EPT Disclosure KRAFT FOODS INC

FORM 38.5(b)

                 DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS
            WITHOUT RECOGNISED INTERMEDIARY STATUS, OR WITH RI STATUS
                  BUT NOT DEALING IN A CLIENT-SERVING CAPACITY
                       (Rule 38.5(b) of the Takeover Code)


1.   KEY INFORMATION

Name of exempt principal      Barclays Capital Inc
trader
Company dealt in              Kraft Foods Inc
Class of relevant security    A Common
to which the dealings being
disclosed relate (Note 1)
Date of dealing               06 January 2010


2.   INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)  Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 2)

                                        Long                  Short

                                  Number                Number
                                             (%)                     (%)
(1) Relevant securities          598,545    0.04%      434,480     0.03%

(2)  Derivatives (other  than          0    0.00%            0     0.00%
options)

(3) Options and agreements       826,300    0.06%    1,428,700     0.10%
to purchase/sell

Total                          1,424,845    0.10%    1,863,180     0.13%


(b)  Interests and short positions in relevant securities of the company, other
     than the class dealt in (Note 2)

Class of relevant security:           Long                  Short

                              Number                Number
                              (%)                   (%)
(1) Relevant securities

(2)  Derivatives (other  than
options)

(3) Options and agreements
to purchase/sell

Total


  (c)  Rights to subscribe (Note 2)

