FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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OMB Number: 3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

MOORE GREGORY N 		2. Issuer Name and Ticker or Trading Symbol

YUM BRANDS INC [ YUM ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Sr. VP and Controller
(Last)          (First)          (Middle)

1441 GARDINER LANE 		3. Date of Earliest Transaction (MM/DD/YYYY)

9/3/2004
(Street)

LOUISVILLE, KY 40213
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   9/3/2004   9/3/2004   M    25026.00   (1) A $23.4844   26533.19   D    
Common Stock   9/3/2004   9/3/2004   S    905.00   (1) D $40.16   25628.19   D    
Common Stock   9/3/2004   9/3/2004   S    2327.00   (1) D $40.15   23301.19   D    
Common Stock   9/3/2004   9/3/2004   S    3297.00   (1) D $40.14   20004.19   D    
Common Stock   9/3/2004   9/3/2004   S    1616.00   (1) D $40.13   18388.19   D    
Common Stock   9/3/2004   9/3/2004   S    1293.00   (1) D $40.13   17095.19   D    
Common Stock   9/3/2004   9/3/2004   S    840.00   (1) D $40.11   16255.19   D    
Common Stock   9/3/2004   9/3/2004   S    1940.00   (1) D $40.10   14315.19   D    
Common Stock   9/3/2004   9/3/2004   S    1940.00   (1) D $40.09   12375.19   D    
Common Stock   9/3/2004   9/3/2004   S    776.00   (1) D $40.08   11599.19   D    
Common Stock   9/3/2004   9/3/2004   S    582.00   (1) D $40.07   11017.19   D    
Common Stock   9/3/2004   9/3/2004   S    9510.00   (1) D $40.06   1507.19   D    
Common Stock   9/3/2004   9/3/2004   M    14024.00   (1) A $15.14   15531.19   D    
Common Stock   9/3/2004   9/3/2004   S    1868.00   (1) D $40.06   13663.19   D    
Common Stock   9/3/2004   9/3/2004   S    5237.00   (1) D $40.05   8426.19   D    
Common Stock   9/3/2004   9/3/2004   S    1487.00   (1) D $40.04   6939.19   D    
Common Stock   9/3/2004   9/3/2004   S    325.00   (1) D $40.03   6614.19   D    
Common Stock   9/3/2004   9/3/2004   S    711.00   (1) D $40.01   5903.19   D    
Common Stock   9/3/2004   9/3/2004   S    4396.00   (1) D $40   1507.19   D    
Common Stock                  802.00   I   By Son  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy)   $23.4844   9/3/2004   9/3/2004   M        25026.00   (1)   1/21/2003   1/21/2009   Common Stock   25026.00   $23.4844   0.00   D    
Employee Stock Option (right to buy)   $15.14   9/3/2004   9/3/2004   M        14024.00   (1)   1/27/2004   1/27/2010   Common Stock   14024.00   $15.14   26266.00   D    

Explanation of Responses:
(1)  Shares exercised and sold pursuant to SEC 10b5-1 plan.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
MOORE GREGORY N
1441 GARDINER LANE
LOUISVILLE, KY 40213

Sr. VP and Controller

Signatures
Gregory N. Moore 9/7/2004
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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