EXHIBIT 21

PEPSICO, INC. SUBSIDIARIES

NAME OF ENTITY	JURISDICTION
Ahmedabad Advertising and Marketing Company Ltd.	India
Alcasa S. A.	Chile
Alegro Internacional, S. de R. L. de C.V.	Mexico
Alimentos del Istmo S. A.	Panama
Alimentos Quaker Oats y Compania Limitada	Guatemala
Alpac Corporation	United States
Anderson Hill Insurance Limited	Bermuda
Aradhana Carbonated Beverages Private Ltd.	India
Aradhana Convenience Foods Private Limited	India
Aradhana Drinks and Beverages Private Limited	India
Aradhana Foods and Juices Private Limited	India
Aradhana Snack Food Company	India
Aradhana Soft Drinks Company	India
BAESA Capital Corporation Ltd.	Cayman Islands
Balwerk V - Consultadoria Economica e Participacoes     Sociedade Unipessoal, Lta.	Portugal
Balwerk VI - Consultadoria Economica e Participacoes     Sociedade Unipessoal, Lta.	Portugal
Beaman Bottling Company	United States
Beijing Pepsi-Cola Beverage Company Ltd.	China
Bell Taco Funding Syndicate	Australia
Beverage Service Ltd.	Bermuda
Beverage Service, Inc.	United States
Beverages, Foods & Service Industries, Inc.	United States
Bluebird Foods Limited	New Zealand
Bluejay Holdings LLC	United States
Boquitas Fiestas LLC	United States
Boquitas Fiestas S.R.L.	Honduras
Border Properties, Inc.	United States
Bosso Holdings, LLC	United States
Bottling Investment Chile	Bahamas
Bramshaw Limited	Ireland
Breckingridge, Inc.	United States
BUG de Mexico, S.A. de C.V.	Mexico
BUG Holdings S. de R.L. de C.V.	Mexico
Cane Investments S.a. r.l	Luxembourg
Capital Services Associates	Netherlands Antilles
Changchun Pepsi-Cola Beverage Company	China
Changsha Pepsi-Cola Beverage Co. Ltd.	China
China Bottlers (Hong Kong) Limited	Hong Kong

NAME OF ENTITY	JURISDICTION
China Concentrate Holdings (Hong Kong) Limited	Hong Kong
Chipiga, S. de R. L. de C.V.	Mexico
Chipima, Sociedade De Productos Alimentares, SA	Portugal
Chipsy for Food Industries S.A.E.	Egypt
Chipsy International SAE	Egypt
Chitos International y Cia Ltd.	Guatemala
Chongqing Pepsi-Tianfu Beverage Co., Ltd.	China
CMC Investment Company	Bermuda
Comercializadora Nacional SAS, Ltda.	Colombia
Comercializadora Snacks SAS, Ltda.	Venezuela
Copella Fruit Juices Limited	United Kingdom
Copper Beach LLC	United States
Corina Snacks	Cyprus
Corporativo Internacional Mexicano, S. de R.L. de C.V.	Mexico
Dark Green Australia Pty Limited	Australia
Davlyn Realty Corporation	United States
Defosto Holdings Limited	Cyprus
Desarrollo Inmobiliario Gamesa, S.de R.L. de C.V.	Mexico
Distribuidora Savoy Guatemala S.A.	Guatemala
Doritos Australia One Pty Limited	Australia
Doritos Australia Two Pty Limited	Australia
Dormant PC Ltd.	United Kingdom
D’ORO - Sociedade de Productos Alimentares, S.A.	Portugal
Duo Juice Company	United States
Duo Juice Company BV	Netherlands
Dutch Snacks Holding, S.A. de C.V.	Mexico
Duyvis B.V.	Netherlands
Duyvis Production B.V.	Netherlands
Elaboradora Argentina de Cereales, S.R.L.	Argentina
Eridanus Investments S.a.r.L.	Luxembourg
Euro Juice G.m.b.H. Import and Vertrieb	Germany
Evercrisp Snack Productos de Chile S.A.	Chile
Fabrica de Productos Alimentocios Rene y Compania     SCA	Guatemala
Fabrica de Productos Rene LLC	United States
Far East Bottlers (Hong Kong) Limited	Hong Kong
Farm Produce (Australia) Pty. Ltd.	Australia
Fester Industria Alimenticia Ltda.	Brazil
FL Transportation, Inc.	United States
FLI Andean LLC	United States
FLI Colombia, LLC	United States
FLI Snacks Andean GP, LLC	United States

