AR October 2006

Keep America Beautiful, Inc. has chosen PepsiCo, Inc. as its 2006 Vision for America Award honoree. Keep America Beautiful acknowledged PepsiCo for the corporation’s leadership role in preserving the environment.

The Vision for America Award is presented annually to leaders of corporations whose personal and corporate commitment have enhanced civic, environmental and social stewardship throughout the United States. PepsiCo chairman and CEO Steven S Reinemund will accept the 21st annual Vision for America Award on behalf of PepsiCo and its subsidiaries and bottling partners on October 17.

PepsiCo’s sustainability vision to make “Tomorrow better than Today” encompasses all aspects of its operations by encouraging conservation, recycling and energy use programs that promote clean air and water, and reduce landfill waste.

An active supporter of Keep America Beautiful programs since the 1960s, PepsiCo and its bottling partners have participated in and supported a wide range of initiatives at both the national and local affiliate level. Its Pepsi-Cola North America division is a charter sponsor of Keep America Beautiful’s Great American Cleanup.

Pepsi-Cola has been a strong supporter of Keep America Beautiful classroom education. With funds from a Pepsi-Cola grant, Keep America Beautiful developed a highly successful educational poster, titled “236 Million Tons of Trash,” that shows students how communities manage their municipal solid waste. Reducing solid waste is just one of the many environmental issues that Keep America Beautiful has addressed through the partnership and support of PepsiCo.

Recently, Pepsi-Cola North America’s Aquafina water brand teamed up with KAB and SAM’S CLUB to “Return the Warmth” to local communities through a large-scale recycling program. More than 30 million plastic beverage bottles have been collected throughout the country during KAB’s Great American Cleanup in the program’s first year. “Return the Warmth” promotes recycling, and “completes the loop” by turning recycled PET materials into fleece jackets which are provided to needy children.