Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Pant Muktesh
 2. Date of Event Requiring Statement (Month/Day/Year)
02/19/2009		 3. Issuer Name and Ticker or Trading Symbol
YUM BRANDS INC [YUM]
(Last)
(First)
(Middle)
14841 NORTH DALLAS PARKWAY		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Pres. Global Brand Building
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

DALLAS, TX 75254		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 452
I
By 401(k) Account

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
YUM Stock Appreciation Right 01/26/2007 01/26/2016 Common Stock 49,726 $ 24.4675 D  
Yum Stock Appreciation Right 01/26/2007 01/26/2016 Common Stock 41,440 $ 24.4675 D  
Yum Stock Appreciation Right 01/19/2008 01/19/2017 Common Stock 49,844 $ 29.61 D  
Phantom Stock   (1)   (2) Common Stock 18,963.69 $ (3) D  
YUM Stock Appreciation Right 01/24/2009 01/24/2018 Common Stock 53,543 $ 37.3 D  
Phantom Stock   (1)   (2) Common Stock 32,282 $ (3) D  
YUM Stock Appreciation Right 01/24/2013 01/24/2018 Common Stock 133,856 $ 37.3 D  
Phantom Stock   (1)   (2) Common Stock 397.91 $ (3) D  
YUM Stock Appreciation Right 02/05/2010 02/05/2019 Common Stock 135,318 $ 29.29 D  
Phantom Stock   (1)   (2) Common Stock 39,522.89 $ (3) D  
Employee Stock Option 07/21/2006 07/21/2015 Common Stock 38,596 $ 26.5275 D  
Phantom Stock 01/01/2010   (2) Common Stock 1,294.23 $ (3) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Pant Muktesh
14841 NORTH DALLAS PARKWAY
DALLAS, TX 75254		       Pres. Global Brand Building  

Signatures

Muktesh Pant 02/25/2009
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Shares of phantom stock are payable in stock upon Separation and are subject to earlier withdrawal in accordance with the terms o f Yum's deferred compensation plan.
(2) The YUM! Brands, Inc. Executive Income Deferral Program does not have specified expiration dates.
(3) Conversion occurs on a one-for-one basis.

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