PepsiCo Foundation Announces Grant to Save the Children to Address Malnutrition in Developing Nations

In Bangladesh, local health workers will expand treatment of the most common causes of mortality among children, treat severe malnutrition with ready-to-use food and improve hygiene and sanitation practices. Save the Children also will train families to generate income from local resources, enabling them to provide their children with a more diverse diet.

This grant builds on PepsiCo Foundation's commitments of more than $4 million for environmental and health programs in India and Bangladesh in 2008. It is consistent with PepsiCo Foundation's vision of creating a better tomorrow for the global community and in advancing the Millennium Development Goals, which include improving hunger, malnutrition and health conditions in the developing world by the year 2015.

About the PepsiCo Foundation
Established in 1962, PepsiCo Foundation is the philanthropic anchor of PepsiCo, responsible for providing charitable contributions to eligible non-profit organizations. The Foundation is committed to developing sustainable partnerships and programs in underserved regions that provide opportunities for improved health, environment and inclusion. For more information visit: http://www.pepsico.com/Purpose/PepsiCo-Foundation.aspx.

About PepsiCo
PepsiCo is one of the world's largest food and beverage companies, with 2008 annual revenues of more than $43 billion. The company employs approximately 198,000 people worldwide, and its products are sold in approximately 200 countries. Its principal businesses include: Frito-Lay snacks, Pepsi-Cola beverages, Gatorade sports drinks, Tropicana juices and Quaker foods. For more information, please visit www.pepsico.com.

About Save the Children
Save the Children is the leading independent organization creating lasting change for children in need in the United States and around the world. For more than 75 years, Save the Children has been helping children survive and thrive by improving their health, education and economic opportunities and, in times of acute crisis, mobilizing lifesaving assistance to help children recover from the effects of war, conflict and natural disasters. For more information, visit: www.savethechildren.org