REG-Northern Foods PLC: Holding(s) in Company

TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

Northern Foods plc

GB0006466089

2. Reason for the notification State
Yes/No

An acquisition or disposal of voting rights Yes

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

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

An event changing the breakdown of voting rights n/a

Other (please specify): n/a

3. Full name of person(s) subject to the UBS Global Asset Management
notification obligation (iii): (Traditional Entities)

4. Full name of shareholder(s) (if different UBS Global Asset Management
from 3.) (iv): (Americas) Inc

UBS Global Asset Management (UK)
Ltd

UBS Global Asset Management Life
Ltd

CCR Asset Management

5. Date of the transaction (and date on which 28 October 2009
the threshold is crossed
or reached if different) (v):

6. Date on which issuer notified: 30 October 2009

7. Threshold(s) that is/are crossed or reached 8%
(vi) (vii):

8. Notified details:

A: Voting rights attached to shares (viii) (ix)

Class/type of Situation previous to Resulting situation after the triggering
shares the Triggering transaction
if possible transaction
using the
ISIN CODE

Number Number Number Number of voting % of voting
of of of rights rights (x)
Shares Voting shares
Rights

Ordinary Direct Indirect Direct Indirect
shares of 25p (xi) (xii)
each

GB0006466089 39,850,884 39,850,884 37,411,049 2,258,796 35,152,253 0.48% 7.50%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of Expiration Exercise/ Number of voting % of voting
financial date (xiii) Conversion rights that may rights
instrument, Period/ Date be
(xiv) acquired if the
instrument
is exercised/
converted

- - - - -

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

Type of Exercise Expiration Exercise/ Number of voting % of voting
financial price date Conversion rights rights (xix) (xx)
instrument (xvii) period (xviii) instrument
refers to
Nominal Delta

- - - - - - -

Total (A+B+C)
Number of voting rights % of voting rights
37,411,049 7.98%

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

CCR Asset Management - 2,792,894 - 0.60%
UBS Global Asset Management (Americas) Inc - 1,805,329 - 0.39%
UBS Global Asset Management (UK) Ltd - 30,554,030 - 6.51%
UBS Global Asset Management Life Ltd - 2,258,796 - 0.48%

Proxy Voting:

10. Name of the proxy holder: UBS Global Asset
Management on behalf of
a number of clients

11. Number of voting rights proxy holder will cease to -
hold:

12. Date on which proxy holder will cease to hold -
voting rights:

13. Additional information:

14. Contact name: Alexa Koenig / Brigitte
Schwarz

15. Contact telephone number: +41 44 239 6299

C: Additional information

END