<SUBMISSION>
<ACCESSION-NUMBER>0000892303-02-000032
<TYPE>11-K
<PUBLIC-DOCUMENT-COUNT>2
<PERIOD>20010930
<FILING-DATE>20021029
<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>11-K
<ACT>34
<FILE-NUMBER>001-13163
<FILM-NUMBER>02801210
</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>11-K
<SEQUENCE>1
<FILENAME>yum401k11k1102.htm
<DESCRIPTION>YUM! 401K PLAN FORM 11-K
<TEXT>
<html>

<head>

content="text/html; charset=iso-8859-1">
<meta name="GENERATOR" content="Microsoft FrontPage Express 2.0">
<title>YUM! 401(k) Plan Form 11-K</title>
</head>

<body>
<div align="center"><center>

<table border="0" cellspacing="0" width="638">
    <tr>
        <td valign="top" colspan="2"><p align="center"><b>SECURITIES
        AND EXCHANGE COMMISSION</b></p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="2"><p align="center">Washington,
        D.C. 20549</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="2"><p align="center">FORM 11-K</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">[X]</td>
        <td valign="top" width="91%">ANNUAL REPORT PURSUANT TO
        SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="91%">For the fiscal year ended
        September 30, 2001</td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="2"><p align="center">OR</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">[&nbsp;&nbsp;&nbsp;]</td>
        <td valign="top" width="91%">TRANSITION REPORT PURSUANT
        TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="91%">For the transition period
        from ____________ to ___________</td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="2"><p align="center">Commission
        File Number: 1-13163</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Full
        title of the plan and the address of the plan, if
        different from that of the issuer named below:</td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="2"><p align="center"><b>YUM!
        Brands 401(k) Plan<br>
        TRICON 401K Plan</b></p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name
        of issuer of the securities held pursuant to the plan and
        the address of its principal executive office:</td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="2"><p align="center">YUM!
        Brands, Inc.</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="2"><p align="center">1441
        Gardiner Lane</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="2"><p align="center">Louisville,
        Kentucky 40213</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
</table>
</center></div>

<p>&nbsp;</p>

<hr>

<p><font size="3"></font>&nbsp;</p>
<div align="center"><center>

<table border="0" cellspacing="0" width="681">
    <tr>
        <td valign="top"><p align="center"><font size="4"><b>TRICON
        401K Plan</b></font></p>
        </td>
    </tr>
    <tr>
        <td valign="top"><p align="center"><font size="4"><br>
        Financial Statements and Supplemental Schedules</font></p>
        </td>
    </tr>
    <tr>
        <td valign="top"><p align="center"><font size="4"><br>
        September 30, 2001 and December 24, 2000</font></p>
        </td>
    </tr>
    <tr>
        <td valign="top"><p align="center"><font size="4"><br>
        (With Independent Auditors' Report Thereon)</font></p>
        </td>
    </tr>
</table>
</center></div>

<p align="left"><font size="4"></font>&nbsp;</p>

<hr>

<p align="center"><font size="4"></font>&nbsp;</p>
<div align="center"><center>

<table border="0" cellspacing="0" width="681">
    <tr>
        <td valign="top" colspan="2"><p align="center"><b>TRICON
        401K PLAN</b></p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="2"><p align="center"><b>Table
        of Contents</b></p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="90%">&nbsp;</td>
        <td valign="top" width="10%"><p align="center"><b>Page</b></p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="90%">&nbsp;</td>
        <td valign="top" width="10%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="90%">Independent Auditors' Report</td>
        <td valign="bottom" width="10%"><p align="center">1</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="90%">&nbsp;</td>
        <td valign="bottom" width="10%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="90%">Statements of Net Assets
        Available for Benefits at September 30, 2001 and<br>
        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;December 24, 2000</td>
        <td valign="bottom" width="10%"><p align="center">2</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="90%">&nbsp;</td>
        <td valign="bottom" width="10%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="90%">Statements of Changes in Net
        Assets Available for Benefits for the Period from <br>
        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;December 25, 2000 through
        September 30, 2001 and for the Period from January 1, <br>
        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 through December 24,
        2000</td>
        <td valign="bottom" width="10%"><p align="center">3</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="90%">&nbsp;</td>
        <td valign="bottom" width="10%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="90%">Notes to Financial
        Statements</td>
        <td valign="bottom" width="10%"><p align="center">4</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="90%">&nbsp;</td>
        <td valign="bottom" width="10%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="90%"><b>Schedules</b></td>
        <td valign="bottom" width="10%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="90%">&nbsp;</td>
        <td valign="bottom" width="10%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="90%">Schedule H, Line 4i --
        Schedule of Assets (Held at End of Period) -- September
        30, 2001</td>
        <td valign="bottom" width="10%"><p align="center">9</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="90%">&nbsp;</td>
        <td valign="bottom" width="10%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="90%">Schedule H, Line 4j --
        Schedule of Reportable Transactions for the Period from <br>
        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;December 25, 2000 through
        September 30, 2001</td>
        <td valign="bottom" width="10%"><p align="center">11</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="90%">&nbsp;</td>
        <td valign="top" width="10%">&nbsp;</td>
    </tr>
</table>
</center></div>

<p><font size="3"></font>&nbsp;</p>

<hr>

<p><font size="3"></font>&nbsp;</p>
<div align="center"><center>

<table border="0" cellspacing="0" width="624">
    <tr>
        <td valign="top"><p align="center"><b>Independent
        Auditors' Report</b></p>
        </td>
    </tr>
    <tr>
        <td valign="top">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top">Plan Administrator<br>
        TRICON 401K Plan:</td>
    </tr>
    <tr>
        <td valign="top">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top">We have audited the accompanying
        statements of net assets available for benefits of the
        TRICON 401K Plan (the &quot;Plan&quot;) (formerly known
        as the TRICON Long Term Savings Program) as of September
        30, 2001 and December 24, 2000 and the related statements
        of changes in net assets available for benefits for the
        period from December 25, 2000 through September 30, 2001
        and for the period from January 1, 2000 through December
        24, 2000. These financial statements are the
        responsibility of the Plan's management. Our
        responsibility is to express an opinion on these
        financial statements based on our audits.</td>
    </tr>
    <tr>
        <td valign="top">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top">We conducted our audits in accordance
        with auditing standards generally accepted in the United
        States of America. Those standards require that we plan
        and perform the audit to obtain reasonable assurance
        about whether the financial statements are free of
        material misstatement. An audit includes examining, on a
        test basis, evidence supporting the amounts and
        disclosures in the financial statements. An audit also
        includes assessing the accounting principles used and
        significant estimates made by management, as well as
        evaluating the overall financial statement presentation.
        We believe that our audits provide a reasonable basis for
        our opinion.</td>
    </tr>
    <tr>
        <td valign="top">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top">In our opinion, the financial statements
        referred to above present fairly, in all material
        respects, the net assets available for benefits of the
        Plan as of September 30, 2001 and December 24, 2000 and
        the changes in net assets available for benefits for the
        period from December 25, 2000 through September 30, 2001
        and for the period from January 1, 2000 through December
        24, 2000, in conformity with accounting principles
        generally accepted in the United States of America.</td>
    </tr>
    <tr>
        <td valign="top">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top">Our audits were performed for the
        purpose of forming an opinion on the basic financial
        statements taken as a whole. The supplemental schedules
        of assets (held at end of period) and reportable
        transactions for the period from December 25, 2000
        through September 30, 2001 are presented for the purpose
        of additional analysis and are not a required part of the
        basic financial statements, but are supplementary
        information required by the Department of Labor's Rules
        and Regulations for Reporting and Disclosure under the
        Employee Retirement Income Security Act of 1974. The
        supplemental schedules have been subjected to the
        auditing procedures applied in the audits of the basic
        financial statements and, in our opinion, are fairly
        stated in all materials respects in relation to the basic
        financial statements taken as a whole.</td>
    </tr>
    <tr>
        <td valign="top">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top">Louisville, Kentucky<br>
        March 15, 2002</td>
    </tr>
</table>
</center></div>

