Kraft Foods Announces Final Results for Cash Tender Offers

Kraft Foods Inc.

announced today that its previously announced cash tender offers for up to $1,500,000,000 aggregate principal amount of its 5.625% Notes due 2011 and its 6.25% Notes due 2012 expired at 12:00 midnight, New York City time, on December 27, 2010. Noteholders had tendered and not withdrawn $1,033,999,000 aggregate principal amount of 2011 Notes and $947,183,000 aggregate principal amount of 2012 Notes as of the Expiration Date.