N@N

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 16, 2010) - Premium Brands Holdings Corporation (TSX:PBH) announced today a cash dividend of $0.294 per share for the quarter ending June 30, 2010. Unless indicated otherwise in writing at or before the time the dividend is paid, each dividend paid by the Company in 2010 or a subsequent year is an eligible dividend for the purposes of the Enhanced Dividend Tax Credit System.

The dividend will be made to shareholders of record at the close of business on June 30, 2010 and will be payable on July 15, 2010.

Premium Brands owns a broad range of leading specialty food manufacturing and differentiated food distribution businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba and Washington. The Company services over 25,000 customers and its family of brands include Grimm's, Harvest, McSweeney's, Bread Garden Express, Hygaard, Hempler's, Quality Fast Foods, Gloria's Best of Fresh, Harlan's, Creekside Bakehouse, Centennial Foodservice, B&C Foods and Duso's Fine Foods.