Interest in Shares

Premier Foods plc
09 March 2007


TR-1:               Notification of major interests in shares

1. Identity of the issuer or the underlying issuer of existing             Premier Foods plc
shares to which voting rights are attached:

2. Reason for the notification     (please tick the appropriate box or boxes)

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                      JP Morgan  Chase & Co
obligation:

4. Full name of shareholder(s) (if different from 3.):             J.P.Morgan Investment Management Inc.

                                                                         J.P.Morgan Trust Bank Ltd

                                                                    J.P.Morgan Asset Management (Japan)
                                                                                  Limited

                                                                 J.P.Morgan Asset Management (UK) Limited

                                                                           J.P.Morgan Chase Bank


5. Date of the transaction (and date on which the threshold is                 6 March 2007
crossed or reached if different):
6. Date on which issuer notified:                                                 7 March
7. Threshold(s) that is/are crossed or reached:                                5% threshold
8. Notified details:


A: Voting rights attached to shares
Class/type of shares Situation previous to   Resulting situation after the triggering transaction
                     the Triggering
 if possible using   transaction
the ISIN CODE        Number of   Number of   Number of    Number of voting rights  % of voting rights
                     Shares      Voting      shares
                                 Rights      Direct       Direct      Indirect     Direct     Indirect

Premier Foods Plc    Below 5%    Below 5%    0            0           24,869,932   0          5.02
(ISINGB00B01QLV45


B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial    Expiration date Exercise/ Conversion      Number of voting rights    % of voting
instrument                           Period/ Date              that may be acquired if    rights
                                                               the instrument is
                                                               exercised/ converted.
      N/A


Total (A+B)
Number of voting rights                            % of voting rights

24,869,932                                         5.02


9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively
held, if applicable:

Total disclosable holdings for JP Morgan Chase & Co.: 24,869,932 voting rights (5.02%)

Holdings by controlled undertakings of JP Morgan Chase & Co. are as follows:

J.P.Morgan Investment Management Inc.

J.P.Morgan Trust Bank Ltd

J.P.Morgan Asset Management (Japan) Limited

J.P.Morgan Asset Management (UK) Limited

J.P.Morgan Chase Bank


Proxy Voting:

10. Name of the proxy holder:                                                       N/A

11. Number of voting rights proxy holder will cease to hold:                        N/A

12. Date on which proxy holder will cease to hold voting rights:                    N/A


13. Additional information:                  Please note the group has other holdings which are covered by
                                             exceptions.

14. Contact name:                            Katie Green

15. Contact telephone number:                0207 777 3028



Annex Notification Of Major Interests In Shares

A: Identity of the person or legal entity subject to the notification obligation

Full name (including legal form for legal entities)                     JP Morgan Chase & Co.

Contact address (registered office for legal entities)           270 Park Avenue, New York, NY 10017

Phone number                                                               001 212 270 6000

Other useful information (at least legal representative
for legal persons)


B:        Identity of the notifier, if applicable

Full name                                                  Katie Green
Contact address                                            JP Morgan Chase, 13 floor, 125 London Wall,
                                                           London EC2Y 5AJ
Phone number                                               0207 777 3028

Other useful information (e.g. functional relationship
with the person or legal entity subject to the
notification obligation)


C:        Additional information





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