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Stake Technology Schedules Third Quarter 2002 Financial Results Release and Conference Call

October 31,2002
Stake Technology Schedules Third Quarter 2002 Financial Results Release and Conference Call

TORONTO--Oct. 31, 2002--Stake Technology, Ltd. (NASDAQ:STKL; TSX:SOY) announced today that it will issue its financial results for the third quarter of 2002 on Thursday, November 7, after the close of the stock market.

Stake Technology's Chairman and CEO, Jeremy Kendall, also plans to host a conference call at 10:00 AM Eastern Time on Friday, November 8, to discuss third 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 1 (800) 946-0741 or (719) 457-2649 followed by pass code: 356812#. 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 November 8 - 17 with the toll free dial-in number (888) 203-1112 or (719) 457-0820 followed by pass code: 356812#.

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 Food Group, which specializes in identity-preserved (IP) grain products and natural and organic food products; from seed to packaged product; 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.

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CONTACT: Stake Technology Ltd.
Jeremy N. Kendall/John D. Taylor/Susan Wiekenkamp
905/455-1990
info@staketech.com
www.staketech.com
www.sunrich.com
www.bei.ca
www.steamexplosion.com
www.sunrichvalley.com
www.organickitchen.ca
or
Investor Relations Counsel
The Equity Group Inc.
Linda Latman, 212-836-9609
llatman@equityny.com
www.theequitygroup.com


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