Holding(s) in Company

RNS Number:1941R
Food & Drink Group (The) PLC
31 March 2008



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):

The Food & Drink Group


2. Reason for the notification (please state Yes/No): ( )


An acquisition or disposal of voting rights: Yes


An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: No


An event changing the breakdown of voting rights: No


Other (please specify) : No


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

Hargreave Hale Limited


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

For Discretionary clients


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

28th March 2008


6. Date on which issuer notified:

31st March 2008


7. Threshold(s) that is/are crossed or reached:

18%


8. Notified details:



A: Voting rights attached to shares

Class/type of shares if possible using    Situation previous to the Triggering
the ISIN CODE                                       transaction (vi)
                                        Number of      Number of voting Rights
                                        shares         (viii)

Ordinary GB00B0WYV516                      1,024,377                 1,024,377



Resulting situation after the triggering transaction (vii)

Class/type of shares if         Number of    Number of voting    % of voting
possible using the ISIN CODE    shares       rights (ix)         rights

                                Indirect     Direct Indirect     Direct Indirect
                                             (x)    (xi)

Ordinary
GB00B0WYV516                     1,017,179           1,017,179           17.93%


B: Financial Instruments

Resulting situation after the triggering transaction (xii)

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



                             N/A



Total (A+B)
Number of voting rights                      % of voting rights

                                 1,071,179                               17.93%


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

855,232 of these shares are for unit trusts operated by Marlborough Fund
Managers Ltd, for which Hargreave Hale manages the investments on a
discretionary basis. The remainder are for the other discretionary clients.


Proxy Voting:


10. Name of the proxy holder:

-


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:

James Kowszun


15. Contact telephone number:

02073494444






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