Update on Baugur Offer

RNS Number:8204F
Big Food Group PLC
30 November 2004



Not for release into the United States of America

                                                                30 November 2004


                The Big Food Group plc ("BFG" or the "Company")

          Agreement on revised possible offer for the Company from Baugur


Further to the update provided in the Interim Statement dated 11 November 2004,
the Board announces that Baugur and its investment partners have substantially
completed their due diligence and, following further negotiations, have proposed
a revised offer price of 95 pence in cash per share.  The revised proposal is
subject to Baugur and its investment partners receiving final credit committee
approvals from their financing banks.


The Board confirms that it would, subject, inter alia, to agreement on other
terms and conditions, recommend an offer of 95 pence per share to shareholders.


This statement has been made with the approval of Baugur and on behalf of its
investment partners.  Any offer is expected to be announced no later than 17
December 2004.  There can be no certainty that a formal offer will be
forthcoming.

Enquiries:


The Big Food Group
Bill Grimsey - Chief Executive                       020 7796 4133 (today only)
Bill Hoskins - Finance Director

gcg hudson sandler
Andrew Hayes                                         020 7796 4133
Noemie de Andia

Citigroup Global Markets Limited
Ian Hart                                             020 7986 4000
Ted Kuh
Ed Matthews (Corporate Broking)

UBS Limited
Adrian Haxby                                         020 7567 8000
Michael Lacey-Solymar


Citigroup Global Markets Limited ("Citigroup") is acting for The Big Food Group
plc and no one else in relation to the matters described in this announcement
and will not be responsible to anyone other than The Big Food Group plc for
providing the protections afforded to clients of Citigroup nor for providing
advice in relation to the matters described in this announcement.


UBS Limited ("UBS") is acting for The Big Food Group plc and no one else in
relation to the matters described in this announcement and will not be
responsible to anyone other than The Big Food Group plc for providing the
protections afforded to clients of UBS nor for providing advice in relation to
the matters described in this announcement.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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