YUM! Brands Inc. Restaurant Units Activity Summary December 27, 2008 Total Unconsolidated Excluding Company Affiliates Franchisees Licensees (a) Total U.S. Beginning of Year 3,896 - 14,081 17,977 New Builds 94 - 269 363 Acquisitions 95 - (94) 1 Refranchising (700) - 700 - Closures (71) - (477) (548) Other - - 3 3 End of Year 3,314 - 14,482 17,796 % of Total 19% - 81% 100%

Total International Division Beginning of Year 1,642 568 9,963 12,173 New Builds 55 - 869 924 Acquisitions 4 - (4) - Refranchising (71) (1) 72 - Closures (41) - (310) (351) Other (c) - (567) 567 - End of Year 1,589 - 11,157 12,746 % of Total 12% - 88% 100%

Total China Division (b) Beginning of Year 2,087 746 253 3,086 New Builds 447 89 35 571 Acquisitions 7 - (7) - Refranchising (4) - 4 - Closures (54) (8) (13) (75) Other (d) 182 (182) - - End of Year 2,665 645 272 3,582 % of Total 74% 18% 8% 100%

Total Worldwide Beginning of Year 7,625 1,314 24,297 33,236 New Builds 596 89 1,173 1,858 Acquisitions 106 - (105) 1 Refranchising (775) (1) 776 - Closures (166) (8) (800) (974) Other 182 (749) 570 3 End of Year 7,568 645 25,911 34,124 % of Total 22% 2% 76% 100%

(a) The total excludes 1,994 U.S. and 174 International Division licensee units. There are no licensed units in the China Division. The U.S. licensee unit count includes 1,461 Pizza Huts, 446 Taco Bells and 87 . The International Division licensee unit count includes 77 Pizza Huts, 54 KFCs, 42 Taco Bells and 1 Long John Silver’s. (b) The China Division summary includes 17 Company-owned East Dawning units. (c) In our fiscal quarter ended March 22, 2008, we sold our interest in our unconsolidated affiliate in Japan. While we will no longer have an ownership interest in the entity that operates both KFCs and Pizza Huts in Japan, it will continue to be a franchisee as it was when it operated as an unconsolidated affiliate. (d) On January 1, 2008 we began consolidating an entity in China in which we have a majority ownership interest and we have reclassified the units accordingly. This entity was previously accounted for as an unconsolidated affiliate.

1 YUM! Brands Inc. Restaurant Units Activity Summary December 27, 2008 United States

Company Franchisees Total

Pizza Hut Beginning of Year 1,292 4,852 6,144 New Builds 35 79 114 Acquisitions 94 (93) 1 Refranchising (374) 374 - Closures (18) (139) (157) Other - 1 1 End of Year 1,029 5,074 6,103 % of Total 17% 83% 100%

KFC Beginning of Year 971 4,302 5,273 New Builds 12 91 103 Acquisitions 1 (1) - Refranchising (6) 6 - Closures (22) (195) (217) Other - 7 7 End of Year 956 4,210 5,166 % of Total 19% 81% 100%

Taco Bell Beggginning of Year 1,301, 3,807, 5,108, New Builds 47 79 126 Acquisitions - - - Refranchising (11) 11 - Closures (8) (76) (84) Other - (8) (8) End of Year 1,329 3,813 5,142 % of Total 26% 74% 100%

Long John Silver's Beginning of Year 328 753 1,081 New Builds - 6 6 Acquisitions - - - Refranchising (308) 308 - Closures (20) (48) (68) Other - 3 3 End of Year - 1,022 1,022 % of Total - 100% 100%

A&W Beginning of Year 4 367 371 New Builds - 14 14 Acquisitions - - - Refranchising (1) 1 - Closures (3) (19) (22) Other - - - End of Year - 363 363 % of Total - 100% 100%

2 YUM! Brands Inc. Restaurant Units Activity Summary December 27, 2008 International Division

Total Unconsolidated Excluding Company Affiliates Franchisees Licensees KFC Beginning of Year 750 366 5,770 6,886 New Builds 43 - 521 564 Acquisitions - - - - Refranchising (28) - 28 - Closures (8) - (152) (160) Other - (366) 369 3 End of Year 757 - 6,536 7,293 % of Total 10% - 90% 100%

Pizza Hut Beginning of Year 891 202 3,707 4,800 New Builds 11 - 309 320 Acquisitions 4 - (4) - Refranchising (43) (1) 44 - Closures (33) - (137) (170) Other - (201) 200 (1) End of Year 830 - 4,119 4,949 % of Total 17% - 83% 100%

A&W Beginning of Year - - 254 254 New Builds - - 23 23 Acquisitions - - - - Refranchising - - - - Closures - - (11) (11) Other - - (2) (2) End of Year - - 264 264 % of Total - - 100% 100%

Taco Bell Beginning of Year 1 - 195 196 New Builds 1 - 12 13 Acquisitions - - - - Refranchising - - - - Closures - - (6) (6) Other - - - - End of Year 2 - 201 203 % of Total 1% - 99% 100%

Long John Silver's Beginning of Year - - 37 37 New Builds - - 4 4 Acquisitions - - - - Refranchising - - - - Closures - - (4) (4) Other - - - - End of Year - - 37 37 % of Total - - 100% 100%

3 YUM! Brands Inc. Restaurant Units Activity Summary December 27, 2008 China Division

Total Unconsolidated Excluding Company Affiliates Franchisees Licensees KFC Beginning of Year 1,618 746 228 2,592 New Builds 316 89 34 439 Acquisitions 7 - (7) - Refranchising (4) - 4 - Closures (31) (8) (12) (51) Other 182 (182) - - End of Year 2,088 645 247 2,980 % of Total 70% 22% 8% 100%

Pizza Hut Beginning of Year 455 - 25 480 New Builds 123 - 1 124 Acquisitions - - - - Refranchising - - - - Closures (18) - (1) (19) Other - - - - End of Year 560 - 25 585 % of Total 96% - 4% 100%

China Division includes mainland China, Thailand and KFC Taiwan.

4 Yum! Brands, Inc. United States Multibrand Restaurants December 27, 2008

United States (a) Multibrand Restaurants in Operation at 12/27/08

Gross Additions Year to Date 12/27/08 Company Franchise Total

KFC Taco Bell 64 181 603 784 A&W 10 89 249 338 Long John Silver's 23 45 231 276 Pizza Hut 1 60 53 113 Taco Bell/Pizza Hut 3 n 1 - 16 19 35 98 391 1,155 1,546

Taco Bell Pizza Hut 1 307 254 561 Long John Silver's 4 92 76 168 5 399 330 729

Pizza Hut WingStreet 917 811 1,252 2,063 Long John Silver's A&W 7 - 291 291

Total 1,027 1,601 3,028 4,629

Multibrand conversions increase the sales and points of distribution for the second brand added to a restaurant but do not result in an additional unit count. Similarly, a new multibrand restaurant, while increasing sales and points of distribution for two brands, results in just one additional unit count.

(a) Amounts do not reflect 329 International Division multibrand units in operation at the end of the period. There are no multibrand units in the China Division.

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2008 FOURTH-QUARTER DEFINITIONS

Excl F/x represents the percentage change excluding the impact of foreign currency translation. These amounts are calculated by translating current-year results at prior-year average exchange rates. We believe elimination of the foreign currency translation impact provides better year-to-year comparability without the distortion of foreign currency fluctuations.

Franchise Fees include fees from unconsolidated affiliates (joint ventures) and franchise and license restaurants. Fees include ongoing royalty and license fees, initial fees for new restaurants and contract- renewal fees.

Franchise Restaurants include franchise restaurants and exclude unconsolidated affiliates (joint ventures) and license restaurants.

Franchisee Sales represent combined estimated sales of unconsolidated affiliate, franchise and license restaurants. Franchisee sales, which are not included in the company sales we present on our Consolidated Statements of Income, generate franchise and license fees (typically at a rate of 4% to 6% of sales) that are included in the company’s revenues.

Free Cash Flow represents net cash provided by operating activities and other sources of cash, such as refranchising, employee stock-option proceeds, sales of PP&E and other, less net cash used in investing activities.

New-Restaurant Openings include unconsolidated affiliates (joint ventures), company-owned and franchise restaurants and exclude license restaurants.

Operating Margin represents operating profit dollars as a percentage of revenue dollars.

System Restaurants include unconsolidated affiliates (joint ventures), company-owned, franchise and license restaurants.

System-Sales Growth includes the results of all restaurants regardless of ownership including unconsolidated affiliates (joint ventures), company-owned, franchise and license restaurants. Sales of unconsolidated affiliates (joint ventures), franchise and license restaurants generate franchise and license fees for the company (typically at a rate of 4% to 6% of sales). Unconsolidated affiliates (joint ventures), franchise and license restaurant sales are not included in company sales we present on the Condensed Consolidated Statements of Income; however, the franchise fees previously defined are included in the company’s revenues. We believe system-sales growth is useful to investors as a significant indicator of the overall strength of our business as it incorporates all our revenue drivers, company and franchise same-store sales as well as new-restaurant development.

Same-Store-Sales Growth is the estimated growth in sales of all restaurants that have been open one year or more regardless of ownership including unconsolidated affiliates (joint ventures), company- owned, franchise and license restaurants.

6 Traditional Restaurants include unconsolidated affiliates (joint ventures), company-owned and franchise restaurants but exclude license restaurants, which are typically nontraditional restaurants, such as airports, with substantially lower average unit volumes than traditional restaurant locations.

U.S. Company Same-Store Sales include only company restaurants that have been open one year or more. U.S. blended same-store sales include KFC, Pizza Hut, and Taco Bell company-owned restaurants only. U.S. same-store sales for Long John Silver’s and A&W restaurants are not included.

DEFINITIONS OF KEY MARKETS The following list of definitions provides the significant countries and territories with at least 25 restaurants that are included in key markets that generally follow Yum! business management units for internal reporting purposes. For a complete list of countries and territories please see our detailed store count information available on our website.

China Division includes mainland China, Thailand (KFC and Pizza Hut), and Taiwan (KFC).

YRI Division Asia (ex China Division) includes Thailand (A&W), Japan, Indonesia, Malaysia, Philippines, Hawaii, Korea (KFC), Singapore, Taiwan (Pizza Hut and Long John Silver’s), Hong Kong, and Vietnam.

Australia includes Australia and New Zealand.

Continental Europe includes Belgium, Spain, Portugal, Cyprus, Germany (Pizza Hut), Greece, Italy, Israel, Romania, Poland, and the Czech Republic.

Latin America includes Brazil, El Salvador, Guatemala, Honduras, Costa Rica, Dominican Republic, Jamaica, Panama, Trinidad & Tobago, Chile, Ecuador, Peru, and Puerto Rico.

Middle East includes Bahrain, United Arab Emirates, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Morocco, Turkey, and Pakistan.

New Growth Markets include France, Russia, and India.

UK includes Great Britain, Ireland, and Northern Ireland.

U.S. Division includes the continental United States and Alaska.

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