EXHIBIT 21
ACTIVE SUBSIDIARIES OF PEPSICO, INC.
DECEMBER 28, 1996
State or
Country of
Subsidiary Incorporation
A & M Food Services, Inc. ......................... Nevada
El KrAm, Inc..................................... Iowa
Pizza Huts of the Northwest, Inc................. Minnesota
Ainwick Corporation................................ Oregon
Anderson Hill Insurance Limited.................... Bermuda
Atlantic Soft Drink Company, Inc. ................. South Carolina
Atlantic Holding Company......................... California
Atlantic Soft Drink Company of Knoxville......... Tennessee
Beaman Bottling Company............................ Tennessee
Beverages, Foods & Service Industries, Inc......... Delaware
Chevys, Inc........................................ California
CPK Acquisition Corp............................... California
California Pizza Kitchen, Inc.................... Maryland
California Pizza Kitchen of Annapolis.......... California
California Pizza Kitchen of Illinois, Inc...... Illinois
California Pizza Kitchen of Scottsdale, Inc.... Arizona
Davlyn Realty Corporation.......................... Delaware
Equity Beverage, Inc. ............................. Delaware
FLRC, Inc.......................................... California
Hostess-FL NRO Ltd. ............................... Canada
Hot 'n Now, Inc. .................................. Michigan
HNN, Inc......................................... Delaware
Japan Frito-Lay Ltd................................ Japan
Kentucky Fried Chicken of California, Inc. ........ Delaware
Kentucky Fried Chicken of Southern California, Inc. California
KFC West, Inc...................................... Delaware
Mountain Dew Marketing, Inc........................ Delaware
National Beverages, Inc. .......................... Florida
North Pacific Territories Holding Company.......... Washington
Alpac Corporation................................ Washington
Gamble, Inc.................................... Oregon
MBA Western Co................................. Delaware
Western Bottling Company, Inc................ Washington
Mann Bottling Company, Inc................. Idaho
Pepsi Cola Bottling Company of
Everett, Inc.............................. Washington
Pepsi-Cola Bottling Company of Alaska, Inc..... Alaska
PepsiCo Capital Corporation N.V. .................. Neth. Antilles
Bramshaw Limited................................. Ireland
PepsiCo Global Investments B.V.................. Netherlands
Pepsi-Cola France SNC.......................... France
Pepsi-Cola G.m.b.H............................. Germany
Florida Int'l
Fruchtsaftgetraenke G.m.b.H.................. Germany
PepsiCo Restaurants International Ltd. & Co. K.G. Germany
Kentucky Fried Chicken Corporate Holdings, Ltd. Delaware
Kentucky Fried Chicken International Holdings, Inc. Delaware
PepsiCo Eurasia Limited...................... Delaware
Seven-Up Nederland B.V. ..................... Netherlands
PepsiCo Investments (Europe) I B.V......... Netherlands
Pepsi-Cola International (PVT) Limited... Pakistan
PepsiCo IVI S.A. .......................... Greece
PepsiCo Restaurants Internationl (Taiwan) Co. Ltd. Taiwan
Pepsi-Cola Belgium S.A..................... Belgium
Pepsi-Cola Mamulleri Limited Sirketi....... Turkey
Pizza Gida Isletmeleri................... Turkey
Pizza Hut Korea Co., Ltd................... Korea
Uzay Gida Sanayive Picaret A.S............. Turkey
KFC Canada (NRO) Ltd......................... Canada
Pamimex (Mauritius).............................. Mauritius
PepsiCo (India) Holdings....................... India
PepsiCo Finance (Antilles A) N.V. ............... Neth. Antilles
Pepsi-Cola Canada (NRO) Ltd. .................. Canada
Pepsi-Cola Canada, Ltd. ..................... Canada
KFCC/PepsiCo Holdings Ltd.................. Canada
Sociedad de Productora y Sabores C.A. (SOPRESA) Venezuela
PepsiCo Finance (Antilles B) N.V. ............... Neth. Antilles
Senrab Limited ................................ Netherlands
