Kraft Foods Inc. Filing of Definitive Proxy Statement

NORTHFIELD, Ill., Dec. 18 /PRNewswire-FirstCall/ -- Kraft Foods Inc. ("Kraft Foods") announces that it has today filed a Definitive Proxy Statement with the U.S. Securities and Exchange Commission (the "SEC") with respect to its shareholder vote on all proposals required under certain rules of the New York Stock Exchange to approve the issuance of Kraft Foods shares in connection with its offer for Cadbury plc (the "Offer"). The special meeting will be held on 1 February 2010 at the Hilton Chicago/Northbrook Hotel in Northbrook, Illinois. Kraft Foods shareholders of record at the close of business CST on 14 December 2009 are entitled to vote at the special meeting or any adjournments or postponements of the special meeting. Kraft Foods is mailing the Definitive Proxy Statement to shareholders beginning on or about 21 December 2009.

The Definitive Proxy Statement can be viewed at phx.corporate-ir.net/phoenix.zhtml?c=129070&p=irol-secProxy.

Further information

This announcement will be available on Kraft Foods' website at http://www.transactioninfo.com/kraftfoods by no later than 12 noon (London time) on 21 December 2009.

Rule 14a-12 Legend

Kraft Foods and its directors and officers may be deemed to be participants in the solicitation of proxies from Kraft Foods shareholders in connection with the issuance of Kraft Foods shares. Information about the directors and executive officers of Kraft Foods and their ownership of Kraft Foods shares is set forth in the definitive proxy statement filed by Kraft Foods with the SEC on 18 December 2009.

Kraft Foods has filed the definitive proxy statement described in this announcement with the SEC and will mail the definitive proxy statement and other relevant documents to Kraft Foods shareholders. The definitive proxy statement, and any other documents filed by Kraft Foods with the SEC, may be obtained free of charge at the SEC's website at http://www.sec.gov/ or at Kraft Foods' website at http://www.kraftfoodscompany.com/. Investors should read the definitive proxy statement carefully, before making any voting decision because it contains important information.

Forward-looking statements

This document contains forward-looking statements regarding the Offer. Such statements include statements about the benefits of the proposed combination and other such items, based on our plans, estimates and projections. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the control of Kraft Foods, that could cause Kraft Foods' actual results to differ materially from those indicated in any such forward-looking statements. Such factors include, but are not limited to, failure to obtain necessary regulatory approvals or required financing or to satisfy any of the other conditions to the proposed acquisition, and the risk factors set forth in our filings with the SEC, including our registration statement on Form S-4 filed in connection with the Offer, our most recently filed Annual Report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this document, except as required by applicable law or regulation.

Additional US-related information

This document is provided for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell shares of Cadbury plc or Kraft Foods. Kraft Foods has filed a registration statement and tender offer documents with the SEC in connection with the proposed combination. United States and Canadian residents who hold Cadbury shares and holders of Cadbury ADSs, wherever located, should read those filings, and any other filings made by Kraft Foods with the SEC in connection with the proposed combination, as they contain important information. Those documents, as well as Kraft Foods' other public filings with the SEC may be obtained without charge at the SEC's web site at http://www.sec.gov/ and at Kraft Foods' web site at http://www.kraftfoodscompany.com/.

- make today delicious -

Kraft Foods

CONTACT: Media, Michael Mitchell, [phone], [e-mail]; or
Investors, Christopher M. Jakubik, [phone], [e-mail]

Web Site: http://www.kraftfoodscompany.com/