Kraft Foods to Webcast Presentation at Consumer Analyst Group of New York Conference.

NORTHFIELD, Ill. -- Kraft Foods Inc. (NYSE:KFT), a global leader in branded foods and beverages, will host a live audio webcast of the company's presentation at the annual Consumer Analyst Group of New York (CAGNY) Conference at www.kraft.com on Tuesday, February 20, 2007 at 12:45 pm ET. By logging on to www.kraft.com, listeners can both hear remarks by Irene Rosenfeld, Kraft CEO, as well as see the slides she shows at CAGNY.

During her presentation, Rosenfeld will present Kraft's comprehensive, three-year strategy to accelerate the company's growth and outline 2007 earnings guidance and the company's long-term financial outlook. Rosenfeld's presentation and question and answer session will be approximately one hour in length. Only CAGNY attendees will be able to ask questions, but listeners will be able to hear the question and answer session.

An archived rebroadcast and slides will be available on the company's website, www.kraft.com, for one year following the webcast.

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.