<p><font size="3"></font>&nbsp;</p>

<hr>

<p><font size="3"></font>&nbsp;</p>
<div align="center"><center>

<table border="0" cellspacing="0" width="669">
    <tr>
        <td valign="top" colspan="12"><p align="center"><b>TRICON
        401K PLAN</b></p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="12">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="12"><p align="center">Statements
        of Net Assets Available for Benefits</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="12">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="12"><p align="center">September
        30, 2001 and December 24, 2000</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="12">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="12"><p align="center">(In
        thousands)</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="8" width="64%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="8" width="64%"><p
        align="center"><b>Assets</b></p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="center"><b><u>2001</u></b></p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="center"><b><u>2000</u></b></p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="8" width="64%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="8" width="64%">Investments:</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="62%">Investments, at
        fair value:</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="6" width="59%">Common stock</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">$&nbsp;&nbsp;50,644
        </p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">39,893 </p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="6" width="59%">Investment in
        common/commingled trusts</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">88,443 </p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">102,020 </p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="6" width="59%">Various
        securities</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">6,269 </p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">8,903 </p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="62%">Loans from
        participants</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">7,058 </p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">6,300 </p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="62%">Investments, at
        contract value:</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="6" width="59%">Investment
        contracts</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,840
        </u></p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;3,415
        </u></p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="3" width="52%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="3" width="52%">Total
        investments</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;154,254
        </u></p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>160,531 </u></p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="8" width="64%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="8" width="64%">Receivables:</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="62%">Participants'
        contributions</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">412 </p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">693 </p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="62%">Employer
        contributions</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">--</p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">139 </p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="62%">Interest and
        dividends</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">110 </p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">178 </p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="62%">Other</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7
        </u></p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9
        </u></p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="3" width="52%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="3" width="52%">Total
        receivables</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;529
        </u></p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;1,019
        </u></p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="3" width="52%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="3" width="52%">Total assets</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;154,783
        </u></p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>161,550 </u></p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="8" width="64%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="8" width="64%"><p
        align="center"><b>Liabilities</b></p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="8" width="64%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="8" width="64%">Other
        liabilities</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86
        </u></p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54
        </u></p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="3" width="52%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="3" width="52%">Total
        liabilities</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86
        </u></p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54
        </u></p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="3" width="52%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="3" width="52%">Net assets
        available for benefits</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>$154,697
        </u></p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>161,496 </u></p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="10" width="82%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="10" width="82%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="10" width="82%">The
        accompanying notes are an integral part of these
        financial statements.</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="12">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="12"><p align="center">2</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="12">&nbsp;</td>
    </tr>
</table>
</center></div>

<p><font size="3"></font>&nbsp;</p>

<hr>

<p><font size="3"></font>&nbsp;</p>
<div align="center"><center>

<table border="0" cellspacing="0" width="663">
    <tr>
        <td valign="top" colspan="12"><p align="center"><b>TRICON
        401K PLAN</b></p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="12">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="12"><p align="center">Statements
        of Changes in Net Assets Available for Benefits</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="12">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="12"><p align="center">For the
        Period from December 25, 2000 through September 30, 2001</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="12"><p align="center">and for
        the Period from January 1, 2000 through December 24, 2000</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="12">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="12"><p align="center">(In
        thousands)</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="8" width="64%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="8" width="64%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="center"><b><u>2001</u></b></p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="center"><b><u>2000</u></b></p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="8" width="64%">Additions:</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="61%">Additions to net
        assets attributed to:</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="6" width="59%">Investment
        income:</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="5" width="56%">Net depreciation
        in fair value of investments</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">$&nbsp;&nbsp;&nbsp;(3,615)</p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">(13,430)</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="5" width="56%">Interest </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">1,721&nbsp;</p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">2,678&nbsp;</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="5" width="56%">Dividends</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">134&nbsp;</p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">34&nbsp;</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="5" width="56%">Other</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;(2,464</u>)</p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;(4,048</u>)</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="8" width="64%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">(4,224)</p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">(14,766)</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="3" width="51%">Less investment
        expenses</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(111</u>)</p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(106</u>)</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="8" width="64%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="8" width="64%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;(4,335</u>)</p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;(14,872</u>)</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="61%">Contributions:</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="6" width="59%">Participants</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">10,100&nbsp;</p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">14,682&nbsp;
        </p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="6" width="59%">Employer</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2,696</u>&nbsp;</p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,777</u>&nbsp;</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="8" width="64%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="8" width="64%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;12,796</u>&nbsp;</p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;18,459</u>&nbsp;<u>
        </u></p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="3" width="51%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="3" width="51%">Total additions</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;8,461</u>&nbsp;</p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,587</u>&nbsp;</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="8" width="64%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="8" width="64%">Deductions:</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="61%">Deductions from
        net assets attributed to:</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="6" width="59%">Benefits paid to
        participants</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">15,316&nbsp;</p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">26,507&nbsp;</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="6" width="59%">Other</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(56</u>)</p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(64</u>)</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="3" width="51%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="3" width="51%">Total deductions</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;15,260</u>&nbsp;</p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;26,443</u>&nbsp;</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="3" width="51%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="3" width="51%">Net decrease</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">(6,799)</p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right">(22,856)</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="8" width="64%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="8" width="64%">Net assets
        available for benefits:</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="61%">Beginning of
        period</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;161,496</u>&nbsp;</p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;184,352</u>&nbsp;</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="61%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="61%">End of period</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>$154,697</u>&nbsp;</p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="15%"><p align="right"><u>&nbsp;&nbsp;161,496&nbsp;</u></p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="12">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="12">The accompanying notes are
        an integral part of these financial statements.</td>
    </tr>
    <tr>
        <td valign="top" colspan="12">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="12"><p align="center">3</p>
        </td>
    </tr>
</table>
</center></div>

