Leading Brands, Inc. (NASDAQ: LBIX), Canada's largest independent, fully integrated food and beverage brand management company, wishes to clarify that, to the best of the Company's information, the recent Form 144, which was filed October 16, 2000 with the U.S. Securities and Exchange Commission on behalf of Talisman Capital Opportunity Fund Ltd. to sell 581,425 shares of common stock, reflects an actual sale of securities that occurred on September 29, 2000 and is not prospective in nature.