<SUBMISSION>
<ACCESSION-NUMBER>0001041061-02-000018
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20021009
<ITEMS>5
<ITEMS>7
<FILING-DATE>20021015
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>YUM BRANDS INC
<CIK>0001041061
<ASSIGNED-SIC>5812
<IRS-NUMBER>133951308
<STATE-OF-INCORPORATION>NC
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>001-13163
<FILM-NUMBER>02788621
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>1441 GARDINER LANE
<CITY>LOUISVILLE
<STATE>KY
<ZIP>40213
<PHONE>5028748300
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>1900 COLONEL SANDERS LANE
<CITY>LOUISVILLE
<STATE>KY
<ZIP>40213
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>GREAT AMERICAN RESTAURANT CO
<DATE-CHANGED>19970618
</FORMER-COMPANY>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>TRICON GLOBAL RESTAURANTS INC
<DATE-CHANGED>19970627
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k3q02.htm
<DESCRIPTION>THIRD QUARTER 02 PRESS RELEASE
<TEXT>
<HTML>
<head>
<title>Thid quarter 2002 Press Release</title></head>
<BODY>

<HR SIZE=5 NOSHADE><BR><BR>

<p ALIGN=CENTER><b><FONT SIZE=4>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</font></b><BR>
<font size=3>Washington, D.C. 20549</font><BR><BR>
<font size=4><b>FORM 8-K</b><BR><BR>
CURRENT REPORT</FONT><BR><BR>
<font size=3><b>Pursuant to Section 13 or 15(d) of the Securities Exchange Act
 of 1934<BR><BR>
Date of Report (Date of earliest event reported)</b><BR>
<b>October 9, 2002</b><BR><BR>
<b>Commission file number 1-13163</b></font><BR></p>

<HR SIZE=1 WIDTH=15% ALIGN=CENTER NOSHADE>

<p align=center><b><FONT SIZE=4>YUM! BRANDS, INC.</font></b><BR>
<font size=3>(Exact name of registrant as specified in its charter)</font><BR>
<BR>

<TABLE>
<TR VALIGN="BOTTOM">
     <TD align=center width=35%>North Carolina</Td>
<td width=40%>&nbsp;</td>
     <Td  align=center width=25%>13-3951308</Td></TR>
<TR VALIGN="TOP">
     <TD align=center ><HR Size=1 noshade width=85%></TD>
<td>&nbsp;</td>
     <TD align=center ><HR Size=1 noshade width=70%></TD></TR>
<TR VALIGN="TOP">
     <TD align=center >(State or other jurisdiction</TD>
<td>&nbsp;</td>
     <TD align=center >(IRS Employer</TD></TR>
<TR VALIGN="TOP">
     <TD align=center >of incorporation or organization)</TD>
<td>&nbsp;</td>
     <TD align=center > Identification No.)</TD></TR>
</TABLE><BR><BR>

<p align=center>1441 Gardiner Lane, Louisville, Kentucky&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40213<BR>
(Address of principal executive offices)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Zip Code)</p>

<BR>

<p align=center>Registrant's telephone number, including area code:&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;(502) 874-8300</p>

<BR>

<p align=center>Former name or former address, if changed since last report:
&nbsp;&nbsp;N/A</P>

<BR><BR>

<HR SIZE=5 NOSHADE>

<BR><BR>


<p>Item 5.&nbsp;<U>OTHER EVENTS</U></p>

<blockquote>On October 9, 2002 YUM! Brands,  Inc. issued a press release with respect to earnings for the third quarter ended September 7, 2002.  A copy of such press release is attached hereto as Exhibit 99 and incorporated herein by reference.</blockquote>

<p>Item 7.&nbsp;<U>FINANCIAL STATEMENTS AND EXHIBITS</U></p>

<blockquote>(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exhibits<BR><BR>

99&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Press release dated October 9, 2002 from YUM! Brands, Inc.</blockquote>


<BR><BR><BR>
<p align=center>2</P>
<HR NOSHADE>
<BR><BR><BR>

<p ALIGN=CENTER><FONT SIZE=3>SIGNATURE</FONT></p>

<p align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the  requirements of the
Securities  Exchange Act of 1934, the registrant has duly caused this report
to be signed on its behalf by the undersigned hereunto duly authorized.</p>


<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
<TD WIDTH="45%">&nbsp;</td>
<TD><U>YUM! BRANDS, INC.</u><BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Registrant)<BR>
</TD></TR>
</TABLE>
<BR>
<BR><BR><BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD WIDTH="45%">Date:&nbsp;&nbsp;&nbsp;&nbsp;October 15, 2002</TD>
     <TD><P ALIGN="LEFT">&nbsp;&nbsp;<u>/s/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brent A. Woodford&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
</P></TD>
</TR>
</table>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD WIDTH="45%">&nbsp;</TD>
     <TD>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vice President and Controller</TD></TR>
</TABLE>


<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD WIDTH="45%">&nbsp;</TD>
     <TD>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Principal Accounting Officer)</TD></TR>
</TABLE>

<BR><BR>
<p align=center>3</p>
<HR NOSHADE>
<BR><BR><BR>

<P align=center><b>YUM! BRANDS, INC. REPORTS THIRD-QUARTER ONGOING OPERATING<BR>
                                   EARNINGS OF $0.49 PER SHARE, UP 21% FROM A YEAR AGO</b></P>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%"><B>-</b> </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="left"><b>RAISES
FULL-YEAR 2002 ONGOING OPERATING EPS GUIDANCE TO A RANGE OF $1.89 TO $1.91 FROM AT LEAST
$1.88 PREVIOUSLY</b> </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%"><B>-</b> </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"><b> REPORTS
THIRD-QUARTER INTERNATIONAL SYSTEMWIDE SALES INCREASED 10% PRIOR TO CONVERSION TO U.S.
DOLLARS, U.S.  SAME-STORE SALES INCREASED 3% </b></P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%"><B>-</b> </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"><b> REPORTS
SEPTEMBER (PERIOD 10) INTERNATIONAL SYSTEMWIDE SALES INCREASED 9% PRIOR TO CONVERSION TO
U.S. DOLLARS,  U.S. SAME-STORE SALES DECLINED 1% </b></P></TD>
</TR>
</TABLE>
<BR>


<P><B>Louisville, Ky. (October 9, 2002)</b> - Yum! Brands, Inc. (NYSE: YUM) today reported results for the third quarter ended
September 7, 2002.</p>

<P>Highlights of the third quarter:</P>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">- </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> U.S.
portfolio blended same-store sales at company restaurants grew 3%. </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">- </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> International
revenues grew 16% and international ongoing operating profit increased 22%, both in U.S.
dollar  terms. </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">- </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> Worldwide
restaurant margin increased 1.7 percentage points to 16.4%. </P></TD>
</TR>
</TABLE>
<BR>


<p align=center><b>Financial Highlights</b><BR>
($ Millions Except Per Diluted Share Amounts)</p><BR><BR>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="1">Q3<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">% Change<BR>Vs.<BR>Prior Year<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">YTD<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">% Change<BR>Vs.<BR>Prior Year<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>

<TH COLSPAN="1"></TH>
<TH COLSPAN="1"></TH>
</TR>
<TR VALIGN="BOTTOM">
     <TD WIDTH="30%" ALIGN="LEFT">System Sales</TD>
     <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="7%" ALIGN="RIGHT">5,930</TD>
        <TD WIDTH="7%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="7%" ALIGN="RIGHT">13</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="7%" ALIGN="RIGHT">16,631</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="7%" ALIGN="RIGHT">8</TD>
        <TD WIDTH="2%" ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Revenues</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,915</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">17</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">5,296</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">11</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Ongoing Operating Earnings</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">153</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">23</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">420</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">30</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As % of Revenue</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">8.0</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">+0.4</TD>
        <TD ALIGN="LEFT">ppts</TD>
     <TD ALIGN="RIGHT">7.9</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">+1.1</TD>
        <TD ALIGN="LEFT">&nbsp;ppts</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><B>Ongoing Operating EPS</B></TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT"><B>0.49</b></TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT"><B>21</B></TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT"><B>1.35</b></TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT"><b>26</b></TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Net Facility Actions EPS</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(0.03)</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">NM</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(0.08)</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">NM</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Unusual Items EPS</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">0.01</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">NM</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">0.05</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">NM</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Reported EPS</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">0.47</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">16</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1.32</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">22</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
</TABLE>
<BR><BR><BR>
<BR><BR><BR>
<BR><BR>
<p align=center>4</p>
<HR NOSHADE>
<BR><BR><BR>


<P>David C. Novak, Chairman and CEO, said, <I>&#147;Yum! Brands had another outstanding
quarter with better than expected results  driven by exceptional performance from our
international and Taco Bell businesses.</I></P>

<P><I>&#147;Our international business posted its 17th straight quarter of system same-store
sales growth, and recorded a 16%  increase in revenues and a 22% increase in ongoing
operating profit. Along with our franchise partners, we are on track  to open
approximately 1,000 new restaurants outside the U.S., generating +5% to +6% net growth in
system restaurants  this year. In China, where KFC is the leading consumer brand, we
recently opened our 700th KFC and the country&#146;s first  drive-through restaurant.</i></P>

<P><I>&#147;Our U.S. portfolio delivered 3% blended same-store sales growth from company
restaurants, which was at the high end of  our forecast range. This blended portfolio
performance was driven by 10% growth at Taco Bell, while KFC was flat and  Pizza Hut was
down 1% versus a year ago. For the full year, we expect U.S. portfolio blended same-store
sales to  increase at least 2%.</I></P>

