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Exhibit 21
Subsidiaries of The Pepsi Bottling Group, Inc
As of December 27, 2003
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NAME OF SUBSIDIARY JURISDICTION
AJN Holdings, Inc. Delaware
Alistar Beverages Corporation Washington
Allied Acquisition Company of Delaware, Inc. Delaware
Atlantic Holding Company California
Atlantic Soft Drink Company, Inc. South Carolina
Avalon Lake, LLC Delaware
Beverage Products Corporation Oklahoma
Bottling Group Holdings, Inc. Delaware
Bottling Group, LLC Delaware
C & I Leasing, Inc. Maryland
Centran, Inc. Pennsylvania
CSD Sawgrass, Inc. Florida
D.C. Beverages, Inc. Delaware
Desormeau Vending Corp. New York
General Cinema Beverages of North Florida, Inc. Delaware
General Cinema Beverages of Virginia, Inc. Delaware
General Cinema Beverages of Washington, D.C., Inc. Delaware
Gray Bern Holdings, Inc. Delaware
Grayhawk Leasing, LLC Delaware
Hillwood Bottling, LLC Delaware
International Bottlers Management Co. LLC Delaware
New Bern Transport Corporation Delaware
PBG Canada Finance, LLC Delaware
PBG Canada Finance II, LLC Delaware
PBG Canada Holdings, Inc. Delaware
PBG Canada Holdings II, Inc. Delaware
PBG Commerce, LLC Delaware
PBG Michigan, LLC Delaware
PBG Spirituosen Holdings, LLC Delaware
PBG Texas, L.P. Delaware
Pepsi-Cola Allied Bottlers, Inc. Delaware
Pepsi-Cola Commodities, LLC Delaware
Pepsi-Cola General Bottlers of Princeton, Inc. West Virginia
Pepsi-Cola General Bottlers of Virginia, Inc. Virginia
Pepsi-Cola Laurel Bottling Company Pennsylvania
Primrose, LLC Delaware
Rice Bottling Enterprises, Inc. Tennessee
Rockledge Holdings, LLC Delaware
TGCC, Inc. Delaware
Valley Pond, LLC Delaware
White Co., Inc. Delaware
Woodlands Insurance Company Vermont
PBG Canada Global Holdings ULC Canada
The Pepsi Bottling Group (Canada), Co. Canada
PBG Investment Partnership Canada
PBG Investment (Luxembourg) Sarl Luxembourg
Onbiso Inversiones, S.L. Spain
Pepsi Bottling Group GmbH Germany
Pepsi-Cola Bottling Beteiligungsges GmbH Germany
Aspetuck Ireland Limited Ireland
Tanglewood Finance, Sarl Luxembourg
PepsiCo IVI S.A. Greece
Dornfell Ireland
PBG Northern Atlantic Limited Ireland
Pepsi-Cola Bottling Finance B.V. The Netherlands
Pepsi Bottling Group Global Finance Sarl Luxembourg
Pepsi-Cola Bottling Global B.V. The Netherlands
GB Russia LLC (St. Petersburg) Russia
PepsiCo Holdings OOO (Russia) Russia
Pepsi-Cola Soft Drink Factory of Sochi Russia
Pepsi International Bottlers (Ekaterinburg) LLC Russia
Pepsi International Bottlers (Samara) LLC Russia
Abechuko Inversiones, S.L. Spain
Alikate Inversiones, S.L. Spain
Bottling Group Espana, S.L. Spain
Catalana de Bebidas Carbonicas, S.A. Spain
Canguro Rojo Inversiones, S.L. Spain
Centro-Mediterreanea de Bebidas Carbonicas
PepsiCo S.C.m.p.a. Spain
Centro-Levantina de Bebidas Carbonicas PepsiCo S.L. Spain
Celestecasa Inversiones, S.L. Spain
Compania de Bebidas PepsiCo, S.A. Spain
KAS, S.L. Spain
Mountain Dew Inversiones, S.L. Spain
Enfolg Inversiones, S.L. Spain
Gatika Inversiones, S.L. Spain
Greip Inversiones, S.L. Spain
PBG Holding de Espana ETVE, S.A. Spain
Jatabe Inversiones, S.L. Spain
Jugodesalud Inversiones, S.L. Spain
Lorenzito Inversiones, S.L. Spain
Manurga Inversiones, S.L. Spain
Migliori Inversiones, S.L. Spain
Nadamas Inversiones, S.L. Spain
PBG Financiera y Promocion de Empresas, S.L. Spain
PBG Commercial SECOR, S.L. Spain
PepsiCo Ventas Andalucia, S.A. Spain
Stepplan Inversiones, S.L. Spain
Beimiguel Inversiones, S.L. Spain
Aquafina Inversiones, S.L. Spain
Wesellsoda Inversiones, S.L. Spain
Rasines Inversiones, S.L. Spain
Rebujito Inversiones, S.L. Spain
Ronkas Inversiones, S.L. Spain
Pet-Iberia, S.L. Spain
Retana Inversiones SPE, S.L. Spain
Spirituosen, S.A. Spain
Constar Ambalaj Sanyi Ve Ticaret A.S. Turkey
Fruko Mesrubat Sanayii, A.S. Turkey
Mekta Ticaret, A.S. Turkey
PepsiCo Middle East Investments The Netherlands
Pepsi-Cola Servis Dagitim, A.S. Turkey
The Pepsi Bottling Group Mexico S.R.L. Mexico
Gemex Holdings LLC Delaware
Embotelledores Internacionales de Mexico S.R.L Mexico
Duingras Holdings, B.V. The Netherlands
Embotelladores Del Valle de Anahuac, S.R.L. Mexico
Embotelladores Mexicanos de Pepsi Cola S.R.L. Mexico
Embotelladora de Refrescos Mexicanos S.R.L. Mexico
Envasadora Del Centro, S.R.L. Mexico
Embotelladora Moderna, S.R.L Mexico
Embotelladora La Isleta, S.R.L. Mexico
Embotelladores Del Bajio, S.R.L. Mexico
Finvemex, S.R.L. Mexico
Nueva Santa Cecilia, S.R.L. Mexico
Servicios Administativos Suma, S.R.L. Mexico
Bienes Raices Metropolitanos, S.R.L. Mexico
Fomentadora Urbana Metropolitana, S.R.L. Mexico
Equipos Para Embotelladoras Y Cervecerias, S.R.L. Mexico
Industria de Refrescos, S.R.L. Mexico
Bedidas Purificadas Del Sureste S.R.L. Mexico
Marketing para Embotelladoras, S.R.L Mexico
Procesos Plasticos S.R.L. Mexico
Inmobiliaria La Bufa, S.R.L. Mexico
Central de La Industria Escorpion S.R.L. Mexico
Fomentadora Urbana del Surestes, S.R.L . Mexico
Embotelladora Metropolitana, S.R.L. Mexico
Embotelladora Potosi, S.R.L. Mexico
Electropura, S.R.L. Mexico
Inmobiliaria Operativa S.R.L. Mexico
Embotelladora Garci-Crespo, S.R.L. Mexico
Distribuidora Garci-Crespo, S.R.L. Mexico
Inmobiliaria La Cantera, S.R.L. Mexico
Granja Buen Agua, S.R.L. Mexico
Bebidas Purificadas Del Noreste, S.R.L. Mexico
Tenedora Del Noreste, S.R.L. Mexico
Grupo Embotellador Noreste, S.R.L. Mexico
Industria de Refrescos Del Noreste, S.R.L. Mexico