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Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Coca-Cola Enterprises Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">PepsiAmericas, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">PepsiCo, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">The Coca-Cola Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">The Pepsi Bottling Group, Inc.</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80089113</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091132</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80417179</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80542325</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80939502</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80940432</fitch:companyid><pubDate>7/18/2008 6:34:32 PM</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01030000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01030100</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01030101</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01030102</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">275</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Special Report</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">CCE</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">KO</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">PAS</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">PBG</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">PEP</fitch:ticker><title>Large Beverage Companies: In Search of Growth as US Trends Remain Weak</title><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">393706_report_frame</fitch:docid><category>Credit &amp; Investment Research</category><alacra:ip>FitchResearch</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/MCOM-0004-26531014</link><guid isPermaLink="false">newstex/MCOM-0004-26531014</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> Jul. #, #### (M# Communications Ltd. delivered by Newstex) -- Manufacturer, seller and distributor of Pepsi-Cola beverages The Pepsi Bottling Group Inc (NYSE: PBG) on # July reported results for the second quarter of #### ended ## June...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04007000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04007008</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016018</newstex:cat><pubDate>7/9/2008 5:16:10 AM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18004000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18008000</newstex:event><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">M2 EquityBites</newstex:Publication><title>The Pepsi Bottling Group posts Q2 2008 results</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">MCOM-0004-26531014</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">PEPSI BOTTLING GROUP INC</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">PBG</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/B1877833</link><guid isPermaLink="false">ccbn/B1877833</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>...Continues to demonstrate an ability to deliver strong results despite the challenging set of business conditions that currently exist. ...

</description><pubDate>7/8/2008 3:04:00 PM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Pepsi Bottling Group</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Edited</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Q2 2008 Pepsi Bottling Group Earnings Conference Call Summary</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">PBG</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">11:00am ET</ccbn:time><title>Q2 2008 Pepsi Bottling Group Earnings Conference Call Summary</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Brief</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">B1877833</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T1877833</link><guid isPermaLink="false">ccbn/T1877833</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>...Welcome to the Pepsi Bottling Groups' second quarter earnings conference call. At this time, all participants are in a listen only mode. Later we will conduct a questions and answer session. (OPERATOR INSTRUCTIONS). As a reminder, today's conference is being recorded, Tuesday July #, ####. Please note, the Company's cautionary statement. Statements made in this conference call that relate to future performance or financial results of this Company, our forward-looking statements which involve uncertainties that could cause actual performance or results to materially differ. PBG undertakes no obligation to update any of these statements. Listeners are cautioned not to place undue reliance on these forward-looking statements, which should be taken in conjunction with the additional information about risk and uncertainties set forth in the Company's annual report on Form ##-K for the year ended December ##, ####. ...

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</description><pubDate>4/23/2008 3:06:00 PM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Pepsi Bottling Group</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Edited</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Q1 2008 Pepsi Bottling Group Earnings Conference Call Summary</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">PBG</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">11:00am ET</ccbn:time><title>Q1 2008 Pepsi Bottling Group Earnings Conference Call Summary</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Brief</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">B1826287</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T1826287</link><guid isPermaLink="false">ccbn/T1826287</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>...At this time, all participants are in a listen-only mode. Later, we will conduct a question-and -answer session. (OPERATOR INSTRUCTIONS) As a reminder, today's conference is being recorded Wednesday, April ##rd ####. Please note the Company's cautionary statements. Statements made in this conference call that relate to future performance or financial results of this Company are forward-looking statements, which involve uncertainties that could cause actual performance or results to materially differ. PBG undertakes no obligation to update any of these statements. Listeners are cautioned not to place undue reliance on these forward-looking statements, which should be taken in conjunction with the additional information about risks and uncertainties set forth in the Company's annual report on form ##-K for the year ended December ##th, ####.. ...

</description><pubDate>4/23/2008 12:09:00 PM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Pepsi Bottling Group</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Q1 2008 Pepsi Bottling Group Earnings Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">PBG</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">11:00am ET</ccbn:time><title>Q1 2008 Pepsi Bottling Group Earnings Conference Call Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T1826287</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/BW-0001-24714207</link><guid isPermaLink="false">newstex/BW-0001-24714207</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> SOMERS, N.Y., Apr. ##, #### (Business Wire) -- The Pepsi Bottling Group, Inc. (NYSE: PBG) today reported first quarter #### revenue of $#.# billion, a seven percent increase over prior year. 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