2

NAME OF ENTITY	JURISDICTION
FLRC, Inc.	United States
Frito Lay Sp. Zo.o.	Poland
Frito-Lay Australia Holdings Pty Ltd.	Australia
Frito-Lay Columbia Ltda.	Colombia
Frito-Lay de Venezuela, C.A.	Venezuela
Frito-Lay Dip Company, Inc.	United States
Frito-Lay Dominicana S.A.	Dominican Republic
Frito-Lay Foods	United Kingdom
Frito-Lay France SA	France
Frito-Lay Gida Sanayi Ve Ticaret A.S.	Turkey
Frito-Lay Holdings CV	Netherlands
Frito-Lay Holdings Limited	United Kingdom
Frito-Lay Investments B.V.	Netherlands
Frito-Lay Manufacturing OOO	Russia
Frito-Lay Netherlands Holdings B.V.	Netherlands
Frito-Lay North America, Inc.	United States
Frito-Lay Poland Sp.z.o.o.	Poland
Frito-Lay RFLS Holdings, Inc.	United States
Frito-Lay Sales, Inc.	United States
Frito-Lay Trading Company (Europe) GmbH	Switzerland
Frito-Lay Trading Company (Poland) GmbH	Switzerland
Frito-Lay Trading Company GmbH	Switzerland
Frito-Lay Trinidad Unlimited	Tabago
Frito-Lay, Inc.	United States
Froooties Limited	United Kingdom
Fuelosophy, Inc.	United States
Fundacion Gamesa Quaker, A.C.	Mexico
Fundacion Sabritas, A.C.	Mexico
Gamesa LLC	United States
Gamesa USA, Inc.	United States
Gamesa, S. de R.L. de C.V.	Mexico
Gas Natural de Merida, S.A. de C.V.	Mexico
Gatorade de Mexico, S.de R.L. de C.V.	Mexico
Gatorade Limited	United Kingdom
Gatorade Puerto Rico Company	United States
Global PepsiCo Luxembourg Holdings S.a.r.l	Luxembourg
Golden Grain Company	United States
Goldfinch Holdings LLC	United States
Green Hemlock International, LLC	United States
Greenville Holding Corp.	United States
Grupo Gamesa, S. de R.L. de C.V.	Mexico