<P><I>&#147;We continue to make significant progress executing our multibranding strategy
&#151; by uniquely offering our customers the  choice of two great brands in one
restaurant. We now expect to add 375 multibrand restaurants systemwide this year,
exceeding our target of 325. Multibranding KFC and Taco Bell restaurants with our
recently acquired brands &#151; Long John  Silver&#146;s and A&amp;W &#151; continues to
drive significant boosts to sales, cash flow, and improved unit economics. The addition
of these two brands more than triples our long-term opportunities for multibranded
locations in the U.S. to more than  13,000 restaurants. Importantly, our pipeline for
2003 looks strong, and we expect our multibrand development to  accelerate each year.</I></P>

<P><I>&#147;Given our strong results year to date, we are raising our full-year 2002 ongoing
operating EPS guidance to a range of  $1.89 to $1.91 from our previous guidance of at
least $1.88. We expect to deliver ongoing operating EPS, in a range of  $0.54 to $0.56
per share for the fourth quarter of 2002.&#148;</I></P>

<P>Following is an update on Yum! Brands&#146; international and U.S.
business segments as well as key drivers, which include  global expansion, portfolio of
leading U.S. brands, multibranding expansion, franchise fees and cash generation and
returns:</P>

<BR><BR>
<p align=center>5</p>
<HR NOSHADE>
<BR><BR><BR>

<P><B><U>INTERNATIONAL BUSINESS PERFORMANCE</u></b></p><BR><BR>



<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="7">Q3</TH>
     <TH COLSPAN="1" ALIGN="RIGHT"></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="3" ALIGN="RIGHT"></TH>
     <TH COLSPAN="3">Year to Date</TH>
          <TH COLSPAN="1"></TH></TR>
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2">&nbsp;</TH>
     <TH COLSPAN="1" ALIGN="RIGHT">&nbsp;</TH>
     <TH COLSPAN="1">&nbsp;</TH>
     <TH COLSPAN="1" ALIGN="RIGHT">&nbsp;</TH>
     <TH COLSPAN="1">&nbsp;</TH>
     <TH COLSPAN="1" ALIGN="RIGHT">&nbsp;</TH>
     <TH COLSPAN="1">&nbsp;</TH>
     <TH COLSPAN="1">&nbsp;</TH>
     <TH COLSPAN="1" ALIGN="RIGHT">&nbsp;</TH></TR>
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="3">Inc/(Dec)<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="4">Inc/(Dec)<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="1"></TH></TR>
<TR VALIGN="BOTTOM">
     <TH COLSPAN="1"><P align=left>($ millions)</P></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1" ALIGN="RIGHT">2002<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1" ALIGN="RIGHT">2001<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1" ALIGN="RIGHT">Reported<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">Excl F/x(a)<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1" ALIGN="RIGHT"></TH>
     <TH COLSPAN="1">2002<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1" ALIGN="RIGHT"></TH>
     <TH COLSPAN="1">2001<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1" ALIGN="RIGHT"></TH>
     <TH COLSPAN="1">Reported<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="2">Excl F/x(a)<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH></TR>
<TR VALIGN="BOTTOM">
     <TD WIDTH="25%" ALIGN="LEFT"><BR>Revenue</TD>
     <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="5%" ALIGN="RIGHT">$593</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="5%" ALIGN="RIGHT">$514</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="5%" ALIGN="RIGHT">+16</TD>
     <TD WIDTH="4%" ALIGN="LEFT">%</TD>
 <TD WIDTH="7%" ALIGN="RIGHT">+13</TD>
     <TD WIDTH="4%" ALIGN="LEFT">%</TD>
     <TD WIDTH="5%" ALIGN="RIGHT">$1,640</TD>
     <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
        <TD WIDTH="5%" ALIGN="RIGHT">$1,431</TD>
     <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
        <TD WIDTH="5%" ALIGN="RIGHT">+15</TD>
     <TD WIDTH="4%" ALIGN="LEFT">%</TD>
         <TD WIDTH="4%" ALIGN="RIGHT">+15</TD>
     <TD WIDTH="4%" ALIGN="LEFT">%</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><BR>Restaurant Margin</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">16.9</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">14.5</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">+2.4</TD><TD ALIGN="LEFT">&nbsp;ppts</TD>
     <TD ALIGN="RIGHT">+2.4</TD><TD ALIGN="LEFT">&nbsp;ppts</TD>
     <TD ALIGN="RIGHT">16.2</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">13.7</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">+2.5</TD><TD ALIGN="LEFT">&nbsp;ppts</TD>
     <TD ALIGN="RIGHT">+2.5</TD><TD ALIGN="LEFT">&nbsp;ppts</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><BR>Ongoing Operating Profit</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$100</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;82</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">+22</TD><TD ALIGN="LEFT">%</TD>
     <TD ALIGN="right">+21</TD><TD ALIGN="left">%</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;268</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;214</TD>
        <TD ALIGN="left">&nbsp;</TD>
     <TD ALIGN="RIGHT">+25</TD><TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">+27</TD><TD ALIGN="LEFT">%</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"></TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
</TABLE>
<BR><BR>


<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(a) </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> Prior
to foreign exchange conversion to U.S. dollars. </P></TD>
</TR>
</TABLE>
<BR>

<P>In the third quarter and year to date for Yum! Brands&#146; international business,
net new-restaurant development was the  primary driver of revenue and ongoing operating
profit growth. Improvement in restaurant margin was also a key factor in  ongoing
operating profit growth both for third quarter and year to date.</P>

<P>For the full year 2002, the company has increased its forecast for U.S. dollar growth
in international revenues to a  mid-teens rate from a low- to mid-teens rate previously.
International ongoing operating profit is expected to grow at  least 21%. Based on
current foreign currency rates, the company expects a neutral to slightly negative impact
from  foreign currency conversion on ongoing operating profit for the full year. The
Australian dollar, British pound  sterling, Canadian dollar, Chinese renminbi, Japanese
yen, Korean won, and Mexican peso are all important currencies in  the company&#146;s
international business.</P>



<P><B><U>UNITED STATES PORTFOLIO PERFORMANCE</u></b></P>

<BR><BR>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="5">Q3</TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1" ALIGN="RIGHT"></TH>
     <TH COLSPAN="5">Year to Date</TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1"></TH></TR>
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2">&nbsp;</TH>
     <TH COLSPAN="2">&nbsp;</TH>
     <TH COLSPAN="2">&nbsp;</TH>
     <TH COLSPAN="2">&nbsp;</TH>
     <TH COLSPAN="2">&nbsp;</TH>
     <TH COLSPAN="2">&nbsp;</TH>
     <TH COLSPAN="2">&nbsp;</TH></TR>
<TR VALIGN="BOTTOM">
     <TH COLSPAN="1"><P align=left>($ millions)</P></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1" ALIGN="RIGHT">2002<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="1"></TH>
          <TH COLSPAN="1" ALIGN="RIGHT">2001<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1" ALIGN="RIGHT">Inc/(Dec)<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1" ALIGN="RIGHT">2002<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1" ALIGN="RIGHT">2001<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1" ALIGN="RIGHT">Inc/(Dec)<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH></TR>
<TR VALIGN="BOTTOM">
     <TD WIDTH="31%" ALIGN="LEFT">U.S. Portfolio Same-Store Sales(a) </TD>
     <TD WIDTH="3%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="7%" ALIGN="RIGHT">+3</TD>
        <TD WIDTH="4%" ALIGN="LEFT">%</TD>
     <TD WIDTH="7%" ALIGN="RIGHT">(1</TD>
        <TD WIDTH="5%" ALIGN="LEFT">)%</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">NM</TD>
     <TD WIDTH="3%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="7%" ALIGN="RIGHT">+3</TD>
        <TD WIDTH="4%" ALIGN="LEFT">%</TD>
     <TD WIDTH="7%" ALIGN="RIGHT">Even</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">NM</TD>
     <TD WIDTH="2%" ALIGN="LEFT">&nbsp;</TD></TR>

<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><BR>Revenue</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$1,322</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;1,126</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">+17</TD><TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">$3,656</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$3,320</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">+10</TD><TD ALIGN="LEFT">%</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><BR>Restaurant Margin</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">16.2</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">14.8</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">+1.4</TD><TD ALIGN="LEFT">&nbsp;ppts</TD>
     <TD ALIGN="RIGHT">16.3</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">14.7</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">+1.6</TD><TD ALIGN="LEFT">&nbsp;ppts</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><BR>Ongoing Operating Profit</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;211</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;171</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">+24</TD><TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;585</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;483</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">+21</TD><TD ALIGN="LEFT">%</TD></TR>
</TABLE>
<BR><BR>
<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(a)</TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT">Includes company same-store sales growth for KFC, Pizza Hut, and Taco Bell. </P></TD>
</TR>
</TABLE>
<BR>
<BR><BR>
<p align=center>6</p>
<HR NOSHADE>
<BR><BR><BR>

<P>In the third quarter for Yum! Brands&#146; U.S. portfolio, blended same-store sales at
company restaurants increased 3% and  consisted of a 10% increase at Taco Bell, even
performance with last year at KFC, and a 1% decrease at Pizza Hut.  Estimated U.S.
portfolio blended same-store sales growth for franchise restaurants was +4% to +5% for
the third quarter.  An increase in systemwide blended same-store sales drove 4 percentage
points of revenue growth. The acquisition of Long  John Silver&#146;s and A&amp;W contributed
13 percentage points to U.S. revenue growth. The acquisition of these two brands
occurred during the second quarter of 2002.</P>

<P>Year to date, blended portfolio same-store sales at company restaurants increased 3%
and consisted of a 9% increase at  Taco Bell, a 3% increase at KFC, and a 1% decrease at
Pizza Hut. Estimated U.S. portfolio blended same-store sales  growth for franchise
restaurants was +4% to +5% year to date. Increases in systemwide blended same-store sales
added 4  percentage points of revenue growth year to date. The acquisition of the Long
John Silver&#146;s and A&amp;W brands contributed 6  percentage points to U.S. revenue growth
year to date.</P>

