Major interests in shares

Associated British Foods PLC 19 March 2007 Associated British Foods plc 19 March 2007 TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii): Associated British 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): Initial notification, made under TP7 3. Full name of person(s) subject to the notification obligation (iii): A. Garfield Weston Foundation B. Wittington Investments Limited C. Howard Investments Limited 4. Full name of shareholder(s) (if different from 3.) (iv): Wittington Investments Limited Howard Investments Limited 5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): Not applicable - this notification is made under TP7 6. Date on which issuer notified: March 19, 2007 7. Threshold(s) that is/are crossed or reached: See 5 above 8. Notified details: A. Garfield Weston Foundation owns 79.2% of the issued share capital of Wittington Investments Limited; B. Wittington Investments Limited owns 431,518,108 ordinary shares (50.9%) of the Issuer's issued ordinary capital; C. Wittington Investments Limited owns 100% of the issued share capital of Howard Investments Limited, which owns 28,173,889 ordinary shares (3.6%) of the Issuer's issued ordinary share capital; D. The Garfield Weston Foundation indirectly owns 431,515,108 ordinary shares (54.5%) in the Issuer, making the Foundation the Issuer's ultimate controlling party. A: Voting rights attached to shares Class/type of shares if possible Situation previous to the Triggering transaction (vi) using the ISIN CODE Number of shares Number of voting Rights (viii) Ordinary shares of 431,515,108 431,515,108 5 15/22 pence each ISIN Code: GB0006731235 Resulting situation after the triggering transaction (vii) Class/type of shares if Number of shares Number of voting rights (ix) % of voting rights possible using the ISIN CODE Direct Direct (x) Indirect (xi) Direct Indirect As above. No change in situation - TP7 applies Wittington Investments 403,341,215 403,341,215 28,173,893 50.9 3.6 Limited Howard Investments Limited 28,173,893 28,173,893 - 3.6 Garfield Weston Foundation - - 431,515,108 54.5 B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Date Exercise/Conversion Number of voting rights % of voting rights financial (xiii) Period/ Date (xiv) that may be acquired if the instrument instrument is exercised/ converted. N/A Total (A+B) Number of voting rights % of voting rights 431,515,108 54.5% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): a.Garfield Weston Foundation to Wittington Investments Limited: b. Wittington Investments Limited to i) Howard Investments Limited to the Issuer; and (ii) the Issuer. 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: This notification is made to satisfy the notifying parties' obligations on the coming into force of the Disclosure and Transparency Rules and the Transitional Provisions 14. Contact name: Rosalyn Mendelsohn Deputy Company Secretary Associated British Foods plc 15. Contact telephone number: 020 7399 6500 This information is provided by RNS The company news service from the London Stock Exchange
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