NEWS RELEASE

PERFECT FRY CORPORATION

PNM, Alberta Stock Exchange

For immediate release

BEST FIRST HALF IN COMPANY'S HISTORY

Calgary, June 25, 1999 - As we announced in conjunction with our annual meeting, revenues were significantly higher than in any prior first half, with a 61% increase over the same period a year earlier.

	1999	1998
Revenue	$1,191,632	$716,517
Earnings	$71,713	$(48,684)

TRADE SHOWS For the past five years we have promoted the fryers at the National Restaurant Show (NRA) in Chicago at the end of May. The NRA show is generally one of the best venues for meeting major chains and international distributors. We are pleased to report that NRA '99 far surpassed our expectations. Numerous large North American companies expressed strong interest in the PFC fryer, and some have already initiated follow-up discussions.

ON THE INTERNATIONAL FRONT Sales in Australia continue to climb. The South African distributor experienced a positive response to his initial promotion of the PFC at a trade show. The Spanish language option on the PFC fryer has proven extremely beneficial as we now have a newly appointed Spanish distributor operating in Madrid.

President & CEO Gary Calderwood said, "The financials for the first half of our fiscal year are extremely encouraging. On the local front, we are very excited about the increased efforts by our extensive distributor base, and we are enthused about the new developments on the international front. The new fryer with it's higher capacity and leading edge features is receiving a very positive response in the market place. As a result our market niche is expanding."

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