<P>For the full year 2002, the company expects U.S. blended company same-store sales
growth of 2%, U.S. revenues to  increase 10% to 11% and U.S. ongoing operating profit to
increase at a mid-teens rate. The company expects the  acquisition of Long John Silver&#146;s
and A&amp;W to contribute 7 to 8 percentage points of revenue growth on a full-year basis.
Additionally, for the U.S. business, the company expects the adoption of SFAS 142 to
contribute 2 to 3 percentage points  and the acquisition of Long John Silver&#146;s and A&amp;W to
contribute 1 to 2 percentage points of ongoing operating profit  growth on a full-year
basis.</P>


<P><B><U>WORLDWIDE NEW-RESTAURANT DEVELOPMENT</U></B></P>
<BR><BR>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="70%">
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="1" ALIGN="CENTER">Q3<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1" ALIGN="RIGHT"></TH>
     <TH COLSPAN="1" ALIGN="CENTER">Year to Date<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1" ALIGN="RIGHT"></TH>
<TH COLSPAN="1"></TH></TR>
<TR VALIGN="BOTTOM">
     <TD WIDTH="45%" ALIGN="LEFT"><B>New Restaurant Openings(a)</B></TD>
     <TD WIDTH="3%" ALIGN="RIGHT">&nbsp;</TD>
     <TD WIDTH="5%" ALIGN="RIGHT"></TD>
        <TD WIDTH="3%" ALIGN="RIGHT">&nbsp;</TD>
     <TD WIDTH="9%" ALIGN="RIGHT"></TD>
        <TD WIDTH="2%" ALIGN="RIGHT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Worldwide</TD><TD ALIGN="RIGHT">&nbsp;</TD>
     <TD ALIGN="RIGHT">341</TD>
        <TD ALIGN="RIGHT">&nbsp;</TD>
     <TD ALIGN="RIGHT">847</TD>
        <TD ALIGN="RIGHT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;International</TD><TD ALIGN="RIGHT">&nbsp;</TD>
     <TD ALIGN="RIGHT">233</TD>
        <TD ALIGN="RIGHT">&nbsp;</TD>
     <TD ALIGN="RIGHT">594</TD>
        <TD ALIGN="RIGHT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;United States</TD><TD ALIGN="RIGHT">&nbsp;</TD>
     <TD ALIGN="RIGHT">108</TD>
        <TD ALIGN="RIGHT">&nbsp;</TD>
     <TD ALIGN="RIGHT">253</TD>
        <TD ALIGN="RIGHT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><BR><B>Restaurant Net Growth Vs. Q3 2001(a) (b)</B></TD><TD ALIGN="RIGHT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Worldwide</TD><TD ALIGN="RIGHT">&nbsp;</TD>
<TD ALIGN="RIGHT">&nbsp;</TD>
        <TD ALIGN="RIGHT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2</TD>
        <TD ALIGN="LEFT">%</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;International</TD><TD ALIGN="RIGHT">&nbsp;</TD>
<TD ALIGN="RIGHT"></TD>
        <TD ALIGN="RIGHT">&nbsp;</TD>
     <TD ALIGN="RIGHT">6</TD>
        <TD ALIGN="LEFT">%</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;United States</TD><TD ALIGN="RIGHT">&nbsp;</TD>
<TD ALIGN="RIGHT">&nbsp;</TD>
        <TD ALIGN="RIGHT">&nbsp;</TD>
     <TD ALIGN="RIGHT">Even</TD>
        <TD ALIGN="LEFT"></TD></TR>
</TABLE>

<BR><BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(a) </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> Excluding
licensed locations </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(b) </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> Excludes
the initial impact of the Long John Silver&#146;s and A&amp;W acquisition; includes impact of
restaurant-count  changes subsequent to acquisition in second quarter. </P></TD>
</TR>
</TABLE>
<BR>

<P>Key factors to worldwide restaurant growth were restaurant additions in the</p>


<BR><BR>
<p align=center>7</p>
<HR NOSHADE>
<BR><BR><BR>

<P> company&#146;s
four high-growth international  markets &#151; China, Mexico, Korea, and the U.K. &#151; and
development by our international franchisees. Versus the  third-quarter 2001, net
restaurant growth was 43% in China, 11% in Korea, 11% in Mexico, and 9% in the U.K.</P>

<P>One point not reflected, which primarily affects U.S. net restaurant-growth
statistics, is the impact of multibranding  on our U.S. restaurant system. Multibrand
conversions, while increasing the sales and points of distribution of the  added brand,
result in no additional unit counts. Though no additional unit counts are realized, these
conversions, on  average, drive significant increases in average unit volumes and result
in upgraded, new-image restaurants for the U.S.  business. Similarly, a newly opened
multibrand unit, while increasing sales and points of distribution of two brands,
results in just one additional unit count.</P>

<P>For the full-year 2002, the company continues to expect on-target growth in
international restaurants of 5% to 6%. No  net change in U.S. restaurant counts is
expected. This forecast excludes licensed locations.</P>


<p><b><u>WORLDWIDE MULTIBRANDING EXPANSION</u></b></p>




<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="70%">
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="2">Q3<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="2">Year to Date<HR WIDTH=95% SIZE=1 NOSHADE></TH></TR>
<TR VALIGN="BOTTOM">
     <TD WIDTH="45%" ALIGN="LEFT">Systemwide Multibrand Net Additions(a)</TD>
     <TD WIDTH="5%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="5%" ALIGN="RIGHT">98</TD>
        <TD WIDTH="3%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="9%" ALIGN="RIGHT">187</TD>
        <TD WIDTH="2%" ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><BR>Total Systemwide Multibrand Restaurants(b)</TD><TD ALIGN="LEFT">&nbsp;</TD>
<TD WIDTH="5%" ALIGN="LEFT">&nbsp;</TD>
<TD WIDTH="5%" ALIGN="LEFT">&nbsp;</TD>
   <TD ALIGN="RIGHT">1,861</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
</TABLE>

<BR><BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(a)</TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT">Excludes the acquisition of 133 Long John Silver&#146;s / A&amp;W multibranded restaurants </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(b)</TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT">Includes the acquisition of 133 Long John Silver&#146;s / A&amp;W multibranded restaurants </P></TD>
</TR>
</TABLE>
<BR>

<P>In the third quarter, net multibrand additions were 91 in the U.S. and seven for
international. In the U.S., company and  franchise net additions were 44 and 47
respectively. About 50% of the U.S. multibrand additions represented conversions  of
existing single-brand restaurants, and 50% represented new-restaurant openings.</P>

<P>Our multibranding program with KFC and Taco Bell partnering with Long John Silver&#146;s
or A&amp;W continues to grow with 26  additions completed during the quarter. Results
continue to show strong average unit-volume increases. Additionally, we  opened 16 Long
John Silver&#146;s/A&amp;W multibrand restaurants during the third quarter.</P>


<P>In 2002, Yum! Brands expects to add 375 company and franchise multibranded restaurants
through new-restaurant openings  and conversions of existing restaurants versus the prior
target of 325. About 60% of these additions are expected to be  conversions of
single-brand restaurants to multibrands and 40% are expected to be new multibrand
restaurants.</P>


<BR><BR>
<p align=center>8</p>
<HR NOSHADE>
<BR><BR><BR>


<P><B><U>FRANCHISE FEES</U></B></P>

<BR><BR>


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="70%">
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
       <TH COLSPAN="1">Q3<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
   <TH COLSPAN="1">Year to Date<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
<TH COLSPAN="1"></TH>
</TR>
<TR VALIGN="BOTTOM">
     <TD WIDTH="30%" ALIGN="LEFT">Franchise Restaurant Net Growth Vs. Q3 2001(a)</TD>
     <TD WIDTH="5%" ALIGN="LEFT">&nbsp;</TD>
      <TD WIDTH="4%" ALIGN="RIGHT"></TD>
     <TD WIDTH="5%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">+2</TD>
        <TD WIDTH="2%" ALIGN="LEFT">%</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><BR>Franchise Fees ($ millions)(b)</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$210</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$594</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><BR>&nbsp;&nbsp;&nbsp;&nbsp;Growth Vs. 2001</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">+11</TD><TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">+6</TD>
        <TD ALIGN="LEFT">%</TD></TR>
</TABLE>
<BR><BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(a) </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> Includes
joint ventures; excludes licensed restaurants and the initial impact of Long John Silver&#146;s
and A&amp;W acquisition </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(b) </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> Includes
joint ventures, licensed restaurants, and the Long John Silver&#146;s and A&amp;W brand
acquisitions </P></TD>
</TR>
</TABLE>
<BR>

<P>In the third quarter and year to date, worldwide franchise same-store sales growth,
net new-restaurant development and the  acquisition of Long John Silver&#146;s and A&amp;W
brands drove franchise-fee growth. Foreign currency translation negatively  impacted
year-to-date growth versus 2001 by one percentage point. The acquisition of Long John
Silver&#146;s and A&amp;W contributed  4 percentage points of franchise-fee growth in the
third quarter and 2 percentage points on a year-to-date basis.</P>

<P>For the full year 2002, the company expects franchise fees to grow to more than $860
million.</P>


<P><B><U>CASH GENERATED</U></B></P>

<BR><BR>


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="70%">
<TR VALIGN="BOTTOM">
     <TH COLSPAN="1"><P align=left>($ millions)</P></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">Q3<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">Year to Date<HR WIDTH=95% SIZE=1 NOSHADE></TH><TH COLSPAN="1"></TH>
<TH COLSPAN="1"></TH></TR>
<TR VALIGN="BOTTOM">
     <TD WIDTH="40%" ALIGN="LEFT">Cash Flow from Ongoing Operations(a)</TD>
     <TD WIDTH="3%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">239</TD>
        <TD WIDTH="3%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="10%" ALIGN="RIGHT">664</TD>
        <TD WIDTH="2%" ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Total Cash Generated(b)</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">408</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,032</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Capital Spending and Franchise Acquisitions(c)</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">190</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">474</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
</TABLE>

