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               13 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        815,729     0.06%        193,420     0.01%

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

(3) Options and agreements     749,000     0.05%      2,150,600     0.15%
to purchase/sell

Total                        1,564,729     0.11%      2,344,020     0.16%


(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                 19                      29.39
Purchase                 19                      29.5741
Purchase                 19                      29.5741
Purchase                 39                      29.46
Purchase                 100                     29.85
Purchase                 100                     29.51
Purchase                 100                     29.39
Purchase                 100                     29.27
Purchase                 100                     29.4
Purchase                 100                     29.23
Purchase                 100                     29.67
Purchase                 105                     29.23
Purchase                 126                     29.5741
Purchase                 200                     29.49
Purchase                 200                     29.445
Purchase                 200                     29.45
Purchase                 200                     29.47
Purchase                 300                     29.26
Purchase                 300                     29.7825
Purchase                 300                     29.55333333
Purchase                 300                     29.44333333
Purchase                 400                     29.2515
Purchase                 400                     29.31
Purchase                 400                     29.99
Purchase                 500                     29.45
Purchase                 500                     29.766
Purchase                 600                     29.35
Purchase                 600                     30
Purchase                 700                     29.50714286
Purchase                 700                     29.79
Purchase                 700                     29.563
Purchase                 700                     29.88431429
Purchase                 811                     29.58282367
Purchase                 816                     29.29
Purchase                 900                     29.347778
Purchase                 900                     29.56
Purchase                 900                     29.29111111
Purchase                 900                     29.25
Purchase                 1,000                   29.62699
Purchase                 1,000                   29.306
Purchase                 1,100                   29.215
Purchase                 1,100                   29.23
Purchase                 1,200                   29.79156667
Purchase                 1,200                   29.9575
Purchase                 1,300                   29.79923077
Purchase                 1,500                   29.96605467
Purchase                 1,600                   29.24125
Purchase                 1,636                   29.78352482
Purchase                 1,700                   29.36794118
Purchase                 1,800                   29.26661111
Purchase                 1,800                   29.25
Purchase                 1,900                   29.35815789
Purchase                 2,484                   29.23
Purchase                 2,525                   29.72227723
Purchase                 2,600                   29.32115385
Purchase                 2,700                   29.37407407
Purchase                 2,800                   29.29178571
Purchase                 2,900                   29.623103
Purchase                 3,200                   29.7165625
Purchase                 3,500                   29.4786
Purchase                 3,600                   29.27166667
Purchase                 3,940                   29.22119289
Purchase                 4,088                   29.83751712
Purchase                 4,200                   29.49333333
Purchase                 4,300                   29.59976744
Purchase                 4,456                   29.62420108
Purchase                 4,589                   29.66266507
Purchase                 4,600                   29.52956522
Purchase                 5,000                   29.248
Purchase                 5,185                   29.81480617
Purchase                 5,900                   29.98152542
Purchase                 6,452                   30.06154991
Purchase                 6,740                   29.2489911
Purchase                 7,900                   29.88113924
Purchase                 11,400                  29.25
Purchase                 12,100                  29.9027438
Purchase                 12,100                  29.35504132
Purchase                 13,530                  29.48335728
Purchase                 15,200                  29.60552237
Purchase                 16,400                  29.6607439
Purchase                 16,753                  29.23
Purchase                 17,600                  29.88625
Purchase                 20,400                  29.490588
Purchase                 26,083                  29.46261933
Purchase                 26,348                  29.80304312
Purchase                 26,517                  29.2902
Purchase                 29,177                  29.23915636
Purchase                 33,000                  29.25
Purchase                 45,800                  29.5
Purchase                 45,800                  29.54
Purchase                 45,800                  29.5
Purchase                 51,554                  29.65886449
Purchase                 59,112                  29.84406973
Purchase                 64,885                  29.23
Purchase                 215,400                 29.87841924
Sale                     70,825                  29.23
Sale                     49,667                  29.96608573
Sale                     48,385                  29.91105715
Sale                     47,183                  29.9624477
Sale                     45,800                  29.54
Sale                     45,800                  29.5
