Rights Issue

Premier Foods plc
07 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

                          RESULTS OF RIGHTS ISSUE AND
                         SUCCESSFUL PLACEMENT OF RUMP



Premier Foods plc (the 'Company') today announces that it has received valid
acceptances in respect of 242,378,218 New Ordinary Shares, representing
approximately 97.79% of the total number of New Ordinary Shares offered to
Shareholders pursuant to the fully underwritten Rights Issue announced by the
Company on 12 July 2006.



A total of 247,848,157 New Ordinary Shares were offered to Shareholders in the
Rights Issue, which closed at 11.00 a.m. on 7 September 2006.



It is expected that the New Ordinary Shares in uncertificated form will be
credited to CREST accounts on 8 September 2006 and that definitive share
certificates in respect of New Ordinary Shares in certificated form will be
dispatched to shareholders by 15 September 2006.



Merrill Lynch International and Hoare Govett have procured subscribers for the
remaining 5,469,939 New Ordinary Shares for which valid acceptances were not
received at a price of 269.5 pence per New Ordinary Share.  Accordingly,
sub-underwriters will not be required to subscribe for any New Ordinary Shares.



The net proceeds, after deduction of the Issue Price of 185 pence per New
Ordinary Share and the expenses of procuring subscribers (including any related
value added tax), will, save for amounts less than £5, be paid to those persons
whose rights have lapsed in accordance with the terms of the Rights Issue, pro
rata to their lapsed provisional allotments.



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



For further information, please contact:

Premier: 01727 815 850
Robert Schofield, Chief Executive
Paul Thomas, Finance Director
Robert Lawson, M&A and Investor Relations Director
Gwyn Tyley, Investor Relations Manager

Merrill Lynch International: 020 7996 1000
Peter Tracey
Chris Snoxall
Peter Brown

Hoare Govett Limited: 020 7678 8000
Ranald McGregor-Smith
Jeremy Thompson

Citigate Dewe Rogerson: 020 7638 9571
Michael Berkeley
Sara Batchelor
Justin Griffiths



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



Merrill Lynch International, which is authorised and regulated in the United
Kingdom by the Financial Services Authority, is acting as joint broker and joint
underwriter to the Company in connection with the Rights Issue and will not be
responsible to any person other than the Company for providing the protections
afforded to customers of Merrill Lynch International, or for advising any such
person on the contents of this announcement or any other transaction,
arrangement or matter referred to herein.



Hoare Govett Limited, which is authorised and regulated in the United Kingdom by
the Financial Services Authority, is acting as joint broker and joint
underwriter to the Company in connection with the Rights Issue and will not be
responsible to any person other than the Company for providing the protections
afforded to customers of Hoare Govett Limited, or for advising any such person
on the contents of this announcement or any other transaction, arrangement or
matter referred to herein.



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