PepsiAmericas Names Cynthia Swanson to Board of Directors

    Business Editors

    MINNEAPOLIS--(BUSINESS WIRE)--Feb. 24, 2005--PepsiAmericas, Inc. (NYSE:PAS) today announced that Cynthia Swanson was elected to the Company's Board of Directors, effective February 23, 2005.
    In making the announcement, PepsiAmericas' Chairman and Chief Executive Officer Robert C. Pohlad said, "Cynthia's business and financial expertise and knowledge of the Pepsi business will be of great value to PepsiAmericas. We look forward to working with her and to her contributions to the PepsiAmericas' Board."
    Ms. Swanson has spent over 14 years with PepsiCo Inc. in various finance positions including serving as Chief Financial Officer for Pepsi-Cola International's Central European operations. Currently, Ms. Swanson is Vice President of Global Mergers and Acquisitions Group at PepsiCo.
    Ms. Swanson graduated from Mount Holyoke with a Bachelor of Arts degree in economics in 1983 and holds a Masters in Business Administration from The Wharton School.
    Ms. Swanson currently resides in New Canann, Connecticut with her husband and two children.

    PepsiAmericas is the second largest Pepsi bottler with operations in 19 states, Central Europe including Poland, Hungary, the Czech Republic and Republic of Slovakia, and the Caribbean including Puerto Rico, Jamaica, the Bahamas, Barbados, and Trinidad and Tobago. In total, PepsiAmericas serves geographic areas with a population of more than 122 million people. PepsiAmericas manufactures, distributes and markets a broad portfolio of Pepsi-Cola, and other national and regional brands. PepsiCo, Inc. (NYSE:PEP) beneficially owns an approximately 41.1 percent equity interest in PepsiAmericas.

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CONTACT: PepsiAmericas, Inc., Minneapolis Investor Relations Contact: Kathryn Koessel, 612-661-3830

KEYWORD: MINNESOTA INDUSTRY KEYWORD: SUPERMARKETS FOODS/BEVERAGES RETAIL MANAGEMENT CHANGES SOURCE: PepsiAmericas, Inc.

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