<p><font size="3"></font>&nbsp;</p>

<hr>

<p><font size="3"></font>&nbsp;</p>
<div align="center"><center>

<table border="0" cellspacing="0" width="624">
    <tr>
        <td valign="top" colspan="3"><p align="center"><b>TRICON
        401K PLAN</b></p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="3">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="3"><p align="center">Notes to
        Financial Statements</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="3">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="3"><p align="center">September
        30, 2001 and December 24, 2000</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="3">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="3"><p align="center">(Tabular
        Amounts in Thousands)</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="3">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%"><b>(1)</b></td>
        <td valign="top" colspan="2" width="91%"><b>Summary Plan
        Description</b></td>
    </tr>
    <tr>
        <td valign="top" colspan="3">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" colspan="2" width="91%">The following
        description of the TRICON 401K Plan (the
        &quot;Plan&quot;) (formerly known as the TRICON Long Term
        Savings Program) provides only general information.
        Participants should refer to the Plan document for a more
        complete description of the Plan's provisions.</td>
    </tr>
    <tr>
        <td valign="top" colspan="3">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%"><b><i>(a)</i></b></td>
        <td valign="top" width="83%"><b><i>General</i></b></td>
    </tr>
    <tr>
        <td valign="top" colspan="3">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">TRICON Global Restaurants,
        Inc. (the &quot;Company&quot;) adopted the Plan effective
        October 7, 1997 as a result of the spin-off of the
        Company from PepsiCo, Inc. The Plan is a successor of the
        PepsiCo Long Term Savings Program. Any employee within a
        group or class so designated by the Company is eligible
        to participate in the Plan. The Plan is subject to the
        provisions of the Employee Retirement Income Security
        Act, as amended (&quot;ERISA&quot;).</td>
    </tr>
    <tr>
        <td valign="top" colspan="3">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">The investments of the Plan
        are maintained in a trust (the &quot;Trust&quot;) by
        State Street Corporation (the &quot;Trustee&quot;)
        (formerly known as State Street Bank and Trust Company).</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%"><b><i>(b)</i></b></td>
        <td valign="top" width="83%"><b><i>Contributions</i></b></td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">Each participant in the Plan
        may elect to contribute any amount, not to exceed 15% of
        eligible earnings. The Tax Reform Act of 1986 limited the
        maximum annual amount a participant could contribute on a
        before-tax basis to $7,000, indexed for inflation. For
        calendar years 2001 and 2000, the maximum contribution
        allowed under the IRS tax code section 402(g)(3), was
        $10,500. There was no matching of contributions by the
        employer during the period from January 1, 1998 through
        June 30, 1998. Beginning in July 1998, participants
        received a 25% matching contribution on each unit of
        Company stock purchased. As of January 1, 1999 and
        through September 30, 2001, the matching contribution on
        each unit of Company stock purchased was 40%.</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%"><b><i>(c)</i></b></td>
        <td valign="top" width="83%"><b><i>Participant Loans</i></b></td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">The Plan has a loan program
        for participants. The maximum amount a participant may
        borrow is the lesser of 50% of the participant's vested
        interest under the Plan; $50,000 reduced by the highest
        outstanding loan balance during the preceding one-year
        period; 100% of the value of the participant's investment
        in certain funds; or the maximum loan amount that can be
        amortized by the participant's net pay up to four years.
        The interest rate for loans is based on the prime rate
        plus one percent. In addition, a one-time loan
        origination fee of $25 and a monthly maintenance fee are
        charged to those participants who obtain a loan. Interest
        on loans is allocated to each of the funds based upon the
        participant's contribution election percentages. Any
        loans outstanding shall become immediately due and
        payable in full if the participant's employment is
        terminated.</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">As of September 30, 2001 and
        December 24, 2000, loans outstanding had an estimated
        average interest rate of 8.6% and 10.2% and maturities
        through the years 2005 and 2004, respectively.</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%"><b><i>(d)</i></b></td>
        <td valign="top" width="83%"><b><i>Vesting</i></b></td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">Participants<i> </i>are
        fully vested in the entire value of their accounts upon
        contribution, including the Company matching
        contribution.</td>
    </tr>
    <tr>
        <td valign="top" colspan="3">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="3"><p align="center">4</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="3"><p align="right">(Continued)</p>
        </td>
    </tr>
</table>
</center></div>

<p><font size="3"></font>&nbsp;</p>

<hr>

<p><font size="3"></font>&nbsp;</p>
<div align="center"><center>

<table border="0" cellspacing="0" width="624">
    <tr>
        <td valign="top" colspan="3"><p align="center"><b>TRICON
        401K PLAN</b></p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="3">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="3"><p align="center">Notes to
        Financial Statements</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="3">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="3"><p align="center">September
        30, 2001 and December 24, 2000</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="3">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="3"><p align="center">(Tabular
        Amounts in Thousands)</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="3">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%"><b><i>(e)</i></b></td>
        <td valign="top" width="83%"><b><i>Withdrawals</i></b></td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">Distributions under the Plan
        are made upon a participant's death, disability,
        retirement, or termination of employment. Benefit
        payments are made in the form of a lump sum cash amount
        or in kind distribution. As discussed above, the Plan
        permits withdrawals under a loan program.</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%"><b><i>(f)</i></b></td>
        <td valign="top" width="83%"><b><i>Termination</i></b></td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">Although<i> </i>it has not
        expressed any intent to do so, the Company has the right
        under the Plan to terminate the Plan, subject to the
        provisions of ERISA.</td>
    </tr>
    <tr>
        <td valign="top" colspan="3">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%"><b>(2)</b></td>
        <td valign="top" colspan="2" width="91%"><b>Summary of
        Accounting Policies</b></td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%"><b><i>(a)</i></b></td>
        <td valign="top" width="83%"><b><i>Basis of Accounting</i></b></td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">The financial statements of
        the Plan are prepared under the accrual method of
        accounting. During 2000, the Company changed the Plan
        year end from December 31 to December 24, resulting in
        the 2000 plan year covering the period from January 1,
        2000 through December 24, 2000. During 2001, the Company
        again changed the Plan year end from December 24 to
        September 30, resulting in the 2001 plan year covering
        the period from December 25, 2000 through September 30,
        2001 (the &quot;Period&quot;).</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%"><b><i>(b)</i></b></td>
        <td valign="top" width="83%"><b><i>Use of Estimates</i></b></td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">The preparation of financial
        statements in conformity with accounting principles
        generally accepted in the United States of America
        requires management to make estimates and assumptions
        that affect the reported amounts of assets and
        liabilities and changes therein, and disclosure of
        contingent assets and liabilities. Actual results could
        differ from those estimates.</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%"><b><i>(c)</i></b></td>
        <td valign="top" width="83%"><b><i>Investment Valuation
        and Income Recognition</i></b></td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%"><b><i>Investment Valuation</i></b><i>
        -- </i>Investment<i> </i>contracts are stated at contract
        value, which approximates fair value. The Plan is
        credited with actual earnings on the underlying
        investments and charged for plan withdrawals and
        administration expenses charged by the issuer of the
        respective contracts. Cash and cash equivalents and
        participant loans are recorded at cost, which
        approximates fair value. Securities and investments in
        common/commingled trusts held by participants in the Plan
        are valued at quoted market prices of participants'
        investments. All other investments are valued at quoted
        market values.</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%"><b><i>Income Recognition</i></b><i>
        --</i> Dividend income is recorded on the ex-dividend
        date. Income from investments is recorded as earned on an
        accrual basis. Purchases and sales of securities are
        recorded on a trade-date basis. Realized gains and losses
        on the sales of securities are reported on the average
        cost method.</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%"><b><i>(d)</i></b></td>
        <td valign="top" width="83%"><b><i>Payment of Benefits</i></b></td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">Benefits are recorded when
        paid.</td>
    </tr>
    <tr>
        <td valign="top" colspan="3">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="3"><p align="center">5</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="3"><p align="right">(Continued)</p>
        </td>
    </tr>
</table>
</center></div>