Class of relevant security:   Details



3.   DEALINGS (Note 3)

(a)  Purchases and sales

Purchase/sale            Number of securities    Price per unit (Note 4)
                                                 (USD)
Purchase                 500                     28.957
Purchase                 1,200                   28.95
Purchase                 3,600                   28.95219444
Purchase                 100                     28.8896
Purchase                 2,200                   28.97
Purchase                 359                     28.7564
Purchase                 2,718                   28.7564
Purchase                 300                     28.7153
Purchase                 1,191                   28.96
Purchase                 600                     28.97
Purchase                 24,400                  28.97
Purchase                 2,730                   28.90705238
Purchase                 8,400                   28.7902381
Purchase                 7,800                   28.77399872
Purchase                 5,900                   28.90372881
Purchase                 1,700                   28.83941176
Purchase                 28,600                  28.92513986
Purchase                 21,681                  28.85189429
Purchase                 10,200                  28.85715686
Purchase                 25,413                  28.86538976
Purchase                 38,469                  28.86958174
Purchase                 43,805                  28.86987216
Purchase                 6                       28.97
Purchase                 13,500                  28.25
Purchase                 100                     28.25
Purchase                 500                     28.25
Purchase                 5,000                   28.25
Purchase                 200                     28.25
Purchase                 200                     28.25
Purchase                 100                     28.25
Purchase                 100                     28.25
Purchase                 300                     28.25
Purchase                 500                     28.45
Purchase                 300                     28.17
Purchase                 10                      28.21
Purchase                 1,530                   28.33081699
Purchase                 2,700                   28.35185185
Purchase                 14,000                  28.97
Purchase                 10,000                  28.9609
Purchase                 26,780                  28.9084
Purchase                 25,000                  28.8035
Purchase                 6,101                   28.97
Purchase                 3,500                   28.512
Purchase                 18,300                  28.78127432
Purchase                 5,400                   28.761111
Purchase                 14,300                  28.360769
Purchase                 300                     28.7153
Purchase                 20,000                  28.25
Purchase                 1,300                   28.91538462
Purchase                 100                     28.57
Purchase                 600                     28.98666667
Purchase                 5,000                   28.5
Purchase                 2,500                   28.9732
Purchase                 5,000                   28.586788
Purchase                 302,302                 28.30750242
Purchase                 1,000                   28.412
Purchase                 15,000                  28.67
Purchase                 2,200                   28.97
Purchase                 24,400                  28.97
Purchase                 1,177                   28.91948173
Purchase                 1,300                   28.81230769
Purchase                 500                     28.424
Purchase                 100                     28.55
Purchase                 1,100                   28.64272727
Purchase                 5,500                   28.68269091
Purchase                 1,400                   28.61428571
Purchase                 400                     28.805
Purchase                 100                     28.335
Purchase                 400                     28.48
Purchase                 1,000                   28.824
Purchase                 3,870                   28.30615969
Purchase                 175                     28.7
Purchase                 9,500                   28.67109684
Purchase                 4,300                   28.9777
Purchase                 1,200                   28.78666667
Purchase                 6,500                   28.58009231
Purchase                 15,200                  28.34501316
Purchase                 100                     28.14
Purchase                 1,800                   28.54166667
Purchase                 70,500                  28.88450496
Purchase                 1,500                   28.94566667
Purchase                 500                     28.56
Purchase                 61,800                  28.90669903
Purchase                 10,600                  28.83966792
Purchase                 2,500                   28.9588
Sale                     5,400                   28.95099259
Sale                     1,130                   28.94
Sale                     500                     28.9181
Sale                     300                     28.96
Sale                     500                     28.96
Sale                     600                     28.97
Sale                     391                     28.92163683
Sale                     1,100                   28.88190909
Sale                     300                     28.7153
Sale                     359                     28.7564
Sale                     24,400                  28.97
Sale                     2,200                   28.97
Sale                     2,718                   28.7564
Sale                     11,600                  28.95086207
Sale                     12,500                  28.94704
Sale                     2,570                   28.64669261
Sale                     44,836                  28.96795075
Sale                     2,100                   28.95504762
Sale                     200                     28.92
Sale                     19,700                  28.59893401
Sale                     23,797                  28.9648254
Sale                     36,948                  28.96032776
Sale                     20,419                  28.9488545
Sale                     20,000                  28.25
Sale                     5,500                   28.80018182
Sale                     41,841                  28.8136947
Sale                     137,639                 28.78835693
Sale                     400                     28.97
Sale                     2,100                   28.84852381
Sale                     800                     28.76875
Sale                     17,000                  28.79911765
Sale                     14,000                  28.97
Sale                     800                     28.96625
Sale                     800                     28.96
Sale                     8,000                   28.96
Sale                     1,100                   28.84272727
Sale                     5,800                   28.79689655
Sale                     800                     28.7137
Sale                     3,110                   28.1794
Sale                     1,130                   28.5356
Sale                     14,300                  28.36076923
Sale                     5,400                   28.76111111
Sale                     18,300                  28.78124481
Sale                     3,500                   28.512
Sale                     6,101                   28.97
Sale                     200                     28.96
Sale                     100                     28.98
Sale                     10,000                  28.25
Sale                     10,000                  28.25
Sale                     1,300                   28.91538462
Sale                     200                     28.93
Sale                     13,600                  28.66335588
Sale                     112,885                 28.29253887
Sale                     46,924                  28.32827317
Sale                     3,800                   28.30105263
Sale                     1,200                   28.7025
Sale                     103,185                 28.33223191
Sale                     800                     28.21
Sale                     4,900                   28.28061224
Sale                     12,400                  28.27652419
Sale                     22,908                  28.28703248
Sale                     13,000                  28.64
Sale                     200                     28.98
Sale                     22,200                  28.97
Sale                     2,200                   28.97
Sale                     2,200                   28.97
Sale                     2,718                   28.7564
Sale                     359                     28.7564
Sale                     4,600                   28.95619565
Sale                     4,300                   28.97767442
Sale                     500                     28.94
Sale                     100                     28.335
Sale                     600                     28.36666667
Sale                     500                     28.558
Sale                     200                     28.34
Sale                     400                     28.48
Sale                     3,100                   28.30322581
Sale                     1,100                   28.64272727
Sale                     700                     28.14
Sale                     175                     28.7
Sale                     2,100                   28.28333333
Sale                     1,070                   28.45966168
Sale                     8,300                   28.69405542
Sale                     400                     29.12
Sale                     2,100                   28.92809524
Sale                     400                     28.99
Sale                     100                     29.01
Sale                     3,500                   28.82057143
Sale                     61,800                  28.90669903
Sale                     3,200                   28.58446875
Sale                     1,900                   28.8
Sale                     3,200                   28.56228125
Sale                     4,000                   28.855
Sale                     600                     28.96233333
Sale                     200                     28.575
Sale                     72,000                  28.88577917
Sale                     15,200                  28.34501316
Sale                     2,400                   28.528775
Sale                     1,200                   28.786667


