Interest In Shares

Premier Foods plc
23 March 2007



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  )

Issue Share Capital Change.................



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

JP Morgan  Chase & Co



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

J.P.Morgan Investment Management Inc.

J.P.Morgan Trust Bank Ltd

J.P.Morgan Asset Management (Japan) Limited

J.P.Morgan Asset Management (UK) Limited

J.P.Morgan Chase Bank



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

16 March 2007



6. Date on which issuer notified:

22 March 2007



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

5% threshold



8. Notified details:

.................




A: Voting rights attached to shares


Class/type of shares if possible              Situation previous to the Triggering transaction
using the ISIN CODE
Premier Foods Plc                 Number of shares                   Number of voting Rights
ISINGB00B01QLV45                  24,800,618                         24,800,618



Resulting situation after the triggering transaction


Class/type of shares if      Number of shares         Number of voting rights           % of voting rights
possible using the ISIN CODE
                             Direct                   Direct       Indirect             Direct      Indirect
Premier Foods                0                        0            Below 5%             0           Below 5%
PlcISINGB00B01QLV45





B: Financial Instruments

Resulting situation after the triggering transaction


Type of         Expiration Date      Exercise/Conversion       Number of voting rights     % of voting rights
financial                            Period/ Date              that may be acquired if the
instrument                                                     instrument is exercised/
                                                               converted.





Total (A+B)
Number of voting rights        % of voting rights

Below 5%                       Below 5%




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

Total disclosable holdings for JP Morgan Chase & Co.: Below 5%

Holdings by controlled undertakings of JP Morgan Chase & Co. are as follows:

J.P.Morgan Investment Management Inc.

J.P.Morgan Trust Bank Ltd
J.P.Morgan Asset Management (Japan) Limited

J.P.Morgan Asset Management (UK) Limited



J.P.Morgan Chase Bank



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:

Please note the group has other holdings which are covered by exceptions.



14. Contact name:

Ricky Crump



15. Contact telephone number:

0207 777 3028


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