Holding(s) in Company

RNS Number : 3969P

Premier Foods plc

24 March 2009

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:

WP X Investments I LTD

4. Full name of shareholder(s) (if different from 3.):

N/A

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

23 March 2009

6. Date on which issuer notified:

24 March 2009

7. Threshold(s) that is/are crossed or reached:

15%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if possible using the ISIN CODE	Situation previous to the Triggering transaction
Premier Foods Plc ISINGB00B01QLV45	Number of shares	Number of voting Rights
	19,483,608	19,483,608

Resulting situation after the triggering transaction

Class/type of shares if possible using the ISIN CODE

Number of shares

Number of voting rights

% of voting rights

Premier Foods Plc ISINGB00B01QLV45

Indirect

376,761,419

Direct

376,761,419

Indirect

Direct

15.71%

Indirect

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument	Expiration Date	Exercise/Conversion Period/ Date	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights
N/A

Total (A+B)

Number of voting rights	% of voting rights
376,761,419	15.71%

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

if applicable :

WP X Investments I Ltd. (376,761,419 shares) is a wholly owned subsidiary of WP X Investments II Ltd.

WP X Investments II Ltd. is a wholly owned subsidiary of WP X (as defined herein).

Warburg Pincus Private Equity X, L.P. and Warburg Pincus X Partners, L.P. (collectively 'WP X') are private equity funds managed by Warburg Pincus LLP ('WP LLC').

Warburg Pincus X, L.P. ('WP X LP') is the general partner of WP X.

Warburg Pincus X, LLC ('WP X LLC') is the general partner of WP X LP.

Warburg Pincus Partners, LLC is the sole member of WP X LLC.

Warburg Pincus & Co. is the managing member of Warburg Pincus Partners, LLC.

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: