Kraft Foods Inc. (NYSE: KFT) will release its second quarter financial results on July 28, 2008, at 7 a.m. EDT and will host a conference call at 8 a.m. EDT that day.

Investors and analysts may participate via phone by calling 1-800-322-9079 from the United States and 1-973-582-2717 from other locations. To ensure timely access, participants should dial in approximately 10 minutes before the call starts. A listen-only webcast will be provided at www.kraft.com.

A replay of the conference call will be available until August 4, 2008, by calling 1-800-642-1687 from the United States and 1-706-645-9291 from other locations. The access code for both the conference call and its rebroadcast is 54394275. An archive of the webcast will be available for one year on the company’s web site.

For more than a century, Kraft (www.kraft.com) has offered delicious foods and beverages that fit the way consumers live. Today, we are turning the brands that consumers have lived with for years into brands they can’t live without. Millions of times a day in more than 150 countries, consumers reach for their favorite Kraft brands, including nine with revenues exceeding $1 billion: Kraft cheeses, dinners and dressings; Oscar Mayer meats; Philadelphia cream cheese; Maxwell House coffee; Nabisco cookies and crackers and its Oreo brand; Jacobs coffees; Milka chocolates; and LU biscuits. Kraft is one of the world’s largest food and beverage companies with annual revenues exceeding $37 billion, more than 100,000 employees and more than 180 manufacturing and processing facilities globally. The company’s stock (NYSE: KFT) is listed on the Standard & Poor’s 100 and 500 indexes as well as the Dow Jones Sustainability Index and Ethibel Sustainability Index.

Kraft Foods Inc.
Media
Michael Mitchell
847-646-4538
Cec@kraft.com
or
Investors
Chris Jakubik
847-646-5494
Chris.Jakubik@kraft.com