Jean-Paul Rigaudeau Named Head of Kraft Foods Europe

Kraft Foods Inc. (NYSE:KFT) announced today the appointment of Jean-Paul Rigaudeau as President of the company’s European operations, succeeding Joachim Krawczyk who is retiring after a distinguished, 29-year career with the company. Rigaudeau, who joined Kraft in 2004, was most recently the head of Kraft’s $2.5 billion EU Chocolate business. Rigaudeau will report to Sanjay Khosla, President of Kraft International. "Joachim and his team have delivered improved topline performance in the EU, led by our Coffee and Chocolate businesses. As a member of this dynamic team, Jean-Paul is a natural choice to lead Kraft’s $8 billion+ European operations. I’m confident he can drive the region to even greater success in the years ahead” said Sanjay Khosla. "Jean-Paul’s selection is a point of pride for all of us,” said Joachim Krawczyk. Commenting on his appointment, which is effective January 1, 2008, Rigaudeau said, "I’m honored and excited to become head of Kraft’s European business at this critical juncture. More than ever, from chocolate to cheese to coffee, European consumers are looking for a choice of high quality, great tasting foods and beverages that represent good value. Kraft is delivering, which is why we’re making progress on the top line. I look forward to building on the momentum that the team has begun to create.” Joachim Krawczyk’s international career with Kraft began in Germany and took him from his first job in 1979 as Assistant Brand Manager for Jacobs, to General Manager of Suchard/Tobler ten years later. He then held positions of increasing responsibility with Philip Morris International in Latin America, and in 2000, became the first President of Kraft’s new Latin America region. Krawczyk returned to Europe in 2003 as President of the West Central Europe Region and was named Group Vice President and President of the EU Region in 2005. As leader of Kraft’s EU business, he has driven its turnaround over the past two years. Before taking on Kraft’s EU chocolate business earlier this year, Rigaudeau was Vice President and Area Director for Kraft in Germany, Austria and Switzerland and for World Travel Retail. Kraft Foods (NYSE:KFT) is one of the world’s largest food and beverage companies, with annual revenues of more than $34 billion. For over 100 years, Kraft has offered consumers delicious and wholesome foods that fit the way they live. Kraft markets a broad portfolio of iconic brands in 155 countries, including seven brands with revenue of more than $1 billion, such as Philadelphia cream cheese; Jacobs coffees and Milka chocolates. Kraft became a fully independent company on March 30, 2007, and is listed in the Standard & Poor’s 100 and 500 indexes. The company is a member of the Dow Jones Sustainability Index and the Ethibel Sustainability Index. For more information, visit the company website at http://www.kraft.com. Forward-Looking Statements This press release contains forward-looking statements based on the Company’s current assumptions and estimates. These statements are subject to risks and uncertainties, which could cause actual results to differ materially from those predicted in any such forward-looking statements. Such factors include, but are not limited to, higher input costs, unexpected safety or manufacturing issues, European Commission or European Union member state regulatory actions or delays, increased competition, pricing actions, our ability to realize expected cost savings and spending from our planned restructuring program, unanticipated expenses such as litigation or legal settlement expenses, increased costs of sales, our indebtedness and ability to pay our indebtedness, the shift in our product mix to lower margin offers and our ability to differentiate our products from private label products. For additional information on these and other factors that could affect our forward-looking statements, see our filings with the SEC, including our most recently filed Annual Report on Form 10-K and subsequent reports on Form 10-Q and 8-K. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this press release.