YUM » Topics » Has the Audit Committee made a recommendation regarding the audited financial statements for fiscal 2007?

This excerpt taken from the YUM DEF 14A filed Apr 11, 2008.

Has the Audit Committee made a recommendation regarding the audited financial statements for fiscal 2007?

        Based on the Committee's discussions with management and the independent auditors and the Committee's review of the representations of management and the report of the independent auditors to the Board of Directors, and subject to the limitations on the Committee's role and responsibilities referred to above and in the Audit Committee Charter, the Committee recommended to the Board of Directors that it include the audited consolidated financial statements in the Company's Annual Report on Form 10-K for the fiscal year ended December 29, 2007 for filing with the SEC.

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