A.    No action is required by current Kraft shareholders. Following the Spin-off from Altria, Kraft will be an independent public company.

For more information please visit Altria's website.

A.    No, following the distribution of Kraft shares to Altria shareholders, only Class A common shares of Kraft will be outstanding. Class B shares were converted to Class A shares before the distribution.

For more information please visit Altria's website.

A.    Class B shares were converted to Class A shares before the distribution of Kraft shares to Altria shareholders. The total number of shares remained the same. As of September 30, 2007, there were approximately 1.547 billion shares of outstanding, comprised entirely of Class A common shares.

A.    If you are a Registered Shareholder, please contact Kraft's transfer agent, Wells Fargo Shareowner Services. You may contact Wells Fargo Shareowner Services either through mail or by phone.

Wells Fargo Shareowner Services (Kraft Foods Inc.)
 

PO Box 64874

St Paul , Minnesota 55164-0874

or by phone 1-866-655-7238

If you are a Beneficial Shareholder (i.e., your shares are held through a financial institution such as a bank or a broker) please contact your financial institution.

A.    On March 22, 2007, Standard & Poor's announced that Kraft Foods Inc. will replace Eastman Kodak Co. (NYSE: EK) in the S&P 100 and Sabre Holdings Corp. (NYSE: TSG) in the S&P 500 after the close of trading on Friday, March 30, 2007.

A.    The "when issued" trading for Kraft stock occurred from March 13, 2007 through March 30, 2007. There is no longer a "when issued" market for Kraft.

A.    As stated in Kraft's initial public offering prospectus dated June 12, 2001, we intend to pay regular quarterly dividends. Our annual rate will depend on our financial results and action by our board of directors.

Dividend Information, including our dividend history and anticipated future dividend dates are available on our website for your reference.

A.     For information related to the tax basis of Altria and Kraft stock, please visit Altria's website.

A.    For information related to the tax implications of the Kraft Spin-off, please visit Altria's website.

A.    For information about changes to your stock option grant prices please contact UBS at 1-800-315-5250.

A.    Kraft shares received as a result of the Spin-off will automatically be enrolled in the Kraft Direct Stock Purchase and Dividend Reinvestment Plan, unless you notify Wells Fargo Shareowner Services, the administrator of the Kraft DSPP/DRP, that you do not wish to reinvest any Kraft cash dividends in additional Kraft shares. You can contact Wells Fargo Shareowner Services at 1-866-655-7238 (from within the U.S. and Canada) or 1-651-450-4064 (from outside the U.S. and Canada).

A.    Yes. As with the Altria DSPP/DRP, the Kraft DSPP/DRP, sponsored by Wells Fargo Shareowner Services, requires payment by the participant of the brokerage commissions and dividend reinvestment-related fees. These commissions and fees will automatically be deducted from your plan account, unless you withdraw from the Kraft DSPP/DRP. To withdraw from the Kraft DSPP/DRP, you must notify Wells Fargo Shareowner Services Trusted Company, the administrator of the Kraft DSPP/DRP, by sending them an email or by calling 1-866-655-7238 (from within the U.S. and Canada) or 1-651-450-4064 (from outside the U.S. and Canada).

A.    Information about the fee schedule associated with the Kraft DSPP/DRP can be found in the Kraft Plan brochure on the Wells Fargo Shareowner Services website.

A.    If you do not wish to participate in the Kraft DSPP/DRP, you must notify Wells Fargo Shareowner Services Trust Company, the administrator of the Kraft DSPP/DRP, by sending them an email or by calling 1-866-655-7238 (from within the U.S. and Canada) or 1-651-450-4064 (from outside the U.S. and Canada).

A.    Altria stated in its January 31, 2007 press release, that the separation of Altria and Kraft will benefit both parties and will achieve the following results:

• Enhance Kraft's ability to make acquisitions, including by using Kraft stock as acquisition currency, to compete more effectively in the food industry;
• Allow management of Altria and Kraft to focus more effectively on their respective businesses;
• Provide greater aggregate debt capacity to Altria and Kraft;
• Permit Altria and Kraft to target their respective shareholder bases more effectively and improve capital allocation within each company; and
• Improve Kraft's ability to recruit and retain management and independent directors.

For more information please visit Altria's website.

A.    Following the Spin-off from Altria, Kraft will be an independent public company.

In connection with the Spin-off, Altria expects to enter into certain agreements with Kraft to define responsibility for obligations arising before and after the Spin-off, including, among others, obligations relating to employees, certain transition services and taxes.

For more information please visit Altria's website.

A.    Kraft's Board of Directors announced in its January 31, 2007 press release, changes to the board leadership structure of an independent Kraft, which will be effective on the distribution date, March 30, 2007.

• Louis Camilleri stepped down as Chairman of Kraft but, at the request of the Kraft Board, continue to serve on Kraft's Board of Directors.
• Kraft's Chief Executive Officer, Irene B. Rosenfeld, was elected to the additional post of Chairman.
• Dinyar S. Devitre and Charles R. Wall stepped down from the Board.
• Mary Schapiro was appointed Lead Director.

Additionally, in a January 29, 2007 press release Kraft announced the election of Ajay Banga to its Board of Directors.

In a March 5, 2007 press release Kraft announced that the board of directors nominated Mark D. Ketchum for election at the Annual Meeting of Stockholders to be held on April 24, 2007.

In addition, in an April 2, 2007 press release Kraft announced, effective March 30, Mary Schapiro, Chairman and CEO of the National Association of Securities Dealers, Inc., was appointed Lead Director.

Finally, in a December 7, 2007 press release Kraft appointed Myra M. Hart and Fredric G. Reynolds to its board of directors. Kraft also announced that Louis Camilleri, Chairman and CEO of Altria Group, Inc., stepped down from the board.

Here is list of Kraft's current board members

For more information please visit Altria's website.

A.    The Kraft Spin-off by itself will not have any significant impact on Kraft's capital structure.

For more information please visit Altria's website.

A.    Kraft maintains regular contact with the rating agencies, which make independent assessments of the company's credit quality. Ratings announcements, if any, will be based on their own evaluations.

For more information please visit Altria's website.

A.    Bond values are impacted by many different market factors, including credit ratings. Kraft does not plan to repurchase its bonds in connection with the Spin-off.

For more information please visit Altria's website.

A.    If you are eligible for, or have an account balance in, any of the Kraft savings plans in the U.S. or Canada, you will receive a letter in the mail explaining the affect of the Spin-off on these plans. Current Kraft employees may also access the Kraft intranet from their computer at work for information. For information about the impact on your Altria stock options, restricted stock or deferred stock, go to Altria's website.

A.    Kraft employees who currently participate in Altria's Employee Stock Purchase Plan will receive a letter in the mail from Computershare, Altria's transfer agent, explaining the affect of the Spin-off on your participation in that plan. Following the Spin-off, Kraft employees will no longer be able to participate in the Altria Employee Stock Purchase Plan. Your last payroll statement in February 2007 reflects the final pre-spin-off deduction that will be applied toward the purchase of Altria shares for your account under the Employee Plan. Your payroll deductions will cease automatically, without any action by you. At this time, Kraft does not have an Employee Stock Purchase Plan.