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Maple Leaf Foods Completes $225 million Private Placement

Toronto, April 28, 2000 – Maple Leaf Foods Inc. announced today the
finalization of a private placement of Cdn. $225 million of ten-year unsecured
notes with a group of Canadian and U.S. investors.

Maple Leaf Foods Inc. is a leading, global food processing company.
Headquartered in Toronto, Canada, the company employs more than 12,000 people
at its operations across Canada and in the United States, Europe and Asia.
Maple Leaf Foods reported sales of $3.5 billion in 1999.

FOR FURTHER INFORMATION PLEASE CONTACT:
Maple Leaf Foods
Michael Vels
Executive Vice President, Finance
(416) 926-2048

or

Tom Muir
Chief Financial Officer
(416) 926-2050