3

NAME OF ENTITY	JURISDICTION
Grupo Sabritas, S. de R.L. de C.V.	Mexico
Guangzhou Pepsi-Cola Beverage Co. Ltd.	China
Guangzhou Quaker Oats Food & Beverage Co. Ltd.	China
Hangzhou Pepsi-Cola Beverage Company Limited	China
Harbin Pepsi-Cola Beverages Co. Ltd.	China
Harinera Monterrey, S.A. de C.V.	Mexico
Hayfield Finance Company	United States
Heathland, LP	United States
Hillbrook Insurance Company, Inc.	United States
Holland Snacks S.A. de C. V.	Mexico
Homefinding Company of Texas	United States
Icaria Invest S.a.r.l.	Luxembourg
Importadora Gator, S. de R.L. de C.V.	Mexico
Inmobillaria Interamericana S.A. de C.V.	Mexico
Integrated Beverage Services (Bangladesh) Ltd.	Bangladesh
International Bottlers Almaty Ltd.	Kazakhstan
International Kas, AG	Liechtenstein
International Refreshments Co., Ltd.	Saudi Arabia
Inversiones PFI Chile Limitada	Chile
Inversiones Santa Coloma S.A. (Venezuela)	Venezuela
IZZE Beverage Co.	United States
J. E. Duke II, Inc.	United States
Japan Frito-Lay Ltd.	Japan
Jinan Pepsi-Cola Beverage Company Limited	China
Jordan Ice & Aerated Water Ltd.	Jordan
Jungla Mar del Sur	Costa Rica
KRJ Holdings, S. de R.L. de C.V.	Mexico
Kunming Pepsi-Cola Beverage Company Limited	China
Lacenix Cia. Ltda.	Ecuador
Large Investments S.a.r.l	Luxembourg
Larragana Holding 1, LLC.	United States
Larragana Holding 2, LLC.	United States
Larragana Holding 3, LLC.	United States
Larragana Holding 4, LLC.	United States
Larragana Holding 5, LLC.	United States
Larragana Holding de Espana, S.L.	Spain
Larragana, S.L.	Spain
Latin America Beverages, S. de R.L. de C.V.	Mexico
Latin America Holdings Ltd.	Cayman Islands
Latin America Snack Foods, ApS	Denmark
Latin Foods International, LLC	United States
Latvia Snacks Ltd.	Latvia
L’Igloo, S.A.	France

4

NAME OF ENTITY	JURISDICTION
Linkbay Limited	Cyprus
Lithuania Snacks Ltd.	Lithuania
Long Bay, Inc.	United States
Looza NV	Belgium
L-P Investments LLC	United States
Maizoro, S. de R.L. de C.V.	Mexico
Malpensa - Consultadoria e Servicos, LDA	Portugal
Matudis - Comercio de Produtos Alimentares, Limitada	Portugal
Matutano, S.L.	Portugal
Meadowbrook Distributing Corporation	United States
Meadowlark Holdings LLC	United States
Meadowview Development Co., Inc.	United States
Midland Bottling Co.	United States
Naked Juice Co.	United States
Naked Juice Co. Holdings, Inc.	United States
Naked Juice Co. of Glendora	United States
Naked Juice Co. of Illinois	United States
Naked Juice Co. of New Jersey	United States
NCJV, Inc.	United States
New Century Beverage Company	United States
New Generation Beverages Pty. Ltd.	Australia
New Whirled Company	United States
Nobel Leasing LLC	United States
P.B.I. Fruit Juice Company BVBA	Belgium
Panagarh Marketing Company Limited	India
Papas Chips	Uruguay
Pasteleria Vienesa, C.A.	Venezuela
PCBL, LLC	United States
PCIL USA Indonesia	Indonesia
PCIT Puerto Rico, Inc.	Puerto Rico
PCNA Manufacturing, Inc.	United States
PEI e Companhia	Portugal
PEI, N.V.	Netherlands Antilles
Peninsular Beverage Service Sdn. Bhd.	Malaysia
Pepsi Bottling Holdings, Inc.	United States
Pepsi Bugshan Investments Company	Egypt
Pepsi Cola Colombia Ltda	Colombia
Pepsi Cola Egypt	Egypt
Pepsi Cola Trading Ireland	Ireland
Pepsi Foods Private Ltd.	India
Pepsi Logisties Company, Inc.	United States
Pepsi Overseas (Investments) Partnership	Canada