(b)  Derivatives transactions (other than options)

Product       Long/short       Number of securities   Price per unit
name,         (Note 5)         (Note 6)               (Note 4)
e.g. CFD




(c)  Options transactions in respect of existing securities

(i)  Writing, selling, purchasing or varying

Product name, Writing,    Number of  Exercise Type,    Expiry     Option
e.g. call     selling,    securities price    e.g.     date       money
option        purchasing  to                  American            paid/received
              , varying   which the  (USD)    European            per unit
              etc.        option              etc.                (Note 4)
                          relates
                          (Note 6)
Call Option   Purchase    200        29     American   16/01/2010  0.3
Call Option   Purchase    100        27.5   American   16/01/2010  1.45
Call Option   Purchase    100        30     American   22/01/2011  1.65
Call Option   Purchase    100        30     American   22/01/2011  1.65
Call Option   Purchase    100        30     American   22/01/2011  1.65
Call Option   Purchase    1,000      29     American   20/03/2010  1
Call Option   Purchase    300        28     American   20/03/2010  1.3
Call Option   Purchase    1,500      28     American   20/03/2010  1.6
Call Option   Purchase    1,100      28     American   20/03/2010  1.6
Call Option   Purchase    100        22.5   American   16/01/2010  6.4
Call Option   Purchase    100        22.5   American   16/01/2010  6.4
Call Option   Purchase    500        20     American   21/01/2012  9
Call Option   Purchase    300        20     American   21/01/2012  9
Call Option   Purchase    700        30     American   20/02/2010  0.35
Call Option   Purchase    100        30     American   20/02/2010  0.4
Call Option   Purchase    900        30     American   20/02/2010  0.4
Call Option   Purchase    100        31     American   19/06/2010  0.6
Call Option   Purchase    100        29     American   20/02/2010  0.65
Call Option   Purchase    100        30     American   19/06/2010  1
Call Option   Purchase    100        31     American   20/03/2010  0.25
Call Option   Purchase    300        31     American   20/03/2010  0.25
Call Option   Purchase    100        31     American   20/03/2010  0.25
Call Option   Purchase    500        31     American   20/03/2010  0.25
Call Option   Purchase    100        31     American   20/03/2010  0.25
Call Option   Purchase    1,800      27     American   20/02/2010  2.15
Call Option   Purchase    300        27     American   20/02/2010  2.1
Call Option   Sale        2,200      29     American   16/01/2010  0.2
Call Option   Sale        1,900      29     American   16/01/2010  0.2
Call Option   Sale        6,400      29     American   16/01/2010  0.2
Call Option   Sale        84,100     29     American   16/01/2010  0.35
Call Option   Sale        29,000     29     American   16/01/2010  0.35
Call Option   Sale        300        29     American   16/01/2010  0.35
Call Option   Sale        100        29     American   16/01/2010  0.35
Call Option   Sale        100        29     American   16/01/2010  0.35
Call Option   Sale        1,200      30     American   16/01/2010  0.05
Call Option   Sale        1,000      30     American   16/01/2010  0.05
Call Option   Sale        300        30     American   16/01/2010  0.05
Call Option   Sale        2,500      30     American   16/01/2010  0.05
Call Option   Sale        15,500     25     American   22/01/2011  4.5
Call Option   Sale        12,600     25     American   22/01/2011  4.5
Call Option   Sale        300        25     American   22/01/2011  4.5
Call Option   Sale        7,400      25     American   22/01/2011  4.5
Call Option   Sale        300        27.5   American   16/01/2010  0.9
Call Option   Sale        3,700      27.5   American   16/01/2010  1.35
Call Option   Sale        100        27.5   American   16/01/2010  1.35
Call Option   Sale        3,700      27.5   American   16/01/2010  1.35
Call Option   Sale        4,000      27.5   American   16/01/2010  1.35
Call Option   Sale        200        27.5   American   16/01/2010  1.65
