Director/PDMR Shareholding

14 May 2007 18:25

Finsbury Food Group plc (the "Company")

Director Dealing

The Company received a notification on 10th May 2007 that the following directors converted warrants into ordinary shares on 9th May 2007 as follows

Director Warrants Resultant % Warrants Resultant % Holding Subscription Warrants Holding Ordinary shares Lord Saatchi 1,599,591 Nil Nil 1,599,591 3.26% Edward Beale 25,000 Nil Nil 40,000 0.08% David Marshall* 200,000 Nil Nil 8,000,000 16.3%

* David Marshall's conversion was conducted via Lonfin Investments Limited, a wholly-owned subsidiary of London Finance & Investment Group PLC of which David is a director and substantial shareholder.

14 May 2007