NORTHFIELD, Ill., Aug. 11 /PRNewswire-FirstCall/ -- Kraft Foods Inc. (NYSE: KFT) announced it will host a live audio webcast of the company's presentation at the Lehman Brothers Back-to-School Consumer Conference on Wednesday, Sept. 3, 2008, at 7:30 a.m. EDT. The webcast will be available in the investor center section of Kraft's corporate web site, http://www.kraft.com.

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At the conference, Irene Rosenfeld, Chairman and Chief Executive Officer; Sanjay Khosla, Executive Vice President and President, Kraft International; and Tim McLevish, Executive Vice President and Chief Financial Officer, will provide an update on the company's growth strategy at the midpoint of its three-year turnaround plan.

The presentation will be approximately 40 minutes in length and will be archived at http://www.kraft.com for 90 days.

About Kraft Foods Inc.

For more than a century, Kraft (http://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 (NYSE: KFT) is a member of the Standard & Poor's 500 index as well as the Dow Jones Sustainability Index and Ethibel Sustainability Index.

SOURCE Kraft Foods Inc.