Humpty Dumpty Announces Agreement on Sale of Brampton Property

Humpty Dumpty Snack Foods Inc. has announced that it has entered into an agreement to
sell the Companys Brampton facility. Proceeds from the sale are expected to be used to substantially reduce the Companys bank debt and to fund one-time costs associated with the facilitys closure.
"The sale of the Brampton property is another step in the value maximization process aimed at unlocking shareholder value that was announced by the Company in August 2005" said Darek Nowakowski, the Companys Chief Executive Officer. "We are pleased to have received what we believe is an attractive price in exchange for this non-core asset and look forward to being in a position to improve Humpty Dumptys debt position going forward."
The sale of the Brampton property is expected to close on or about May 12, 2006. Closing is subject to a number of customary conditions, including receipt of approval of the board of directors of the purchaser and completion of due diligence investigations in respect of the property. Following the closing, the Company will continue to occupy the Brampton property until September 30, 2006, under the terms of a leaseback arrangement
entered into in connection with the sale.