Trading Statement

Premier Foods plc 12 July 2005 Premier Foods plc Trading Update for the half year to 2 July 2005 The trading outlook for the year remains in line with our expectations. The grocery business continues to make progress after a slow January and we are looking forward to an improved second half when a number of our new products will be launched into the market place. The Birds business acquired in February is trading in line with expectations and the integration continues to progress well. We have identified that we will be able to further enhance the efficiency in our Knighton factory by replacing all the acquired production lines. This replacement will take slightly longer to implement than the transfer of the acquired lines and means that we will continue using the production facilities at Kraft's factory in Banbury until the end of the year. We are excited by prospects for Quorn and have begun the development and implementation of our detailed plans for the business, following the completion of the acquisition on 6 June. Trading conditions continue to be difficult at MBM and we do not anticipate seeing any improvement until 2006. With regard to Sudan 1 the position remains unchanged from our previous statements in that we have no material financial exposure. Our insurer, through their loss adjuster, is in discussion with claimants regarding potential settlements. Premier Foods will provide an update on the effect of its implementation of IFRS and take questions via a conference call at 10:30am today Tuesday, 12 July 2005. The conference call number is 020 8322 3331, password 'Premier Foods', with a telephone replay facility on 020 7081 9440, account number 801102, pass number 050712, for 7 days. The IFRS update slides are available at http:// www.premierfoods.co.uk/about/investor/financial/financial-presentations.cfm from 9:00am. Premier Foods will be releasing its interim results for the 6 months to 2 July 2005 on 6 September 2005. Premier Foods will be hosting a presentation to analysts at 9:00am on 6 September 2005 at ABN AMRO's offices, 250 Bishopsgate, London EC2M 4AA. Premier Foods plc Tel: 01727 815 850 Paul Thomas, Finance Director Gwyn Tyley, Investor Relations Manager Citigate Dewe Rogerson Tel: 020 7638 9571 Michael Berkeley, Sara Batchelor, Anthony Kennaway This information is provided by RNS The company news service from the London Stock Exchange
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