Holding(s) in Company

Premier Foods plc
20 December 2004


Premier Foods plc ('the Company')

Disclosure of Interest in Share Capital

On 20 December 2004 the Company received notification by Fidelity Investments
International of Windmill Court, Millfield Lane, Lower Kingswood, Tadworth,
Surrey KT20 6RG that, as at, 17 December 2004 Fidelity International Limited of
PO Box HM670, Hamilton HMCX, Bermuda and its direct and indirect subsidiaries
and FMR Corp of 82 Devonshire Street, Boston, MA 02109 and its direct and
indirect subsidiaries, being non- beneficial holders, had a notifiable interest
of 17,754,753 ordinary shares in the Company representing 7.25% of the issued
share capital. This followed a disposal of an interest in 4,196,132 shares.

The shares were held as follows:

Nominee/Registered Name            Management company              Shares held
-------------------------          --------------------            -------------
BANK OF NEW YORK EUROPE LDN        Fidelity International Ltd          828,400
TOTAL
JP MORGAN, BOURNEMOUTH TOTAL       Fidelity International Ltd          575,694
BROWN BROS HARRIMN LTD LUX TOTAL   Fidelity International Ltd            2,190
J P MORGAN, BOURNEMOUTH TOTAL      Fidelity Investment Services     10,070,274
                                   Ltd
BROWN BROTHERS HARRIMAN AND CO     Fidelity Management Trust            22,100
TOTAL                              Company
STATE STREET BANK AND TR CO        Fidelity Management Trust            38,700
TOTAL                              Company
BANK OF NEW YORK BRUSSELS TOTAL    Fidelity Pension Management       1,281,700
CLYDESDALE BANK PLC TOTAL          Fidelity Pension Management          56,400
HSBC BANK PLC TOTAL                Fidelity Pension Management         475,000
JP MORGAN, BOURNEMOUTH TOTAL       Fidelity Pension Management       1,414,200
MELLON BANK TOTAL                  Fidelity Pension Management         292,100
NORTHERN TRUST LONDON TOTAL        Fidelity Pension Management       1,665,395
STATE STREET BK AND TR CO LNDN     Fidelity Pension Management       1,032,600
TOTAL

The notifiable interests also include the notifiable interest of Mr Edward C
Johnson 3d of 82 Devonshire St, Boston, MA 02109 who is a principal shareholder
of Fidelity International Ltd and FMR Corp.

These notifications of disclosable interests constitute separate notifications
of interest in the shares. Nothing herein should be taken to indicate that FMR
Corp. and its direct and indirect subsidiaries, Fidelity International Ltd and
its direct and indirect subsidiaries or Mr Edward C Johnson 3d act as a group or
in concert in respect of the disclosed interests, or that they are required to
submit these notifications on a joint basis.

The notifiable interests also include interest held on behalf of authorised unit
trust schemes in the UK.






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