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               27 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        583,775     0.04%        201,683       0.01%

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

(3) Options and agreements     706,100     0.05%      1,833,000       0.12%
to purchase/sell

Total                        1,289,875     0.09%      2,034,683       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)
Sale                     3,600                   28.3501
Sale                     13,603                  28.35
Sale                     200                     28.38
Sale                     500                     28.406
Sale                     800                     28.37875
Sale                     400                     28.392575
Sale                     100                     28.35
Sale                     11,071                  28.36001445
Sale                     3,642                   28.42297639
Sale                     3,300                   28.38121212
Sale                     1,758                   28.41042093
Sale                     4,700                   28.39104255
Sale                     500                     28.404
Sale                     85,095                  27.9678
Sale                     500                     28.2
Sale                     1,000                   27.904
Sale                     3,900                   28.40615385
Sale                     100                     28.32
Sale                     29                      28.37
Sale                     3,980                   28.34272462
Sale                     75                      28.3
Sale                     800                     28.27
Sale                     2,300                   28.27821739
Sale                     600                     28.37166667
Sale                     10,000                  28.36702
Sale                     200                     28.27
Sale                     4,600                   28.3873913
Sale                     500                     28.27
Sale                     9,900                   28.27268788
Sale                     1,300                   28.42
Sale                     200                     28.27
Sale                     1,100                   28.27
Sale                     3,600                   28.35258333
Sale                     33,625                  28.29082558
Sale                     6,375                   28.27596078
Sale                     700                     28.36
Sale                     52,123                  28.3795
Sale                     619,340                 28.16412269
Sale                     7,900                   28.348
Sale                     4,500                   28.27144444
Sale                     400                     28.4
Sale                     1,300                   28.15076923
Sale                     1,500                   28.3816
Sale                     200                     28.23
Sale                     700                     28.42
Sale                     100                     27.879
Sale                     4,300                   28.35244186
Sale                     5,100                   27.96280392
Sale                     200                     27.871
Sale                     32,800                  28.11435976
Sale                     3,300                   27.95366667
Sale                     2,600                   28.24188462
Sale                     5,600                   28.27946429
Sale                     12,100                  28.39677686
Sale                     1,000                   28.3005
Sale                     300                     28.37333333
Sale                     1,600                   28.145
Sale                     1,600                   28.290625
Sale                     2,300                   28.2826087
Sale                     1,200                   28.27166667
Sale                     1,600                   28.276875
Sale                     1,400                   28.29142857
Sale                     2,900                   27.90206207
Sale                     48,467                  28.0985451
Sale                     1,200                   28.208333
Sale                     200                     28.41
Sale                     300                     28.35666667
Sale                     1,700                   28.38876471
Sale                     100                     28.39
Sale                     200                     27.901
Sale                     600                     28.2
Sale                     1,500                   28.334
Sale                     1,700                   28.30235294
Sale                     1,700                   28.304706
Sale                     257,142                 28.18943331
Sale                     189,941                 28.19649612
Sale                     600                     28.26833333
Sale                     300                     28.42
Sale                     5,800                   28.28913793
Sale                     1,300                   28.35538462
Sale                     1,100                   28.25181818
Sale                     700                     28.18571429
Sale                     42,300                  28.29458865
Sale                     1,500                   28.41
Sale                     100                     28.32
Sale                     600                     28.11666667
Sale                     1,400                   28.38142857
Sale                     300                     28.17966667
Sale                     1,000                   28.007
Sale                     1,000                   28.12994
Sale                     200                     28.429
Sale                     2,100                   28.35080952
Sale                     16,700                  28.06220359
Sale                     300                     28.1
Sale                     300                     28.24
Sale                     400                     28.429
Sale                     2,400                   28.36633333
