New York, October 09, 2014 -- Moody's Investors Service stated today that the ratings and rating outlook for Yum! Brands, Inc. (Yum) are not currently affected by the company's announcement that it has lowered its earnings guidance for its full year 2014. The current ratings include: Baa3 for senior unsecured debt and Baa2 for guaranteed senior unsecured debt. The rating outlook continues to be stable. For further information, please see www.moodys.com.

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