Acquisition of remaining shares in Knighton

Premier Foods plc ("Premier Foods" or the "Company")

24 May 2016

Acquisition of remaining shares in Knighton Foods Limited

Further to previous announcements, Premier Foods announces that it has today acquired, for a nominal sum, the 51% stake in Knighton Foods Limited that it did not previously own. As a result, Knighton Foods Limited is now a 100% owned subsidiary of the Company.

For further information please contact:

Andrew McDonald, General Counsel & Company Secretary +44 (0) 1727 815 850

Richard Johnson, Corporate Affairs Director +44 (0) 1727 815 850

Richard Godden, Head of Investor Relations +44 (0) 1727 815 850