5

NAME OF ENTITY	JURISDICTION
Pepsi Promotions, Inc.	United States
Pepsi Srl	Italy
Pepsi-BeiBing Yang Beverage Co. Ltd.	China
PepsiCo & Cia	Brazil
PepsiCo (China) Ltd.	China
PepsiCo (Gilbraltar) Limited	Gilbraltar
PepsiCo (India) Holdings Pvt. Ltd.	India
PepsiCo (Ireland) Limited	Bermuda
PepsiCo (Malaysia) SDN. BHD.	Malaysia
PepsiCo Alimentos Z.F., Ltda	Colombia
PepsiCo Antilles Holdings N.V.	Netherlands Antilles
PepsiCo Australia Holdings Pty Ltd.	Australia
PepsiCo Australia International	Australia
PepsiCo Beverages (Guangzhou) Limited	China
PepsiCo Beverages (Hong Kong) Limited	Hong Kong
PepsiCo Beverages International Ltd.	Nigeria
PepsiCo Beverages Italia Srl	Italy
PepsiCo Beverages Switzerland GmbH	Switzerland
PepsiCo Canada (Holdings) Co.	Canada
PepsiCo Canada Finance LLC	United States
PepsiCo Canada ULC	Canada
PepsiCo Captive Holdings, Inc.	United States
PepsiCo Caribbean, Inc.	Puerto Rico
PepsiCo Comercial Exportadora	Brazil
PepsiCo de Argentina S.R.L.	Argentina
PepsiCo de Mexico S. de R.L. de C.V.	Mexico
PepsiCo Deutschland GmbH	Germany
PepsiCo do Brazil Holdings Limitada	Brazil
PepsiCo do Brazil Ltda.	Brazil
PepsiCo Estonia	Estonia
PepsiCo Euro Bermuda Limited	Bermuda
PepsiCo Euro Finance Antilles B.V.	Curacao
PepsiCo Euro Finance Antilles N.V.	Netherlands Antilles
PepsiCo Europe Services, S.L.	Spain
PepsiCo Finance (Antilles A) N.V.	United States
PepsiCo Finance (Antilles B) N.V.	Curacao
PepsiCo Finance (South Africa) (Proprietary) Limited	South Africa
PepsiCo Finance (U.K.) Limited	United Kingdom
PepsiCo Finance Europe Limited	United Kingdom
PepsiCo Finance Luxembourg Limited	United Kingdom

6

NAME OF ENTITY	JURISDICTION
PepsiCo Financial Shared Services, Inc.	United States
PepsiCo Food & Beverage Holdings Hong Kong     Limited	Hong Kong
PepsiCo Foods (China) Co. Ltd.	China
PepsiCo Foods (Private) Limited	Pakistan
PepsiCo Foods and Beverages International Limited	United Kingdom
PepsiCo Foods Hellas	Greece
PepsiCo Foods International Holdings, Inc.	United States
PepsiCo Foods Taiwan Co., Ltd.	Taiwan
PepsiCo Foreign Sales Corporation	Barbados
PepsiCo France SNC	France
PepsiCo Global Investments BV	Netherlands
PepsiCo Global Investments Holdings Limited	Ireland
PepsiCo Global Investments II BV	Netherlands
PepsiCo Global Investments S.a.r.L.	Luxembourg
PepsiCo Gulf International FZE	United Arab Emirates
PepsiCo Holdings	United Kingdom
PepsiCo Holdings Hong Kong Limited	Hong Kong
PepsiCo India Holdings, Inc.	United States
PepsiCo Internacional Mexico S. de R.L. de C. V.	Mexico
PepsiCo International Ireland Limited	Bermuda
PepsiCo International Limited	United Kingdom
PepsiCo International Pte. Ltd.	Singapore
PepsiCo International Vietnam Company	Viet Nam
PepsiCo Investment (China) Ltd.	China
PepsiCo Investments (Europe) I BV	Netherlands
PepsiCo Investments Denmark Limited I Aps	Denmark
PepsiCo Light BV	Netherlands
PepsiCo Maurituis Holdings, Inc.	Mauritius
PepsiCo Max BV	Netherlands
PepsiCo New Zealand Holdings	New Zealand
PepsiCo Nordic Denmark A/S	Denmark
PepsiCo Nordic Finland OY	Finland
PepsiCo Nordic Norway A/S	Norway
PepsiCo Nordic Sweden AB	Sweden
PepsiCo NZ Finance Antilles B.V.	Netherlands Antilles
PepsiCo One BV	Netherlands
PepsiCo Overseas Corporation	United States
PepsiCo Pacific Trading Company, Limited	Hong Kong
PepsiCo Panimex Inc.	Mauritius
PepsiCo Pension Management Services, Ltd.	United States
PepsiCo Products BV	Netherlands

