Premier Foods Regulatory News (PFD)

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Premier Foods plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

X

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

X

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to thenotification obligation: iii

Bank of America Corporation

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

Merrill Lynch International

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

10 February 2017

6. Date on which issuer notified:

14 February 2017

7. Threshold(s) that is/are crossed orreached: vi, vii

Above 8%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00B7N0K053

60,919,848

7.318%

0

0

64,927,089

0

7.800%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

Right to Recall Securities

N/A

N/A

6,467

0.001%

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Swaps

N/A

15-Sep-17

N/A

8159

0.001%

0.001%

Swaps

N/A

30-Nov-17

N/A

6617

0.001%

0.001%

Swaps

N/A

31-Oct-17

N/A

1526999

0.183%

0.183%

Swaps

N/A

30-Apr-18

N/A

177048

0.021%

0.021%

Swaps

N/A

14-Jun-18

N/A

26788

0.003%

0.003%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

66,679,167

8.010%

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

Merrill Lynch International - Above trading book exemption threshold

MERRILL LYNCH INTERNATIONAL Voting Rights %

66,679,167 8.010%

Total 66,679,167 8.010%

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will ceaseto hold:

N/A

12. Date on which proxy holder will cease to holdvoting rights:

N/A

13. Additional information:

N/A

14. Contact name:

Andrew McDonald, General Counsel & Company Secretary

15. Contact telephone number:

01727 815 850