Sale                     33,270                  29.59638646
Sale                     25,800                  29.46899225
Sale                     25,789                  29.84632983
Sale                     21,000                  29.97374286
Sale                     20,683                  29.53764106
Sale                     20,400                  29.49058824
Sale                     18,800                  29.65414894
Sale                     18,200                  29.6218
Sale                     17,070                  29.9863
Sale                     16,100                  29.62136646
Sale                     14,500                  29.83517241
Sale                     13,530                  29.48331855
Sale                     12,800                  29.89657813
Sale                     11,800                  29.28252881
Sale                     10,950                  29.94917808
Sale                     10,600                  29.66207547
Sale                     10,000                  29.8
Sale                     9,029                   29.30373153
Sale                     8,293                   29.55791632
Sale                     8,223                   29.83769914
Sale                     8,100                   29.65419753
Sale                     7,200                   29.24345833
Sale                     6,900                   29.96405797
Sale                     6,500                   29.21953846
Sale                     6,200                   29.25967742
Sale                     6,107                   29.57229736
Sale                     6,054                   29.6656921
Sale                     5,364                   29.73781133
Sale                     5,288                   29.82708964
Sale                     5,000                   29.9352
Sale                     4,800                   29.26
Sale                     4,600                   29.83956522
Sale                     4,500                   29.59492
Sale                     4,200                   29.493333
Sale                     4,100                   29.86853659
Sale                     3,500                   29.50970571
Sale                     3,400                   29.25970588
Sale                     3,400                   29.51176471
Sale                     3,300                   29.95878788
Sale                     3,300                   29.64933333
Sale                     3,200                   29.385938
Sale                     3,100                   29.49616129
Sale                     3,100                   29.66
Sale                     3,053                   29.23
Sale                     3,000                   29.58978333
Sale                     2,900                   29.62310345
Sale                     2,700                   29.66888889
Sale                     2,500                   29.53378
Sale                     2,400                   29.301
Sale                     2,200                   29.85545455
Sale                     2,100                   29.22
Sale                     1,800                   29.66777778
Sale                     1,600                   29.2413
Sale                     1,588                   29.45885076
Sale                     1,500                   29.84
Sale                     1,400                   29.5422
Sale                     1,300                   29.25615385
Sale                     1,300                   29.64
Sale                     1,100                   29.215
Sale                     1,100                   29.23
Sale                     900                     29.64111111
Sale                     900                     29.38055556
Sale                     816                     29.29
Sale                     800                     29.3
Sale                     800                     29.622625
Sale                     800                     29.26
Sale                     800                     29.99
Sale                     700                     29.52285714
Sale                     700                     29.24985714
Sale                     600                     29.35
Sale                     600                     29.28175
Sale                     510                     29.45960784
Sale                     500                     29.25
Sale                     500                     29.24
Sale                     500                     29.334
Sale                     500                     29.766
Sale                     400                     29.5475
Sale                     400                     29.47
Sale                     400                     29.3425
Sale                     400                     29.2515
Sale                     400                     29.67
Sale                     300                     29.26
Sale                     300                     29.55333333
Sale                     300                     29.67
Sale                     300                     29.4768
Sale                     200                     29.69
Sale                     200                     29.49
Sale                     200                     29.45
Sale                     200                     29.255
Sale                     200                     29.93
Sale                     200                     29.395
Sale                     126                     29.5741
Sale                     119                     29.39
Sale                     111                     29.97
Sale                     105                     29.23
Sale                     100                     29.85
Sale                     100                     29.39
Sale                     100                     29.5
Sale                     100                     29.5
Sale                     100                     29.51
Sale                     100                     29.55
Sale                     100                     29.67
Sale                     100                     29.26
Sale                     100                     29.26
Sale                     100                     29.67
Sale                     100                     29.47
Sale                     45                      29.19
Sale                     39                      29.46
Sale                     19                      29.5741


