NEWS RELEASE

PERFECT FRY CORPORATION

PNM, Canadian Venture Exchange

For immediate release

PERFECT FRY REPORTS HIGHEST GROSS REVENUE IN COMPANY’S HISTORY FOR YEAR ENDED OCTOBER 31, 1999 (Correction)

Calgary, April 10, 2000

	1999	1998
Revenue	2,475,406	1,681,360
Net Earnings	119,073	<126,783>
Retained Earnings	516,395	397,322

Our apologies to the investor community at large, we have discovered what may have appeared to be a misleading statement. The earnings as stated in our press release dated March 23, 2000 requires further clarification, it was stated simply as Earnings when in fact it should have been delineated as Retained Earnings.

If you have any questions or concerns, please feel free to contact our office directly.

Perfect Fry Corporation invites you to attend the Annual Meeting for fiscal year 1999: April 24, 2000 at 9:00 a.m. at 3700, 400 – 3rd Avenue SW, Calgary, Alberta, Canada.

Cindy Horne, Investor Relations:(403)255-7712, Fax (403) 255-1725;
EMail: invest@perfectfry.com
www.perfectfry.com