The Pepsi Bottling Group, Inc. Announces New Independent Auditor

Business Wire, June 6, 2005

SOMERS, N.Y. -- The Pepsi Bottling Group, Inc. (NYSE: PBG) today announced that the Audit and Affiliated Transactions Committee of PBG's Board of Directors has retained Deloitte & Touche LLP as the Company's new independent auditor. While this appointment is effective immediately, PBG's current independent auditor, KPMG LLP, will work closely with Deloitte & Touche to ensure a smooth transition.

As previously disclosed in PBG's Proxy Statement for its 2005 Annual Meeting of Shareholders, the Company issued a request for proposal for independent audit services in February to fully evaluate various auditing firms' offerings. KPMG LLP has been PBG's independent auditor since PBG became a public company in 1999 and was invited to submit a proposal.

KPMG LLP has confirmed that there were no disagreements between PBG and KPMG LLP on any matters of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

In making this announcement, PBG Senior Vice President and Chief Financial Officer Alfred H. Drewes said, "Our Audit Committee led a thorough evaluation of several independent auditing firms. In the course of that review, they were very impressed with the capability and services of Deloitte & Touche. We look forward to working with them in the coming years.

"We would also like to thank KPMG for their contributions over the past six years. The services they provided have been valued and appreciated by our Audit Committee, our Board of Directors and PBG management."

The Pepsi Bottling Group, Inc. is the world's largest manufacturer, seller and distributor of Pepsi-Cola beverages with operations in the U.S., Canada, Greece, Mexico, Russia, Spain and Turkey. To receive press releases by e-mail, please visit http://www.pbg.com.