Fletcher's Fine Foods Ltd.

Ticker:	FLCHF	8385 Fraser Street
Exchange:	NASDAQ-National Market	Vancouver, Foreign V5X 3X8
Industry:	Manufacturing	(604) 668-5800

Type of Shares:	Common Shares	Filing Date:	10/3/96
U.S. Shares:	1,350,000	Offer Date:	11/26/96
Non-U.S. Shares:	0	Filing Range:	$8.00 - $9.00
Primary Shares:	1,350,000	Offer Price:	$8.50
Secondary Shares:	0	Gross Spread:	$0.64
Offering Amount:	$11,475,000	Selling:	$0.34
Expenses:	$550,000	Reallowance:	$0.10
Shares Out After:	5,179,963

Manager	Tier	Phone
Pacific Crest Securities Inc.	Lead Manager	(503) 248-0721

Auditor: KPMG Accountants N.V.
		10 Month Ending Financials
	Audited Income	Latest Unaudited Income	Prior Unaudited Income		Balance Sheet
	12/30/95	10/5/96			10/5/96
Revenue:	$196.98	$167.10		Assets:	$41.83
Net Income:	$2.65	$0.13		Liabilities:	$26.11
EPS:	$1.20	$0.04		Equity:	$15.72
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year

Business Description

The company is an integrated pork processing company headquartered in Vancouver, British Columbia. The company operates six production facilities in western Canada, Oregon and Washington and manufactures a full line of fresh and prepared pork products in addition to specialty meat and delicatessen items. The fresh pork operations consist of processing hogs into a variety of fresh pork products. The company also manufactures and sells a wide variety of prepared foods, including bacon, hams, fresh and smoked sausages, weiners, delicatessen and luncheon meats and specialty products, including appetizers and entrees. The company markets its fresh pork and prepared food products to wholesale, retail and food service customers in western Canada, the Pacific Northwest region of the United States and to Japan and certain other Pacific Rim countries.

Use of Proceeds

The proceeds from the proposed offering will be used to fund further expansion of the company's Red Deer, Alberta facility, the repayment of borrowings under the company's credit facilities and for general corporate purposes including possible acquisitions.

Last updated: 12/29/96