7

NAME OF ENTITY	JURISDICTION
PepsiCo Property Management Limited	United Kingdom
PepsiCo Puerto Rico, Inc.	United States
PepsiCo Services International Inc.	United States
PepsiCo Snacks France SASU	France
PepsiCo Trading (Guangzhou) Company	China
PepsiCo Twist BV	Netherlands
PepsiCo UK Pension Plan Trustee Limited	United Kingdom
PepsiCo UK Pension Trust Limited	United Kingdom
PepsiCo World Trading Company, Inc.	United States
Pepsi-Cola (Bermuda) Limited	Bermuda
Pepsi-Cola (Thai) Trading Company Limited	Thailand
Pepsi-Cola Advertising and Marketing, Inc.	United States
Pepsi-Cola Belguim S.a. r.L	Luxembourg
Pepsi-cola Beverage (Guilin) Company Limited	China
Pepsi-Cola Bottlers Holding, C.V.	Netherlands
Pepsi-Cola Bottling Company of St. Louis, Inc.	United States
Pepsi-Cola Company	United States
Pepsi-Cola de Honduras S.R.L.	Honduras
Pepsi-Cola East Africa Limited	United Kingdom
Pepsi-Cola Far East Trade Development Co., Inc.	Philippines
Pepsi-Cola Fountain Company, Inc.	United States
Pepsi-Cola Industrial Da Amazonia Ltda.	Brazil
Pepsi-Cola Interamericana de Guatemala S.A.	Guatemala
Pepsi-Cola International (Cyprus) Limited	Cyprus
Pepsi-Cola International (PVT) Limited	Pakistan
Pepsi-Cola International Limited	Bermuda
Pepsi-Cola International Limited (U.S.A.)	United States
Pepsi-Cola International, Cork	Ireland
Pepsi-Cola Kft. Hungary	Hungary
Pepsi-Cola Korea, Co., Ltd.	Korea
Pepsi-Cola Maghreb	Morocco
Pepsi-Cola Mamulleri Limited Sirketi	Turkey
Pepsi-Cola Management and Administrative Services, Inc.	United States
Pepsi-Cola Manufacturing (Ireland)	Ireland
Pepsi-Cola Manufacturing (Mediterranean) Limited	Bermuda
Pepsi-Cola Manufacturing Company of Urugauay S.R.L.	Uruguay
Pepsi-Cola Manufacturing International Limited	Bermuda
Pepsi-Cola Marketing Corp. of P.R. Inc.	United States
Pepsi-Cola Mediterranean Ltd.	United States
Pepsi-Cola Metropolitan Bottling Company, Inc.	United States
Pepsi-Cola Metropolitan, LLC	United States

