Irene Rosenfeld to Lead Global Snacks Company as Chairman and CEO

Tony Vernon Named CEO, John Cahill Named Chairman of North American Grocery
NORTHFIELD, Ill. – Dec. 5, 2011 – In the next step toward launching two world-class public companies, the Kraft Foods Inc. Board of Directors today announced the appointments of the Chairmen and Chief Executive Officers of the future global snacks and North American grocery companies. As previously announced, the company expects to complete the spin-off by the end of 2012.

When the new companies launch:

· Irene B. Rosenfeld, 58, currently Chairman and CEO of Kraft Foods, will be Chairman and CEO of the global snacks company, with $31 billion[1] in estimated revenue and a significant presence in numerous fast-growing, international markets.

· W. Anthony (Tony) Vernon, 55, currently Executive Vice President and President, Kraft Foods North America, will become Chief Executive Officer of the $17 billion1 North American grocery company,...