Rule 8.1 - KRAFT FOODS INC

FORM 8.1

           DEALINGS BY OFFERORS, OFFEREE COMPANIES OR THEIR ASSOCIATES
                   FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS
                 (Rules 8.1(a) and (b)(i) of the Takeover Code)


1.   KEY INFORMATION

Name of person dealing (Note 1) Barclays Capital Inc

Company dealt in                Kraft Foods Inc

Class of relevant security      A Common Stock
to which the dealings being
disclosed relate (Note 2)

Date of dealing                 31 December 2009


2.   INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)  Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)

                                               Long                        Short

                                       Number              (%)      Number             (%)

(1) Relevant securities                544,104            0.04      309,386           0.02

(2)  Derivatives (other than options)        0            0.00            0          00.00


(3) Options and agreements             819,600            0.06      851,800           0.06
to purchase/sell

Total                                1,363,704            0.10    1,161,186           0.08


(b)  Interests and short positions in relevant securities of the company, other
     than the class dealt in (Note 3)

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 3)

Class of relevant security:   Details



3.   DEALINGS (Note 4)

(a)  Purchases and sales

Purchase/sale            Number of securities    Price per unit (Note 5)

Purchase                 1,924                   27.5000
Sale                     236                     27.1800
Purchase                 3,000                   27.1800
Sale                     500                     27.3200
Sale                     24                      27.4500
Sale                     400                     27.3800
Sale                     3,000                   27.2430
Sale                     700                     27.3257
Sale                     2,618                   27.3835
Purchase                 4,942                   27.3784
Sale                     3,000                   27.1800
Purchase                 2,536                   27.1800
Purchase                 600                     27.4000
Purchase                 400                     27.4400
Sale                     500                     27.3900
Sale                     1,600                   27.2800
Sale                     700                     27.2871
Sale                     2,100                   27.2752
Sale                     2,300                   27.2865
Sale                     1,000                   27.2800
Sale                     100                     27.4800
Purchase                 3,938                   27.3559
Purchase                 5,962                   27.4044
Sale                     300                     27.4500
Purchase                 400                     27.2900
Purchase                 300                     27.4500
Purchase                 100                     27.4800
Sale                     5,962                   27.4044
Sale                     3,938                   27.3559
Sale                     400                     27.2900
Purchase                 3,241                   27.4900
Sale                     11,800                  27.1800
Sale                     100                     27.1800
Sale                     180                     27.1844
Sale                     500                     27.3500
Sale                     300                     27.1800
Purchase                 300                     27.4600
Purchase                 780                     27.1823
Purchase                 2,300                   27.1800
Purchase                 9,500                   27.1800
Sale                     18,129                  27.3737
Sale                     100                     27.3500
Purchase                 100                     27.3500
Sale                     48,897                  27.4008
Purchase                 20,159                  27.3511
Sale                     800                     27.3925
Sale                     6,400                   27.4159
Purchase                 18,129                  27.3737
Sale                     5,900                   27.4332
Sale                     1,700                   27.4035
Sale                     12,386                  27.4088
Sale                     1,815                   27.3824
Sale                     20,159                  27.3511
Purchase                 2,698                   27.3000
Purchase                 200                     27.3500
Purchase                 75,000                  27.4093
Purchase                 257                     27.4100
Purchase                 600                     27.3083
Sale                     2,500                   27.3780
Purchase                 100                     27.3100
Purchase                 200                     27.4750
Purchase                 1,000                   27.4500
Purchase                 2,100                   27.3871
Sale                     100                     27.3600
Sale                     1,000                   27.4500
Purchase                 100                     27.3600
Sale                     2,600                   27.3873
Purchase                 5,540                   27.4210
Purchase                 2,400                   27.3800
Sale                     257                     27.4100
Sale                     500                     27.4240
Sale                     3,000                   27.4056
Sale                     500                     27.4500
Sale                     1,340                   27.4377
Sale                     200                     27.4600
Purchase                 2,500                   27.3780
Sale                     100                     27.3100
Sale                     2,700                   27.3696
Purchase                 500                     27.3200
Purchase                 1,000                   27.4600
Sale                     100                     27.3310
Purchase                 1,000                   27.4219
Purchase                 600                     27.3183
Purchase                 1,200                   27.4625
Sale                     1,200                   27.4625
Sale                     1,600                   27.3831
Purchase                 100                     27.3310
Sale                     2,500                   27.4548
Sale                     100                     27.3310
Purchase                 1,500                   27.4513
Purchase                 100                     27.3310
Sale                     500                     27.3200