<p><font size="3"></font>&nbsp;</p>

<hr>

<p><font size="3"></font>&nbsp;</p>
<div align="center"><center>

<table border="0" cellspacing="0" width="624">
    <tr>
        <td valign="top" colspan="3"><p align="center"><b>TRICON
        401K PLAN</b></p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="3">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="3"><p align="center">Notes to
        Financial Statements</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="3">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="3"><p align="center">September
        30, 2001 and December 24, 2000</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="3">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="3"><p align="center">(Tabular
        Amounts in Thousands)</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="3">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%"><b><i>(e)</i></b></td>
        <td valign="top" width="83%"><b><i>Administrative Costs</i></b></td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">All usual and reasonable
        expenses of the Plan and the Plan administrator may be
        paid in whole or in part by the Company. Any expenses not
        paid by the Company will be paid by the Trustee out of
        the Trust. All expenses for the period from December 25,
        2000 through September 30, 2001 and for the period from
        January 1, 2000 through December 24, 2000 were borne by
        the Company, except for monthly investment service fees
        charged to the funds, loan application and monthly
        maintenance fees charged to participants who obtained a
        loan and maintenance and transaction fees charged to
        participants within the Brokerage Option account.</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%"><b><i>(f)</i></b></td>
        <td valign="top" width="83%"><b><i>Reclassifications</i></b></td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="83%">Certain amounts in the prior
        period have been reclassified to conform with the
        presentation as of September 30, 2001 and for the Period.</td>
    </tr>
    <tr>
        <td valign="top" colspan="3">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%"><b>(3)</b></td>
        <td valign="top" colspan="2" width="91%"><b>Investments</b></td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" colspan="2" width="91%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" colspan="2" width="91%">Individual
        investments that represent 5 percent or more of the
        Plan's net assets available for benefits as of September
        30, 2001 and December 24, 2000 were as follows:</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" colspan="2" width="91%">&nbsp;</td>
    </tr>
</table>
</center></div><div align="center"><center>

<table border="0" cellspacing="0" width="624">
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="bottom" width="63%">&nbsp;</td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" width="13%"><p align="center"><b><u>2001</u></b></p>
        </td>
        <td valign="bottom" width="2%">&nbsp;</td>
        <td valign="bottom" width="13%"><p align="center"><b><u>2000</u></b></p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="bottom" width="63%">&nbsp;</td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" width="13%">&nbsp;</td>
        <td valign="bottom" width="2%">&nbsp;</td>
        <td valign="bottom" width="13%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="63%">TRICON Common Stock Fund</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="13%"><p align="right">$&nbsp;&nbsp;50,644</p>
        </td>
        <td valign="top" width="2%">&nbsp;</td>
        <td valign="top" width="13%"><p align="right">39,893</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="63%">Brokerage Option</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="13%"><p align="right">6,269</p>
        </td>
        <td valign="top" width="2%">&nbsp;</td>
        <td valign="top" width="13%"><p align="right">8,903</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="63%">State Street Bank Par Fund</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="13%"><p align="right">31,498</p>
        </td>
        <td valign="top" width="2%">&nbsp;</td>
        <td valign="top" width="13%"><p align="right">31,174</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="63%">State Street Global Advisors
        Large Company Index Fund</td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" width="13%"><p align="right">43,489</p>
        </td>
        <td valign="bottom" width="2%">&nbsp;</td>
        <td valign="bottom" width="13%"><p align="right">62,643</p>
        </td>
    </tr>
</table>
</center></div><div align="center"><center>

<table border="0" cellspacing="0" width="624">
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="91%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="91%">The TRICON Common Stock Fund
        includes nonparticipant-directed investments.</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="91%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="91%">The Plan's investments
        (including gains and losses of investments bought and
        sold, as well as held during the period) depreciated in
        value by approximately $3.6 million during the period
        from December 25, 2000 through September 30, 2001 and
        $13.4 million during the period from January 1, 2000
        through December 24, 2000 as follows:</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="91%">&nbsp;</td>
    </tr>
</table>
</center></div><div align="center"><center>

<table border="0" cellspacing="0" width="622">
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="bottom" width="51%">&nbsp;</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="center"><b><u>2001</u></b></p>
        </td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="center"><b><u>2000</u></b></p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="bottom" width="51%">&nbsp;</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%">&nbsp;</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="51%">Common stock</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="17%"><p align="right">$8,618&nbsp;</p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="17%"><p align="right">(7,248)</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="51%">Mutual funds</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="17%"><p align="right">--&nbsp;</p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="17%"><p align="right">1,361&nbsp;</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="top" width="51%">Common/commingled trusts</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="right"><u>&nbsp;&nbsp;(12,233</u>)</p>
        </td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="right"><u>&nbsp;&nbsp;&nbsp;(7,543</u>)</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="bottom" width="51%">&nbsp;</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%">&nbsp;</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="9%">&nbsp;</td>
        <td valign="bottom" width="51%">&nbsp;</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="right"><u>$&nbsp;&nbsp;(3,615</u>)</p>
        </td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="right"><u>&nbsp;(13,430</u>)</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="6">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="6"><p align="center">6</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="6"><p align="right">(Continued)</p>
        </td>
    </tr>
</table>
</center></div>

