Bridge Loan Repayment

Premier Foods plc
14 September 2006

Premier Foods plc
14 September 2006



NOT FOR DISTRIBUTION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN OR INTO THE
  UNITED STATES, CANADA, JAPAN, AUSTRALIA OR THE REPUBLIC OF SOUTH AFRICA



                               PREMIER FOODS PLC



REPAYMENT OF BRIDGE FACILITY IN CONNECTION WITH THE ACQUISITION OF CAMPBELL'S UK
                        AND THE ASSOCIATED RIGHTS ISSUE



Premier Foods plc ('Premier') today announces that, following the closing of the
Rights Issue in connection with the acquisition of the UK and Irish businesses
of Campbell Soup Company ('Campbell's UK') from Campbell Soup Company, the
bridge facility of £450 million has been repaid in full.  The bridge facility
was provided by Merrill Lynch International and ABN AMRO Bank N.V. in order to
facilitate completion of the Acquisition on 15 August 2006, following
shareholder approval of the Acquisition and before the Rights Issue closed.


Merrill Lynch International acted as sole global co-ordinator, sole bookrunner,
joint underwriter and joint broker to the Rights Issue.  Hoare Govett Limited
acted as joint underwriter and joint broker to the Rights Issue


It is expected that definitive share certificates in respect of New Ordinary
Shares in certificated form will be dispatched to shareholders by 15 September
2006.


Definitions used in the prospectus dated 27 July 2006 shall have the same
meanings when used in this announcement, unless the context requires otherwise.



This announcement has been issued by, and is the sole responsibility of,
Premier.


The information contained in this announcement is not for release, publication
or distribution to persons in the United States, Canada, Japan, Australia or the
Republic of South Africa or any other jurisdiction where doing so may constitute
a violation of local securities laws.  This announcement is not an offer of
securities for sale into the United States.  The New Ordinary Shares have not
been and will not be registered under the US Securities Act of 1933, as amended,
and may not be offered or sold, directly or indirectly, in the United States
absent registration or an exemption from registration.  The New Ordinary Shares
have not been and will not be registered with any regulatory authority of any
state within the United States.  There will be no public offer of securities in
the United States.




                      This information is provided by RNS
            The company news service from the London Stock Exchange                   UC