Pepsi Philippines (PSE: PIP)

Templeton Emerging Markets Smaller Companies Fund as of December 31, 2009 As per disclosure of the said fund, they own 100,458,420 shares of Pepsi Phils. Templeton Asian Smaller Companies Fund as of December 31, 2009 As per disclosure of the said fund, they own 9,383,000 shares of Pepsi Phils. Source: http://www.franklintempleton.lu/shared/pdf/holdings/11615_holdings.pdf http://www.franklintempleton.lu/shared/pdf/holdings/12898_holdings.pdf

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Market Action

(Note: Updated within the day) 9:44am PAX opened at 2.50, gapping 4 cents from its yesterday’s close at 2.46 9:48am After opening at 68, the stock lost its grip as investors find it to pricey to push IMI to its 5th consecutive limit up of 50% gain for the day. Currently trading to 40 a piece, down 5.50 from yesterday.

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