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 )

Disaggregation and voting discretion change

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

JPMorgan Asset Management Holdings Inc.

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

J P Morgan Asset Management (UK) Limited

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

16 February 2009

6. Date on which issuer notified:

18 February 2009

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

5% downwards

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 

42,268,563

42,268,563

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

40,622,310

Direct

Indirect40,622,310

Direct

Indirect4.81%

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

40,622,310

4.81%

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

if applicable :

Total disclosable holding for JPMorgan Asset Management Holdings Inc.: 40,622,310 (4.81%)

JPMorgan Asset Management (UK) Limited: 40,622,310 (4.81%)

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:

Change to major shareholding reporting under Directive 2004/109/EC Transparency Directive (Disaggregation) & Voting Discretion change 

14. Contact name:

Suzanne Wise, General Counsel & Company Secretary

15. Contact telephone number:

+44 (0) 1727 815 850