Speculation re Campbell's

Premier Foods plc
10 July 2006


                SPECULATION REGARDING CAMPBELL'S UK AND IRELAND

Premier Foods plc ('Premier') notes the recent press speculation concerning its
interest in an acquisition of the Campbell's UK and Ireland business. Premier
confirms that it is in non-exclusive discussions to acquire the business.

There can be no assurance that these discussions will lead to a transaction.

Michael Berkeley
Justin Griffiths
Citigate Dewe Rogerson                 Tel:     [phone]


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