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               1 February 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        598,674     0.04%        294,479       0.02%

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

(3) Options and agreements     704,500     0.05%      1,915,900       0.13%
to purchase/sell
Total                        1,303,174     0.09%      2,210,379       0.15%


(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                     124                     27.9081
Sale                     7,464                   28.06
Sale                     2,179                   28.06
Sale                     347                     27.9445245
Sale                     9,606                   28.06
Sale                     19,834                  28.06
Sale                     1,600                   27.8099
Sale                     36,000                  27.8973
Sale                     724                     27.85
Sale                     6                       27.97
Sale                     400                     28.0725
Sale                     100                     27.841
Sale                     125                     27.87
Sale                     108,461                 27.99372775
Sale                     2,500                   27.92
Sale                     16,200                  27.85216049
Sale                     1,000                   27.7121
Sale                     5,300                   27.90830189
Sale                     1,200                   27.71333333
Sale                     900                     27.70444444
Sale                     2,300                   27.91956522
Sale                     13,600                  27.78566324
Sale                     1,100                   27.931818
Sale                     3,400                   27.825588
Sale                     9,251                   27.91417793
Sale                     12,100                  28.06
Sale                     100                     27.97
Sale                     175                     27.85
Sale                     300                     27.85
Sale                     200                     27.85
Sale                     133,155                 27.87835019
Sale                     100                     27.86
Sale                     1,000                   27.96
Sale                     17,400                  27.81505402
Sale                     124                     27.69
Sale                     4,300                   27.71232558
Sale                     1,400                   28.08928571
Sale                     6,500                   27.717
Sale                     1,384                   27.7190896
Sale                     500                     27.694
Sale                     4,037                   27.7095645
Sale                     9,621                   27.69650972
Sale                     1,100                   27.77272727
Sale                     500                     28.0218
Sale                     7,300                   27.95749315
Sale                     1,900                   28.04236842
Sale                     7,600                   27.95553947
Sale                     1,900                   28.04236842
Sale                     2,700                   27.9262963
Sale                     500                     28.09
Sale                     200                     28.034
Sale                     2,300                   28.01043478
Sale                     3,700                   28.0229
Sale                     400                     27.691
Sale                     4,200                   27.85262143
Sale                     200                     28.03
Sale                     500                     27.7442
Sale                     200                     28.02
Sale                     3,000                   27.94666667
Sale                     100                     27.81
Sale                     500                     27.716
Sale                     100                     27.7
Sale                     1,900                   27.91789474
Sale                     100                     28.07
Sale                     10,000                  27.967
Sale                     4,800                   27.99985417
Sale                     1,200                   27.7917
Sale                     2,400                   27.865
Sale                     116,788                 27.97955518
Sale                     194,477                 27.92275714
Purchase                 9,906                   28.05242883
Purchase                 47                      28.08
Purchase                 100                     27.89
Purchase                 100                     27.99
Purchase                 30                      27.81
Purchase                 1,370                   27.81567883
Purchase                 19,834                  28.06
Purchase                 7,588                   28.05751771
Purchase                 2,179                   28.06
Purchase                 1,300                   27.88615385
Purchase                 6,400                   27.89305944
Purchase                 2,500                   27.9068
Purchase                 4,800                   27.893125
Purchase                 900                     27.89444444
Purchase                 1,600                   27.918125
Purchase                 300                     27.91
Purchase                 200                     27.91
Purchase                 7,464                   28.06
Purchase                 1,600                   28.08311875
Purchase                 1,600                   28.0205625
Purchase                 700                     28.08857143
Purchase                 3,400                   27.92676471
Purchase                 15,100                  28.04533775
Purchase                 500                     28.004
Purchase                 100                     27.85
Purchase                 600                     27.85
Purchase                 24                      27.85
Purchase                 6                       27.97
Purchase                 3,300                   27.66
Purchase                 25,700                  27.99762646
Purchase                 23,600                  27.98974576
Purchase                 5,640                   27.98609929
Purchase                 8,425                   27.99712166
Purchase                 7,600                   27.98140789
Purchase                 27,701                  27.99118176
Purchase                 6,620                   27.99528701
Purchase                 5,800                   27.98787931
Purchase                 500                     28.0262
Purchase                 2,600                   27.805
Purchase                 5,251                   28.06
Purchase                 1,100                   27.93181818
Purchase                 13,600                  27.78566176
Purchase                 600                     27.92
Purchase                 4,000                   27.72275
Purchase                 200                     27.81
Purchase                 5,300                   27.90831698
Purchase                 2,300                   27.919565
Purchase                 16,200                  27.8522
Purchase                 3,100                   27.710355
Purchase                 12,100                  28.06
Purchase                 66,655                  27.8645515
Purchase                 19,089                  27.88664886
Purchase                 15,006                  27.86777955
Purchase                 1,800                   27.88166667
Purchase                 15,305                  27.87556942
Purchase                 4,700                   27.84521277
Purchase                 24,400                  27.87635246
Purchase                 3,600                   27.89472222
Purchase                 300                     27.85333333
Purchase                 1,000                   27.96
Purchase                 475                     27.85
Purchase                 100                     27.97
Purchase                 124                     27.9081
Purchase                 400                     28.025
Purchase                 500                     27.996
Purchase                 2,600                   28.03776923
Purchase                 27,442                  27.70991006
Purchase                 1,900                   28.04236842
Purchase                 1,900                   27.74631579
Purchase                 1,400                   27.89642857
Purchase                 400                     27.691
Purchase                 3,700                   28.02291892
Purchase                 2,300                   28.0104
Purchase                 7,800                   27.96599359
Purchase                 1,400                   28.0893
Purchase                 10,300                  27.9479
Purchase                 200                     28
Purchase                 2,200                   27.85272727
Purchase                 1,400                   28.01142857
Purchase                 2,100                   27.92
Purchase                 3,400                   27.99508824
Purchase                 600                     27.73683333
Purchase                 1,200                   27.79166667
Purchase                 10,900                  27.95761468
Purchase                 3,000                   27.946667
Purchase                 311,422                 27.9451664



