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15 years of excellence

NEWS RELEASE

PERFECT FRY CORPORATION

PNM, Alberta Stock Exchange

For immediate release


SECOND QUARTER SALES INCREASE - FIRST HALF RECORD SALES


Calgary, April 23, 1999 - Perfect Fry is projecting a 64% increase in sales over the same period last year, and the highest sales for the first half of the fiscal year that the company has ever experienced. In comparing this quarter to all prior quarters, this quarter rivals the best quarter sales in the company's history.

President & CEO Gary Calderwood said, "As stated in our reports for last year, the expenditures in marketing (including national advertising, sales and trade show promotion, & distributor and dealer expansion) will generate higher sales in the months ahead. Our multifaceted, diversified strategy to broaden our distribution and sales base is now starting to really show results. Our average sales per distributor is lower than 5% with our single largest distributor taking 15%."

Perfect Fry's Annual General Meeting will be held this coming Monday, April 26, 1999. We look forward to revealing these positive results to our shareholders and discussing the future potential of this company.

The unaudited financial statements for the second quarter will be publicly released by the end of May.

Cindy Horne, Investor Relations:
Tel (403)255-7712
Fax (403) 255-1725
EMail: perfect@canuck.com

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