Call Option   Sale        200        27.5   American   16/01/2010  1.6
Call Option   Sale        10,000     27.5   American   16/01/2010  1.65
Call Option   Sale        200        27.5   American   16/01/2010  1.67
Call Option   Sale        100        27.5   American   16/01/2010  1.6
Call Option   Sale        100        27.5   American   16/01/2010  1.5
Call Option   Sale        100        27.5   American   16/01/2010  1.4
Call Option   Sale        100        27.5   American   16/01/2010  1.4
Call Option   Sale        2,900      27.5   American   16/01/2010  1.5
Call Option   Sale        100        27.5   American   16/01/2010  1.35
Call Option   Sale        2,500      27.5   American   16/01/2010  1.4
Call Option   Sale        16,000     26     American   20/02/2010  2.95
Call Option   Sale        34,700     26     American   20/02/2010  2.95
Call Option   Sale        15,900     26     American   19/06/2010  3.3
Call Option   Sale        500        25     American   21/01/2012  5.3
Call Option   Sale        6,800      28     American   20/02/2010  0.95
Call Option   Sale        400        35     American   21/01/2012  1.2
Call Option   Sale        100        35     American   21/01/2012  1.2
Call Option   Sale        400        29     American   19/06/2010  1.5
Call Option   Sale        3,500      28     American   19/06/2010  1.8
Call Option   Sale        100        27     American   20/03/2010  2.35
Put Option    Purchase    100        30     American   20/03/2010  1.55
Put Option    Purchase    100        20     American   21/01/2012  1
Put Option    Purchase    100        20     American   21/01/2012  1
Put Option    Purchase    4,100      32     American   20/03/2010  3.3
Put Option    Purchase    6,000      31     American   20/02/2010  2.3
Put Option    Purchase    4,600      31     American   20/02/2010  2.3
Put Option    Purchase    100        31     American   20/02/2010  2.3
Put Option    Purchase    5,400      31     American   20/02/2010  2.3
Put Option    Purchase    4,300      31     American   20/02/2010  2.3
Put Option    Purchase    7,400      31     American   20/02/2010  2.3
Put Option    Sale        146,400    30     American   20/02/2010  1.4
Put Option    Sale        104,000    30     American   20/02/2010  1.4
Put Option    Sale        100        30     American   20/02/2010  1.45
Put Option    Sale        600        30     American   20/02/2010  1.45
Put Option    Sale        2,100      27     American   20/02/2010  0.2
Put Option    Sale        7,800      27     American   20/02/2010  0.2
Put Option    Sale        7,600      27     American   20/02/2010  0.2
Put Option    Sale        8,700      27     American   20/02/2010  0.2
Put Option    Sale        13,200     28     American   20/02/2010  0.45
Put Option    Sale        2,000      22.5   American   22/01/2011  0.7
Put Option    Sale        1,300      22.5   American   22/01/2011  0.7
Put Option    Sale        300        22.5   American   22/01/2011  0.7
Put Option    Sale        200        30     American   16/01/2010  1.1
Put Option    Sale        200        27     American   20/03/2010  0.5
Put Option    Sale        100        27     American   20/03/2010  0.5
Put Option    Sale        2,200      29     American   16/01/2010  0.45
Put Option    Sale        45,100     27.5   American   16/01/2010  0.15
Put Option    Sale        200        25     American   22/01/2011  1.3


(ii) Exercising

Product name, e.g. call  Number of securities    Exercise price per unit
option                                           (Note 4)



(d)  Other dealings (including new securities) (Note 3)


Nature of transaction    Details                 Price per unit (if
(Note 7)                                         applicable) (Note 4)




4.   OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives


Full details of any agreement, arrangement or understanding between the
person disclosing and any other person relating to the voting rights of
any relevant securities under any option referred to on this form or
relating to the voting rights or future acquisition or disposal of any
relevant securities to which any derivative referred to on this form is
referenced.  If none, this should be stated.





