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PepsiAmericas Declares Third Quarter Dividend

Minneapolis - August 5, 2009 - PepsiAmericas, Inc. (NYSE: PAS) today announced that its Board of Directors declared a third quarter 2009 dividend of $0.14 per share on PepsiAmericas common stock. The dividend is payable October 1, 2009 to shareholders of record on September 15, 2009. The board reviews the dividend policy on a quarterly basis.

About PepsiAmericas
PepsiAmericas is the world's second-largest manufacturer, seller and distributor of PepsiCo beverages. With annual sales of $4.9 billion in 2008, PepsiAmericas serves territories with a population of more than 200 million in a significant portion of a 19-state region in the U.S.; Central and Eastern Europe, including Ukraine, Poland, Romania, Hungary, the Czech Republic and Slovakia; and through the company's new joint venture, the Caribbean and Central America. For more information, please visit www.pepsiamericas.com.

Investor Contact:
Sara Zawoyski
PepsiAmericas, Inc.
(612) 661-3830

Press Contact:
Mary Viola
PepsiAmericas, Inc.
(847) 598-2870



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