PepsiCo Worlwide Investments B.V............. Netherlands
Pepsi-Cola Argentina, S.A.C.I.................... Argentina
Inversiones PFI Chile Limitada................. Chile
Evercrisp Snack Products de Chile S.A........ Chile
Pepsi-Cola CR SPOL SRO........................... Czech Republic
Pepsi Snacks Argentina S.A....................... Argentina
PepsiCo Captive Holdings, Inc...................... Delaware
Hillbrook Insurance Company, Inc................. Vermont
Mexico Trust Company............................ Mexico
PepsiCo Holdings Ltd............................... England
Kentucky Fried Chicken (Great Britain) Limited... England
PepsiCo International Ltd........................ England
PepsiCo Property Management Limited.............. England
PepsiCo World Trading Company (UK) Ltd. ......... England
Pizza Hut International (UK) Ltd................. England
Smiths Crisps Limited............................ England
Walkers Snack Foods Limited...................... England
Crispflow Limited.............................. England
Frito-Lay Holdings Limited..................... England
PFI Agriculture Europe Ltd..................... England
PepsiCo Investment (China) Ltd..................... China
PepsiCo China, Ltd. ............................. China
Shanghai Pizza Hut Company....................... China
PepsiCo Overseas Corp. ............................ Delaware
PepsiCo Overseas Finance N.V. ..................... Neth. Antilles
PepsiCo Pacific Trading Co. Ltd.................... Hong Kong
PepsiCo Restaurant Services Group, Inc............. Delware
PepsiCo Services Corp.............................. Delaware
PepsiCo World Trading Company, Inc. ............... Delaware
Pepsi-Cola (Bermuda) Limited....................... Bermuda
Pepsi-Cola Manufacturing Company of Uruguay S.A.. Uruguay
The Concentrate Manufacturing Company of Ireland. Ireland
Seven-Up (Ireland) Limited.................... Ireland
Pepsi-Cola Manufacturing (Ireland)............ Ireland
PARCO N.V................................... Neth. Antilles
Paine Corporation N.V. ................... Neth. Antilles
Paige N.V............................... Neth. Antilles
PepsiCo Finance (U.K.) Limited........ England
Pepsi-Cola Kft. Hungary............. Hungary
Pizza Belgium S.A................... Belgium
E Wedel S.A......................... Poland
PepsiCo (Ireland) Limited............. Ireland
Pepsi-Cola Bottling Company of Los Angeles......... California
Pepsi-Cola Commodities, Inc. ...................... Delaware
Pepsi-Cola de Espana, S.A.......................... Spain
Compania de Bebides PepsiCo, S.A................. Spain
Kas S.A.......................................... Spain
Snack Ventures Europe S.C.A...................... Spain
Pepsi-Cola France S.A.R.L.......................... France
Pepsi-Cola Equipment Corp. ........................ New York
Pepsi-Cola Far East Trade Development Co., Inc. ... Philippines
Pepsi-Cola Gesellschaft m.b.H...................... Austria
Pepsi-Cola Interamericana de Guatemala S.A......... Guatemala
Pepsi-Cola International Limited................... Bermuda
Pepsi-Cola International Limited (U.S.A.).......... Delaware
Pepsi-Cola Metropolitan Bottling Company, Inc. .... New Jersey
General Cinema Beverages, Inc. .................. Delaware
New Century Beverage Company..................... California
Belfast Bottling Co. of Reno................... Nevada
PepsiCo Puerto Rico, Inc......................... Delaware
PRS, Inc....................................... Delaware
PEI N.V...................................... Neth. Antilles
PepsiCo do Brazil Holdings Ltda............ Brazil
Capital Services Associates............... Neth. Antilles
Pepsi-Cola Alton Bottling, Inc................... Illinois
Pepsi-Cola Mediterranean, Ltd. .................. Wyoming
Seven-Up International, Inc...................... Delaware
Seven-Up Southern Hemisphere, Inc. ............ Missouri
Pepsi-Cola Mexicana S.A. de C.V. .................. Mexico