(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      Writing,    Number    Exercise Type,     Expiry     Option
name,        selling,    of        price    e.g.      date       money
e.g. call    purchasing, securities         American,            paid/received
option       varying     to        (USD)    European             per unit
             etc.        which              etc.                 (Note 4)
                         the
                         option
                         relates
                         (Note 6)
Call Option   Purchasing 100      29       American  20/03/2010  1.329406701
Call Option   Purchasing 100      30       American  16/01/2010  0.15
Call Option   Purchasing 100      30       American  16/01/2010  0.25
Call Option   Purchasing 100      30       American  16/01/2010  0.05
Call Option   Purchasing 100      35       American  22/01/2011  0.6
Call Option   Purchasing 100      30       American  20/03/2010  0.826039112
Call Option   Purchasing 100      30       American  20/03/2010  0.85
Call Option   Purchasing 100      25       American  21/01/2012  5.7
Call Option   Purchasing 100      30       American  20/02/2010  0.65
Call Option   Purchasing 100      30       American  20/02/2010  0.65
Call Option   Purchasing 100      30       American  20/02/2010  0.65
Call Option   Purchasing 100      27       American  20/02/2010  2.506393571
Call Option   Purchasing 100      31       American  20/03/2010  0.5
Call Option   Purchasing 100      31       American  20/03/2010  0.45
Call Option   Purchasing 100      31       American  20/03/2010  0.45
Call Option   Purchasing 200      29       American  16/01/2010  0.35
Call Option   Purchasing 200      30       American  16/01/2010  0.15
Call Option   Purchasing 200      30       American  16/01/2010  0.2
Call Option   Purchasing 200      30       American  20/03/2010  0.75
Call Option   Purchasing 200      25       American  21/01/2012  5.345241698
Call Option   Purchasing 200      30       American  20/02/2010  0.7
Call Option   Purchasing 300      30       American  16/01/2010  0.25
Call Option   Purchasing 300      30       American  16/01/2010  0.25
Call Option   Purchasing 300      30       American  16/01/2010  0.2
Call Option   Purchasing 300      30       American  20/02/2010  0.75
Call Option   Purchasing 300      27       American  20/02/2010  2.8
Call Option   Purchasing 400      30       American  16/01/2010  0.05
Call Option   Purchasing 400      29       American  20/02/2010  1.05
Call Option   Purchasing 500      25       American  22/01/2011  5.2
Call Option   Purchasing 500      30       American  20/02/2010  0.7
Call Option   Purchasing 500      31       American  20/03/2010  0.455994889
Call Option   Purchasing 600      30       American  16/01/2010  0.05
Call Option   Purchasing 600      29       American  19/06/2010  1.751921262
Call Option   Purchasing 800      29       American  16/01/2010  0.3
Call Option   Purchasing 1,200    30       American  16/01/2010  0.2
Call Option   Purchasing 1,200    30       American  20/03/2010  0.95
Call Option   Purchasing 1,300    30       American  16/01/2010  0.2
Call Option   Purchasing 1,400    29       American  20/03/2010  1.329406701
Call Option   Purchasing 5,600    30       American  16/01/2010  0.2
Call Option   Purchasing 7,100    30       American  16/01/2010  0.05
Call Option   Selling    7,600    30       American  16/01/2010  0.05
Call Option   Selling    4,200    30       American  16/01/2010  0.05
Call Option   Selling    3,000    28       American  20/03/2010  2.4
Call Option   Selling    1,400    29       American  20/03/2010  1.329406701
Call Option   Selling    1,400    28       American  20/03/2010  2.5
Call Option   Selling    900      29       American  20/03/2010  1.65
Call Option   Selling    900      29       American  20/03/2010  1.6
Call Option   Selling    700      26       American  20/03/2010  3.9
Call Option   Selling    600      29       American  16/01/2010  0.32
Call Option   Selling    600      29       American  19/06/2010  1.751921262
Call Option   Selling    500      31       American  20/03/2010  0.455994889
Call Option   Selling    400      35       American  22/01/2011  0.5
Call Option   Selling    300      27.5     American  16/01/2010  1.87
Call Option   Selling    300      29       American  19/06/2010  1.9
Call Option   Selling    200      25       American  21/01/2012  5.345241698
Call Option   Selling    200      27       American  20/02/2010  2.75
Call Option   Selling    200      27       American  20/02/2010  2.5
Call Option   Selling    100      29       American  20/03/2010  1.65
Call Option   Selling    100      30       American  20/03/2010  0.826039112
Call Option   Selling    100      26       American  20/03/2010  3.9
Call Option   Selling    100      29       American  19/06/2010  1.75
Call Option   Selling    100      27       American  20/02/2010  2.506393571
Call Option   Selling    100      27       American  20/02/2010  2.75
Put Option    Purchasing 100      30       American  20/02/2010  0.95
Put Option    Purchasing 100      30       American  20/02/2010  1.3
Put Option    Purchasing 100      30       American  20/03/2010  1.537194861
Put Option    Purchasing 100      30       American  20/03/2010  1.35
Put Option    Purchasing 100      29       American  20/02/2010  0.75
Put Option    Purchasing 100      29       American  20/02/2010  0.75
Put Option    Purchasing 100      25       American  22/01/2011  1.244531661
Put Option    Purchasing 300      30       American  20/03/2010  1.35
Put Option    Purchasing 500      30       American  22/01/2011  3.408871081
Put Option    Selling    2,700    22.5     American  22/01/2011  0.7
Put Option    Selling    2,400    25       American  21/01/2012  2.35
Put Option    Selling    2,300    27       American  20/03/2010  0.3
Put Option    Selling    1,800    22.5     American  22/01/2011  0.7
Put Option    Selling    1,800    25       American  22/01/2011  1.25
Put Option    Selling    1,600    22.5     American  22/01/2011  0.7
Put Option    Selling    1,500    22.5     American  22/01/2011  0.7
Put Option    Selling    1,300    25       American  22/01/2011  1.3
Put Option    Selling    1,200    22.5     American  22/01/2011  0.75
Put Option    Selling    1,100    25       American  22/01/2011  1.25
Put Option    Selling    1,000    25       American  22/01/2011  1.25
Put Option    Selling    800      25       American  22/01/2011  1.25
Put Option    Selling    800      25       American  22/01/2011  1.25
Put Option    Selling    800      25       American  22/01/2011  1.25
Put Option    Selling    700      25       American  22/01/2011  1.25
Put Option    Selling    700      25       American  22/01/2011  1.25
Put Option    Selling    700      25       American  22/01/2011  1.25
Put Option    Selling    600      25       American  20/03/2010  0.13
Put Option    Selling    600      25       American  22/01/2011  1.25
Put Option    Selling    600      25       American  22/01/2011  1.25
Put Option    Selling    500      30       American  22/01/2011  3.408871081
Put Option    Selling    500      25       American  22/01/2011  1.25
Put Option    Selling    200      30       American  22/01/2011  3.5
Put Option    Selling    100      30       American  20/03/2010  1.537194861
Put Option    Selling    100      30       American  22/01/2011  3.5
Put Option    Selling    100      25       American  22/01/2011  1.244531661