Sale                     1,000                   28.059
Sale                     100                     27.91
Sale                     200                     28.41
Sale                     22,100                  28.37891403
Sale                     1,500                   28.41
Sale                     237                     27.97088608
Sale                     200                     28.42
Sale                     3,600                   28.40586236
Sale                     300                     28.42
Sale                     96                      27.91
Sale                     3,000                   28.30106333
Sale                     12,562                  27.8992748
Purchase                 576                     27.5226
Purchase                 3,600                   28.3501
Purchase                 2,500                   28.0696
Purchase                 43,100                  28.10748956
Purchase                 11,800                  28.37855932
Purchase                 2,733                   28.39723015
Purchase                 16,000                  28.3990625
Purchase                 3,667                   28.36827107
Purchase                 6,200                   27.97693548
Purchase                 1,400                   27.90785714
Purchase                 21,600                  27.99032407
Purchase                 5,495                   27.94922657
Purchase                 1,900                   27.98
Purchase                 254,175                 28.19224408
Purchase                 35,800                  28.39878212
Purchase                 6,850                   27.94087591
Purchase                 10,000                  28.3891
Purchase                 3,900                   28.40615385
Purchase                 17,448                  28.29361417
Purchase                 3,600                   28.28575
Purchase                 26,450                  27.96591682
Purchase                 15,200                  27.95822368
Purchase                 500                     28.2
Purchase                 1,000                   27.904
Purchase                 75                      28.3
Purchase                 100                     28.32
Purchase                 5,800                   28.295
Purchase                 677                     28.26636632
Purchase                 6,375                   28.27596078
Purchase                 2,900                   28.28862069
Purchase                 3,900                   28.29512821
Purchase                 25,000                  28.35754
Purchase                 15,000                  28.273
Purchase                 180                     28.12
Purchase                 29,200                  28.1550274
Purchase                 42,369                  28.16647974
Purchase                 46,755                  28.17698941
Purchase                 89,562                  28.17609946
Purchase                 108,770                 28.18937531
Purchase                 52,790                  28.20353249
Purchase                 13,603                  28.35
Purchase                 2,242                   28.35
Purchase                 37                      28.3
Purchase                 9,862                   27.91539546
Purchase                 27,400                  28.38437591
Purchase                 42,300                  28.2946
Purchase                 300                     28.31
Purchase                 1,400                   28.30357143
Purchase                 5,700                   28.3595614
Purchase                 100                     28.32
Purchase                 1,200                   28.3
Purchase                 5,200                   27.96119231
Purchase                 2,500                   27.94564
Purchase                 500                     28.308
Purchase                 31,446                  28.00683012
Purchase                 8,721                   28.35
Purchase                 1,200                   28.20833333
Purchase                 8,300                   28.18192771
Purchase                 2,900                   27.90206897
Purchase                 1,600                   28.2768625
Purchase                 1,600                   28.145
Purchase                 19,500                  28.284744
Purchase                 600                     28.396667
Purchase                 3,600                   28.3501
Purchase                 200                     27.901
Purchase                 600                     28.2
Purchase                 800                     27.97875
Purchase                 3,100                   28.23509677
Purchase                 35,800                  28.13143966
Purchase                 1,700                   28.209412
Purchase                 12,100                  28.3968
Purchase                 2,200                   28.36227273
Purchase                 2,900                   27.93517241
Purchase                 17,000                  28.0629
Purchase                 7,900                   28.34797468
Purchase                 4,100                   28.19577561
Purchase                 3,000                   28.3578
Purchase                 446,964                 28.19339954
Purchase                 2,400                   28.186875
Purchase                 1,800                   28.39611111
Purchase                 700                     28.18571429
Purchase                 1,000                   27.91013
Purchase                 1,100                   28.25181818
Purchase                 300                     28.2
Purchase                 600                     28.429
Purchase                 200                     28.411
Purchase                 2,800                   28.42002143
Purchase                 200                     28.015
Purchase                 200                     28.13
Purchase                 200                     27.9
Purchase                 500                     27.9
Purchase                 96                      27.91