<p>&nbsp;</p>

<hr>

<p>&nbsp;</p>
<div align="center"><center>

<table border="0" cellspacing="0" width="624">
    <tr>
        <td valign="top" colspan="2"><p align="center"><b>TRICON
        401K PLAN</b></p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="2"><p align="center">Notes to
        Financial Statements</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="2"><p align="center">September
        30, 2001 and December 24, 2000</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="2"><p align="center">(Tabular
        Amounts in Thousands)</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="92%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="8%"><b>(4)</b></td>
        <td valign="top" width="92%"><b>Nonparticipant-Directed
        Investments</b></td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="92%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="92%">The TRICON Common Stock
        Fund, which contains nonparticipant-directed investments,
        has net assets of $50.6 million and $39.9 million, of
        which $9.8 million and $6.3 million are
        nonparticipant-directed investments, as of September 30,
        2001 and December 24, 2000, respectively. Information
        about the significant components of the changes in net
        assets relating to the nonparticipant-directed investment
        portion of the TRICON Common Stock fund is as follows:</td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="92%">&nbsp;</td>
    </tr>
</table>
</center></div><div align="center"><center>

<table border="0" cellspacing="0" width="625">
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="bottom" width="57%">&nbsp;</td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" width="16%"><p align="center"><b>Period
        from<br>
        December 25,<br>
        2000 through<br>
        September 30,<br>
        </b><b><u>2001</u></b></p>
        </td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="center"><b>Period
        from<br>
        January 1,<br>
        2000 through<br>
        December 24,<br>
        </b><b><u>2000</u></b></p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="bottom" width="57%">&nbsp;</td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" width="16%">&nbsp;</td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" width="17%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="bottom" width="57%">Changes in Net Assets:</td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" width="16%">&nbsp;</td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" width="17%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="57%">&nbsp;&nbsp;&nbsp;&nbsp;Contributions</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="16%"><p align="right">$2,835&nbsp;</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="17%"><p align="right">3,797&nbsp;</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="57%">&nbsp;&nbsp;&nbsp;&nbsp;Interest</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="16%"><p align="right">13&nbsp;</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="17%"><p align="right">12&nbsp;</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="57%">&nbsp;&nbsp;&nbsp;&nbsp;Net
        appreciation/(depreciation)</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="16%"><p align="right">1,352&nbsp;</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="17%"><p align="right">(401)</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="57%">&nbsp;&nbsp;&nbsp;&nbsp;Benefits
        paid to participants</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="16%"><p align="right">(784)</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="17%"><p align="right">(727)</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="57%">&nbsp;&nbsp;&nbsp;&nbsp;Transfers
        from/(to) participant-directed investments</td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" width="16%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33</u>&nbsp;</p>
        </td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;(93</u>)</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="bottom" width="57%">&nbsp;</td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" width="16%">&nbsp;</td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" width="17%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="bottom" width="57%">&nbsp;</td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" width="16%"><p align="right"><u>$3,449</u>&nbsp;</p>
        </td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="right"><u>2,588</u>&nbsp;</p>
        </td>
    </tr>
</table>
</center></div><div align="center"><center>

<table border="0" cellspacing="0" width="624">
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="92%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="8%"><b>(5)</b></td>
        <td valign="top" width="92%"><b>Tax Status</b></td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="92%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="92%">The Plan has not yet
        requested a determination letter from the Internal
        Revenue Service, however, the Plan Administrator believes
        that the Plan is currently designed and being operated in
        compliance with the applicable requirements of the
        Internal Revenue Code. Accordingly, no provision for
        income taxes has been included in the Plan's financial
        statements. The Plan is a spin-off from the PepsiCo Long
        Term Savings Program which had received a favorable
        determination letter from the Internal Revenue Service.
        The Plan intends to request a determination letter from
        the Internal Revenue Service before the end of the
        current remedial amendment period. The current remedial
        amended period expires in September 2002.</td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="2"><p align="center">7</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="2"><p align="right">(Continued)</p>
        </td>
    </tr>
</table>
</center></div>

<p><font size="3"></font>&nbsp;</p>

<hr>

<p><font size="3"></font>&nbsp;</p>
<div align="center"><center>

<table border="0" cellspacing="0" width="624">
    <tr>
        <td valign="top" colspan="2"><p align="center"><b>TRICON
        401K PLAN</b></p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="2"><p align="center">Notes to
        Financial Statements</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="2"><p align="center">September
        30, 2001 and December 24, 2000</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="2"><p align="center">(Tabular
        Amounts in Thousands)</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="8%"><b>(6)</b></td>
        <td valign="top" width="92%"><b>Reconciliation of
        Financial Statements to Form 5500</b></td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="92%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="92%">Notwithstanding the
        requirements of accounting principles generally accepted
        in the United States of America, the U.S. Department of
        Labor requires that unpaid benefit amounts be reported as
        a liability of the Plan for purposes of Internal Revenue
        Service Form 5500 filings. As a result, the following
        represents a reconciliation between the amounts shown on
        the accompanying financial statements and the amounts
        reported in the Plan's Form 5500.</td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="92%">&nbsp;</td>
    </tr>
</table>
</center></div><div align="center"><center>

