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               12 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          760,045     0.05%     274,403       0.02%

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

(3) Options and agreements       765,200     0.05%   2,140,800       0.14%
to purchase/sell

Total                          1,525,245     0.10%   2,415,203       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                 1,100                   29.14454545
Purchase                 3,000                   29.024
Purchase                 75,000                  29.05
Purchase                 5                       29.0369
Purchase                 48,312                  28.73856454
Purchase                 850                     28.76882353
Purchase                 15,800                  29.035
Purchase                 18,400                  29.03666576
Purchase                 1,500                   29.03466667
Purchase                 1,800                   29.06666667
Purchase                 4,200                   29.03714286
Purchase                 3,900                   29.03692308
Purchase                 5,300                   29.01132075
Purchase                 600                     29.08
Purchase                 75,000                  29.05
Purchase                 300                     29.15
Purchase                 50,000                  28.9524
Purchase                 2,200                   28.75
Purchase                 1,429                   28.77
Purchase                 2,500                   28.7868
Purchase                 8,000                   28.7712
Purchase                 100                     28.78
Purchase                 11,836                  28.78042244
Purchase                 1,073                   28.77483691
Purchase                 30,455                  29.07678355
Purchase                 79,490                  29.19207271
Purchase                 7,080                   29.17293785
Purchase                 200                     29.19
Purchase                 16,600                  29.09728916
Purchase                 69,485                  29.0602661
Purchase                 23,390                  29.23742625
Purchase                 59,600                  29.14365772
Purchase                 13,100                  29.04523817
Purchase                 19,800                  29.05095707
Purchase                 1,100                   29.29
Purchase                 32                      29.0369
Purchase                 37                      29.01
Purchase                 1,200                   29.12
Purchase                 19,700                  29.07352589
Purchase                 25,100                  29.01678685
Purchase                 100                     29
Purchase                 26,600                  29.02571053
Purchase                 200                     28.83
Purchase                 10,100                  29.08588119
Purchase                 2,200                   29.14486364
Purchase                 3,400                   29.06911765
Purchase                 11,366                  29.06203238
Purchase                 2,200                   29.030455
Purchase                 2,100                   29.02119048
Purchase                 500                     29.04
Purchase                 100                     29.03
Purchase                 2,900                   29.10686207
Purchase                 4,400                   29.06129545
Purchase                 2,000                   29.02
Purchase                 8,300                   28.94828916
Purchase                 24,100                  28.98721992
Purchase                 45                      29.29
Purchase                 1,200                   28.935
Purchase                 16,100                  28.78034783
Purchase                 700                     29.03714286
Purchase                 3,400                   29.04688235
Purchase                 300                     28.96666667
Purchase                 5,900                   29.00922034
Purchase                 49,500                  28.91683232
Purchase                 2,000                   28.95
Purchase                 28,000                  29.06171071
Purchase                 4,900                   29.04165306
Purchase                 1,600                   29.032875
Sale                     2,100                   29.12008095
Sale                     2,700                   29.03666667
Sale                     6,400                   29.07125
Sale                     32                      29.0369
Sale                     5                       29.0369
Sale                     1,100                   29.29
Sale                     3,900                   29.02692308
Sale                     1,400                   28.96785714
Sale                     600                     29.08
Sale                     76,100                  28.7511
Sale                     200                     29.05
Sale                     26,500                  28.95351321
Sale                     75,000                  29.05
Sale                     2,000                   28.95
Sale                     200                     29.02
Sale                     200                     28.97
Sale                     100                     28.99
Sale                     100                     28.99
Sale                     4,700                   28.88617021
Sale                     3,000                   28.9235
Sale                     14,800                  28.95
Sale                     500                     28.9746
Sale                     500                     28.974
Sale                     600                     29.1599
Sale                     45,000                  29.0356
Sale                     6,000                   28.96296
Sale                     1,000                   28.96
Sale                     63,800                  29.05094201
Sale                     3,000                   29.024
Sale                     1,100                   29.14118182
Sale                     5                       29.0369
Sale                     100                     29
Sale                     36,700                  29.04226975
Sale                     4,300                   29.12727907
Sale                     200                     28.83
Sale                     4,100                   29.07243902
Sale                     51,100                  28.92046575
Sale                     600                     28.99083333
Sale                     2,200                   29.03045455
Sale                     9,600                   29.09389479
Sale                     600                     29.02
Sale                     200                     28.99
Sale                     1,800                   28.97361111
Sale                     19,900                  29.02288894
Sale                     3,400                   28.99
Sale                     500                     29.04
Sale                     700                     29.03757143
Sale                     13,500                  28.73771111
Sale                     366                     29.01453552
Sale                     3,800                   29.10552632
Sale                     10,200                  29.06833333
Sale                     32                      29.0369
Sale                     1,100                   29.1445
Sale                     3,000                   28.97199333
Sale                     5,200                   29.00538462
Sale                     200                     29.15
Sale                     2,600                   29.00173077
Sale                     200                     28.925
Sale                     700                     29.03142857
Sale                     1,100                   29.03181818
Sale                     31,400                  29.0601051
Sale                     4,200                   29.04335714
Sale                     4,300                   29.01839535
Sale                     4,600                   29.0823913
Sale                     5,100                   29.03903922
Sale                     100                     29.05
Sale                     7,200                   28.91881944
Sale                     1,200                   28.935
Sale                     24,145                  28.9877843



