June 16, 2008

Kraft Foods Declares Regular Quarterly Dividend of $0.27 Per Share

NORTHFIELD, Ill., June 16 /PRNewswire-FirstCall/ -- The Board of Directors of Kraft Foods Inc. has declared a regular quarterly dividend of $0.27 per common share of Class A stock. This dividend is payable on July 16, 2008, to stockholders of record as of June 27, 2008.

   (Logo: http://www.newscom.com/cgi-bin/prnh/20080605/AQTH531LOGO)    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 around the world, 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 is listed on the Standard & Poor's 100 and 500 indexes as well as the Dow Jones Sustainability Index and Ethibel Sustainability Index.

Photo: http://www.newscom.com/cgi-bin/prnh/20080605/AQTH531LOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk, [email protected]

Kraft Foods Inc.

CONTACT: Media, Michael Mitchell, +1-847-646-4538, [email protected], orInvestors, Chris Jakubik, +1-847-646-5494, [email protected], both of Kraft Foods

Web site: http://www.kraft.com/