NEWS RELEASE

PERFECT FRY CORPORATION

PNM, Alberta Stock Exchange

For immediate release

STOCK OPTION PLAN AMENDMENT CONDITIONAL APPROVAL

Calgary, March 26, 1998 - Perfect Fry's Board of Directors announces an amendment to the exercise price on 505,000 share options reserved for issuance. Of the total 505,000, 70% are for directors, 5% are for officers, and 25% are for employees. The amended price, conditionally approved by the Alberta Stock Exchange, is $0.50 per share. All other terms and conditions of the agreement are unchanged.

Jack Wilson, Investor Relations
Phone: (403)255-7712
Fax: (403)255-1725
EMail: perfect@canuck.com