplace.

.Were proud of our diversity and inclusion accomplishments and we actively focus on maintaining our competitive advantage in this area.

Ive given an overview on who we are as an organization and division. I want to give you an example of what we do in marketing using one of our core businesses, Gatorade. Ive provided a snapshot of the new PepsiCo. I am now going to talk to you a little more in depth about our Quaker business and our marketing opportunities.Ive provided a snapshot of the new PepsiCo. I am now going to talk to you a little more in depth about our Quaker business and our marketing opportunities.Ive provided a snapshot of the new PepsiCo. I am now going to talk to you a little more in depth about our Quaker business and our marketing opportunities.Ive provided a snapshot of the new PepsiCo. I am now going to talk to you a little more in depth about our Quaker business and our marketing opportunities.Ive provided a snapshot of the new PepsiCo. I am now going to talk to you a little more in depth about our Quaker business and our marketing opportunities.Ive provided a snapshot of the new PepsiCo. I am now going to talk to you a little more in depth about our Quaker business and our marketing opportunities.Ive provided a snapshot of the new PepsiCo. I am now going to talk to you a little more in depth about our Quaker business and our marketing opportunities.Ive provided a snapshot of the new PepsiCo. I am now going to talk to you a little more in depth about our Quaker business and our marketing opportunities.Ive provided a snapshot of the new PepsiCo. I am now going to talk to you a little more in depth about our Quaker business and our marketing opportunities.Ive provided a snapshot of the new PepsiCo. I am now going to talk to you a little more in depth about our Quaker business and our marketing opportunities.Ive provided a snapshot of the new PepsiCo. I am now going to talk to you a little more in depth about our Quaker business and our marketing opportunities.Ive provided a snapshot of the new PepsiCo. I am now going to talk to you a little more in depth about our Quaker business and our marketing opportunities.Ive provided a snapshot of the new PepsiCo. I am now going to talk to you a little more in depth about our Quaker business and our marketing opportunities.Now, I'd like to give you an opportunity to hear directly from the source. Jaclyn Park, an AMM on our cereals business is going to share a few of her key experiences and background.Ive provided a snapshot of the new PepsiCo. I am now going to talk to you a little more in depth about our Quaker business and our marketing opportunities.Ive provided a snapshot of the new PepsiCo. I am now going to talk to you a little more in depth about our Quaker business and our marketing opportunities.