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BIG ROCK BREWERY REPORTS RECORD EARNINGS

 CALGARY, Jan. 18 /PRNewswire/ -- Big Rock Brewery (NASDAQ:BEERF) announced a 38 percent increase in net sales to $2.4 million during the three months ended Dec. 31, 1993, from $1.8 million for the same period in 1992. Net earnings increased by 93 per cent from $202,721 to $392,357. Net earnings per share increased from $0.05 to $0.09.
 Net sales for the company increased from $5.3 million during the first nine months in 1992 to $7.0 million, an increase of 32 percent compared to the same period in 1993. Net income increased from $730,765 to $1,004,628 or 37 percent. Net income per share increased from $0.18 to $0.22.
 Growth in sales can be partially attributed to the popularity of Big Rock's new "Warthog Ale"' in both the Alberta and U.S. markets. "Warthog Ale" was designed for the consumer who wants a full-bodied ale with a little less alcohol content", says Big Rock's President, Ed McNally. "It has had a significant impact on our sales in Alberta and the U.S."
 Installation of additional fermentors in September, 1993 increased production capacity to 120,000 HL. per annum. (10,000 HL. per month). By November, production increased to over 8,800 HL. per month. Further expansion planned for 1994 will increase brewing capacity to over 150,000 HL. per annum.
 Total capital investments in 1994 of $2,250,000 will include stainless steel, straight-wall kegs and an automated kegging system. The new kegging system utilizes "state-of-the-art" technology to further ensure both quality and stability of our microfiltered, unpasteurized, additive-free, pure malt beers.
 The company is currently negotiating an agreement with a large U.S. brewer which would expand its present distribution to include all states east of the Mississippi.
 The company plans to introduce an exciting new beer for its Canadian and U.S. markets in the near future.
 -0- 1/18/94
 /CONTACT: Ed McNally, president of Big Rock Brewery, 403-279-2917/
 (BEERF)


CO: Big Rock Brewery ST: Alberta IN: FOD SU: ERN

TM -- NY004 -- 2637 01/18/94 10:16 EST
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Publication:PR Newswire
Date:Jan 18, 1994
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