Holding(s) in Company

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: (   )

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) : ( X )

Placing and Open Offer

3. Full name of person(s) subject to the notification obligation:

Templeton Foreign Fund

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

JP Morgan Chase Bank

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

25 March 2009

6. Date on which issuer notified:

30 March 2009

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

6%

8. Notified details:

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 

127,186,290

127,186,290

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

147,619,726

Direct

Indirect147,619,726

Direct

Indirect6.16%

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

Number of voting rights

% of voting rights

147,619,726

6.16%

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

if applicable :

N/A

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:

N/A

14. Contact name:

Suzanne Wise, General Counsel & Company Secretary

15. Contact telephone number:

+44 (0) 1727 815 850