Pepsi-Cola Panamericana, S.A....................... Delaware
Pepsi-Cola Panamericana, S.A..................... Venezuela
Pepsi-Cola Personnel, Inc.......................... Delaware
Pepsi Cola San Joaquin Bottling Company............ Delaware
Pepsi-Cola (Thai) Trading Co., Ltd................. Thailand
Pepsi Stuff, Inc................................... Delaware
Pizza Hut, Inc. ................................... Delaware
PepsiCo Australia Pty., Ltd. .................... Australia
Frito-Lay Australia............................ Australia
Kentucky Fried Chicken Pty. Ltd................ Australia
Pizza Hut of America, Inc. ...................... Delaware
Bell Taco Funding Syndicate.................... Australia
PGCC, Inc...................................... Delaware
Pepsi-Cola Bottling Company of Ohio, Inc..... Delaware
Pizza Management, Inc.............................. Texas
Recot, Inc......................................... Delaware
Frito-Lay, Inc. ................................. Delaware
FL Holding, Inc................................ Delaware
Opco Holding Inc. ........................... Delaware
Pepsi-Cola Operating Company of Chesapeake
and Indianapolis.......................... Delaware
Frito-Lay JV, Inc.............................. Delaware
Midland Bottling Co............................ Delaware
Beverage Products Corporation................ Oklahoma
EIEIO Beverage Company....................... Delaware
Pepsi-Cola Bottling Company of
St. Louis, Inc............................ Missouri
Wetter Beverage Company...................... Delaware
NKFC, Inc...................................... Delaware
QSR, Inc..................................... Delaware
KFC Enterprises, Inc. ..................... Delaware
Kentucky Fried Chicken Corporation....... Delaware
KFC Corporation........................ Delaware
KFC National Management Company...... Delaware
Smartfoods, Inc. .............................. Delaware
TGCC, Inc...................................... Delaware
General Cinema Beverages of
North Florida, Inc.......................... Delaware
General Cinema Beverages of Virginia, Inc.... Delaware
General Cinema Beverages of
Washington, D.C., Inc....................... Delaware
Redux Realty, Inc. ................................ Delaware
Rice Bottling Enterprises, Inc. ................... Tennessee
Rio Grande Snack Company........................... Delaware
Sabritas, S.A. de C.V. ............................ Mexico
Corporativo International S.A. de C.V............ Mexico
PepsiCo Worldwide Holdings..................... Neth. Antilles
Empresas Gamesa, S.A. de C.V..................... Mexico
Groupo Gamesa, S.A. de C.V..................... Mexico
Shelbyville Bottling Company, Inc.................. Tennessee
Taco Bell Corp. ................................... California
Calny, Inc....................................... Delaware
Taco Bell of California, Inc..................... California
Taco Bell Royalty Company........................ California
Taco Caliente, Inc............................. Arizona
Taco Del Sur, Inc.............................. Georgia
Tenga Taco, Inc................................ Florida
Taco Enterprises, Inc. .......................... Michigan
TBLD Corp........................................ California
TFL Holdings, Inc. ................................ Delaware
Upper Midwest Pizza Hut, Inc....................... Delaware
Von Karman Leasing Corp. .......................... Delaware
Wilson International Sales Corporation............. Delaware
Omitted from the above list are approximately 375 insignificant or inactive
subsidiaries which, if considered in the aggregate as a single subsidiary,
would not constitute a significant subsidiary. The list also excludes
approximately 100 subsidiaries of Pizza Hut, Inc., of which xx operate
restaurants in the U.S., and approximately 40 subsidiaries of Kentucky Fried
Chicken Corporation and Kentucky Fried Chicken Corporate Holdings, Ltd.,
which operate restaurants outside of the U.S.