Moody's leaves ratings and rating outlook for Yum! Brands unchanged following company's announcement that it has reduced its earnings guidance for fiscal 2013

NEW YORK , October 11, 2013 (press release) – Moody's Investors Service stated today that the ratings and rating outlook for Yum Brands Inc. (Yum) are currently unaffected by the company's announcement that it has reduced its earnings guidance for its fiscal year 2013. For further information, please see www.moodys.com.

Yum! Brands, Inc. (Yum) headquartered in Louisville, Kentucky, is an owner, operator and franchisor of quick service restaurants with brands that include Kentucky Fried Chicken (KFC), Taco Bell, and Pizza Hut. Annual revenues are approximately $13.0 billion.

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