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CANADA: Leading Brands Appoints New Chief Financial Officer

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Leading Brands, Inc. (NASDAQ: LBIX), Canada's largest independent, fully integrated food and beverage brand management company, today announced the appointment of Derek Henrey as its Chief Financial Officer. He replaces Jack Peck, who left to pursue other opportunities. Mr. Henrey, 37, joins Leading Brands from a large regional grocery chain with sales of approximately US$1.5 Billion, where he served as Director of Business Planning & Analysis as well as Controller. He is a Chartered Accountant, who formerly practiced with KPMG, one of the Big 5 accounting firms. He holds a Bachelor of Commerce Degree Honours from the University of British Columbia. In announcing the appointment, Ralph McRae, Leading Brand's Chief Executive Officer, stated, "Derek brings to our Company a broad background in all aspects of financial management. He has direct experience in legal, tax, treasury, and financial activities. He has also been instrumental in negotiating major agreements and carrying out due diligence for strategic acquisitions. We strongly believe that Mr. Henrey's experience will be a significant factor in our achieving Leading Brands' strategic goals."


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