RNS Number:2588S
Food & Drink Group (The) PLC
02 March 2007


This announcement replaces the Holding in Company announcement released on the
RNS system on the RNS no 2317S Friday 2 March at 13.32. An amendment has been
made to the title. The full announcement text appears below.


THE FOOD & DRINK GROUP PLC
("the Company")

Holding in Company and Trading Update

The Company was notified today that as of the 1 March 2007, PIHL Equity LLP no
longer holds any ordinary shares of the  Company.  Furthermore, by virtue of
their material interest in the partnership capital of PIHL Equity LLP, Nicholas 
Mark Leslau and Nigel William Wray no longer have a notifiable interest in the
ordinary shares of the Company.

The Board wishes to thank the directors of PIHL for the support they have shown
the Company during our transition into  a focused, profitable licensed retailing
business.

Current trading at the Food & Drink Group remains strong, with like-for-like
sales after 22 weeks of the financial year  up 5.5%.  In delivering this
performance, each division of the business is generating positive like-for-like
sales.
                                                                    2 March 2007

ENQUIRIES:

The Food & Drink Group PLC                                   Tel: 020 7349 4440
Stephen Thomas, Chairman
James Kowszun, Chief Executive

College Hill
Justine Warren                                               Tel: 020 7457 2020
Jamie Ramsay






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

END
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