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Tuesday 30 October, 2001

WT Tiger 3 Limited

Offer Update

WT Tiger 3 Limited
30 October 2001


                                                                 30 October 2001


             Not for release, publication or distribution in or into
                 the United States, Canada, Australia or Japan


                             Recommended cash offer
                                for WT Foods plc
           by Rabobank International on behalf of W T Tiger 3 Limited


                 Extension of the Offer and level of acceptances


Rabobank International announces on behalf of W T Tiger 3 Limited ('Tiger
Three') that it is extending the Offer for WT Foods plc ('WT Foods') to 3.00
p.m. on 12 November 2001.

As at 3.00 p.m. on 29 October 2001, being the first closing date of the Offer,
valid acceptances of the Offer had been received in respect of a total of
128,910,680 Ordinary Shares representing approximately 84.6 per cent. of the
current issued share capital of WT Foods and approximately 87.7 per cent. of
all the Ordinary Shares to which the Offer relates.

Prior to the announcement of the Offer, Tiger Three had received irrevocable
undertakings to accept and letters of support for the Offer in respect of, or
otherwise agreed to purchase, 82,937,085 Ordinary Shares representing 51.9 per
cent. of the issued share capital of WT Foods on a fully diluted basis.  Of the
valid acceptances received by Tiger Three in respect of the Offer, 71,427,963
Ordinary Shares relate to the irrevocable undertakings and letters of support
received prior to the announcement of the Offer.

As at the close of business on 7 June 2001 (being the date immediately prior to
the commencement of the Offer period), persons deemed to be acting in concert
with Tiger Three owned 21,980,348 Ordinary Shares (or rights over Ordinary
Shares), representing approximately 13.8 per cent. of the issued ordinary share
capital of WT Foods on a fully diluted basis, of which 10,625,365 Ordinary
Shares are subject to the Management Exchange Agreement and therefore not
subject to the Offer.  All of these 21,980,348 Ordinary Shares are either
subject to irrevocable undertakings or otherwise being conditionally sold to
Tiger Three as referred to in the immediately preceding paragraph.

Save as disclosed above, neither Tiger Three nor any person acting, or deemed
to be acting, in concert with Tiger Three owned any Ordinary Shares (or rights
over Ordinary Shares) on 7 June 2001 (being the date immediately prior to the
commencement of the Offer period), or has acquired or agreed to acquire any
Ordinary Shares (or rights over Ordinary Shares) during the Offer period.

Accordingly, as at 3.00 p.m. on 29 October 2001, Tiger Three had received valid
acceptances in respect of, irrevocable undertakings to accept, or otherwise
agreed to purchase, a total of 140,419,802 Ordinary Shares, representing
approximately 87.9 per cent. of the issued ordinary share capital of WT Foods
on a fully diluted basis.

The Offer is subject to the terms and conditions set out in the Offer Document
and Form of Acceptance. Ordinary Shareholders who wish to accept the Offer and
have not yet done so should despatch their Forms of Acceptance as soon as
possible.

Words and expressions defined in the Offer Document dated 6 October 2001 shall,
unless the context otherwise requires, have the same meaning when used in this
announcement.

Enquiries:

Bridgepoint Capital    020 7374 3670       Brunswick Group         020 7404 5959
James Murray           07802 259 761       Jonathan Glass
                                           Patrick Handley


Tiger Three            01707 322 332       Rabobank International  020 7809 3000
Keith Stott                                John Cripps
Rod Garland                                Barry Leighton
                                           Andrew Robinson


WT Foods               020 7600 4800       Hoare Govett            020 7678 8000
Philip Lovegrove                           Philip Dayer


The Offer is not being made, directly or indirectly, in or into the United
States, or by use of the mails, or by any means or instrumentality of
interstate or foreign commerce, or any facilities of a national securities
exchange, of the United States (or any area subject to its jurisdiction or any
political subdivision thereof), nor is it being made in Canada, Australia or
Japan.  Accordingly, copies of this announcement are not being and must not be
mailed or otherwise distributed or sent in, into or from the United States,
Canada, Australia or Japan and persons receiving any such documents (including
nominees, trustees or custodians) must not distribute or send them in, into or
from the United States, Canada, Australia or Japan.  The availability of the
Offer to Ordinary Shareholders who are not resident in the United Kingdom may
be affected by the laws of relevant jurisdictions. Ordinary Shareholders who
are not resident in the United Kingdom should inform themselves about and
observe any applicable restrictions.

Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A, trading as Rabobank
International, which is regulated in the United Kingdom by The Securities and
Futures Authority Limited for the conduct of investment business, is acting
exclusively for Tiger Three and no one else in connection with the Offer and
will not be responsible to anyone other than Tiger Three for providing the
protections afforded to clients of Rabobank International or for giving advice
in relation to the Offer.