PepsiAmericas, Inc. (NYSE: PAS) today announced that its Board of Directors declared a first quarter 2010 dividend of $0.14 per share on PepsiAmericas common stock. The dividend is payable April 1, 2010 to shareholders of record on March 5, 2010. The board reviews the dividend policy on a quarterly basis.

About PepsiAmericas

PepsiAmericas is the world's second-largest manufacturer, seller and distributor of PepsiCo beverages. PepsiAmericas serves territories in a significant portion of a 19-state region in the U.S.; Central and Eastern Europe, including Ukraine, Poland, Romania, Hungary, the Czech Republic and Slovakia; and through the company’s joint venture, the Caribbean and Central America. For more information, please visit www.pepsiamericas.com.

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