(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  (USD)     American,             paid/received
option        varying      to which              European              per unit
              etc.         the option            etc.                  (Note 4)
                           relates
                           (Note 6)
Put Option    Selling      100         24        American  20/03/2010  0.125
Put Option    Selling      100         24        American  20/03/2010  0.14
Call Option   Selling      100         30        American  22/01/2011  1.225
Call Option   Selling      1,000       20        American  21/01/2012  8.2
Call Option   Selling      1,000       20        American  21/01/2012  8.2
Call Option   Selling      1,000       20        American  21/01/2012  8.2
Call Option   Selling      100         29        American  20/02/2010  0.23
Put Option    Purchasing   100         27        American  20/02/2010  0.26
Put Option    Purchasing   100         24        American  20/03/2010  0.125
Put Option    Purchasing   1,100       25        American  22/01/2011  1.53
Put Option    Purchasing   1,000       25        American  22/01/2011  1.53
Put Option    Purchasing   1,000       25        American  22/01/2011  1.53
Put Option    Purchasing   1,000       25        American  22/01/2011  1.53
Call Option   Purchasing   100         30        American  22/01/2011  1.225
Call Option   Purchasing   1,000       30        American  22/01/2011  1.25
Call Option   Purchasing   900         30        American  22/01/2011  1.29
Call Option   Purchasing   100         30        American  22/01/2011  1.29
Call Option   Purchasing   1,200       35        American  21/01/2012  0.73
Call Option   Purchasing   1,000       29        American  20/02/2010  0.2