(b)  Derivatives transactions (other than options)

Product       Long/short       Number of securities   Price per unit
name,         (Note 6)         (Note 7)               (Note 5)
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 the  (USD)     American,             paid/received
option        varying      option                  European              per unit
              etc.         relates                 etc.                  (Note 5)
                           (Note 7)
Call Option   Purchasing   1,000         30        American  22/01/2011  1.1000
Call Option   Purchasing   300           29        American  20/03/2010  0.3000
Put Option    Selling      1,700         20        American  21/01/2012  1.2500
Call Option   Purchasing   200           30        American  21/01/2012  2.0500
Call Option   Purchasing   300           25        American  20/03/2010  2.7000
Put Option    Selling      200           23        American  19/06/2010  0.4000
Call Option   Purchasing   400           28        American  20/02/2010  0.4700
Put Option    Purchasing   100           27        American  19/06/2010  1.4500
Put Option    Purchasing   100           27        American  20/03/2010  0.8000
Call Option   Purchasing   300           30        American  19/06/2010  0.4500
Call Option   Purchasing   7,400         27        American  20/03/2010  1.1500
Call Option   Purchasing   2,900         27        American  20/03/2010  1.1500
Call Option   Purchasing   1,200         27        American  20/03/2010  1.1500
Call Option   Purchasing   1,200         27        American  20/03/2010  1.1500


(ii) Exercising

Product name, e.g. call  Number of securities    Exercise price per unit
option                                           (Note 5)





(d)  Other dealings (including new securities) (Note 4)

Nature of transaction    Details                 Price per unit (if
(Note 8)                                         applicable) (Note 5)






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 8 attached? (Note 9)                 YES


Date of disclosure                         04 January 2010
Contact name                               Geoff Smith
Telephone number                           020 7116 2913
Name of offeree/offeror with which         Kraft Foods Inc
associated
Specify category and nature of associate   Advisor
status (Note 10)


Notes

The Notes on Form 8.1 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk


SUPPLEMENTAL FORM 8


                            DETAILS OF OPEN POSITIONS
   (This form should be attached to Form 8.1, Form 8.1(b)(ii) or Form 8.3, as
                                  appropriate)


OPEN POSITIONS (Note 1)