<BR><BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(a) </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> Ongoing
operating earnings (after interest and tax expense) plus depreciation and amortization </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(b) </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> Cash
generated for the third quarter included $11 million of employee stock-option proceeds. </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(c) </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> Excludes
the acquisition cost of Long John Silver&#146;s and A&amp;W brands </P></TD>
</TR>
</TABLE>
<BR>

<P>For 2002, the company expects cash flow from ongoing operations of nearly $950
million, which more than funds  capital-expenditure needs of an estimated $800 million.
Additionally, the company expects total cash generated to exceed  $1.2 billion, including
over $125 million of proceeds from employee stock-option exercises, over $100 million,
principally  from working-capital changes and AmeriServe proceeds, and $60 million from
after-tax refranchising proceeds.</P>

<BR><BR>
<p align=center>9</p>
<HR NOSHADE>
<BR><BR><BR>


<P><B><U>FOURTH-QUARTER 2002 OUTLOOK</U></B></P>

<P>The company expects to earn $0.54 to $0.56 in ongoing operating EPS.</P>

<P>Projected factors contributing to the company&#146;s EPS expectations are . . .</P>

<BR><BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">- </TD>
     <TD ALIGN="LEFT" WIDTH="3">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> International
system-sales growth of 7% to 9% prior to foreign exchange conversion. Foreign currency
translation  impact is expected to add 1 percentage point to the growth rate. Revenue
growth of 12% to 14% in both U.S. dollars  and prior to foreign exchange conversion. </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">- </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> International
ongoing operating profit growth of at least 14% in U.S. dollar terms. </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">- </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> U.S.
portfolio blended same-store sales for company restaurants, even with a year ago. U.S.
revenue growth of  13% to 14%. The Long John Silver&#146;s and A&amp;W acquisition is
expected to contribute most of this growth for the  quarter. </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">- </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> U.S.
ongoing operating profit even with fourth quarter last year, given U.S. same-store sales
results expected to  be even with a year ago. The Long John Silver&#146;s and A&amp;W acquisition
is expected to contribute 2 percentage points  of growth to ongoing operating profit. </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">- </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> Worldwide
company restaurant margin is expected to increase slightly including a projected 0.5
percentage-point  benefit from the adoption of SFAS 142. An increase in international
restaurant margin is expected to be the key  factor, with reported U.S. restaurant margin
down slightly versus a year ago due to the impact from the lower  margins of the Long
John Silver&#146;s and A&amp;W acquisition. </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">- </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> General
and administrative expenses up 15% in U.S. dollar terms versus last year, up 7% versus
last year excluding  the Long John Silver&#146;s and A&amp;W acquisition. </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">- </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> Interest
expense up $14 million versus last year; down slightly versus last year excluding the
Long John Silver&#146;s  and A&amp;W acquisition. </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">- </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> Full-year
ongoing operating tax rate forecast continues to hold at about 32%. For the fourth
quarter, ongoing  operating tax rate of 30% to 31%, versus 33.8% last year. </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">- </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> Diluted
average shares outstanding of about 309 to 310 million, up 4 to 5 million shares or about
2% higher versus  last year. </P></TD>
</TR>
</TABLE>
<BR>


<P><B><U>YEAR-2002 OUTLOOK </U></B></P>

<P>Yum! Brands now expects to earn ongoing operating EPS of $1.89 to $1.91 for the full
year. The company&#146;s previous guidance  was for ongoing operating EPS of at least
$1.88.</P>


<BR><BR>
<p align=center>10</p>
<HR NOSHADE>
<BR><BR><BR>


<P><B><U>SEPTEMBER (PERIOD 10) SALES </U></B></P>

<P>Estimated U.S. portfolio blended same-store sales at company restaurants declined 1%
during the four-week period ended  October 5, 2002 (Period 10). For the comparable
four-week period, U.S. same-store sales increased 3% at both Taco Bell  and Pizza Hut and
decreased 10% at KFC.</P>

<P>For Period 10, international system sales increased 9% prior to foreign currency
conversion or 10% after conversion to  U.S. dollars. Year-to-date international system
sales increased 10% prior to foreign currency conversion or 8% after  conversion to U.S.
dollars.</P>

<P>Same-store sales results for Period 11, 2002 (October), will be released Thursday,
November 7, 2002, prior to the New  York Stock Exchange&#146;s opening.</P>


<BR><BR>
<p align=center>11</p>
<HR NOSHADE>
<BR><BR><BR>

<P>This announcement contains forward-looking statements within the meaning of Section
27A of the Securities Act of 1933,  as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended. These statements include those  identified by such
words as <I>may, will, expect, anticipate, believe, plan</i> and other similar terminology.
These &#147;forward-looking&#148; statements reflect management&#146;s current
expectations regarding future events and operating and  financial performance and are
based on currently available data. However, actual results are subject to future events
and uncertainties, which could cause actual results to differ from those projected in
this announcement. Factors that  can cause actual results to differ materially include
changes in global and local business, economic and political  conditions in the countries
and territories where Yum! Brands operates; changes in currency exchange and interest
rates;  changes in commodity, labor and other operating costs; changes in competition in
the food industry, consumer  preferences, spending patterns and demographic trends; the
effectiveness of our operating initiatives and advertising  and promotional efforts;
new-product and concept development by Yum! Brands and other food-industry competitors;
the  success of our refranchising strategy; the ongoing business viability of our
franchise and license operators; our  ability to secure alternative distribution to our
restaurants at competitive rates and to ensure adequate supplies of  restaurant products
and equipment in our stores; our actuarially determined casualty loss estimates; changes
in  legislation and governmental regulation; and changes in accounting policies and
practices. Further information about  factors that could affect Yum! Brands&#146; financial
and other results are included in the company&#146;s Forms 10-Q and 10-K,  filed with the
Securities and Exchange Commission.</P>


<P>Yum! Brands, Inc. will hold a conference call to review the company&#146;s
financial performance and strategies at 9:00 a.m.  EDT Thursday, October 10, 2002.</P>

<P>For U.S. callers, the number is 877/815-2029. For international callers, the number is
706/645-9271.</P>

<P>The call will be available for playback beginning Thursday, October 10, at noon EDT
through Friday, October 25, at  midnight EDT. To access the playback, dial 800/642-1687
in the U.S.A. and 706/645-9291 internationally. The playback  pass code is 5657808.</P>

<P>The call and the playback can be accessed via the Internet by visiting Yum! Brands&#146; Web
site: www.yum.com and selecting  &#147;3rd Quarter Earnings Web Cast.&#148; (Windows
Media Player is required, which can be downloaded at no charge from the  following link:
http://www.microsoft.com/windows/windowsmedia/players.asp. The process could take several
minutes.)</P>

<P>Analysts are invited to contact</P>

<BLOCKQUOTE>Tim Jerzyk, Vice President Investor Relations, at 502/874-2543</BLOCKQUOTE>

<P>Members of the media are invited to contact</P>

<BLOCKQUOTE>Amy Sherwood, Vice President Public Relations, at 502/874-8200</BLOCKQUOTE>

<P>Individual shareholders are invited to contact</P>

<BLOCKQUOTE>Donna Gunnoe, Shareholder Coordinator, at 502/874-8400</BLOCKQUOTE>

<BR><BR><BR>
<BR><BR>
<p align=center>12</p>
<HR NOSHADE>
<BR><BR><BR>


<p align=center><B>YUM! Brands, Inc.<BR>
Condensed Consolidated Statements of Income<BR>
(amounts in millions, except per share amounts)<BR>
(unaudited)</b></p>
<BR><BR><BR>


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="3">12 Weeks Ended<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="3"></TH>
     <TH COLSPAN="3">36 Weeks Ended<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="2"></TH></TR>

<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
<TH COLSPAN="1">9/07/02<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
<TH COLSPAN="1">9/08/01<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
<TH COLSPAN="1">% Change<BR>B/(W)<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
<TH COLSPAN="1">9/07/02<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1">9/08/01<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1">% Change<BR>B/(W)<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1"></TH></TR>
<TR VALIGN="BOTTOM">
     <TD WIDTH="30%" ALIGN="LEFT"><B>Revenues</B></TD>
     <TD WIDTH="2%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT"></TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT"></TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT"></TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT"></TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT"></TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT"></TD>
        <TD WIDTH="2%" ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Company sales</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;1,705</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;1,449</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">18</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;4,702</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;4,191</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">12</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Franchise and license fees</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">210</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">191</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">11</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">594</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">560</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">6</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>

<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Revenues</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,915</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,640</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">17</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">5,296</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4,751</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">11</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><B>Costs and expenses, net</B></TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Company restaurants</TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Food and paper</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">517</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">457</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(13</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">1,438</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,309</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(10</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Payroll and employee benefits</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">457</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">391</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(17</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">1,274</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,152</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(11</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Occupancy and other operating</TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;&nbsp;expenses</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">450</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">388</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(16</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">1,224</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,125</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(9</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,424</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,236</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(15</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">3,936</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">3,586</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(10</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">General and administrative expenses</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">219</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">177</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(25</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">616</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">540</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(14</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Franchise and license expenses</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">12</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">11</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(10</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">31</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">45</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">30</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Other (income) expense</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(7</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(6</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">27</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(20</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(15</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">37</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Facility actions net loss (gain)</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">13</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(9</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">NM</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">32</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(25</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">NM</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Unusual items (income)</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(4</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">NM</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(24</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(2</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">NM</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Total costs and expenses, net</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,657</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,409</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(18</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">4,571</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4,129</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(11</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Operating profit</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">258</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">231</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">11</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">725</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">622</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">17</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><BR>Interest expense, net</td><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">45</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">36</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(23</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">112</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">112</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Income before income taxes</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">213</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">195</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">9</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">613</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">510</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">20</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><BR>Income tax provision</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">66</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">71</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">7</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">202</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">182</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(11</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Net income</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;147</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;124</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">19</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;411</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;328</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">25</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><U>Basic EPS Data</U></TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;EPS</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;0.49</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;0.42</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">18</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;1.39</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;1.11</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">25</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Average shares outstanding</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">297</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">294</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(1</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">296</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">294</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(1</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><U>Diluted EPS Data</u></TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;EPS</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;0.47</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;0.40</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">16</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;1.32</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;1.08</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">22</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Average shares outstanding</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">312</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">306</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(2</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">312</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">304</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(3</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>