(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                         2 February 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       2300          27        American  20-Mar-10
Put Option   Sold       6300          28        American  20-Mar-10
Put Option   Sold       6400          29        American  20-Mar-10
Put Option   Sold       2700          33        American  20-Mar-10
Put Option   Sold       1900          25        American  20-Feb-10
Put Option   Sold       5700          28        American  19-Jun-10
Put Option   Sold       11800         32        American  19-Jun-10
Put Option   Sold       172900        30        American  20-Mar-10
Put Option   Sold       200           35        American  20-Mar-10
Put Option   Sold       1500          32        American  20-Mar-10
Put Option   Sold       500           24        American  19-Jun-10
Put Option   Sold       20800         26        American  19-Jun-10
Put Option   Sold       1400          34        American  19-Jun-10
Put Option   Sold       1100          20        American  21-Jan-12
Put Option   Sold       54100         25        American  18-Sep-10
Put Option   Sold       2200          25        American  21-Jan-12
Put Option   Sold       1300          32        American  18-Sep-10
Put Option   Sold       75700         27        American  20-Feb-10
Put Option   Sold       500           26        American  20-Feb-10
Put Option   Sold       8800          31        American  20-Mar-10
Put Option   Sold       26800         22.5      American  22-Jan-11
Put Option   Sold       50000         31        American  18-Sep-10
Put Option   Sold       25400         28        American  20-Feb-10
Put Option   Sold       163900        30        American  20-Feb-10
Put Option   Sold       13300         29        American  20-Feb-10
Put Option   Sold       34800         27        American  18-Sep-10
Put Option   Sold       200           12.5      American  22-Jan-11
Put Option   Sold       1000          20        American  19-Jun-10
Put Option   Sold       100           10        American  22-Jan-11
Put Option   Purchased  900           30        American  21-Jan-12
Put Option   Purchased  5100          33        American  18-Sep-10
Put Option   Purchased  27900         30        American  22-Jan-11
Put Option   Purchased  7600          35        American  22-Jan-11
Put Option   Purchased  5500          40        American  22-Jan-11
Put Option   Purchased  100           50        American  22-Jan-11
Put Option   Purchased  5400          30        American  19-Jun-10
Put Option   Purchased  1100          23        American  19-Jun-10
Put Option   Purchased  600           28        American  18-Sep-10
Put Option   Purchased  100           30        American  18-Sep-10
Put Option   Purchased  400           22.5      American  18-Sep-10
Put Option   Purchased  33500         23        American  20-Mar-10
Put Option   Purchased  1200          21        American  20-Mar-10
Put Option   Purchased  1300          35        American  21-Jan-12
Put Option   Purchased  1500          26        American  18-Sep-10
Put Option   Purchased  3300          27        American  19-Jun-10
Put Option   Purchased  500           31        American  19-Jun-10
Put Option   Purchased  120000        30        American  20-Feb-10
Put Option   Purchased  8700          15        American  22-Jan-11
Put Option   Purchased  9200          20        American  22-Jan-11
Put Option   Purchased  3400          29        American  19-Jun-10
Put Option   Purchased  4900          25        American  19-Jun-10
Put Option   Purchased  111200        25        American  22-Jan-11
Put Option   Purchased  72000         26        American  20-Mar-10
Put Option   Purchased  2800          24        American  20-Mar-10
Put Option   Purchased  500           17.5      American  22-Jan-11
Put Option   Purchased  9800          25        American  20-Mar-10
Put Option   Purchased  27300         31        American  20-Feb-10
Call Option  Sold       3000          28        American  19-Jun-10
Call Option  Sold       600           35        American  21-Jan-12
Call Option  Sold       200           25        American  19-Jun-10
Call Option  Sold       9600          22.5      American  22-Jan-11
Call Option  Sold       100           17.5      American  22-Jan-11
Call Option  Sold       28500         26        American  19-Jun-10
Call Option  Sold       2400          24        American  19-Jun-10
Call Option  Sold       875500        29        American  20-Mar-10
Call Option  Sold       13900         25        American  21-Jan-12
Call Option  Sold       2100          15        American  22-Jan-11
Call Option  Sold       47700         30        American  19-Jun-10
Call Option  Sold       1500          45        American  22-Jan-11
Call Option  Sold       27300         35        American  22-Jan-11
Call Option  Sold       73800         25        American  22-Jan-11
Call Option  Sold       3800          40        American  22-Jan-11
Call Option  Sold       13500         30        American  20-Mar-10
Call Option  Sold       30300         26        American  20-Feb-10
Call Option  Sold       1800          35        American  19-Jun-10
Call Option  Sold       600           33        American  20-Mar-10
Call Option  Sold       500           32        American  20-Mar-10
Call Option  Sold       41600         28        American  20-Mar-10
Call Option  Sold       3100          20        American  21-Jan-12
Call Option  Sold       1900          30        American  20-Feb-10
Call Option  Sold       8300          50        American  22-Jan-11
Call Option  Sold       30700         30        American  22-Jan-11
Call Option  Purchased  2100          30        American  18-Sep-10
Call Option  Purchased  2300          29        American  19-Jun-10
Call Option  Purchased  300           28        American  18-Sep-10
Call Option  Purchased  1000          31        American  18-Sep-10
Call Option  Purchased  1100          29        American  18-Sep-10
Call Option  Purchased  200           27        American  19-Jun-10
Call Option  Purchased  10500         31        American  20-Mar-10
Call Option  Purchased  4200          28        American  20-Feb-10
Call Option  Purchased  2400          20        American  22-Jan-11
Call Option  Purchased  700           32        American  18-Sep-10
Call Option  Purchased  4900          31        American  19-Jun-10
Call Option  Purchased  200           23        American  19-Jun-10
Call Option  Purchased  100           26        American  18-Sep-10
Call Option  Purchased  2000          26        American  20-Mar-10
Call Option  Purchased  11200         31        American  20-Feb-10
Call Option  Purchased  200           20        American  20-Mar-10
Call Option  Purchased  96400         29        American  20-Feb-10
Call Option  Purchased  200           33        American  18-Sep-10
Call Option  Purchased  300           25        American  20-Mar-10
Call Option  Purchased  9800          27        American  20-Feb-10
Call Option  Purchased  300           27        American  18-Sep-10
Call Option  Purchased  2900          34        American  19-Jun-10
Call Option  Purchased  500           32        American  19-Jun-10
Call Option  Purchased  76800         27        American  20-Mar-10
Call Option  Purchased  200           33        American  19-Jun-10
Call Option  Purchased  7900          30        American  21-Jan-12

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