SCHEDULE II
                                  INFORMATION WITH RESPECT TO
                      TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR
                        SINCE THE MOST RECENT FILING ON SCHEDULE 13D (1)

                                             SHARES PURCHASED        AVERAGE
                                  DATE            SOLD(-)             PRICE(2)

           COMMON STOCK-KEEBLER FOODS

                    GABELLI SECURITIES, INC.
                                 1/26/01           20,000            41.8125
                    GABELLI ASSET MANAGEMENT INC.
                                 1/26/01           55,000            41.8125
                    GAMCO INVESTORS, INC.
                                 2/13/01            3,000-           41.9000
                                 2/12/01            1,000-           41.9500
                                 2/09/01           20,000            41.9400
                                 2/05/01            1,500-           41.8700
                                 2/02/01              500-           41.8900
                                 2/01/01              500-           41.8700
                                 1/31/01           15,000            41.8456
                                 1/31/01           50,000            41.8456
                                 1/30/01           22,000            41.8082
                                 1/26/01            5,000            41.7500
                                 1/24/01              167-           41.7500
                                 1/23/01            4,000            41.7500
                                 1/19/01              500-           41.6250
                                 1/18/01            8,000-           41.6875
                                 1/17/01           20,000            41.6875
                                 1/17/01            5,000            41.6875
                                 1/16/01            3,500            41.6250
                                 1/16/01            1,000-           41.6250
                                 1/12/01           30,000            41.6875
                                 1/09/01            3,500            41.6875
                                 1/04/01            4,300            41.6875
                                 1/03/01            1,700            41.5000
                                12/29/00            1,200-           41.5000
                    GABELLI ASSOCIATES LTD
                                 2/21/01            5,000            41.9100
                                 2/21/01           10,000            41.9117
                                 2/14/01           10,000            41.9000
                                 2/13/01           10,000            41.9000
                                 2/08/01            5,000            41.9000
                                 2/07/01            5,000            41.9000
                                 2/06/01              700            41.8800
                                 2/05/01            5,000            41.8800
                                 2/02/01            3,200            41.8956
                                 1/31/01            5,000            41.8150
                                 1/19/01           10,000            41.6250
                                 1/12/01            1,500            41.6250
                                 1/05/01           11,200            41.6250
                                 1/03/01           10,000            41.6250
                    GABELLI ASSOCIATES FUND
                                 2/21/01           20,000            41.9117
                                 2/14/01           10,000            41.9000
                                 2/13/01           10,000            41.9000
                                 2/08/01            5,000            41.9000
                                 2/07/01            5,000            41.9000
                                 2/05/01            5,000            41.8800



                                          SCHEDULE II
                                   INFORMATION WITH RESPECT TO
                       TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR
                          SINCE THE MOST RECENT FILING ON SCHEDULE 13D (1)

                                             SHARES PURCHASED        AVERAGE
                                  DATE            SOLD(-)             PRICE(2)

           COMMON STOCK-KEEBLER FOODS
                    GABELLI ASSOCIATES FUND
                                 2/02/01            3,200            41.8956
                                 1/31/01            5,000            41.8150
                                 1/25/01           20,000            41.6875
                                 1/19/01           10,000            41.6250
                                 1/08/01           10,000            41.6250
                                 1/04/01            7,000            41.6250
                                 1/03/01           10,000            41.6250
                     GABELLI FUNDS, LLC.
                         GABELLI EQUITY TRUST
                                 1/22/01          100,000            41.6875
                                 1/16/01           28,200            41.6250
                         GABELLI EQUITY INCOME FUND
                                 1/22/01           40,000            41.6875
                                 1/17/01           25,000            41.6875
                         GABELLI ASSET FUND
                                 1/12/01           45,000            41.6875
                                 1/02/01              700            41.4375
                         GABELLI CAPITAL ASSET FUND
                                 1/18/01            6,600            41.6875
                         GABELLI ABC FUND
                                 2/21/01           25,000            41.9200
                                 1/30/01           70,000            41.8500
                                 1/23/01           50,000            41.7500
                                 1/02/01           31,000            41.4375


          (1) UNLESS OTHERWISE INDICATED, ALL TRANSACTIONS WERE EFFECTED
              ON THE NYSE.

          (2) PRICE EXCLUDES COMMISSION.