</table>
<BR>
<p>See accompanying notes.</p>
<BR><BR>
<p align=center>13</p>
<HR NOSHADE>
<BR><BR><BR>


<BR><BR><BR><BR>


<P ALIGN=CENTER><B>YUM! Brands, Inc.<BR>
                                           WORLDWIDE Ongoing Operating Results<BR>
                                     (amounts in millions, except per share amounts)<BR>
                                                       (unaudited)</B></p><BR><BR><BR><BR><BR>


 <TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%">

<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="3">12 Weeks Ended<HR WIDTH=95% SIZE=1  NOSHADE></TH>
     <TH COLSPAN="3">&nbsp;</TH>
     <TH COLSPAN="3">36 Weeks Ended<HR WIDTH=95% SIZE=1  NOSHADE></TH>
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="2"></TH>
<TH COLSPAN="2"></TH></TR>

<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
<TH COLSPAN="1">9/07/02<HR WIDTH=95% SIZE=1  NOSHADE></TH>
<TH COLSPAN="1"></TH>
<TH COLSPAN="1">9/08/01<HR WIDTH=95% SIZE=1  NOSHADE></TH>
<TH COLSPAN="1"></TH>
<TH COLSPAN="1">% Change<BR>B/(W)<HR WIDTH=95% SIZE=1  NOSHADE></TH>
<TH COLSPAN="1"></TH>
<TH COLSPAN="1">9/07/02<HR WIDTH=95% SIZE=1  NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">9/08/01<HR WIDTH=95% SIZE=1  NOSHADE></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1">% Change<BR>B/(W)<HR WIDTH=95% SIZE=1  NOSHADE></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1"></TH></TR>
<TR VALIGN="BOTTOM">
     <TD WIDTH="30%" ALIGN="LEFT">System sales</TD>
     <TD WIDTH="2%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">$&nbsp;5,930</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">$&nbsp;5,267</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">13</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">$&nbsp;16,631</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">$&nbsp;15,360</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">8</TD>
        <TD WIDTH="2%" ALIGN="LEFT">&nbsp;</TD></TR>

<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD>
<TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD>
<TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>

<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Company sales</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;1,705</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;1,449</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">18</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;4,702</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;4,191</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">12</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Franchise and license fees</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">210</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">191</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">11</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">594</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">560</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">6</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Revenues</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,915</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,640</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">17</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">5,296</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4,751</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">11</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Company restaurants</TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Food and paper</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">517</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">457</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(13</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">1,438</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,309</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(10</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Payroll and employee benefits</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">457</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">391</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(17</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">1,274</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,152</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(11</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Occupancy and other operating expenses</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">450</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">388</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(16</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">1,224</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,125</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(9</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,424</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,236</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(15</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">3,936</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">3,586</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(10</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">General and administrative expenses</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">219</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">177</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(25</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">616</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">540</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(14</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Franchise and license expenses</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">12</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">11</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(10</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">31</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">45</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">30</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Other (income) expense</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(7</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(6</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">27</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(20</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(15</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">37</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Ongoing operating profit</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">267</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">222</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">20</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">733</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">595</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">23</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Interest expense, net</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">45</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">36</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(23</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">112</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">112</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Income tax provision</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">69</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">61</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(12</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">201</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">159</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(27</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>

<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">ONGOING OPERATING EARNINGS</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;153</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;125</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">23</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">30</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>

<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Ongoing operating tax rate</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">30.6</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">32.7</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">2.1</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD>
     <TD ALIGN="RIGHT">32.3</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">32.8</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">0.5</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD></TR>
<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><B>ONGOING OPERATING EPS</B></TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;0.49</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;0.41</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">21</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.35</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.07</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">26</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Net facility actions EPS</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(0.03</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(0.01</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">NM</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(0.08</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">0.01</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">NM</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Unusual items EPS</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">0.01</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">NM</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">0.05</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">NM</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Reported EPS</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;0.47</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;0.40</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">16</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.32</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.08</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">22</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>

<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Average shares outstanding - diluted</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">312</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">306</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(2</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">312</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">304</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(3</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Company sales</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">100.0</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">100.0</TD>
        <TD ALIGN="LEFT">%</TD>
<TD ALIGN="RIGHT"></TD>
        <TD ALIGN="LEFT"></TD>
<TD ALIGN="RIGHT">100.0</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">100.0</TD>
       <TD ALIGN="LEFT">%</TD></tr>

<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Food and paper</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">30.3</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">31.6</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1.3</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD>
     <TD ALIGN="RIGHT">30.6</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">31.2</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">0.6</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Payroll and employee benefits</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">26.8</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">27.0</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">0.2</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD>
     <TD ALIGN="RIGHT">27.1</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">27.5</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">0.4</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Occupancy and other operating expenses</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">26.5</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">26.7</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">0.2</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD>
     <TD ALIGN="RIGHT">26.0</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">26.9</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">0.9</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD></TR>
<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Restaurant margin</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">16.4</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">14.7</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">1.7</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD>
     <TD ALIGN="RIGHT">16.3</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">14.4</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">1.9</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD></TR>
<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>

<TR VALIGN="BOTTOM">
     <TH COLSPAN="7" ALIGN="LEFT"><B>Reconciliation of Ongoing Operating Profit to Reported Operating Profit</B><HR WIDTH=100% SIZE=1  NOSHADE></TH>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">U.S. ongoing operating profit</TD>
     <TD WIDTH="2%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="6%" ALIGN="RIGHT">$&nbsp;211</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="6%" ALIGN="RIGHT">$&nbsp;171</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="6%" ALIGN="RIGHT">24</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="6%" ALIGN="RIGHT">$&nbsp;585</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="6%" ALIGN="RIGHT">$&nbsp;483</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="6%" ALIGN="RIGHT">21</TD>
        <TD WIDTH="2%" ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">International ongoing operating profit</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">100</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">82</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">22</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">268</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">214</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">25</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Unallocated and corporate expense</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(43</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(31</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(44</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(119</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(100</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(19</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Unallocated other income (expense)</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(1</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">NM</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(1</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(2</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">NM</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>

<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Ongoing operating profit</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;267</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;222</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">20</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;733</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;595</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">23</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Facility actions net (loss) gain</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(13</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">9</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">NM</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(32</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">25</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">NM</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Unusual items income (expense)</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">NM</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">24</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">NM</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Reported operating profit</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;258</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;231</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">11</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;725</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;622</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">17</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD colspan=2></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE  SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
</TABLE>

<p>See accompanying notes.</p>

<BR><BR>
<BR><BR>
<p align=center>14</p>
<HR NOSHADE>
<BR><BR><BR>
<BR><BR><BR>

<p align=center><B>YUM! Brands, Inc.<BR>
                                         UNITED STATES Ongoing Operating Results<BR>
                                                  (amounts in millions)<BR>
                                                       (unaudited)</b></P>


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="3">12 Weeks Ended<HR WIDTH=95% SIZE=1  NOSHADE></TH>
     <TH COLSPAN="3"></TH>
     <TH COLSPAN="3">36 Weeks Ended<HR WIDTH=95% SIZE=1  NOSHADE></TH>
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="2"></TH></TR>


<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
<TH COLSPAN="1">9/07/02<HR WIDTH=95% SIZE=1  NOSHADE></TH>
<TH COLSPAN="1"></TH>
<TH COLSPAN="1">9/08/01<HR WIDTH=95% SIZE=1  NOSHADE></TH>
<TH COLSPAN="1"></TH>
<TH COLSPAN="1">% Change<BR>B/(W)<HR WIDTH=95% SIZE=1  NOSHADE></TH>
<TH COLSPAN="1"></TH>
<TH COLSPAN="1">9/07/02<HR WIDTH=95% SIZE=1  NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">9/08/01<HR WIDTH=95% SIZE=1  NOSHADE></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1">% Change<BR>B/(W)<HR WIDTH=95% SIZE=1  NOSHADE></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1"></TH></TR>
<TR VALIGN="BOTTOM">
     <TD WIDTH="30%" ALIGN="LEFT">System sales</TD>
     <TD WIDTH="2%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">$3,900</TD>
        <TD WIDTH="3%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">$&nbsp;3,464</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">13</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">$10,917</TD>
        <TD WIDTH="3%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">$&nbsp;10,074</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">8</TD>
        <TD WIDTH="2%" ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>

<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Company sales</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$1,183</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;999</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">18</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;3,262</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;2,948</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Franchise and license fees</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">139</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">127</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">10</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">394</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">372</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">6</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Revenues</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,322</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,126</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">17</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">3,656</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">3,320</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">10</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Company restaurants</TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Food and paper</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">330</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">291</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(14</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">916</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">849</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(8</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Payroll and employee benefits</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">361</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">308</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(17</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">1,005</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">910</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(10</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Occupancy and other operating expenses</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">299</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">253</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(18</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">808</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">755</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(7</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">990</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">852</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(16</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">2,729</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2,514</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(9</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">General and administrative expenses</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">112</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">94</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(19</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">318</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">286</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(11</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Franchise and license expenses</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">9</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">9</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">11</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">24</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">37</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">36</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Ongoing operating profit</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;211</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;171</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">24</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;585</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;483</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">21</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Company sales</TD><TD ALIGN="LEFT">&nbsp;</TD>
<TD ALIGN="RIGHT">100.0</TD>
        <TD ALIGN="LEFT">%</TD>
    <TD ALIGN="RIGHT">100.0</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT"></TD>
        <TD ALIGN="LEFT"></TD>
     <TD ALIGN="RIGHT">100.0</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">100.0</TD>
        <TD ALIGN="LEFT">%</TD>
<TD ALIGN="RIGHT"></TD>
        <TD ALIGN="LEFT"></TD>
     <TD ALIGN="RIGHT"></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Food and paper</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">28.0</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">29.1</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1.1</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD>
     <TD ALIGN="RIGHT">28.1</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">28.8</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">0.7</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Payroll and employee benefits</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">30.5</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">30.8</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">0.3</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD>
     <TD ALIGN="RIGHT">30.8</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">30.9</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">0.1</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Occupancy and other operating expenses</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">25.3</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">25.3</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">24.8</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">25.6</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">0.8</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Restaurant margin</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">16.2</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">14.8</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">1.4</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD>
     <TD ALIGN="RIGHT">16.3</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">14.7</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">1.6</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
</TABLE>
<BR><BR>


