RNS Number:2249C
Food & Drink Group (The) PLC
16 August 2007



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):

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):

Schroders plc


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

-


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

13.08.07


6. Date on which issuer notified:

14.08.07


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

25% - 26%


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                      1,259,251                 1,259,251



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

                                Direct     Direct  Indirect     Direct Indirect
                                           (x)     (xi)

                                N/A        N/A      1,560,739   N/A     26.399%


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)







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

                                 1,560,739                              26.399%


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

Schroder Investment Management Limited 1,409,995, 23.85%

Schroder & Co Limited 150,744, 2.55%


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:

The shares referred to in section 9 are held in portfolios managed by those
firms on a discretionary basis for clients under investment management
agreements.


14. Contact name:

Andrea Rowe


15. Contact telephone number:

020 7658 2521




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