(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 the         American,             paid/received
option        varying     option               European              per
              etc.        relates              etc.                  unit
                          (Note 6)                                   (Note 4)
Call Option   Purchasing   1,500     29      American   16/01/2010   0.15
Call Option   Purchasing   2,500     25      American   22/01/2011   4.4
Call Option   Purchasing   100       25      American   22/01/2011   4.8
Call Option   Purchasing   1,200     25      American   22/01/2011   4.8
Call Option   Purchasing   200       27.5    American   16/01/2010   1.3
Call Option   Purchasing   100       27.5    American   16/01/2010   1.3
Call Option   Purchasing   200       30      American   22/01/2011   1.6
Call Option   Purchasing   3,900     30      American   22/01/2011   1.55
Call Option   Purchasing   1,000     30      American   22/01/2011   1.65
Call Option   Purchasing   100       30      American   22/01/2011   1.8
Call Option   Purchasing   100       30      American   22/01/2011   1.8
Call Option   Purchasing   100       30      American   22/01/2011   1.8
Call Option   Purchasing   200       30      American   22/01/2011   1.8
Call Option   Purchasing   100       30      American   20/02/2010   0.35
Call Option   Purchasing   400       30      American   20/02/2010   0.35
Call Option   Purchasing   100       30      American   20/02/2010   0.5
Call Option   Purchasing   100       30      American   20/02/2010   0.5
Call Option   Purchasing   100       30      American   20/02/2010   0.5
Call Option   Purchasing   500       30      American   20/02/2010   0.5
Call Option   Purchasing   100       30      American   20/02/2010   0.5
Call Option   Purchasing   600       30      American   20/02/2010   0.55
Call Option   Purchasing   100       30      American   20/02/2010   0.55
Call Option   Purchasing   100       30      American   20/02/2010   0.55
Call Option   Purchasing   300       30      American   20/02/2010   0.6
Call Option   Purchasing   100       20      American   21/01/2012   9.1
Call Option   Purchasing   200       30      American   19/06/2010   1.05
Call Option   Purchasing   100       30      American   19/06/2010   1.05
Call Option   Selling      284,500   29      American   20/03/2010   1.1
Call Option   Selling      1,100     29      American   20/03/2010   1.15
Call Option   Selling      5,300     29      American   20/03/2010   1.15
Call Option   Selling      3,100     29      American   20/03/2010   1.15
Call Option   Selling      71,100    29      American   20/03/2010   1.15
Call Option   Selling      75,300    29      American   16/01/2010   0.35
Call Option   Selling      6,900     30      American   16/01/2010   0.05
Call Option   Selling      600       27.5    American   16/01/2010   1.55
Call Option   Selling      300       27.5    American   16/01/2010   1.61
Call Option   Selling      500       26      American   19/06/2010   3.8
Call Option   Selling      14,100    30      American   20/02/2010   0.5
Call Option   Selling      1,800     35      American   21/01/2012   1.15
Call Option   Selling      800       27      American   19/06/2010   2.65
Call Option   Selling      100       29      American   20/02/2010   0.9
Call Option   Selling      100       29      American   20/02/2010   0.9
Call Option   Selling      100       29      American   20/02/2010   0.95
Call Option   Selling      100       29      American   20/02/2010   0.95
Put Option    Selling      14,400    25      American   22/01/2011   1.35
Put Option    Selling      3,700     25      American   22/01/2011   1.35
Put Option    Selling      2,900     25      American   22/01/2011   1.35
Put Option    Selling      19,900    25      American   22/01/2011   1.3