<P>See accompanying notes.</P><BR><BR><BR>

<BR><BR>
<p align=center>15</p>
<HR NOSHADE>
<BR><BR><BR>

<P align=center><b>YUM! Brands, Inc.<BR>
                                         INTERNATIONAL Ongoing Operating Results<BR>
                                                  (amounts in millions)<BR>
                                                       (unaudited)</b></p>



<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="3">12 Weeks Ended<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="3"></TH>
     <TH COLSPAN="3">36 Weeks Ended<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="2"></TH></TR>


<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
<TH COLSPAN="1">9/07/02<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
<TH COLSPAN="1">9/08/01<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
<TH COLSPAN="1">% Change<BR>B/(W)<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
<TH COLSPAN="1">9/07/02<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1">9/08/01<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1">% Change<BR>B/(W)<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1"></TH></TR>
<TR VALIGN="BOTTOM">
     <TD WIDTH="30%" ALIGN="LEFT">System sales</TD>
     <TD WIDTH="2%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">$&nbsp;2,030</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">$&nbsp;1,803</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">13</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">$&nbsp;5,714</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">$&nbsp;5,286</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">8</TD>
        <TD WIDTH="2%" ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Company sales</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;522</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;450</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">16</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;1,440</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;1,243</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">16</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Franchise and license fees</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">71</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">64</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">12</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">200</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">188</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">7</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Revenues</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">593</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">514</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">16</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,640</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,431</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">15</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Company restaurants</TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Food and paper</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">187</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">166</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(12</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">522</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">460</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(13</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Payroll and employee benefits</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">96</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">83</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(16</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">269</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">242</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(11</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Occupancy and other operating expenses</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">151</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">135</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(12</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">416</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">370</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(12</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">434</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">384</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(13</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">1,207</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,072</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(13</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">General and administrative expenses</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">64</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">52</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(25</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">179</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">154</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(17</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Franchise and license expenses</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">3</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">NM</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">7</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">8</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">8</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Other (income) expense</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(8</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(6</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">41</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(21</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(17</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">25</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Ongoing operating profit</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;100</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">22</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;268</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;214</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">25</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Company sales</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">100.0</TD>
        <TD ALIGN="LEFT">%</TD>
<TD ALIGN="RIGHT">100.0</TD>
        <TD ALIGN="LEFT">%</TD>
<TD ALIGN="RIGHT"></TD>
        <TD ALIGN="LEFT"></TD>
     <TD ALIGN="RIGHT">100.0</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">100.0</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT"></TD>
<TD ALIGN="RIGHT"></TD>
        <TD ALIGN="LEFT"></TD>
        <TD ALIGN="LEFT"></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Food and paper</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">35.6</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">37.0</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1.4</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD>
     <TD ALIGN="RIGHT">36.2</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">37.1</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">0.9</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Payroll and employee benefits</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">18.4</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">18.5</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">0.1</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD>
     <TD ALIGN="RIGHT">18.7</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">19.4</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">0.7</TD>
        <TD ALIGN="LEFT">&nbsp; ppts.</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Occupancy and other operating expenses</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">29.1</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">30.0</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">0.9</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD>
     <TD ALIGN="RIGHT">28.9</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">29.8</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">0.9</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD></TR>

<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>

<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Restaurant margin</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">16.9</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">14.5</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">2.4</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD>
     <TD ALIGN="RIGHT">16.2</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">13.7</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">2.5</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT">&nbsp;</TD><TD></TD></TR>
</TABLE>

<BR><BR>
<P>See accompanying notes.</P>
<BR><BR><BR>

<BR><BR>
<p align=center>16</p>
<HR NOSHADE>
<BR><BR><BR>


<p align=center><b>Notes To The Condensed Consolidated Statements of Income and Ongoing Operating Results<BR>
                                     (amounts in millions, except per share amounts)</b></P>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(a) </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> Percentages
may not recompute due to rounding. </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(b) </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"><B>Facility
actions net loss (gain)</B> included the following: </P></TD>
</TR>
</TABLE>
<BR>



<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="70%">

<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="3">12 Weeks Ended<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
<TH COLSPAN="3">36 Weeks Ended<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="2"></TH>
 <TH COLSPAN="2"></TH>
    </TR>
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
<TH COLSPAN="1">9/07/02<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
<TH COLSPAN="1">9/08/01<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
<TH COLSPAN="1">9/07/02<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1">9/08/01<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1"></th></TR>
<TR VALIGN="BOTTOM">
     <TD WIDTH="30%" ALIGN="LEFT">Refranchising net loss (gain)</TD>
     <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="6%" ALIGN="RIGHT">$(3</TD>
        <TD WIDTH="6%" ALIGN="LEFT">)</TD>
     <TD WIDTH="6%" ALIGN="RIGHT">$(14</TD>
        <TD WIDTH="6%" ALIGN="LEFT">)</TD>
     <TD WIDTH="6%" ALIGN="RIGHT">$(9</TD>
        <TD WIDTH="6%" ALIGN="LEFT">)</TD>
     <TD WIDTH="6%" ALIGN="RIGHT">$(49</TD>
        <TD WIDTH="2%" ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Store closure costs</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">17</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">10</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Store impairment charges</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">12</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">24</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">14</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Facility actions net loss (gain)</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;13</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$(9</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">$&nbsp;32</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$(25</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD></TR>
</TABLE>


<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(c) </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"><B> Unusual
items income</B> of $4 million and $24 million in the third  quarter and  year-to-date  2002,
respectively,  primarily resulted from recoveries related to the AmeriServe bankruptcy
reorganization process,  partially offset by  costs to defend  certain wage and hour
litigation,  and  integration  costs related to the  acquisition of Yorkshire  Global
Restaurants, Inc. </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(d) </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> Effective
December 30, 2001, the Company adopted  Statement of Financial  Accounting  Standards
(SFAS) No. 142,  &#147;Goodwill and Other  Intangible  Assets&#148; (&#147;SFAS 142&#148;)
in its entirety.  In accordance  with the  requirements of SFAS  142, we ceased
amortization  of goodwill and  indefinite-lived  intangibles  as of December 30, 2001.
The following  table  summarizes the favorable  effect of SFAS 142 on restaurant  profit,
restaurant  margin and ongoing  operating  profit had SFAS 142 been effective in the
third quarter and year-to-date of 2001: </P></TD>
</TR>
</TABLE>
<BR>
<BR>
<BR><BR>




<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="70%">
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="7">12 Weeks Ended 9/08/01<HR WIDTH=95% SIZE=1 NOSHADE></TH>
</TR>
<TR VALIGN="BOTTOM">
 <TH COLSPAN="2"></TH>
   <TH COLSPAN="1">U.S.<HR WIDTH=95% SIZE=1 NOSHADE></TH>
 <TH COLSPAN="1"></TH>
     <TH COLSPAN="1">International<HR WIDTH=95% SIZE=1 NOSHADE></TH>
 <TH COLSPAN="1"></TH>
     <TH COLSPAN="1">Unallocated<HR WIDTH=95% SIZE=1 NOSHADE></TH>
 <TH COLSPAN="1"></TH>
     <TH COLSPAN="1">Worldwide<HR WIDTH=95% SIZE=1 NOSHADE></TH>
 <TH COLSPAN="1"></TH>
 <TH COLSPAN="1"></TH></TR>
 <TR VALIGN="BOTTOM">
         <TD WIDTH="37%" ALIGN="LEFT">Restaurant profit</TD>
 <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
<TD WIDTH="8%" ALIGN="RIGHT">$5</TD>
     <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">$3</TD>
     <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">-</TD>
     <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="RIGHT">$8</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Restaurant margin (%)</TD><TD ALIGN="LEFT">&nbsp;</TD>
          <TD ALIGN="RIGHT">0.5</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD>
     <TD ALIGN="RIGHT">0.6</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD>
     <TD ALIGN="RIGHT">-</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">0.5</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD></tr>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><BR>Ongoing operating profit</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$5</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$4</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$9</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"></TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
</TABLE>



<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="70%">
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="7">36 Weeks Ended 9/08/01<HR WIDTH=95% SIZE=1 NOSHADE></TH>
</TR>

<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="1" ALIGN="RIGHT">U.S.<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1" ALIGN="RIGHT">International<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1" ALIGN="RIGHT">Unallocated<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1" ALIGN="RIGHT">Worldwide<HR WIDTH=95% SIZE=1 NOSHADE></TH><TH COLSPAN="2"></TH>
<TH COLSPAN="1"></TH>
<TH COLSPAN="1"></TH>
</tr>
<TR VALIGN="BOTTOM">
     <TD WIDTH="42%" ALIGN="LEFT">Restaurant profit</TD>
     <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="9%" ALIGN="RIGHT">$14</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="9%" ALIGN="RIGHT">$&nbsp;&nbsp;7</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="9%" ALIGN="RIGHT">-</TD>
     <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="9%" ALIGN="RIGHT">$21</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Restaurant margin (%)</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">0.5</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD>
     <TD ALIGN="RIGHT">0.6</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD>
     <TD ALIGN="RIGHT">-</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">0.5</TD>
        <TD ALIGN="LEFT">&nbsp;ppts.</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><BR>Ongoing operating profit</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$15</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$10</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$25</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
</TABLE>

