Kraft Foods Declares Regular Quarterly Dividend of $0.25 Per Share

The Board of Directors of Kraft Foods Inc. (NYSE:KFT) declared a regular quarterly dividend of $0.25 per common share of Class A and Class B stock, payable on January 5, 2007 to stockholders of record as of December 27, 2006. Kraft Foods (NYSE:KFT) is one of the world’s largest food and beverage companies. For more than 100 years, we’ve offered consumers delicious and wholesome foods that fit the way they live. Millions of times a day, in more than 150 countries, consumers reach for their favorite Kraft brands. Whether it’s breakfast, lunch, dinner or a snack, consumers at home and on the go choose: Kraft cheeses, dinners and dressings; Oscar Mayer meats, DiGiorno pizzas, Oreo cookies, Ritz crackers and chips, Philadelphia cream cheese, Milka and Cote d’Or chocolates, Planters nuts, Honey Bunches of Oats cereals, Jacobs, Gevalia and Maxwell House coffees; Capri Sun, Crystal Light and Tang refreshment beverages; and a growing range of South Beach Diet and better-for-you Sensible Solution options. For more information on Kraft Foods, please visit our website at www.kraft.com.