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Stake Technology Schedules 2nd Quarter Results Release and Conference Call

August 01,2002
Stake Technology Schedules 2nd Quarter Results Release and Conference Call

TORONTO--Aug. 1, 2002--Stake Technology, Ltd. (NASDAQ:STKL) (TSX:SOY) announced today that it will issue its second quarter financial results for 2002 on Tuesday, August 13th, after the close of the stock market.

Stake Technology's Chairman and CEO, Jeremy Kendall, also plans to host a conference call at 3:00 pm Eastern Daylight Time on Wednesday, August 14th, to discuss second quarter results and recent corporate developments. After opening remarks, there will be a question and answer period. This conference call can be accessed with the toll free dial-in number (800) 967-7140 or (719) 457-2629. The call will also be distributed live over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors may listen to the call via www.companyboardroom.com, and institutional investors may listen via www.streetevents.com. Additionally, the call may be accessed via a link at the Company's website at www.staketech.com. To listen to the live call over the Internet, please go to one of the websites at least 15 minutes early to register, download and install any necessary audio software. If you are unable to listen live, the conference call will be archived and can be accessed for approximately 90 days at the websites. A replay number can also be accessed between August 14th - 23rd with the toll free dial-in number (888) 203-1112 or (719) 457-0820.

Stake Technology Ltd. is an owner/operator of high-growth ethical businesses, focused on environmental responsibility and the health and well being of its communities. For the last four consecutive years, Stake was included in Profit magazine's `Profit 100' list of the 100 fastest growing companies in Canada. Currently, the company has three business units: the SunRich Food Group, which specializes in identity-preserved (IP) grain products and natural food ingredients; from seed to packaged product and is the single largest supplier of soy milk concentrate in the U.S.; the Environmental Industrial Group; a producer, distributor, and recycler of industrial materials; and the Steam Explosion Technology Group who market clean pulping technologies. Each of these business units has proprietary products and services that give it a solid competitive advantage in its sector.

Websites:

www.staketech.com

www.sunrich.com

www.bei.ca

www.steamexplosion.com

www.sunrichvalley.com

--30--TLM/na*

CONTACT: Stake Technology Ltd.
Jeremy N. Kendall, 905/455-1990
or
John D. Taylor, 905/455-1990
or
Susan Wiekenkamp, 905/455-1990
info@staketech.com
or
Investor Relations Counsel
The Equity Group Inc.
Adam Horton, 212/836-9606
aprior@equityny.com
or
Linda Latman, 212/836-9609
www.theequitygroup.com


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