PEPSICO INC

Ticker: PEP CUSIP: 713448108 Class: COM

Independent Franchise Partners LLP's Holding History (CIK: 0001483866)

Note: Option positions (PUT/CALL) are excluded.

Q3 2014

Shares 1,210,811 Value ($000) $112,714 Avg Close $64.88 Range $62.01 - $67.28

Q2 2014

Shares 910,440 Value ($000) $81,338 Avg Close $60.92 Range $57.70 - $63.99

Q1 2014

Shares 874,225 Value ($000) $72,997 Avg Close $56.86 Range $53.82 - $58.98

Q4 2013

Shares 900,576 Value ($000) $74,693 Avg Close $57.75 Range $54.61 - $60.20

Q3 2013

Shares 892,037 Value ($000) $70,916 Avg Close $56.75 Range $54.18 - $60.00

Q2 2013

Shares 907,549 Value ($000) $74,228 Avg Close $56.00 Range $53.55 - $58.02

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	1,210,811	$112,714	$64.88	$62.01 - $67.28
Q2 2014	910,440	$81,338	$60.92	$57.70 - $63.99
Q1 2014	874,225	$72,997	$56.86	$53.82 - $58.98
Q4 2013	900,576	$74,693	$57.75	$54.61 - $60.20
Q3 2013	892,037	$70,916	$56.75	$54.18 - $60.00
Q2 2013	907,549	$74,228	$56.00	$53.55 - $58.02