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This excerpt taken from the PBG DEF 14A filed Mar 31, 2006. Corporate Governance Principles and
Practices. PBG initially adopted a
statement of Corporate Governance Principles and Practices in
1999. The statement was revised by the Board in March 2004 to
comply with the NYSE corporate governance rules. The revised
statement of Corporate Governance Principles and Practices is
posted on the PBG website at http://www.pbg.com under Investor
Relations-Company Information-Corporate Governance and is
available in print to any PBG shareholder upon request
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