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ARDEN INTERNATIONAL KITCHENS ANNOUNCES FUTURE PLANS

 ARDEN INTERNATIONAL KITCHENS ANNOUNCES FUTURE PLANS
 LAKEVILLE, Minn., May 21 /PRNewswire/ -- The annual meeting of


shareholders of Arden International Kitchens, Inc. (NASDAQ: AIKI), was held today at the company's office and production facility in Lakeville. R. Stephen Tanner, president and chief executive officer, presented a review of the firm's 1991 financial and operating results and made two key announcements regarding the company's plans for the future.
 "We have concluded negotiations with our landlord to restructure the lease on our production facility to extend its length, provide more favorable terms and include an option to purchase the building," Tanner reported. "This new lease will provide us with several financial advantages while demonstrating to our employees our continuing commitment to the Lakeville area.
 "Simultaneously, we are in the final negotiation stage of an agreement to build a 24,000 square foot auxiliary plant in Aberdeen, S.D. This new facility would take advantage of modern production processes and workplace engineering not available to us at the Lakeville plant," Tanner said. "The Aberdeen facility will be dedicated to the production of lasagna, the company's highest volume food item."
 On the company's outlook for 1992, Tanner commented, "Although 1992 sales increases for our company and the foodservice industry have been disappointing as a result of the sluggish economy, we are entering the second quarter with several exciting sales opportunities. We anticipate modest sales increases with corresponding profit improvements through the remainder of the year."
 Arden International Kitchens, Inc., headquartered in Lakeville, produces and markets frozen prepared food entrees, components and sauces for the foodservice industry nationally. The company's stock is traded on the NASDAQ system under the symbol AIKI.
 -0- 5/21/92
 /CONTACT: Brian E. MacKenzie of Arden, 612-469-2000/
 (AIKI) CO: Arden International Kitchens, Inc. ST: Minnesota IN: FOD SU:


KH -- MN015 -- 3045 05/21/92 16:29 EDT
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Publication:PR Newswire
Date:May 21, 1992
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