X0202 4 2005-04-19 0000010664 BEAU CHER PRODUCTIONS WHR 0001219007 WHITE MICHAEL D PEPSICO INTERNATIONAL 700 ANDERSON HILL RD. PURCHASE NY 10577 1 0 0 0 Common Stock 1400 D Deferred Phantom Stock under the Nonemployee Dir Equity Plan 2005-04-19 4 A 0 827 0 A Common 827 D Stock Options 2005-04-19 4 A 0 1589 0 A Common 1589 1589 D All shares are held in the name of the undersigned's broker. Deferral of receipt of stock compensation awarded under the Nonemployee Director Equity Plan in a transaction exempt under Rule 16b-3(d). Shares of stock are payable in common stock of the company in a one-for-one basis following the reporting person's departure from the board. Deferred shares earn dividend equivalents in phantom stock. Stock option awarded on 04/19/05 at the option price of $64.73 per share under the Nonemployee Director Equity Plan. All shares will become exercisable six months after the award date. The expiration date is either 20 years from the award date or the second anniversary of the date the Director ceases being a Director. /s/ Robert T. Kenagy 2005-04-20