<BR><BR><BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%"></TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT">Additionally, if
SFAS 142 had been effective for the third quarter and year-to-date 2001,  reported net
income would  have increased  approximately  $6 million and $17 million,  respectively,
and ongoing  operating EPS on a post-split  basis would have increased $0.02 and $0.06,
respectively. </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(e) </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> Per
share and share amounts have been adjusted to reflect the  two-for-one  stock split
distributed  on June 17,  2002. </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(f) </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> Ongoing
operating  profit,  ongoing  operating  earnings and ongoing  operating EPS are not
measures  defined by  accounting  principles  generally  accepted in the United States of
America and should not be considered in isolation  or as a substitute for measures of
performance in accordance with  accounting  principles  generally  accepted in the
United States of America. </P></TD>
</TR>
</TABLE>
<BR>

<BR><BR>
<p align=center>17</p>
<HR NOSHADE>
<BR><BR><BR>


<P align=center><b>YUM! Brands, Inc.<BR>
Cash Generation/Use(a)<BR>
(amounts in millions)<BR>
(unaudited)</b></p>
<BR><BR>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">

<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="3">12 Weeks Ended<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="3">36 Weeks Ended<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="2"></TH></TR>

<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="1">9/07/02<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">9/08/01<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">9/07/02<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">9/08/01<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
<TH COLSPAN="1"></TH></TR>
<TR VALIGN="BOTTOM">
     <TD WIDTH="35%" ALIGN="LEFT">Ongoing operating earnings</TD>
     <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="6%" ALIGN="RIGHT">$&nbsp;153</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="6%" ALIGN="RIGHT">$&nbsp;125</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="6%" ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;420</TD>
        <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="6%" ALIGN="RIGHT">$&nbsp;324</TD>
        <TD WIDTH="2%" ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Depreciation and amortization</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">86</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">85</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">244</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">243</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Cash flow from ongoing operations</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">239</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">210</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">664</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">567</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Refranchising proceeds, after tax</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">40</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">7</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">61</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">56</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">AmeriServe</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">16</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">29</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">107</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Employee stock option proceeds</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">11</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">12</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">110</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">32</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Other, net</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">117</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">125</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">168</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">15</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Total cash generated</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">408</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">370</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,032</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">777</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Capital spending</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">188</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">157</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">461</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">360</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Acquisition of Yorkshire Global</TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Restaurants, Inc.</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">275</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Acquisitions of restaurants from</TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;franchisees</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">13</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">102</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Debt (proceeds) repayments, net</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">104</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">135</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">46</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">166</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Share repurchase</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">93</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">77</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">161</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">98</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Total cash used</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">391</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">369</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">956</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">726</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Net increase in cash</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;17</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;1</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">$&nbsp;&nbsp;51</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD></TR>
</TABLE>
<BR><BR><BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(a) </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> This
presentation of cash generation/use is not intended to be a substitute for cash flows
reported in  conformity with accounting principles generally accepted in the United
States of America. </P></TD>
</TR>
</TABLE>
<BR>
<BR>

<BR><BR>
<p align=center>18</p>
<HR NOSHADE>
<BR><BR><BR>


<p align=center><b>YUM! Brands, Inc.<BR>
Restaurant Unit Activity Summary<BR>
For the 36 Weeks Ended September 7, 2002<BR>
(unaudited)</b></p>
<BR><BR>





<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="1">Company<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">Unconsolidated<BR>Affiliates<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">Franchisees<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">Total<BR>Excluding<BR>Licensees<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">Licensees<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">Total<BR>Units<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
<TH COLSPAN="1"></TH></TR>
<TR VALIGN="BOTTOM">
     <TD WIDTH="28%" ALIGN="LEFT"><B>Total U.S.</B></TD>
     <TD WIDTH="3%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="7%" ALIGN="RIGHT"></TD>
        <TD WIDTH="5%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="7%" ALIGN="RIGHT"></TD>
        <TD WIDTH="5%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="7%" ALIGN="RIGHT"></TD>
        <TD WIDTH="5%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="7%" ALIGN="RIGHT"></TD>
        <TD WIDTH="5%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="7%" ALIGN="RIGHT"></TD>
        <TD WIDTH="5%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="7%" ALIGN="RIGHT"></TD>
        <TD WIDTH="2%" ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at December 29, 2001</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4,284</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">12,733</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">17,017</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2,545</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">19,562</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;New Builds(a)</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">103</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">149</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">253</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">84</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">337</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Acquisitions(b)</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">899</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">998</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,897</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,897</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Refranchising &amp; Licensing</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(36</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">36</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Closures &amp;  Divestitures</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(91</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(215</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(306</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(236</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(542</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Other(c)</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(30</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(30</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at September 7, 2002</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">5,159</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">13,701</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">18,861</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2,363</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">21,224</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">% of Total</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">24</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">65</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">89</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">11</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">100</TD>
        <TD ALIGN="LEFT">%</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><BR><B>Total International</B></TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at December 29, 2001</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2,151</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2,000</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">6,530</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">10,681</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">246</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">10,927</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;New Builds</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">213</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">86</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">295</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">594</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">5</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">599</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Acquisitions(b)</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">3</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">38</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">169</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">210</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">210</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Refranchising &amp; Licensing</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(105</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(11</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">116</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Closures &amp;  Divestitures</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(52</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(26</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(203</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(281</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(23</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(304</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Other(c)</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(8</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">3</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">3</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(2</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">30</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">28</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at September 7, 2002</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2,202</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2,090</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">6,910</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">11,202</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">258</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">11,460</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">% of Total</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">19</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">18</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">61</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">98</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">2</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">100</TD>
        <TD ALIGN="LEFT">%</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><BR><B>Total YUM!</B></TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at December 29, 2001</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">6,435</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2,000</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">19,263</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">27,698</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2,791</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">30,489</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;New Builds</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">316</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">87</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">444</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">847</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">89</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">936</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Acquisitions</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">902</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">38</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,167</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2,107</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2,107</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Refranchising &amp; Licensing</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(141</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(11</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">152</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Closures &amp;  Divestitures</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(143</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(26</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(418</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(587</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(259</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(846</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Other</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(8</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">3</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">3</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(2</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(2</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at September 7, 2002</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">7,361</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2,091</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">20,611</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">30,063</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2,621</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">32,684</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">% of Total</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">23</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">6</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">63</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">92</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">8</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">100</TD>
        <TD ALIGN="LEFT">%</TD></TR>
</TABLE>

<BR><BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(a) </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> Includes
one Yan Can unit resulting from the formation of a joint venture. </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(b) </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> Includes
units that existed at the date of the acquisition of Yorkshire Global Restaurants, Inc.
on May 7, 2002. </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(c) </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> Includes
30 licensee units transferred from U.S. to International. </P></TD>
</TR>
</TABLE>
<BR>

<BR><BR>
<p align=center>19</p>
<HR NOSHADE>
<BR><BR><BR>


<p align=center><b>YUM! Brands, Inc.<BR>
Restaurant Unit Activity Summary<BR>
For the 36 Weeks Ended September 7, 2002<BR>
(unaudited)</b></p>

<BR><BR><BR>





<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="14">United States<HR WIDTH=95% SIZE=1 NOSHADE></TH>
    </TR>
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="1">Company<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">Franchisees<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">Total<BR>Excluding<BR>Licensees<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">Licensees<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">Total<BR>Units<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
<TH COLSPAN="1"></TH></TR>
<TR VALIGN="BOTTOM">
     <TD WIDTH="30%" ALIGN="LEFT"><B>Pizza Hut U.S.</B></TD>
     <TD WIDTH="3%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="7%" ALIGN="RIGHT"></TD>
        <TD WIDTH="6%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="7%" ALIGN="RIGHT"></TD>
        <TD WIDTH="6%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="7%" ALIGN="RIGHT"></TD>
        <TD WIDTH="6%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="7%" ALIGN="RIGHT"></TD>
        <TD WIDTH="6%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="7%" ALIGN="RIGHT"></TD>
        <TD WIDTH="2%" ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at December 29, 2001</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,745</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4,824</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">6,569</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,150</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">7,719</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;New Builds</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">44</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">55</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">99</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">63</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">162</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Acquisitions</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Refranchising &amp; Licensing</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Closures &amp;  Divestitures</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(50</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(97</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(147</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(94</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(241</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Other</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at September 7, 2002</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,739</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4,782</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">6,521</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,119</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">7,640</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">% of Total</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">23</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">62</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">85</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">15</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">100</TD>
        <TD ALIGN="LEFT">%</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><BR><B>Taco Bell U.S.</B></TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at December 29, 2001</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,265</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">3,828</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">5,093</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,351</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">6,444</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;New Builds</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">14</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">26</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">40</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">17</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">57</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Acquisitions</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">24</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(24</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Refranchising &amp; Licensing</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Closures &amp;  Divestitures</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(19</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(63</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(82</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(142</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(224</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Other(c)</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(30</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(30</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at September 7, 2002</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,284</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">3,767</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">5,051</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,196</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">6,247</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>

<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">% of Total</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">21</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">60</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">81</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">19</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">100</TD>
        <TD ALIGN="LEFT">%</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><BR><B>KFC U.S.</B></TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at December 29, 2001</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,274</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4,081</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">5,355</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">44</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">5,399</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;New Builds</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">44</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">50</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">94</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">98</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Acquisitions</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">6</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(6</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Refranchising &amp; Licensing</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(36</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">36</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Closures &amp;  Divestitures</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(18</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(40</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(58</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(58</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Other</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at September 7, 2002</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,270</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4,121</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">5,391</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">48</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">5,439</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">% of Total</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">23</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">76</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">99</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">1</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">100</TD>
        <TD ALIGN="LEFT">%</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><BR><B>Long John Silver&#146;s U.S.</B></TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at December 29, 2001</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;New Builds</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">8</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">9</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">9</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Acquisitions(b)</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">742</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">470</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,212</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,212</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Refranchising &amp; Licensing</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Closures &amp;  Divestitures</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(3</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(2</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(5</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(5</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Other</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at September 7, 2002</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">740</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">476</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,216</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,216</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>