Is a Supplemental Form 38.5(b) attached? (Note 8)                YES


Date of disclosure                         07 January 2010
Contact name                               Geoff Smith
Telephone number                           020 7116 2913
Name of offeree/offeror with which         Kraft Foods Inc
connected
Nature of connection (Note 9)              Advisor


SUPPLEMENTAL FORM 38.5(b)


                            DETAILS OF OPEN POSITIONS
                 (This form should be attached to Form 38.5(b))



OPEN POSITIONS (Note 1)

Product      Written or   Number of   Exercise  Type, e.g.  Expiry date
name,        purchased    securities  price     American,
e.g. call                 to which    (Note 2)  European
option                    the option  (USD)     etc.
                          or
                          derivative
                          relates
Call Option  Purchased    2,200       20        American    22-Jan-11
Call Option  Purchased    800         20        American    21-Jan-12
Call Option  Purchased    200         23        American    19-Jun-10
Call Option  Purchased    100         24        American    19-Jun-10
Call Option  Purchased    31,800      25        American    16-Jan-10
Call Option  Purchased    300         25        American    20-Mar-10
Call Option  Purchased    100         26        American    16-Jan-10
Call Option  Purchased    1,800       26        American    20-Mar-10
Call Option  Purchased    9,200       27        American    20-Feb-10
Call Option  Purchased    76,100      27        American    20-Mar-10
Call Option  Purchased    1,800       27        American    19-Jun-10
Call Option  Purchased    6,000       28        American    19-Jun-10
Call Option  Purchased    44,000      29        American    16-Jan-10
Call Option  Purchased    2,700       29        American    20-Feb-10
Call Option  Purchased    3,500       29        American    19-Jun-10
Call Option  Purchased    2,000       30        American    20-Feb-10
Call Option  Purchased    10,400      30        American    20-Mar-10
Call Option  Purchased    7,100       30        American    19-Jun-10
Call Option  Purchased    9,800       30        American    21-Jan-12
Call Option  Purchased    8,400       31        American    20-Mar-10
Call Option  Purchased    2,600       31        American    19-Jun-10
Call Option  Purchased    1,600       35        American    21-Jan-12
Call Option  Purchased    5,500       45        American    16-Jan-10
Call Option  Purchased    11,800      22.5      American    16-Jan-10
Call Option  Purchased    12,700      32.5      American    16-Jan-10
Call Option  Purchased    3,100       15        American    16-Jan-10
Call Option  Purchased    8,700       15        American    22-Jan-11
Call Option  Purchased    27,400      20        American    16-Jan-10
Call Option  Purchased    9,600       20        American    22-Jan-11
Call Option  Purchased    1,200       21        American    20-Mar-10
Call Option  Purchased    33,500      23        American    20-Mar-10
Call Option  Purchased    700         23        American    19-Jun-10
Call Option  Purchased    3,000       24        American    20-Mar-10
Call Option  Purchased    1,600       24        American    19-Jun-10
Call Option  Purchased    23,200      25        American    16-Jan-10
Call Option  Purchased    13,900      25        American    20-Mar-10
Call Option  Purchased    3,800       25        American    19-Jun-10
Call Option  Purchased    167,900     25        American    22-Jan-11
Call Option  Purchased    44,000      26        American    16-Jan-10
Call Option  Purchased    72,300      26        American    20-Mar-10
Call Option  Purchased    3,200       27        American    20-Mar-10
Call Option  Purchased    2,800       27        American    19-Jun-10
Call Option  Purchased    700         28        American    19-Jun-10
Call Option  Purchased    10,000      29        American    16-Jan-10
Call Option  Purchased    3,500       29        American    19-Jun-10
Call Option  Purchased    2,300       30        American    16-Jan-10
Call Option  Purchased    4,900       30        American    19-Jun-10
Call Option  Purchased    27,800      30        American    22-Jan-11
Call Option  Purchased    500         30        American    21-Jan-12
Call Option  Purchased    27,800      31        American    20-Feb-10
