SHARE PRICE: 1,607.50 -20.00 16:45, 24 Mar 2020 15 MINS DELAY

Executive Share Incentive Plan 2003



A conditional allocation of ordinary shares of 515/22 pence was made to each of the following directors of Associated British Foods plc on 20 December 2010 under the terms of the ABF Executive Share Incentive Plan 2003:

George Weston??????? 162,268 ?shares

John Bason????????????? 108,922 shares

The allocation was made on the basis of an allocation price of 1,076 pence (being the average of the daily closing mid-market prices for the shares over the five consecutive days 16 to????????????? 22 November 2010 inclusive) in accordance with the terms of the Plan.