<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">% of Total</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">61</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">39</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">100</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">100</TD>
        <TD ALIGN="LEFT">%</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><BR><B>A&amp;W U.S.</B></TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at December 29, 2001</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;New Builds</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">10</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">10</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">10</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Acquisitions(b)</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">127</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">558</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">685</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">685</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Refranchising &amp; Licensing</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Closures &amp;  Divestitures</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(1</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(13</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(14</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(14</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Other</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at September 7, 2002</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">126</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">555</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">681</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">681</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>

<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">% of Total</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">19</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">81</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">100</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">100</TD>
        <TD ALIGN="LEFT">%</TD></TR>
</TABLE>

<BR><BR>
<BR><BR>
<p align=center>20</p>
<HR NOSHADE>
<BR><BR><BR>

<p align=center><b>YUM! Brands, Inc.<BR>
                                             Restaurant Unit Activity Summary<BR>
                                         For the 36 Weeks Ended September 7, 2002<BR>
                                                       (unaudited)</b></p>
<BR><BR><BR>








<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="14">International<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     </TR>
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="1">Company<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1">Unconsolidated<BR>Affiliates<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1">Franchisees<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1">Total<BR>Excluding<BR>Licensees<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1">Licensees<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1">Total<BR>Units<HR WIDTH=95% SIZE=1 NOSHADE>
</TH><TH COLSPAN="1"></TH>
     <TH COLSPAN="1"></TH></TR>

<TR VALIGN="BOTTOM">
     <TD WIDTH="34%" ALIGN="LEFT"><B>Pizza Hut International</B></TD>
     <TD WIDTH="3%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="6%" ALIGN="RIGHT"></TD>
        <TD WIDTH="5%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="6%" ALIGN="RIGHT"></TD>
        <TD WIDTH="5%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="6%" ALIGN="RIGHT"></TD>
        <TD WIDTH="5%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="6%" ALIGN="RIGHT"></TD>
        <TD WIDTH="5%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="6%" ALIGN="RIGHT"></TD>
        <TD WIDTH="5%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="6%" ALIGN="RIGHT"></TD>
        <TD WIDTH="2%" ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at December 29, 2001</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">763</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">860</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2,480</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4,103</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">169</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4,272</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;New Builds</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">53</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">34</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">132</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">219</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">219</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Acquisitions</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">3</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">38</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(41</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Refranchising &amp; Licensing</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(34</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(3</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">37</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Closures &amp;  Divestitures</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(24</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(8</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(110</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(142</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(18</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(160</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Other</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(7</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(6</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(6</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at September 7, 2002</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">754</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">921</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2,499</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4,174</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">151</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4,325</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>

<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">% of Total</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">18</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">21</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">58</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">97</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">3</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">100</TD>
        <TD ALIGN="LEFT">%</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><BR><B>Taco Bell International</B></TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at December 29, 2001</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">39</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">31</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">140</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">210</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">29</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">239</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;New Builds</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">6</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">10</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Acquisitions</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Refranchising &amp; Licensing</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Closures &amp;  Divestitures</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(2</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(3</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(4</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(9</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(1</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(10</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Other(c)</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">30</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">31</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at September 7, 2002</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">38</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">30</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">140</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">208</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">62</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">270</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>

<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">% of Total</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">14</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">11</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">52</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">77</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">23</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">100</TD>
        <TD ALIGN="LEFT">%</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><BR><B>KFC International</B></TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at December 29, 2001</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,349</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,109</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">3,910</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">6,368</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">48</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">6,416</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;New Builds</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">159</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">51</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">153</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">363</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">364</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Acquisitions</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Refranchising &amp; Licensing</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(71</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(8</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">79</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Closures &amp;  Divestitures</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(26</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(15</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(82</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(123</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(4</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(127</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Other</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(1</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">2</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">3</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">3</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at September 7, 2002</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,410</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,139</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4,062</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">6,611</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">45</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">6,656</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>

<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">% of Total</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">21</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">17</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">61</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">99</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">1</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">100</TD>
        <TD ALIGN="LEFT">%</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><BR><B>Long John Silver&#146;s</b></TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;&nbsp;<B>International</B></TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at December 29, 2001</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;New Builds</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Acquisitions(b)</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">26</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">26</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">26</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Refranchising &amp; Licensing</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Closures &amp;  Divestitures</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Other</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at September 7, 2002</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">28</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">28</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">28</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>

<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">% of Total</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">100</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">100</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">100</TD>
        <TD ALIGN="LEFT">%</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT"><BR><B>A&amp;W International</B></TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at December 29, 2001</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;New Builds</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Acquisitions(b)</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">184</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">184</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">184</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Refranchising &amp; Licensing</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Closures &amp;  Divestitures</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(7</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">(7</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(7</TD>
        <TD ALIGN="LEFT">)</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;Other</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Balance at September 7, 2002</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">181</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">181</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">181</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>

<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">% of Total</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">100</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">100</TD>
        <TD ALIGN="LEFT">%</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">100</TD>
        <TD ALIGN="LEFT">%</TD></TR>
</TABLE>
<BR><BR><BR>

<BR><BR>
<p align=center>21</p>
<HR NOSHADE>
<BR><BR><BR>

<p align=center><b>YUM! Brands, Inc.<BR>
Systemwide Multibrand Restaurants<BR>
For the 36 Weeks Ended September 7, 2002<BR>
(unaudited)</b></p>




<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">

<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="3">U.S.<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="1"></TH>
<TH COLSPAN="3">International<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
<TH COLSPAN="3">Worldwide<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="2"></TH></TR>
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="1">Net Additions<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="1"></TH>
          <TH COLSPAN="1">Net Additions<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1"></TH>
     <TH COLSPAN="1">Net Additions<HR WIDTH=95% SIZE=1 NOSHADE></TH>
     <TH COLSPAN="2"> </TH></TR>

<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="1">36 Weeks Ended<BR>9/07/02<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">Total<BR>Multibrand<BR>Restaurants<BR>9/07/02(a)<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">36 Weeks Ended<BR>9/07/02<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">Total<BR>Multibrand<BR>Restaurants<BR>9/07/02(a)(b)<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">36 Weeks Ended<BR>9/07/02<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
     <TH COLSPAN="1">Total<BR>Multibrand<BR>Restaurants<BR>9/07/02 <HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1"></TH>
<TH COLSPAN="1"></TH></TR>

<TR VALIGN="BOTTOM">
     <TD WIDTH="30%" ALIGN="LEFT">KFC</TD>
     <TD WIDTH="3%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="9%" ALIGN="RIGHT"></TD>
        <TD WIDTH="3%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="9%" ALIGN="RIGHT"></TD>
        <TD WIDTH="3%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="9%" ALIGN="RIGHT"></TD>
        <TD WIDTH="3%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="9%" ALIGN="RIGHT"></TD>
        <TD WIDTH="3%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="9%" ALIGN="RIGHT"></TD>
        <TD WIDTH="3%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="9%" ALIGN="RIGHT"></TD>
        <TD WIDTH="2%" ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Taco Bell</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">14</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">634</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">5</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">56</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">19</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">690</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Pizza Hut</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">21</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">141</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">67</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">25</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">208</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;A&amp;W</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">47</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">118</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">47</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">118</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Taco Bell/Pizza Hut 3 n 1</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">45</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">5</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">5</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">50</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Long John Silver&#146;s</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">7</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">7</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Chock Full o&#146;Nuts</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(3</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">(3</TD>
        <TD ALIGN="LEFT">)</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;WingWorks</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">15</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">16</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">15</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">16</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">100</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">961</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">10</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">128</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">110</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,089</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Taco Bell</TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Pizza Hut</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">50</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">591</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">17</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">54</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">608</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Long John Silver&#146;s</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">3</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">5</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">3</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">5</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Backyard Burgers</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">55</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">598</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">4</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">17</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">59</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">615</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Pizza Hut</TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;KFC</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Taco Bell</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">5</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">5</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;Backyard Burgers</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">8</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">-</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">2</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">8</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Long John Silver&#146;s(c)</TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;A&amp;W</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">148</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">148</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">149</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">149</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="1"></TD><TD></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Total</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">305</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,715</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">15</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">146</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">320</TD>
        <TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="RIGHT">1,861</TD>
        <TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN=BOTTOM>
     <TD COLSPAN="2"></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD>
     <TD ALIGN="RIGHT"><HR NOSHADE SIZE="2"></TD><TD></TD></TR>

</TABLE><BR><BR><BR><BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(a) </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> For
total multibrand  restaurants as of September 7, 2002, we added restaurants to the U.S.
and/or  International  business  segments,  which were previously  counted as
single-brand  restaurants.  These restaurants are not included  as net additions on a
year-to-date basis in 2002. </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(b) </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> For
total  multibrand  restaurants  as of  September  7,  2002,  we  reclassified  certain
restaurants  between  multibrand  categories  to  appropriately  reflect  current
operations.  These  restaurants  are not included as net  additions on a year-to-date
basis in 2002. </P></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN="RIGHT" WIDTH="3%">(c) </TD>
     <TD ALIGN="LEFT" WIDTH="3%">&nbsp;</TD>
     <TD WIDTH="94%"><P ALIGN="LEFT"> Includes
133 units that existed at the date of the acquisition of Yorkshire  Global  Restaurants,
Inc. on May 7,  2002. </P></TD>
</TR>
</TABLE>
<BR>
<BR><BR>
<p align=center>22</p>
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