(ii) Exercising

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



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


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





4.   OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives


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





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


Date of disclosure                         13 January 2010
Contact name                               Geoff Smith
Telephone number                           020 7116 2913
Name of offeree/offeror with which         Kraft Foods Inc
connected
Nature of connection (Note 9)              Advisor


SUPPLEMENTAL FORM 38.5(b)

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


OPEN POSITIONS (Note 1)

Product      Written or  Number of    Exercise  Type,      Expiry date
name,        purchased   securities   price     e.g.
e.g. call                to which     (Note 2)  American,
option                   the option   (USD)     European
                         or                     etc.
                         derivative
                         relates
Call Option  Purchased   2,300        20        American   22-Jan-11
Call Option  Purchased   900          20        American   21-Jan-12
Call Option  Purchased   200          23        American   19-Jun-10
Call Option  Purchased   100          24        American   19-Jun-10
Call Option  Purchased   31,800       25        American   16-Jan-10
Call Option  Purchased   300          25        American   20-Mar-10
Call Option  Purchased   100          25        American   19-Jun-10
Call Option  Purchased   100          26        American   16-Jan-10
Call Option  Purchased   1,800        26        American   20-Mar-10
Call Option  Purchased   9,300        27        American   20-Feb-10
Call Option  Purchased   76,400       27        American   20-Mar-10
Call Option  Purchased   6,000        28        American   19-Jun-10
Call Option  Purchased   44,000       29        American   16-Jan-10
Call Option  Purchased   3,000        29        American   20-Feb-10
Call Option  Purchased   4,200        29        American   19-Jun-10
Call Option  Purchased   7,400        30        American   19-Jun-10
Call Option  Purchased   9,600        30        American   21-Jan-12
Call Option  Purchased   2,900        31        American   20-Feb-10
Call Option  Purchased   10,200       31        American   20-Mar-10
Call Option  Purchased   3,000        31        American   19-Jun-10
Call Option  Purchased   5,500        45        American   16-Jan-10
Call Option  Purchased   11,800       22.5      American   16-Jan-10
Call Option  Purchased   12,700       32.5      American   16-Jan-10
Put Option   Purchased   3,100        15        American   16-Jan-10
Put Option   Purchased   8,700        15        American   22-Jan-11
Put Option   Purchased   27,400       20        American   16-Jan-10
Put Option   Purchased   9,400        20        American   22-Jan-11
Put Option   Purchased   1,200        21        American   20-Mar-10
Put Option   Purchased   33,500       23        American   20-Mar-10
Put Option   Purchased   700          23        American   19-Jun-10
Put Option   Purchased   3,000        24        American   20-Mar-10
Put Option   Purchased   1,600        24        American   19-Jun-10
Put Option   Purchased   23,200       25        American   16-Jan-10
Put Option   Purchased   13,900       25        American   20-Mar-10
Put Option   Purchased   3,800        25        American   19-Jun-10
Put Option   Purchased   120,800      25        American   22-Jan-11
Put Option   Purchased   44,000       26        American   16-Jan-10
Put Option   Purchased   72,300       26        American   20-Mar-10
Put Option   Purchased   3,200        27        American   20-Mar-10
Put Option   Purchased   10,500       29        American   16-Jan-10
Put Option   Purchased   3,500        29        American   19-Jun-10
Put Option   Purchased   1,900        30        American   16-Jan-10
Put Option   Purchased   4,900        30        American   19-Jun-10
Put Option   Purchased   27,800       30        American   22-Jan-11
Put Option   Purchased   600          30        American   21-Jan-12
Put Option   Purchased   27,800       31        American   20-Feb-10
Put Option   Purchased   7,400        35        American   16-Jan-10
Put Option   Purchased   6,800        35        American   22-Jan-11
Put Option   Purchased   5,500        40        American   22-Jan-11
Put Option   Purchased   100          50        American   22-Jan-11
Put Option   Purchased   700          17.5      American   16-Jan-10
Put Option   Purchased   500          17.5      American   22-Jan-11
Put Option   Purchased   51,000       27.5      American   16-Jan-10
Put Option   Purchased   2,800        32.5      American   16-Jan-10
Call Option  Sold        2,100        15        American   22-Jan-11
Call Option  Sold        100          25        American   16-Jan-10
Call Option  Sold        74,200       25        American   22-Jan-11
Call Option  Sold        11,900       25        American   21-Jan-12
Call Option  Sold        50,400       26        American   20-Feb-10
Call Option  Sold        26,900       26        American   19-Jun-10
Call Option  Sold        800          27        American   19-Jun-10
Call Option  Sold        4,200        28        American   20-Feb-10
Call Option  Sold        37,300       28        American   20-Mar-10
Call Option  Sold        296,700      29        American   16-Jan-10
Call Option  Sold        408,200      29        American   20-Mar-10
Call Option  Sold        108,500      30        American   16-Jan-10
Call Option  Sold        11,600       30        American   20-Feb-10
Call Option  Sold        16,700       30        American   20-Mar-10
Call Option  Sold        39,700       30        American   22-Jan-11
Call Option  Sold        200          31        American   16-Jan-10
Call Option  Sold        500          32        American   20-Mar-10
Call Option  Sold        600          33        American   20-Mar-10
Call Option  Sold        10,100       35        American   16-Jan-10
Call Option  Sold        1,800        35        American   19-Jun-10
Call Option  Sold        28,600       35        American   22-Jan-11
Call Option  Sold        1,800        35        American   21-Jan-12
Call Option  Sold        10,400       40        American   16-Jan-10
Call Option  Sold        3,800        40        American   22-Jan-11
Call Option  Sold        1,500        45        American   22-Jan-11
Call Option  Sold        8,300        50        American   22-Jan-11
Call Option  Sold        100          17.5      American   22-Jan-11
Call Option  Sold        9,500        22.5      American   22-Jan-11
Call Option  Sold        159,400      27.5      American   16-Jan-10
Call Option  Sold        1,200        37.5      American   16-Jan-10
Put Option   Sold        100          10        American   22-Jan-11
Put Option   Sold        200          20        American   19-Jun-10
Put Option   Sold        1,600        20        American   21-Jan-12
Put Option   Sold        14,600       24        American   16-Jan-10
Put Option   Sold        148,600      25        American   16-Jan-10
Put Option   Sold        500          26        American   16-Jan-10
Put Option   Sold        7,100        26        American   19-Jun-10
Put Option   Sold        79,500       27        American   20-Feb-10
Put Option   Sold        1,000        27        American   19-Jun-10
Put Option   Sold        14,000       28        American   20-Feb-10
Put Option   Sold        7,100        28        American   20-Mar-10
Put Option   Sold        8,200        28        American   19-Jun-10
Put Option   Sold        13,900       29        American   20-Feb-10
Put Option   Sold        3,600        29        American   20-Mar-10
Put Option   Sold        260,400      30        American   20-Feb-10
Put Option   Sold        173,500      30        American   20-Mar-10
Put Option   Sold        8,800        31        American   20-Mar-10
Put Option   Sold        1,500        32        American   20-Mar-10
Put Option   Sold        2,700        33        American   20-Mar-10
Put Option   Sold        200          35        American   20-Mar-10
Put Option   Sold        1,800        35        American   21-Jan-12
Put Option   Sold        800          12.5      American   16-Jan-10
Put Option   Sold        200          12.5      American   22-Jan-11
Put Option   Sold        47,200       22.5      American   16-Jan-10
Put Option   Sold        16,600       22.5      American   22-Jan-11

Notes

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

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

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