Attached files

file filename
8-K - FORM 8-K - Mondelez International, Inc.d8k.htm
EX-99.1 - KRAFT FOODS INC. PRESS RELEASE, DATED NOVEMBER 3, 2009. - Mondelez International, Inc.dex991.htm
EX-99.6 - REPORT OF REPORTING ACCOUNTANT, PRICEWATERHOUSECOOPERS LLP - Mondelez International, Inc.dex996.htm
EX-99.7 - REPORT ON PROFIT FORECASTS BY KRAFT FOODS INC. OF THE FINANCIAL ADVISORS - Mondelez International, Inc.dex997.htm
EX-99.3 - INDEPENDENT REVIEW REPORT TO KRAFT FOODS INC. OF PRICEWATERHOUSECOOPERS LLP - Mondelez International, Inc.dex993.htm
EX-99.5 - PROFIT FORECAST INCLUDING BASES AND ASSUMPTIONS - Mondelez International, Inc.dex995.htm
EX-99.2 - CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - Mondelez International, Inc.dex992.htm

Exhibit 99.4

 

Lazard & Co., Limited

50 Stratton Street

London

W1J 8LL

United Kingdom

 

Centerview Partners UK LLP

Ryder Court

14 Ryder Street

London

SW1 6QB

United Kingdom

Citigroup Global Markets Limited

Citigroup Centre

Canada Square

London

E14 5LB

United Kingdom

 

Deutsche Bank AG, London Branch

Winchester House

1 Great Winchester Street

London

EC2N 2DB

United Kingdom

 

To: The Directors

Kraft Foods Inc.

Three Lakes Drive

Northfield

Illinois

60093

United States of America

3 November 2009

Dear Sirs

Report by the financial advisers to Kraft Foods Inc. in connection with the unaudited profit figures contained within the unaudited condensed consolidated financial statements for the three and nine months ended 30 September 2009

We refer to the unaudited profit figures (the “Unaudited Profit Figures”) contained within the announcement dated 3 November 2009 of the unaudited condensed consolidated financial statements for Kraft Foods Inc. (“Kraft Foods”) for the three and nine months ended 30 September 2009 (“Third Quarter Financial Information”).

We have read the Third Quarter Financial Information including the independent review report of the Third Quarter Financial Information (“Independent Review Report”) prepared for Kraft Foods by PricewaterhouseCoopers LLP, auditors to Kraft Foods. We have discussed the Third Quarter Financial Information and the Independent Review Report with the executive officers of Kraft Foods. We have relied upon the accuracy and completeness of all the financial and other information provided by Kraft Foods in the Third Quarter Financial Information and have assumed such accuracy and completeness for the purposes of delivering this letter.

This letter to you is solely in connection with Rule 28.3(b) of the City Code on Takeovers and Mergers and for no other purpose. Accordingly, save for any responsibility that we may have to those persons to whom this letter is expressly addressed, to the fullest extent permitted by law we do not assume any responsibility and will not accept any liability to any person for any loss suffered by any such person as a result of, or in connection with, this letter.

 

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On the basis of the foregoing, we consider that the Unaudited Profit Figures, for which you in your capacity as directors are solely responsible, for the purposes of the City Code on Takeovers and Mergers, have been prepared with due care and consideration by the directors.

Each of Lazard & Co., Limited, Centerview Partners UK LLP, Citigroup Global Markets Limited and Deutsche Bank AG, London Branch has given and not withdrawn its consent to the publication of the Third Quarter Financial Information dated 3 November 2009 with the inclusion of this letter and the references to its name in the form and context in which they appear.

 

Yours faithfully,  
for and on behalf of  
Lazard & Co., Limited   Centerview Partners UK LLP
Citigroup Global Markets Limited   Deutsche Bank AG, London Branch

Lazard & Co., Limited, which is authorised and regulated by the Financial Services Authority in the United Kingdom, is acting as financial adviser to Kraft Foods and no one else in connection with the possible offer by Kraft Foods for Cadbury plc (the “Possible Offer”) and will not be responsible to anyone other than Kraft Foods for providing the protections afforded to clients of Lazard or for providing advice in relation to the Possible Offer or for any other matter referred to herein.

Centerview Partners UK LLP, which is authorised and regulated by the Financial Services Authority in the United Kingdom, is acting as financial adviser to Kraft Foods and no one else in connection with the Possible Offer and will not be responsible to anyone other than Kraft Foods for providing the protections afforded to clients of Centerview Partners UK LLP or for providing advice in relation to the Possible Offer or for any other matter referred to herein.

Citigroup Global Markets Limited, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting as financial adviser and corporate broker to Kraft Foods and no one else in connection with the contents of this announcement and the Possible Offer and will not be responsible to any person other than Kraft Foods for providing the protections afforded to clients of Citigroup Global Markets Limited, nor for providing advice in relation to the Possible Offer or any matter referred to herein.

Deutsche Bank AG is authorised under German Banking Law (competent authority: BaFin—Federal Financial Supervisory Authority) and authorised and subject to limited regulation by the Financial Services Authority. Details about the extent of Deutsche Bank AG’s authorisation and regulation by the Financial Services Authority are available on request. Deutsche Bank AG is acting as financial adviser and corporate broker to Kraft Foods and no one else in connection with the Possible Offer and will not be responsible to anyone other than Kraft Foods for providing the protections afforded to the clients of Deutsche Bank AG nor for providing advice in relation to the Possible Offer or any other matter referred to herein.

 

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