CCFC To Expand Operations, Leases New Plant.

MISSISSAUGA, Ontario -- Central Canada Foods Corporation has agreed to lease terms on a new facility that will enable the Company to triple its current production capacity. The additional 23,000 sq. ft. plant will allow Central Canada to take advantage of growing sales opportunities in the domestic and Asia Pacific markets, and to develop new product offerings for its clients.

The federally inspected plant, located in Mississauga, Ontario, is also expected to reduce external cold storage costs by at least 50% at current production levels. External cold storage costs were nearly $400,000 in fiscal 2003, and are expected to be approximately $500,000 in 2004.

The Company expects to move into the plant in the first quarter of fiscal 2005 following renovations and leasehold improvements.

As part of the lease agreement, the Company will have an option to acquire the plant.

About Central Canada Foods Corporation

Central Canada Foods Corporation (CCFC) is a federally inspected, HACCP approved, meat processing company that converts wholesale cuts from a hog carcass or "primal meat cuts" into fresh-boxed and case ready pork products. CCFC's products are marketed and sold to Canadian national and regional grocery chains. CCFC also uses international food brokers to sell its products abroad, primarily frozen into the Asian-Pacific market.

This News Release may contain certain forward-looking statements, which statements can be identified by the use of forward-looking terminology such as "may", "will", "expect", "anticipate", "estimate", "predict", "plans", or "continue" or the negative thereof or any other variations thereon or comparable terminology referring to future events or results. Forward looking statements are statements about the future and are inherently uncertain, and the Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of numerous factors, including without limitation, the need for regulatory approval, marketing/manufacturing and partnership/strategic alliance risks, the effect of competition, uncertainty of the size and existence of a market opportunity for the Company's products, as well as a description of other risks and uncertainties affecting the Company and its business, as contained in news releases and filings with the Canadian Securities Regulatory Authorities, any of which could cause actual results to vary materially from current results or the Company's anticipated future results. Forward-looking statements are based on the beliefs, opinions and expectations of the Company's management at the time they are made, and the Company does not assume any obligation to update its forward-looking statement if those beliefs, opinions or expectations, or other circumstances should change.

The Toronto Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release.

Central Canada Foods Corporation (TSX VENTURE:CDF.A)