(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                         14 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    Number of     Exercise  Type,      Expiry date
name,        or         securities    price     e.g.
e.g. call    purchased  to which      (Note 2)  American,
option                  the option    (USD)     European
                        or                      etc.
                        derivative
                        relates
Call Option  Purchased  2,900         31        American   20/02/2010
Call Option  Purchased  10,500        31        American   20/03/2010
Call Option  Purchased  3,000         31        American   19/06/2010
Call Option  Purchased  5,500         45        American   16/01/2010
Call Option  Purchased  11,800        22.5      American   16/01/2010
Call Option  Purchased  12,700        32.5      American   16/01/2010
Call Option  Sold       2,100         15        American   22/01/2011
Call Option  Sold       100           25        American   16/01/2010
Call Option  Sold       73,700        25        American   22/01/2011
Call Option  Sold       11,800        25        American   21/01/2012
Call Option  Sold       50,400        26        American   20/02/2010
Call Option  Sold       26,900        26        American   19/06/2010
Call Option  Sold       800           27        American   19/06/2010
Call Option  Sold       4,200         28        American   20/02/2010
Call Option  Sold       41,700        28        American   20/03/2010
Call Option  Sold       296,300       29        American   16/01/2010
Call Option  Sold       410,100       29        American   20/03/2010
Call Option  Sold       102,500       30        American   16/01/2010
Call Option  Sold       10,300        30        American   20/02/2010
Call Option  Sold       15,200        30        American   20/03/2010
Call Option  Sold       39,700        30        American   22/01/2011
Call Option  Sold       200           31        American   16/01/2010
Call Option  Sold       500           32        American   20/03/2010
Call Option  Sold       600           33        American   20/03/2010
Call Option  Sold       10,100        35        American   16/01/2010
Call Option  Sold       1,800         35        American   19/06/2010
Call Option  Sold       28,900        35        American   22/01/2011
Call Option  Sold       1,800         35        American   21/01/2012
Call Option  Sold       10,400        40        American   16/01/2010
Call Option  Sold       3,800         40        American   22/01/2011
Call Option  Sold       1,500         45        American   22/01/2011
Call Option  Sold       8,300         50        American   22/01/2011
Call Option  Sold       100           17.5      American   22/01/2011
Call Option  Sold       9,500         22.5      American   22/01/2011
Call Option  Sold       159,700       27.5      American   16/01/2010
Call Option  Sold       1,200         37.5      American   16/01/2010
Put Option   Sold       100           10        American   22/01/2011
Put Option   Sold       200           20        American   19/06/2010
Put Option   Sold       1,600         20        American   21/01/2012
Put Option   Sold       14,600        24        American   16/01/2010
Put Option   Sold       148,600       25        American   16/01/2010
Put Option   Sold       2,400         25        American   21/01/2012
Put Option   Sold       500           26        American   16/01/2010
Put Option   Sold       7,100         26        American   19/06/2010
Put Option   Sold       79,500        27        American   20/02/2010
Put Option   Sold       2,300         27        American   20/03/2010
Put Option   Sold       1,000         27        American   19/06/2010
Put Option   Sold       14,000        28        American   20/02/2010
Put Option   Sold       7,100         28        American   20/03/2010
Put Option   Sold       8,200         28        American   19/06/2010
Put Option   Sold       13,700        29        American   20/02/2010
Put Option   Sold       3,600         29        American   20/03/2010
Put Option   Sold       260,200       30        American   20/02/2010
Put Option   Sold       173,100       30        American   20/03/2010
Put Option   Sold       8,800         31        American   20/03/2010
Put Option   Sold       1,500         32        American   20/03/2010
Put Option   Sold       2,700         33        American   20/03/2010
Put Option   Sold       200           35        American   20/03/2010
Put Option   Sold       1,800         35        American   21/01/2012
Put Option   Sold       800           12.5      American   16/01/2010
Put Option   Sold       200           12.5      American   22/01/2011
Put Option   Sold       47,200        22.5      American   16/01/2010
Put Option   Sold       25,400        22.5      American   22/01/2011

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