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Yum! Brands, Inc. is pleased to offer you the opportunity to participate in Yum! Brands' YUM Direct, a convenient and low-cost stock purchase program for new investors to make an intial purchase and for existing investors to increase their holdings of Yum! Brands common stock.

Program highlights include. . .

  • Invest in Yum! Brands common stock through a convenient, low-cost method
  • Build investments over time, starting with as little as $250 for new investors, $25 for existing investors
  • Invest in shares directly by check, money order or bank draft
  • Authorize automatic monthly investments from checking or savings accounts
  • Invest up to $250,000 per year
  • Elect to have future dividends, if any, automatically reinvested
    (No dividends have been paid on Yum! Brands common stock to date.)
Please read the prospectus carefully. If you have any questions about YUM Direct, please call Equiserve, L.P. ("Equiserve"), the Program Administrator, toll free at 1-888-439-4YUM. Customer service representatives are available between the hours of 9:00 A.M. and 6:00 P.M. Eastern Time, Monday through Friday. Calls may be placed to the Equiserve automated line 24 hours a day, seven days a week.

Go to www.equiserve.com for Yum! Brands' on-line stock purchase service!