<table border="0" cellspacing="0" width="623">
    <tr>
        <td valign="bottom" colspan="5"><p align="center"><b><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net
        Assets Available for
        Benefits&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></b></p>
        </td>
    </tr>
    <tr>
        <td valign="bottom" width="60%">&nbsp;</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="center"><b><u>2001</u></b></p>
        </td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="center"><b><u>2000</u></b></p>
        </td>
    </tr>
    <tr>
        <td valign="bottom" width="60%">&nbsp;</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%">&nbsp;</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="bottom" width="60%">Net assets available for
        benefits, as reported in the <br>
        &nbsp;&nbsp;&nbsp;&nbsp;financial statements</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="right">$154,697</p>
        </td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="right">161,496</p>
        </td>
    </tr>
    <tr>
        <td valign="bottom" width="60%">&nbsp;</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%">&nbsp;</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="60%">&nbsp;&nbsp;&nbsp;&nbsp;Less:&nbsp;&nbsp;benefits
        payable at end of period</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13</u></p>
        </td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41</u></p>
        </td>
    </tr>
    <tr>
        <td valign="bottom" width="60%">&nbsp;</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%">&nbsp;</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="bottom" width="60%">Net assets available for
        benefits, as reported in the <br>
        &nbsp;&nbsp;&nbsp;&nbsp;Plan's Form 5500</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="right"><u>$154,684</u></p>
        </td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="right"><u>161,455</u></p>
        </td>
    </tr>
    <tr>
        <td valign="bottom" width="60%">&nbsp;</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%">&nbsp;</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="bottom" colspan="5"><p align="center"><b><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Participant
        Benefits&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></b></p>
        </td>
    </tr>
    <tr>
        <td valign="bottom" width="60%">&nbsp;</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="center"><b><u>2001</u></b></p>
        </td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="center"><b><u>2000</u></b></p>
        </td>
    </tr>
    <tr>
        <td valign="bottom" width="60%">&nbsp;</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%">&nbsp;</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="bottom" width="60%">Benefit payments for the
        period, as reported in the <br>
        &nbsp;&nbsp;&nbsp;&nbsp;financial statements</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="right">$15,316</p>
        </td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="right">26,507</p>
        </td>
    </tr>
    <tr>
        <td valign="bottom" width="60%">&nbsp;</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%">&nbsp;</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="60%">&nbsp;&nbsp;&nbsp;&nbsp;Less:&nbsp;&nbsp;benefits
        payable at beginning of period</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="17%"><p align="right">41</p>
        </td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="17%"><p align="right">262</p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="60%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="17%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="17%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="60%">&nbsp;&nbsp;&nbsp;&nbsp;Plus:&nbsp;&nbsp;benefits
        payable at end of period</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13</u></p>
        </td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41</u></p>
        </td>
    </tr>
    <tr>
        <td valign="bottom" width="60%">&nbsp;</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%">&nbsp;</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="bottom" width="60%">Benefit payments for the
        period, as reported in the <br>
        &nbsp;&nbsp;&nbsp;&nbsp;Plan's Form 5500</td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="right"><u>$15,288</u></p>
        </td>
        <td valign="bottom" width="3%">&nbsp;</td>
        <td valign="bottom" width="17%"><p align="right"><u>26,286</u></p>
        </td>
    </tr>
</table>
</center></div><div align="center"><center>

<table border="0" cellspacing="0" width="624">
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="92%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="8%"><b>(7)</b></td>
        <td valign="top" width="92%"><b>Related Party
        Transactions</b></td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="92%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="92%">Certain Plan investments are
        shares of common/commingled trusts managed by the
        Trustee. Transactions involving these investments qualify
        as party-in-interest transactions.</td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="92%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="8%"><b>(8)</b></td>
        <td valign="top" width="92%"><b>Plan Modifications</b></td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="92%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="92%">Effective October 1, 2001,
        certain modifications were made to the Plan, principally
        in the areas of eligibility and the amount of the Company
        matching contribution. All U.S. hourly and salaried
        employees will be eligible to participate in the Plan if
        they are at least age 18 and have completed one year of
        service in which they worked a minimum of 1,000 hours.
        The Company match was changed to 100% of the first 3% of
        employee contributions and 50% of the next 2% of employee
        contributions, subject to certain limitations.</td>
    </tr>
    <tr>
        <td valign="top" width="8%">&nbsp;</td>
        <td valign="top" width="92%">&nbsp;</td>
    </tr>
</table>
</center></div>

<p>&nbsp;</p>

<hr>

<p>&nbsp;</p>
<div align="center"><center>

<table border="0" cellspacing="0" width="624">
    <tr>
        <td valign="top"><p align="center"><font size="4"><b>SUPPLEMENTAL
        SCHEDULES</b></font></p>
        </td>
    </tr>
</table>
</center></div>