(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 of   Exercise  Type,     Expiry        Option
name,         selling,    securities  price     e.g.      date          money
e.g. call     purchasing, to which    (USD)     American,               paid/received
option        varying     the option            European                per unit
              etc.        relates               etc.                    (Note 4)
                          (Note 6)


Call Option   Selling     100         29        American  20/03/2010    0.69
Call Option   Selling     200         28        American  20/03/2010    1.22
Call Option   Selling     900         26        American  19/06/2010    3
Put Option    Purchasing  100         28        American  20/02/2010    0.7
Put Option    Purchasing  1,000       35        American  21/01/2012    9
Put Option    Purchasing  300         35        American  21/01/2012    9
Call Option   Purchasing  400         29        American  20/03/2010    0.55
Call Option   Purchasing  100         29        American  20/03/2010    0.6
Call Option   Purchasing  100         29        American  20/03/2010    0.7
Call Option   Purchasing  100         29        American  20/03/2010    0.7
Call Option   Purchasing  100         29        American  20/03/2010    0.7
Call Option   Purchasing  100         29        American  20/03/2010    0.7
Call Option   Purchasing  100         29        American  20/03/2010    0.8
Call Option   Purchasing  100         29        American  20/03/2010    0.8
Call Option   Purchasing  500         30        American  19/06/2010    0.79
Call Option   Purchasing  100         28        American  20/03/2010    1.2
Call Option   Purchasing  200         30        American  20/03/2010    0.35
Call Option   Purchasing  200         30        American  20/03/2010    0.42
Call Option   Purchasing  100         32        American  18/09/2010    0.45
Call Option   Purchasing  100         32        American  18/09/2010    0.55
Call Option   Purchasing  300         29        American  18/09/2010    1.55
Call Option   Purchasing  100         31        American  18/09/2010    0.8
Call Option   Purchasing  100         30        American  18/09/2010    1.1
Call Option   Purchasing  200         30        American  18/09/2010    1.1
Call Option   Purchasing  100         31        American  19/06/2010    0.5
Call Option   Purchasing  400         28        American  20/02/2010    0.65
Call Option   Purchasing  900         28        American  20/02/2010    0.7
Call Option   Purchasing  100         28        American  20/02/2010    0.8
Call Option   Purchasing  100         28        American  20/02/2010    0.8
Call Option   Purchasing  800         27        American  20/02/2010    1.25
Call Option   Purchasing  1,000       29        American  20/02/2010    0.3
Call Option   Purchasing  100         29        American  20/02/2010    0.3
Call Option   Purchasing  2,700       29        American  20/02/2010    0.3
Call Option   Purchasing  1,200       29        American  20/02/2010    0.3
Call Option   Purchasing  100         29        American  20/02/2010    0.4
Call Option   Purchasing  100         29        American  20/02/2010    0.4
Call Option   Purchasing  100         29        American  20/02/2010    0.45
Call Option   Purchasing  100         29        American  20/02/2010    0.45
Call Option   Purchasing  1,400       29        American  20/02/2010    0.4


