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The Pepsi Bottling Group Declares Dividend

SOMERS, N.Y.-(Business Wire)-January 30, 2008 - The Board of Directors of The Pepsi Bottling Group, Inc. (NYSE: PBG) has declared a quarterly dividend of $0.14 per share on PBG's common stock. The dividend is payable March 31, 2008 to PBG shareholders of record on March 7, 2008.

The Pepsi Bottling Group, Inc. is the world's largest manufacturer, seller and distributor of Pepsi-Cola beverages with annual sales of nearly $14 billion. With over 70,000 employees worldwide, PBG has operations in the U.S., Canada, Mexico, Russia, Spain, Turkey and Greece. For more information, visit the Company's website at www.pbg.com.

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