<p><font size="3"></font>&nbsp;</p>

<hr>

<p><font size="3"></font>&nbsp;</p>
<div align="center"><center>

<table border="0" cellspacing="0" width="657">
    <tr>
        <td valign="top" colspan="12"><p align="center"><b>TRICON
        401K PLAN</b></p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="12">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="12"><p align="center">EIN:
        13-3951308</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="12">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="12"><p align="center">Schedule
        H, Line 4i - Schedule of Assets (Held at End of Period)</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="12">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="12"><p align="center">September
        30, 2001</p>
        </td>
    </tr>
    <tr>
        <td valign="bottom" colspan="12">&nbsp;</td>
    </tr>
    <tr>
        <td valign="bottom" colspan="8" width="38%"><p
        align="center"><b>Identity of issue<br>
        </b><b><u>borrower or similar party</u></b></p>
        </td>
        <td valign="bottom" width="22%">&nbsp;</td>
        <td valign="bottom" width="25%"><p align="center"><b><u>Description
        of interest</u></b></p>
        </td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" width="14%"><p align="center"><b><u>Fair
        value</u></b></p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" colspan="7" width="34%">&nbsp;</td>
        <td valign="top" width="22%">&nbsp;</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%"><font size="2">1, 2</font></td>
        <td valign="top" colspan="8" width="56%">TRICON Common
        Stock Fund</td>
        <td valign="top" width="25%"><p align="center">1,239,053
        shares</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%"><p align="right"><u>$50,644,230
        </u></p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" colspan="8" width="56%">&nbsp;</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" colspan="8" width="56%">Common/Commingled
        Trusts</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="6" width="51%">&nbsp;</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%"><font size="2">1 </font></td>
        <td valign="top" colspan="6" width="51%">State Street
        Bank Par Fund</td>
        <td valign="top" width="25%"><p align="center">33,377,023
        shares</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%"><p align="right">31,498,083 </p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="6" width="51%">&nbsp;</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%"><font size="2">1 </font></td>
        <td valign="top" colspan="6" width="51%">State Street
        Global Advisors Bond</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="5" width="48%">Market Index
        Fund</td>
        <td valign="top" width="25%"><p align="center">311,961
        shares</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%"><p align="right">4,181,213 </p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="6" width="51%">&nbsp;</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%"><font size="2">1 </font></td>
        <td valign="top" colspan="6" width="51%">State Street
        Global Advisors Large</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="5" width="48%">Company Index
        Fund</td>
        <td valign="top" width="25%"><p align="center">242,125
        shares</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%"><p align="right">43,489,312 </p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="6" width="51%">&nbsp;</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%"><font size="2">1 </font></td>
        <td valign="top" colspan="6" width="51%">State Street
        Global Advisors Mid-Sized</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="5" width="48%">Company Index
        Fund</td>
        <td valign="top" width="25%"><p align="center">397,393
        shares</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%"><p align="right">5,650,928 </p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="6" width="51%">&nbsp;</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%"><font size="2">1 </font></td>
        <td valign="top" colspan="6" width="51%">State Street
        Global Advisors Small Company</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="5" width="48%">Index Fund</td>
        <td valign="top" width="25%"><p align="center">138,127
        shares</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%"><p align="right">1,717,604 </p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="6" width="51%">&nbsp;</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%"><font size="2">1 </font></td>
        <td valign="top" colspan="6" width="51%">State Street
        Global Advisors International</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="5" width="48%">Index Fund</td>
        <td valign="top" width="25%"><p align="center">96,603
        shares</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%"><p align="right">987,475 </p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="6" width="51%">&nbsp;</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%"><font size="2">1 </font></td>
        <td valign="top" colspan="6" width="51%">State Street
        Bank - cash and cash equivalents </td>
        <td valign="top" width="25%"><p align="center">918,062
        shares</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;918,062
        </u></p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="4" width="45%">&nbsp;</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="4" width="45%">Total</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%"><p align="right"><u>&nbsp;88,442,677
        </u></p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" colspan="8" width="56%">&nbsp;</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%"><font size="2">1 </font></td>
        <td valign="top" colspan="8" width="56%">Brokerage Option</td>
        <td valign="top" width="25%"><p align="center">Various</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%"><p align="right"><u>&nbsp;&nbsp;&nbsp;6,268,685
        </u></p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" colspan="8" width="56%">&nbsp;</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%"><font size="2">1 </font></td>
        <td valign="top" colspan="8" width="56%">Stable Value</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="53%">State Street
        Bank Selection Fund -</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="6" width="51%">Investment
        Contracts</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="53%">&nbsp;</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="53%">1997 - EEE 7
        Principal Mutual</td>
        <td valign="top" width="25%"><p align="center">Interest
        rate of 7.18% due</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="53%">&nbsp;</td>
        <td valign="top" width="25%"><p align="center">through
        7/1/02</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%"><p align="right">341,876 </p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="53%">&nbsp;</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="53%">1997 - EEE 8
        John Hancock Life</td>
        <td valign="top" width="25%"><p align="center">Interest
        rate of 6.46% due</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="53%">&nbsp;</td>
        <td valign="top" width="25%"><p align="center">through
        5/31/02</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%"><p align="right">188,000 </p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="53%">&nbsp;</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="53%">1997 - EEE 9 New
        York Life</td>
        <td valign="top" width="25%"><p align="center">Interest
        rate of 6.58% due</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="53%">&nbsp;</td>
        <td valign="top" width="25%"><p align="center">through
        10/1/01</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%"><p align="right">255,509 </p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="53%">&nbsp;</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="53%">1997 - EEE 10
        Principal Mutual</td>
        <td valign="top" width="25%"><p align="center">Interest
        rate of 6.82% due</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="53%">&nbsp;</td>
        <td valign="top" width="25%"><p align="center">through
        10/31/01</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%"><p align="right">347,428 </p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="53%">&nbsp;</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="53%">1997 - EEE 11
        Life of Virginia</td>
        <td valign="top" width="25%"><p align="center">Interest
        rate of 7.16% due</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="53%">&nbsp;</td>
        <td valign="top" width="25%"><p align="center">through
        1/2/02</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%"><p align="right">355,119 </p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="53%">&nbsp;</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="53%">1997 - EEE 12
        Prudential</td>
        <td valign="top" width="25%"><p align="center">Interest
        rate of 6.85% due</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="53%">&nbsp;</td>
        <td valign="top" width="25%"><p align="center">through
        11/30/01</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352,008
        </u></p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="4%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="7" width="53%">&nbsp;</td>
        <td valign="top" width="25%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%"><p align="right"><u>&nbsp;&nbsp;1,839,940
        </u></p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="12">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="12">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="12"><p align="center">9</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="12"><p align="right">(Continued)</p>
        </td>
    </tr>
</table>
</center></div>

<p><font size="3"></font>&nbsp;</p>

<hr>

<p><font size="3"></font>&nbsp;</p>
<div align="center"><center>

<table border="0" cellspacing="0" width="642">
    <tr>
        <td valign="top" colspan="12"><p align="center"><b>TRICON
        401K PLAN</b></p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="12">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="12"><p align="center">EIN:
        13-3951308</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="12">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="12"><p align="center">Schedule
        H, Line 4i - Schedule of Assets (Held at End of Period)</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="12">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="12"><p align="center">September
        30, 2001</p>
        </td>
    </tr>
    <tr>
        <td valign="bottom" colspan="8" width="39%">&nbsp;</td>
        <td valign="bottom" width="18%">&nbsp;</td>
        <td valign="bottom" width="27%">&nbsp;</td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="bottom" colspan="8" width="39%"><p
        align="center"><b>Identity of issue<br>
        </b><b><u>borrower or similar party</u></b></p>
        </td>
        <td valign="bottom" width="18%">&nbsp;</td>
        <td valign="bottom" width="27%"><p align="center"><b><u>Description
        of interest</u></b></p>
        </td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" width="14%"><p align="center"><b><u>Fair
        value</u></b></p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="5%">&nbsp;</td>
        <td valign="top" colspan="8" width="53%">&nbsp;</td>
        <td valign="top" colspan="2" width="28%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="5%"><p align="right"><font
        size="2">1 </font></p>
        </td>
        <td valign="top" colspan="8" width="53%">Loans from
        participants</td>
        <td valign="top" width="27%"><p align="center">Interest
        rate ranging from </p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="5%">&nbsp;</td>
        <td valign="top" colspan="8" width="53%">&nbsp;</td>
        <td valign="top" width="27%"><p align="center">7.5% to
        10% through 2005</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%"><p align="right"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7,058,210
        </u></p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="5%">&nbsp;</td>
        <td valign="top" colspan="8" width="53%">&nbsp;</td>
        <td valign="top" width="27%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="5%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" width="3%">&nbsp;</td>
        <td valign="top" colspan="4" width="43%">Total</td>
        <td valign="top" width="27%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%"><p align="right"><u>$154,253,742
        </u></p>
        </td>
    </tr>
    <tr>
        <td valign="top" width="5%">&nbsp;</td>
        <td valign="top" colspan="8" width="53%">&nbsp;</td>
        <td valign="top" width="27%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="5%"><p align="right"><font
        size="2">1 </font></p>
        </td>
        <td valign="top" colspan="8" width="53%"><font size="2">Party-In-Interest</font></td>
        <td valign="top" width="27%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" width="14%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="5%"><p align="right"><font
        size="2">2 </font></p>
        </td>
        <td valign="top" colspan="11" width="95%"><font size="2">The
        TRICON Common Stock Fund, which includes
        nonparticipant-directed investments, had a cost of
        $50,745,883 at September 30, 2001.</font></td>
    </tr>
    <tr>
        <td valign="top" width="5%">&nbsp;</td>
        <td valign="top" colspan="11" width="95%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="12"><p align="center">10</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="12">&nbsp;</td>
    </tr>
</table>
</center></div>