(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                         28 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
Put Option   Sold       100          10        American   22/01/2011
Put Option   Sold       1,900        25        American   20/02/2010
Put Option   Sold       2,300        27        American   20/03/2010
Put Option   Sold       200          35        American   20/03/2010
Put Option   Sold       20,800       26        American   19/06/2010
Put Option   Sold       200          12.5      American   22/01/2011
Put Option   Sold       26,800       22.5      American   22/01/2011
Put Option   Sold       300          20        American   19/06/2010
Put Option   Sold       1,400        34        American   19/06/2010
Put Option   Sold       2,200        25        American   21/01/2012
Put Option   Sold       163,900      30        American   20/02/2010
Put Option   Sold       6,400        29        American   20/03/2010
Put Option   Sold       6,300        28        American   20/03/2010
Put Option   Sold       11,800       32        American   19/06/2010
Put Option   Sold       1,100        20        American   21/01/2012
Put Option   Sold       172,900      30        American   20/03/2010
Put Option   Sold       25,400       28        American   20/02/2010
Put Option   Sold       13,300       29        American   20/02/2010
Put Option   Sold       8,800        31        American   20/03/2010
Put Option   Sold       2,700        33        American   20/03/2010
Put Option   Sold       5,700        28        American   19/06/2010
Put Option   Sold       500          24        American   19/06/2010
Put Option   Sold       75,900       27        American   20/02/2010
Put Option   Sold       1,500        32        American   20/03/2010
Put Option   Sold       1,300        32        American   18/09/2010
Put Option   Sold       50,000       31        American   18/09/2010
Call Option  Sold       600          33        American   20/03/2010
Call Option  Sold       100          20        American   21/01/2012
Call Option  Sold       500          32        American   20/03/2010
Call Option  Sold       30,300       26        American   20/02/2010
Call Option  Sold       27,300       35        American   22/01/2011
Call Option  Sold       3,000        28        American   19/06/2010
Call Option  Sold       9,600        22.5      American   22/01/2011
Call Option  Sold       2,400        24        American   19/06/2010
Call Option  Sold       200          25        American   19/06/2010
Call Option  Sold       13,600       30        American   20/03/2010
Call Option  Sold       41,800       28        American   20/03/2010
Call Option  Sold       8,300        50        American   22/01/2011
Call Option  Sold       36,000       30        American   22/01/2011
Call Option  Sold       100          17.5      American   22/01/2011
Call Option  Sold       1,800        35        American   21/01/2012
Call Option  Sold       1,500        45        American   22/01/2011
Call Option  Sold       73,800       25        American   22/01/2011
Call Option  Sold       47,900       30        American   19/06/2010
Call Option  Sold       4,800        30        American   20/02/2010
Call Option  Sold       13,900       25        American   21/01/2012
Call Option  Sold       1,800        35        American   19/06/2010
Call Option  Sold       3,800        40        American   22/01/2011
Call Option  Sold       28,500       26        American   19/06/2010
Call Option  Sold       2,100        15        American   22/01/2011
Call Option  Sold       875,600      29        American   20/03/2010
Put Option   Purchased  9,200        20        American   22/01/2011
Put Option   Purchased  27,600       30        American   22/01/2011
Put Option   Purchased  4,200        25        American   19/06/2010
Put Option   Purchased  1,300        27        American   18/09/2010
Put Option   Purchased  100          30        American   18/09/2010
Put Option   Purchased  500          31        American   19/06/2010
Put Option   Purchased  900          30        American   21/01/2012
Put Option   Purchased  600          28        American   18/09/2010
Put Option   Purchased  1,300        26        American   18/09/2010
Put Option   Purchased  8,700        15        American   22/01/2011
Put Option   Purchased  500          17.5      American   22/01/2011
Put Option   Purchased  7,800        35        American   22/01/2011
Put Option   Purchased  27,300       31        American   20/02/2010
Put Option   Purchased  72,200       26        American   20/03/2010
Put Option   Purchased  33,500       23        American   20/03/2010
Put Option   Purchased  800          25        American   18/09/2010
Put Option   Purchased  1,300        35        American   21/01/2012
Put Option   Purchased  3,300        27        American   19/06/2010
Put Option   Purchased  5,100        33        American   18/09/2010
Put Option   Purchased  1,200        21        American   20/03/2010
Put Option   Purchased  400          22.5      American   18/09/2010
Put Option   Purchased  120,000      30        American   20/02/2010
Put Option   Purchased  5,400        30        American   19/06/2010
Put Option   Purchased  9,800        25        American   20/03/2010
Put Option   Purchased  3,400        29        American   19/06/2010
Put Option   Purchased  1,100        23        American   19/06/2010
Put Option   Purchased  2,900        24        American   20/03/2010
Put Option   Purchased  100          50        American   22/01/2011
Put Option   Purchased  5,500        40        American   22/01/2011
Put Option   Purchased  107,100      25        American   22/01/2011
Call Option  Purchased  1,500        29        American   19/06/2010
Call Option  Purchased  4,600        31        American   19/06/2010
Call Option  Purchased  2,000        26        American   20/03/2010
Call Option  Purchased  200          20        American   20/03/2010
Call Option  Purchased  98,500       29        American   20/02/2010
Call Option  Purchased  9,200        28        American   20/02/2010
Call Option  Purchased  9,600        27        American   20/02/2010
Call Option  Purchased  800          31        American   18/09/2010
Call Option  Purchased  500          32        American   18/09/2010
Call Option  Purchased  200          33        American   19/06/2010
Call Option  Purchased  100          26        American   18/09/2010
Call Option  Purchased  7,800        30        American   21/01/2012
Call Option  Purchased  1,500        30        American   18/09/2010
Call Option  Purchased  300          27        American   18/09/2010
Call Option  Purchased  10,500       31        American   20/03/2010
Call Option  Purchased  300          25        American   20/03/2010
Call Option  Purchased  800          29        American   18/09/2010
Call Option  Purchased  2,900        34        American   19/06/2010
Call Option  Purchased  300          28        American   18/09/2010
Call Option  Purchased  200          23        American   19/06/2010
Call Option  Purchased  200          27        American   19/06/2010
Call Option  Purchased  500          32        American   19/06/2010
Call Option  Purchased  76,700       27        American   20/03/2010
Call Option  Purchased  11,200       31        American   20/02/2010
Call Option  Purchased  2,400        20        American   22/01/2011
Call Option  Purchased  200          33        American   18/09/2010

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