Product      Written   Number of      Exercise   Type,     Expiry date
name,        or        securities     price      e.g.
e.g. call    purchased to which the   (Note 2)   American
option                 option or                 ,
                       derivative                European
                       relates                   etc.
PUT          Purchased 3,100          15         American  16-Jan-10
PUT          Purchased 8,700          15         American  22-Jan-11
PUT          Purchased 27,400         20         American  16-Jan-10
PUT          Purchased 9,900          20         American  22-Jan-11
PUT          Purchased 1,200          21         American  20-Mar-10
PUT          Purchased 33,500         23         American  20-Mar-10
PUT          Purchased 700            23         American  19-Jun-10
PUT          Purchased 1,600          24         American  19-Jun-10
PUT          Purchased 23,200         25         American  16-Jan-10
PUT          Purchased 13,900         25         American  20-Mar-10
PUT          Purchased 3,800          25         American  19-Jun-10
PUT          Purchased 164,200        25         American  22-Jan-11
PUT          Purchased 44,900         26         American  16-Jan-10
PUT          Purchased 72,700         26         American  20-Mar-10
PUT          Purchased 200            26         American  19-Jun-10
PUT          Purchased 400            27         American  20-Feb-10
PUT          Purchased 3,500          27         American  20-Mar-10
PUT          Purchased 2,800          27         American  19-Jun-10
PUT          Purchased 200            28         American  19-Jun-10
PUT          Purchased 4,700          29         American  16-Jan-10
PUT          Purchased 3,500          29         American  19-Jun-10
PUT          Purchased 3,200          30         American  16-Jan-10
PUT          Purchased 4,900          30         American  19-Jun-10
PUT          Purchased 27,800         30         American  22-Jan-11
PUT          Purchased 400            30         American  21-Jan-12
PUT          Purchased 7,400          35         American  16-Jan-10
PUT          Purchased 6,900          35         American  22-Jan-11
PUT          Purchased 5,500          40         American  22-Jan-11
PUT          Purchased 100            50         American  22-Jan-11
PUT          Purchased 700            17.5       American  16-Jan-10
PUT          Purchased 500            17.5       American  22-Jan-11
PUT          Purchased 104,600        27.5       American  16-Jan-10
PUT          Purchased 2,800          32.5       American  16-Jan-10
PUT          Purchased 100            10         American  22-Jan-11
PUT          Purchased 200            20         American  19-Jun-10
PUT          Purchased 1,700          20         American  21-Jan-12
PUT          Purchased 14,600         24         American  16-Jan-10
PUT          Purchased 100            24         American  20-Mar-10
PUT          Purchased 148,600        25         American  16-Jan-10
PUT          Purchased 200            28         American  20-Feb-10
PUT          Purchased 4,500          28         American  20-Mar-10
PUT          Purchased 3,800          29         American  20-Mar-10
PUT          Purchased 15,100         30         American  20-Mar-10
PUT          Purchased 8,800          31         American  20-Mar-10
PUT          Purchased 5,600          32         American  20-Mar-10
PUT          Purchased 2,700          33         American  20-Mar-10
PUT          Purchased 200            35         American  20-Mar-10
PUT          Purchased 1,800          35         American  21-Jan-12
PUT          Purchased 800            12.5       American  16-Jan-10
PUT          Purchased 200            12.5       American  22-Jan-11
PUT          Purchased 47,200         22.5       American  16-Jan-10
PUT          Purchased 11,800         22.5       American  22-Jan-11
CALL         Purchased 2,200          20         American  22-Jan-11
CALL         Purchased 100            24         American  19-Jun-10
CALL         Purchased 31,500         25         American  16-Jan-10
CALL         Purchased 300            25         American  20-Mar-10
CALL         Purchased 300            26         American  20-Feb-10
CALL         Purchased 1,800          26         American  20-Mar-10
CALL         Purchased 3,300          27         American  20-Feb-10
CALL         Purchased 75,500         27         American  20-Mar-10
CALL         Purchased 1,000          27         American  19-Jun-10
CALL         Purchased 1,900          28         American  20-Feb-10
CALL         Purchased 6,600          28         American  19-Jun-10
CALL         Purchased 44,000         29         American  16-Jan-10
CALL         Purchased 800            29         American  20-Feb-10
CALL         Purchased 3,600          29         American  19-Jun-10
CALL         Sold      10,200         30         American  20-Mar-10
CALL         Sold      6,500          30         American  19-Jun-10
CALL         Sold      7,500          31         American  20-Mar-10
CALL         Sold      2,500          31         American  19-Jun-10
CALL         Sold      100            32         American  20-Mar-10
CALL         Sold      1,200          35         American  21-Jan-12
CALL         Sold      5,500          45         American  16-Jan-10
CALL         Sold      11,600         22.5       American  16-Jan-10
CALL         Sold      12,700         32.5       American  16-Jan-10
CALL         Sold      2,100          15         American  22-Jan-11
CALL         Sold      200            20         American  21-Jan-12
CALL         Sold      100            25         American  16-Jan-10
CALL         Sold      300            25         American  19-Jun-10
CALL         Sold      42,200         25         American  22-Jan-11
CALL         Sold      9,700          25         American  21-Jan-12
CALL         Sold      10,500         26         American  19-Jun-10
CALL         Sold      40,800         28         American  20-Mar-10
CALL         Sold      97,800         29         American  16-Jan-10
CALL         Sold      47,000         29         American  20-Mar-10
CALL         Purchased 93,200         30         American  16-Jan-10
CALL         Purchased 48,400         30         American  22-Jan-11
CALL         Purchased 200            30         American  21-Jan-12
CALL         Purchased 200            31         American  16-Jan-10
CALL         Purchased 600            33         American  20-Mar-10
CALL         Purchased 10,100         35         American  16-Jan-10
CALL         Purchased 29,700         35         American  22-Jan-11
CALL         Purchased 10,400         40         American  16-Jan-10
CALL         Purchased 3,800          40         American  22-Jan-11
CALL         Purchased 1,500          45         American  22-Jan-11
CALL         Purchased 8,300          50         American  22-Jan-11
CALL         Purchased 100            17.5       American  22-Jan-11
CALL         Purchased 10,100         22.5       American  22-Jan-11
CALL         Purchased 115,300        27.5       American  16-Jan-10
CALL         Purchased 1,200          37.5       American  16-Jan-10

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 Rule 8 and its
Notes which can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk