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FOR IMMEDIATE RELEASE

Pepsi Bottling Ventures Finalizes Acquisition of South Carolina Bottler

Raleigh, NC…December 4, 2009…Pepsi Bottling Ventures, LLC (PBV) today announced that it has completed its acquisition of Pepsi Cola Bottling Company of Conway-Myrtle Beach, Inc., the Pepsi-Cola franchise bottler based in Conway, South Carolina. The financial terms of the transaction were not disclosed.

The South Carolina Company’s franchise territory includes Marion and Horry counties and includes Myrtle Beach.

Pepsi Bottling Ventures, LLC (www.pepsibottlingventures.com) is the nation’s largest privately held Pepsi-Cola bottler, operating 26 manufacturing, distribution, and sales facilities in North Carolina, New York, Delaware, Maryland, Vermont, and Idaho, serving over 9 million consumers. PBV is headquartered in Raleigh, North Carolina.

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