Preference Share Offer Update

Greencore Group PLC
9 March 2001


                            For immediate release
 Not for release, publication or distribution in or into the United States,
                         Canada, Australia or Japan
                                      
                      Greencore Group plc ('Greencore')
                                      
     Cash offer for the preference share capital of Hazlewood Foods plc
                                ('Hazlewood')
                                      
Greencore announces that the Preference Share Offer for the Hazlewood
Preference Shares, as set out in the offer document dated 2 February 2001
(the 'Offer Document'), has become unconditional as to acceptances and has
also therefore become wholly unconditional.  As at 3.00 p.m. on 8 March 2001,
the second closing date of the Preference Share Offer, valid acceptances of
the Preference Share Offer had been received in respect of 54,037 Hazlewood
Preference Shares, representing 90.1 per cent. of the issued preference share
capital of Hazlewood.
                                      
The Preference Share Offer will remain open for acceptance until further
notice.  As stated in the Offer Document, the Offeror now intends to proceed
with the compulsory acquisition of outstanding Hazlewood Preference Shares,
and to procure the cancellation of listing and admission to trading of all
the Hazlewood Preference Shares by the UK Listing Authority and London Stock
Exchange.  It is expected that such cancellations will take effect on or
following 9 April 2001.
                                      
Terms used in this announcement have the same meaning as in the Offer
Document. Prior to the commencement of the Preference Share Offer Period, the
Offeror owned no Hazlewood Preference Shares and, save as disclosed above,
has not since acquired any interest in any Hazlewood Preference Shares.

                                      
9 March 2001

Enquiries:

Greencore                                                    [phone]
Ben Power

Salomon  Brothers  International Limited, trading as Schroder  Salomon  Smith
Barney  ('Schroder Salomon Smith Barney'), which is regulated in  the  United
Kingdom  by  The  Securities and Futures Authority  Limited,  is  acting  for
Greencore  and the Offeror and no one else in connection with the  Preference
Share Offer , and will not be responsible to  anyone other than Greencore and
the  Offeror  for providing the protections afforded to customers of Schroder
Salomon  Smith Barney or for providing advice to any other person in relation
to the Preference Share Offer.