**Exhibit 21**Subsidiaries of The Pepsi Bottling Group, Inc.As of December 30, 2006    **Name of Subsidiary**  **Jurisdiction**     Avalon Lake, Sarl Luxembourg Bermuda Holdings, LLC Delaware Bottling Group Holdings, Inc. Delaware Bottling Group, LLC Delaware C & I Leasing, Inc. Maryland Gemex Holdings LLC Delaware Gray Bern Holdings, Inc. Delaware Grayhawk Leasing, LLC Delaware Hillwood Bottling, LLC Delaware International Bottlers Management Co. LLC Delaware Luxembourg SCS Holdings, LLC Delaware New Bern Transport Corporation Delaware PBG Canada Finance, LLC Bermuda PBG Canada Finance II, LLC Bermuda PBG Canada Holdings, Inc. Delaware PBG Canada Holdings II, Inc. Delaware PBG Commerce, Sarl Luxembourg PBG Horizon, LLC Delaware PBG International Holdings Partnership Bermuda PBG International Holdings Luxembourg Jayhawk, SCS Luxembourg PBG Midwest Holding Sarl Luxembourg PBG Michigan, LLC Delaware PBG Mohegan Holdings Limited Gibraltar PBG Soda Can Holdings Sarl Luxembourg PBG Spirituosen Holdings, Sarl Luxembourg Pepsi-Cola Commodities, Sarl Luxembourg Pepsi Bottling Group Global Finance LLC Delaware Pepsi Northwest Beverages LLC Delaware Primrose, LLC Delaware Valley Pond, Sarl Luxembourg Woodlands Insurance Company, Inc. Vermont The Pepsi Bottling Group (Canada), Co. Canada PBG Investment Partnership Canada PBG Investment (Luxembourg) Sarl Luxembourg Pepsi Bottling Group GmbH Germany Tanglewood Finance, Sarl Luxembourg PepsiCo IVI S.A. Greece 
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    **Name of Subsidiary**  **Jurisdiction** Dornfell Ireland PBG Northern Atlantic Limited Ireland PBG Beverages Ireland Limited Ireland PBG Beverages International Limited Ireland PR Beverages Limited Ireland PBG Cyprus Holdings Limited Cyprus Pepsi-Cola Bottling Finance B.V. The Netherlands Pepsi-Cola Bottling Global B.V. The Netherlands PepsiCo Holdings OOO (Russia) Russia Pepsi-Cola Soft Drink Factory of Sochi Russia Abechuko Inversiones, S.L. Spain Alikate Inversiones, S.L. Spain Bottling Group Espana, S.L. Spain Bottling Group Servicios Centrales SL Spain Catalana de Bebidas Carbonicas, S.L. Spain Canguro Rojo Inversiones, S.L. Spain Centro-Mediterreanea de Bebidas Carbonicas PepsiCo S.L. Spain Centro-Levantina de Bebidas Carbonicas PepsiCo S.L. Spain Compania de Bebidas PepsiCo, S.L. Spain KAS, S.L. Spain KAS Mexico, S.L. Spain Mountain Dew Inversiones, S.L. Spain Onbiso Inversiones, S.L. Spain Enfolg Inversiones, S.L. Spain Gatika Inversiones, S.L. Spain Greip Inversiones, S.L. Spain PBG Holding de Espana ETVE, S.L. Spain Jatabe Inversiones, S.L. Spain Jugodesalud Inversiones, S.L. Spain Lorencito Inversiones, S.L. Spain Manurga Inversiones, S.L. Spain Miglioni Inversiones, S.L. Spain Nadamas Inversiones, S.L. Spain PBG Financiera y Promocion de Empresas, S.L. Spain PBG Commercial SECOR, S.L. Spain PBG Hispano Mexicana SRL Spain PepsiCo Ventas Andalucia, S.L. Spain Stepplan Inversiones, S.L. Spain Beimiguel Inversiones, S.L. Spain Aquafina Inversiones, S.L. Spain Wesellsoda Inversiones, S.L. Spain Rasines Inversiones, S.L. Spain Rebujito Inversiones, S.L. Spain Ronkas Inversiones, S.L. Spain 
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    **Name of Subsidiary**  **Jurisdiction** Pet-Iberia, S.L. Spain Constar Ambalaj Sanyi Ve Ticaret A.S. Turkey Fruko Mesrubat Sanayii, Ltd. Sti. Turkey PepsiCo Middle East Investments The Netherlands Pepsi-Cola Servis Dagitim, Ltd. Sti. Turkey Duingras Holdings, B.V. The Netherlands Bebidas Purificadas S.R.L. Mexico Embotelladores Del Valle de Anahuac, S.R.L. Mexico Embotelladores Mexicanos de Pepsi Cola S.R.L. Mexico Embotelladora de Refrescos Mexicanos S.R.L. Mexico Envasadora Del Centro, S.R.L. Mexico Embotelladora Moderna, S.R.L Mexico Embotelladora La Isleta, S.R.L. Mexico Embotelladores Del Bajio, S.R.L. Mexico Finvemex, S.R.L. Mexico Nueva Santa Cecilia, S.R.L. Mexico Servicios Administativos Suma, S.R.L. Mexico Bienes Raices Metropolitanos, S.R.L. Mexico Fomentadora Urbana Metropolitana, S.R.L. Mexico Equipos Para Embotelladoras Y Cervecerias, S.R.L. Mexico Industria de Refrescos, S.R.L. Mexico Bedidas Purificadas Del Sureste S.R.L. Mexico Marketing Para Embotelladoras SRL Mexico Procesos Plasticos S.R.L. Mexico Inmobiliaria La Bufa, S.R.L. Mexico Central de La Industria Escorpion S.R.L. Mexico Fomentadora Urbana del Sureste, S.R.L. Mexico Embotelladora Metropolitana, S.R.L. Mexico Embotelladora Potosi, S.R.L. Mexico Electropura, S.R.L. Mexico Inmobiliaria Operativa S.R.L. Mexico Embotelladora Garci-Crespo, S.R.L. Mexico Commercializadora Vitalite, S.R.L. Mexico Distribuidora Garci-Crespo, S.R.L. Mexico Inmobiliaria La Cantera, S.R.L. Mexico Granja Buen Agua, S.R.L. Mexico Bebidas Purificadas Del Noreste, S.R.L. Mexico Tenedora Del Noreste, S.R.L. Mexico Grupo Embotellador Noreste, S.R.L. Mexico Industria de Refrescos Del Noreste, S.R.L. Mexico The Pepsi Bottling Group Mexico S.R.L. Mexico KAS Anorthosis S.C.A. Luxembourg 
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