SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    Form 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of

                       The Securities Exchange Act of 1934


                               February 8, 2001
                     --------------------------------------
                Date of Report (Date of earliest event reported)


                                  PepsiCo, Inc.
                    ----------------------------------------
             (Exact name of registrant as specified in its charter)


                                 North Carolina
                        ---------------------------------
                 (State or other jurisdiction of incorporation)


                  1-1183                             13-1584302
          (Commission File Number)        (IRS Employer Identification No.)



                700 Anderson Hill Road, Purchase, New York 10577
                   -------------------------------------------
                    (Address of Principal Executive Offices)

       Registrant's telephone number, including area code: (914) 253-2000

Item 5. Other Information The information in Exhibit 99.1 is incorporated herein by reference. "Forward-looking statements", within the meaning Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, are made in this document. These forward-looking statements are based on currently available competitive, financial and economic data and our operating plans and are subject to risks, uncertainties and assumptions. As a result, the forward-looking events discussed in this document and the exhibit hereto could turn out to be significantly different from expectations or may not occur. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibits 99.1 Press Release, dated February 8, 2001, issued by PepsiCo, Inc.

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: February 8, 2001 PepsiCo, Inc. By: /s/ LAWRENCE F. DICKIE -------------------------- Lawrence F. Dickie Vice President, Associate General Counsel and Assistant Secretary

INDEX TO EXHIBITS Exhibit Number Description 99.1 Press release from PepsiCo, Inc. dated February 8, 2001


     FTC Issues Request for Additional Information in PepsiCo/Quaker Merger

PURCHASE,  NY and CHICAGO, IL, Feb. 8-- PepsiCo, Inc. (NYSE: PEP) and The Quaker
Oats Company (NYSE:  OAT) announced today that the Federal Trade  Commission has
requested  additional  information  in connection  with its antitrust  review of
PepsiCo's  proposed  merger  with  Quaker.  Such a request is not  uncommon in a
transaction of this size and was anticipated.

The companies also said that they have received  preliminary  clearance from the
Securities  and  Exchange  Commission  of the joint  proxy  statement/prospectus
relating to the merger.

As previously announced, the parties expect to complete the transaction sometime
in the second quarter of 2001.


Safe Harbor Statement

This release contains certain "forward-looking" statements within the meaning of
the Private Securities Litigation Reform Act of 1995. These statements are based
on management's  current  expectations and are naturally  subject to uncertainty
and  changes in  circumstances.  Actual  results  may vary  materially  from the
expectations contained herein. Factors that could cause actual results to differ
materially  from  those  described   herein  include  the  inability  to  obtain
shareholder or regulatory  approvals and actions of the U.S.,  foreign and local
governments. Forward-looking statements speak only as of the date they are made,
and neither PepsiCo, Inc. nor The Quaker Oats Company is under any obligation to
(and  expressly   disclaims  any  such   obligation  to)  update  or  alter  its
forward-looking  statements,  whether  as a result  of new  information,  future
events, or otherwise.
                                    - more -

On  January  9,  2001,  PepsiCo  filed a  joint  proxy  statement/prospectus  in
connection  with its proposed  merger with The Quaker Oats Company.  PepsiCo and
Quaker   will  be  jointly   preparing   an   amendment   to  the  joint   proxy
statement/prospectus  and will be filing such  amendment with the Securities and
Exchange Commission.  Investors are urged to read the proxy statement/prospectus
when it becomes  available and any other relevant  documents  filed with the SEC
because  they will  contain  important  information.  Investors  will be able to
obtain the  documents  free of charge at the web site  maintained  by the SEC at
www.sec.gov.  In addition,  investors may obtain documents filed with the SEC by
PepsiCo free of charge by  requesting  them in writing from PepsiCo,  Inc.,  700
Anderson  Hill Road,  Purchase,  New York  10577,  Attention:  Secretary,  or by
telephone at (914) 253-2000.  Investors may obtain  documents filed with the SEC
by Quaker  free of charge by  requesting  them in writing  from The Quaker  Oats
Company, 321 North Clark Street, Chicago,  Illinois 60610, Attention:  Corporate
Secretary, or by telephone at (312) 222-7111.

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