Premier Foods Regulatory News (PFD)

08 March 2011

Premier Foods plc

POSTING OF CIRCULAR AND NOTICE OF GENERAL MEETING TO APPROVE THE PROPOSED DISPOSAL OF ITS EAST ANGLIAN CANNED GROCERY OPERATIONS AND RELATED ASSETS

Further to the announcement made on 8 February 2011, Premier Foods announces that a circular (the "Circular") relating to the proposed disposal of its East Anglian Canned Grocery Operations and related assets has been posted to shareholders.

The Circular contains a notice of a general meeting (the "Meeting") of Premier Foods to consider and, if thought fit, to approve a resolution authorising Premier Foods to dispose of its East Anglian Canned Grocery Operations and related assets to Princes Limited. This disposal is also conditional upon the giving of all consents required from lenders under the Group's finance facilities to permit the disposal (which were received on 3 March 2011) and on merger control clearance being given by the appropriate competition authority, or the parties agreeing to effect closing after becoming permitted to do so under the relevant merger control regime. If all conditions are satisfied, the disposal is expected to complete in the second quarter of 2011.

The Meeting will be held at the offices at Wragge & Co LLP, 3 Waterhouse Square, 142 Holborn, London, EC1N 2SW on Wednesday 23 March 2011 at 9.00 a.m. 

The Circular is available on Premier Foods' website at www.premierfoods.co.uk. Copies of the Circular are, and will remain, available for inspection at the registered office of Premier Foods at Premier House, Centrium Business Park, Griffiths Way, St Albans, Hertfordshire AL1 2RE and at the offices of Wragge & Co LLP, 3 Waterhouse Square, 142 Holborn, London, EC1N 2SW during normal business hours on any business day with effect from today and up to and including the conclusion of the Meeting.

Copies of the Circular are also available for inspection on the UK Listing Authority's National Storage Mechanism at www.hemscott.com/nsm.do.

Enquiries

For further information, please contact:

Premier Foods plc

01727 815 850

Jim Smart (Chief Financial Officer)

Gwyn Tyley (Director of Investor Relations and M&A)

Maitland

020 7379 5151

Neil Bennett

Brian Hudspith

Stamford Partners LLP

020 7907 9400

Raymond Duignan

Rothschild

020 7280 5000

Akeel Sachak

Robert Plowman