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: ( 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:

Aberdeen Asset Management PLC's Fund Management Operating Subsidiaries

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):

10 September 2008

6. Date on which issuer notified:

11 September 2008

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

12%

8. Notified details:

Class/type of shares if possible using the ISIN CODE

Situation previous to the Triggering transaction

Number of shares

Number of voting Rights 

Ordinary shares of 1p each 

GB00B01QLV45

107,622,470

107,622,470

Class/type of shares if possible using the ISIN CODE

Number of shares 

Number of voting rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

Ordinary shares of 1p each 

GB00B01QLV45

99,196,470

11.74%

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

Number of voting rights

% of voting rights

99,196,470

11.74%

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

if applicable :

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:

Suzanne Wise, General Counsel & Company Secretary

15. Contact telephone number:

+44 (0)1727 815 850