8

NAME OF ENTITY	JURISDICTION
Pepsi-Cola Mexicana Holdings LLC	United States
Pepsi-Cola Mexicana, S. de R.L. de C.V.	Mexico
Pepsi-Cola Operating Company of Chesapeake and     Indianapolis	United States
Pepsi-Cola Panamericana S.R.L.	Peru
Pepsi-Cola Panamericana S.R.L.	Venezuela
Pepsi-Cola Panamericana, LLC	United States
Pepsi-Cola Portugal Marketing E Servicos de Bebidas,     LDA	Portugal
Pepsi-Cola Sales and Distribution, Inc.	United States
Pepsi-Cola Technical Operations, Inc.	United States
Pepsi-Cola U.K. Limited	United Kingdom
Pepsi-Cola Ukranine	Ukraine
Pete & Johnny Limited	United Kingdom
PFI Italia S.R.L.	Italy
PIE Holdings Limited	Ireland
Pine International LLC	United States
Planters U.K. Limited	United Kingdom
PlayCo, Inc.	United States
Polis S.R. L.	Italy
Prestwick, Inc.	United States
Productos S.A.S. C.V.	Netherlands
Products SAS Management BV	Netherlands
Produstos Gatorade de Mexico, S. de R.L. de C.V.	Mexico
PRS, Inc.	United States
PT Gatorade Indonesia	Indonesia
PT Quaker Indonesia	Indonesia
Punch N.V.	Netherlands Antilles
Punica Getranke GmbH	Germany
Putnam Holdings, Inc.	United States
QBU Marketing Services, S. de R.L. de C.V.	Mexico
QBU Trading Company, S. de R.L. de C.V.	Mexico
QFL OHQ Sdn. Bhd.	Malaysia
QTG Development, Inc.	United States
QTG Services, Inc.	United States
Quaker Bebidas, S.L.	Spain
Quaker Beverages Italia S.p.A	Italy
Quaker Cereals Limited	United Kingdom
Quaker de Ecuador Cia. Ltda.	Ecuador
Quaker Developments B.V.	Netherlands
Quaker European Beverages, LLC	United States
Quaker European Investments B.V.	Netherlands
Quaker Foods Ltd.	United Kingdom

9

NAME OF ENTITY	JURISDICTION
Quaker Golbal Investments B.V.	Netherlands
Quaker Holdings (UK) Limited	United Kingdom
Quaker Manufacturing, LLC	United States
Quaker Mexico Holdings, LLC	United States
Quaker Oats Asia, Inc.	United States
Quaker Oats Australia Pty., Ltd	Australia
Quaker Oats B.V.	Netherlands
Quaker Oats Capital Corporation	United States
Quaker Oats Europe LLC	United States
Quaker Oats Europe, Inc.	United States
Quaker Oats Japan, Ltd.	Japan
Quaker Oats Ltd.	United Kingdom
Quaker Oats Puerto Rico, Inc.	United States
Quaker Peru S.R.L.	Peru
Quaker Products Limited	United Kingdom
Quaker Products Manufacturing Import, Export and     Marketing Ltd. Co.	Turkey
Quaker Sales & Distribution, Inc.	United States
Quaker Trading Limited	United Kingdom
Red Maple LLC	United States
Refrigerantes sul Riograndenses S.A.	Brazil
Regia-Comercial E Publicidade Ltda.	Brazil
Rolling Frito-Lay Sales, LP	United States
S.C. Star Foods E.M. S.R.L.	Romania
S.V.E. (Hungary) Trading and Manufacturing Limited	Hungary
Sabritas de costa Rica, S. de R.L.	Costa Rica
Sabritas Snacks America Latina de Nicaragua y Cia,     Ltda	Nicaragua
Sabritas y Compania, SCA	El Salvador
Sabritas, LLC	United States
Sabritas, S. de R.L. de C.V.	Mexico
Sakata Rice Snacks Australia Proprietary Limited	Australia
Seepoint Holdings Ltd.	Cyprus
Senrab Limited	Ireland
Servicios Chipiga, S. de R.L. de C.V.	Mexico
Servicios Harinera Monterrey, S.A. de C.V.	Mexico
Servicios Operativos Gatorade de Mexico, S. de R.L. de C.V.	Mexico
Seven-Up Asia, Inc.	United States
Seven-Up Europe Limited	United Kingdom
Seven-Up Great Britain, Inc.	United States
Seven-Up Ireland	Bermuda
Seven-Up Light BV	Netherlands

