Holding(s) in Company

Premier Foods plc 15 January 2008 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Premier Foods plc 2. Reason for the notification (please place an X inside the appropriate bracket/s): An acquisition or disposal of voting rights: ( X ) An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( ) An event changing the breakdown of voting rights: ( ) Other (please specify) : ( ) ................. 3. Full name of person(s) subject to the notification obligation: Franklin Mutual Advisers, LLC 4. Full name of shareholder(s) (if different from 3.) : Bank of New York London JP Morgan Chase London 5. Date of the transaction (and date on which the threshold is crossed or reached if different): 11 January 2008 6. Date on which issuer notified: 14 January 2008 7. Threshold(s) that is/are crossed or reached: 6% 8. Notified details: ................. A: Voting rights attached to shares Class/type of shares if possible Situation previous to the Triggering transaction using the ISIN CODE Number of shares Number of voting Rights Ordinary shares of 1p each 42,351,311 5.01% GB00B01QLV45 Resulting situation after the triggering transaction Class/type of shares if Number of shares Number of voting rights % of voting rights possible using the ISIN CODE Indirect Direct Indirect Direct Indirect Ordinary shares of 1p each 50,910,683 6.03% GB00B01QLV45 B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Date Exercise/Conversion Number of voting rights % of voting rights financial Period/ Date that may be acquired if the instrument instrument is exercised/ converted. Total (A+B) Number of voting rights % of voting rights 50,910,683 6.03% 9. Chain of controlled undertakings through which if applicable : the voting rights and/or the financial instruments are effectively held ................. Proxy Voting: 10. Name of the proxy holder: ................. 11. Number of voting rights proxy holder will cease to hold: ................. 12. Date on which proxy holder will cease to hold voting rights: ................. 13. Additional information: ................. 14. Contact name: ................. 15. Contact telephone number: ................. This information is provided by RNS The company news service from the London Stock Exchange
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