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
2. Reason for the notification State
Yes/No
An acquisition or disposal of voting rights Yes
An acquisition or disposal of qualifying financial No
instruments which may result in the acquisition of shares
already issued to which voting rights are attached
An acquisition or disposal of instruments with similar No
economic effect to qualifying financial instruments
An event changing the breakdown of voting rights No
Other (please specify): No
3. Full name of person(s) subject to the Standard Life Investments
notification obligation (iii): Ltd
4. Full name of shareholder(s) (if different from Vidacos Nominees
3.) (iv):
5. Date of the transaction (and date on which the 19 January 2010
threshold is crossed
or reached if different) (v):
6. Date on which issuer notified: 20 January 2010
7. Threshold(s) that is/are crossed or reached: 8%
8. Notified details:
A: Voting rights attached to shares
Class/type of Situation previous to Resulting situation after the triggering
shares the Triggering transaction (vii)
if possible transaction (vi)
using the
ISIN CODE
Number Number Number Number of voting % of voting
of of of rights (ix) rights
Shares Voting shares
Rights
(viii)
Direct Indirect Direct Indirect
(x) (xi)
GB0006466089 37,564,789 37,564,789 37,395,744 25,491,197 11,904,547 5.439% 2.540%
Ordinary
Shares of 25p
each
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
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
Resulting situation after the triggering transaction
Type of Exercise Expiration Exercise / Number of % of voting
financial price date Conversion voting rights rights
instrument period instrument
refers to
Nominal Delta
Total (A+B+C)
Number of voting rights % of voting rights
37,395,744 7.979%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are
effectively held, if applicable (xv):
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: investments_mo@standardlife.com
Standard Life Investments Ltd
15. Contact telephone number: (0131) 245 6565
END