<p><font size="3"></font>&nbsp;</p>

<hr>

<p><font size="3"></font>&nbsp;</p>
<div align="center"><center>

<table border="0" cellspacing="0" width="835">
    <tr>
        <td valign="top" colspan="36"><p align="center"><b>TRICON
        401K PLAN</b></p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="36">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="36"><p align="center">EIN:
        13-3951308</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="36">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="36"><p align="center">Schedule
        H, Line 4j - Schedule of Reportable Transactions</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="36">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="36"><p align="center">For the
        Period from December 25, 2000 through September 30, 2001</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="36">&nbsp;</td>
    </tr>
    <tr>
        <td valign="bottom" colspan="13" width="26%"><p
        align="center"><b>Identity of</b><b><u><br>
        party involved</u></b></p>
        </td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" colspan="2" width="15%"><p
        align="center"><b>Description</b><b><u> <br>
        of asset</u></b></p>
        </td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" colspan="3" width="10%"><p
        align="center"><b>Purchase<br>
        </b><b><u>price</u></b></p>
        </td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" colspan="3" width="10%"><p
        align="center"><b>Selling<br>
        </b><b><u>price</u></b></p>
        </td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" colspan="3" width="9%"><p
        align="center"><b>Cost of<br>
        </b><b><u>asset</u></b></p>
        </td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" colspan="3" width="14%"><p
        align="center"><b>Current value <br>
        of asset on <br>
        </b><b><u>transaction date</u></b></p>
        </td>
        <td valign="bottom" width="1%">&nbsp;</td>
        <td valign="bottom" colspan="3" width="11%"><p
        align="center"><b>Net gain<br>
        </b><b><u>(loss)</u></b></p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="16" width="42%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="10%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="10%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="9%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="14%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="11%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="16" width="42%">Series of
        transaction in excess of 5% of plan assets:</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="10%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="10%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="9%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="14%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="11%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="13" width="26%">* State Street
        Global Advisors</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="2" width="15%"><p
        align="center">Government STIF</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="10%"><p align="right">$11,818,348
        </p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="10%"><p align="right">--
        </p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="9%"><p align="right">11,818,348
        </p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="14%"><p
        align="center">11,818,348 </p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="11%"><p align="right">--&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="13" width="26%">* State Street
        Global Advisors</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="2" width="15%"><p
        align="center">Government STIF</p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="10%"><p align="right">--
        </p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="10%"><p align="right">11,598,597
        </p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="9%"><p align="right">11,594,597
        </p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="14%"><p
        align="center">11,598,597 </p>
        </td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="11%"><p align="right">--&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="13" width="26%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="2" width="15%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="10%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="10%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="9%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="14%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="11%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="13" width="26%"><font size="2">*
        Party-in-interest</font></td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="2" width="15%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="10%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="10%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="9%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="14%">&nbsp;</td>
        <td valign="top" width="1%">&nbsp;</td>
        <td valign="top" colspan="3" width="11%">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="36">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="36"><p align="center">11</p>
        </td>
    </tr>
    <tr>
        <td valign="top" colspan="36">&nbsp;</td>
    </tr>
</table>
</center></div>

<p><font size="3"></font>&nbsp;</p>

<hr>

<p><font size="3"></font>&nbsp;</p>
<div align="center"><center>

<table border="0" cellspacing="0" width="638">
    <tr>
        <td valign="top"><p align="center"><b>SIGNATURES</b></p>
        </td>
    </tr>
    <tr>
        <td valign="top">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
        to the requirements of the Securities Exchange Act of
        1934, the trustees (or other persons who administer the
        employee benefit plan) have duly caused this annual
        report to be signed on its behalf by the undersigned
        hereunto duly authorized.</td>
    </tr>
    <tr>
        <td valign="top">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top">&nbsp;</td>
    </tr>
</table>
</center></div><div align="center"><center>

<table border="0" cellspacing="0" width="638">
    <tr>
        <td valign="top" width="42%">&nbsp;</td>
        <td valign="top" width="58%"><b>YUM! BRANDS 401(k) PLAN</b></td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" width="42%">&nbsp;</td>
        <td valign="top" width="58%">By: <u>&nbsp;&nbsp;&nbsp;/s/
        Tammy
        Mahoney&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></td>
    </tr>
    <tr>
        <td valign="top" width="42%">&nbsp;</td>
        <td valign="top" width="58%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tammy
        Mahoney</td>
    </tr>
    <tr>
        <td valign="top" width="42%">&nbsp;</td>
        <td valign="top" width="58%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Plan
        Administrator</td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top" colspan="2">Date:&nbsp;&nbsp;&nbsp;October
        29, 2002</td>
    </tr>
    <tr>
        <td valign="top" colspan="2">&nbsp;</td>
    </tr>
</table>
</center></div>
</body>
</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23
<SEQUENCE>3
<FILENAME>consent11k.htm
<DESCRIPTION>KPMG CONSENT
<TEXT>
<html>

<head>

content="text/html; charset=iso-8859-1">
<meta name="Template"
content="C:\Financial Statement\FS Template.dot">
<meta name="GENERATOR" content="Microsoft FrontPage Express 2.0">
<title>KPMG Consent - YUM! 401K Form 11-K</title>
</head>

<body>
<div align="center"><center>

<table border="0" cellspacing="0" width="646">
    <tr>
        <td valign="top"><p align="right"><font size="3">EXHIBIT
        23</font></p>
        </td>
    </tr>
    <tr>
        <td valign="top">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top"><p align="center"><font size="3"><u>Consent
        of Independent Auditors</u></font></p>
        </td>
    </tr>
    <tr>
        <td valign="top">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top"><font size="3">The Board of Directors<br>
        YUM! Brands, Inc.:</font></td>
    </tr>
    <tr>
        <td valign="top">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top"><font size="3">We consent to the
        incorporation by reference in the registration statements
        (Nos. 333-36893 and 333-32048) on Form S-8 of YUM!
        Brands, Inc. (formerly TRICON Global Restaurants, Inc.)
        of our report dated March 15, 2002 relating to the
        financial statements and supplemental schedules of the
        TRICON 401K Plan (formerly the TRICON Long Term Savings
        Program) as of September 30, 2001 and December 24, 2000,
        and for the period from December 25, 2000 through
        September 30, 2001 and for the period from January 1,
        2000 through December 24, 2000, which report appears in
        the September 30, 2001 annual report on Form 11-K of YUM!
        Brands, Inc.</font></td>
    </tr>
    <tr>
        <td valign="top">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top"><font size="3">KPMG LLP</font></td>
    </tr>
    <tr>
        <td valign="top">&nbsp;</td>
    </tr>
    <tr>
        <td valign="top"><font size="3">Louisville, Kentucky<br>
        October 25, 2002</font></td>
    </tr>
</table>
</center></div>
</body>
</html>

</TEXT>
</DOCUMENT>
</SUBMISSION>