10

NAME OF ENTITY	JURISDICTION
Seven-Up Netherlands BV	Netherlands
Seven-UP Southern Hemisphere, Inc.	United States
Shanghai PepsiCo Snacks Company Limited	China
Shanghai Quaker Oats Beverage Co. Ltd.	China
Shenyang Pepsi-Cola Beverage Co., Ltd.	China
Shenzhen Pepsi-Cola Beverage Co. Ltd.	China
Shoebill, LLC	United States
Sichuan Pepsi-Cola Beverage Co., Ltd.	China
SIH International LLC	United States
Simba Pty Ltd.	South Africa
Smartfoods, Inc.	United States
Smiths Crisps Limited	United Kingdom
Smiths Foods Group, B.V.	Netherlands
Snack Food Holdings C.V.	Netherlands
Snack Food Investments GmbH	Switzerland
Snack Food Investments II GmbH	Switzerland
Snack Food Investments Limited	Bermuda
Snack Food-Beverage Asia Products Limited	Hong Kong
Snack Foods Belgium B.V.B.A.	Belgium
Snack Ventures Europe SCA	Belgium
Snack Ventures Inversiones, S.L.	Spain
Snack Ventures Manufactruing S.L.	Spain
Snacks America Latina Ecuador Cia. Ltda	Ecuador
Snacks America Latina Peru S.R.L.	Peru
Snacks America Latina S.R.L.	Peru
Snacks America Latina Venezuela S.R.L.	Venezuela
Snacks Guatemala, Ltd.	Bermuda
Snacks Ventures S.A.	Spain
SoBe Operating Corp., Inc.	United States
South Beach Beverage Company, Inc.	United States
Sportmex Internacional, S.A. De C.V.	Mexico
Stacy’s Pita Chip Company, Incorporated	United States
Star Foods S.A.	Poland
Stokely-Van Camp, Inc.	United States
Sun Foods Inc.	United States
SVC Latin America, Inc.	United States
SVC Latin America, LLC	United States
SVC Logistics, Inc.	United States
SVC Manufacturing, Inc.	United States
SVE Italia	Italy
SVE Russia Holdings GmbH	Germany

11

NAME OF ENTITY	JURISDICTION
Tastes of Adventures Pty. Ltd.	Australia
Tasty Foods S.A.	Greece
TFL Holdings, Inc.	United States
The Concentrate Manufacturing Company of Ireland	Ireland
The Fresh Juice Company of Florida, Inc.	United States
The Gatorade Company	United States
The Gatorade Company of Australia Pty Ltd.	Australia
The Original Pretzel Company Pty. Ltd.	Australia
The Quaker Oats Company	United States
The Radical Fruit Company of New York	Ireland
The Smiths Snackfood Company Ltd.	Australia
Tobago Snack Holdings, LLC	United States
TPI Urban Renewal Corporation	United States
Tropicana Alvalle S.L.	Spain
Tropicana Beverages Company	India
Tropicana Beverages Greater China Limited	Hong Kong
Tropicana Beverages Limited	Hong Kong
Tropicana Europe NV	Belgium
Tropicana Holding Company, Inc.	United States
Tropicana Inversiones, S. L.	Spain
Tropicana Looza BENELUX BVBA	Belgium
Tropicana Manufacturing Company, Inc.	United States
Tropicana Products Sales, Inc.	United States
Tropicana Products, Inc.	United States
Tropicana Services, Inc.	United States
Tropicana Transportation Corp.	United States
Tropicana United Kingdom Limited	United Kingdom
Twisties Australia One Pty Limited	Australia
Twisties Australia Two Pty Limited	Australia
United Food Company S.A.	Brazil
Valores Bermuda S.R. L.	Venezuela
Valores Mapumar	Venezuela
Veurne Snackfoods BVBA	Belgium
Walkers (Nominees) Limited	United Kingdom
Walkers Crisps Limited	United Kingdom
Walkers Snack Foods Limited	United Kingdom
Walkers Snack Services Limited	United Kingdom
Walkers Snacks (Distribution) Limited	United Kingdom
Walkers Snacks Limited	United Kingdom
Wotsits Brands Limited	United Kingdom
Xi’an Pepsi-Cola Beverage Company Limited	China
Zhanjiang Pepsi Cola Beverages Limited	China

12