Call Option  Purchased    7,400       35        American    16-Jan-10
Put Option   Purchased    6,800       35        American    22-Jan-11
Put Option   Purchased    5,500       40        American    22-Jan-11
Put Option   Purchased    100         50        American    22-Jan-11
Put Option   Purchased    700         17.5      American    16-Jan-10
Put Option   Purchased    500         17.5      American    22-Jan-11
Put Option   Purchased    52,600      27.5      American    16-Jan-10
Put Option   Purchased    2,800       32.5      American    16-Jan-10
Put Option   Sold         2,100       15        American    22-Jan-11
Put Option   Sold         100         25        American    16-Jan-10
Put Option   Sold         300         25        American    19-Jun-10
Put Option   Sold         78,000      25        American    22-Jan-11
Put Option   Sold         10,400      25        American    21-Jan-12
Put Option   Sold         50,400      26        American    20-Feb-10
Put Option   Sold         26,400      26        American    19-Jun-10
Put Option   Sold         4,400       28        American    20-Feb-10
Put Option   Sold         37,400      28        American    20-Mar-10
Put Option   Sold         225,000     29        American    16-Jan-10
Put Option   Sold         45,000      29        American    20-Mar-10
Put Option   Sold         101,600     30        American    16-Jan-10
Put Option   Sold         45,500      30        American    22-Jan-11
Put Option   Sold         200         31        American    16-Jan-10
Put Option   Sold         500         32        American    20-Mar-10
Put Option   Sold         600         33        American    20-Mar-10
Put Option   Sold         10,100      35        American    16-Jan-10
Put Option   Sold         28,800      35        American    22-Jan-11
Put Option   Sold         10,400      40        American    16-Jan-10
Put Option   Sold         3,800       40        American    22-Jan-11
Put Option   Sold         1,500       45        American    22-Jan-11
Put Option   Sold         8,300       50        American    22-Jan-11
Put Option   Sold         100         17.5      American    22-Jan-11
Put Option   Sold         9,500       22.5      American    22-Jan-11
Put Option   Sold         159,500     27.5      American    16-Jan-10
Put Option   Sold         1,200       37.5      American    16-Jan-10
Put Option   Sold         100         10        American    22-Jan-11
Put Option   Sold         200         20        American    19-Jun-10
Put Option   Sold         1,600       20        American    21-Jan-12
Put Option   Sold         14,600      24        American    16-Jan-10
Put Option   Sold         148,600     25        American    16-Jan-10
Put Option   Sold         500         26        American    16-Jan-10
Put Option   Sold         7,100       26        American    19-Jun-10
Put Option   Sold         26,900      27        American    20-Feb-10
Put Option   Sold         14,000      28        American    20-Feb-10
Put Option   Sold         7,100       28        American    20-Mar-10
Put Option   Sold         3,800       29        American    20-Mar-10
Put Option   Sold         251,100     30        American    20-Feb-10
Put Option   Sold         15,000      30        American    20-Mar-10
Put Option   Sold         8,800       31        American    20-Mar-10
Put Option   Sold         1,500       32        American    20-Mar-10
Put Option   Sold         2,700       33        American    20-Mar-10
Put Option   Sold         200         35        American    20-Mar-10
Put Option   Sold         1,800       35        American    21-Jan-12
Put Option   Sold         800         12.5      American    16-Jan-10
Put Option   Sold         200         12.5      American    22-Jan-11
Put Option   Sold         47,200      22.5      American    16-Jan-10
Put Option   Sold         13,800      22.5      American    22-Jan-11

Notes

1. Where there are open option positions or open derivative positions (except
 for CFDs), full details should be given.  Full details of any existing
 agreements to purchase or to sell should also be given on this form.

2. For all prices and other monetary amounts, the currency must be stated.

For details of the Code's dealing disclosure requirements, see Rules 8 and 38.5
and their Notes which can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk