International Yogurt Reports Income Up 62% for the Year

     PORTLAND, Ore., Jan. 21 /PRNewswire/ -- International Yogurt Company
(NASDAQ:YOCM),Portland manufacturer and wholesaler of YOCREAM(R) frozen
desserts, snacks, and beverages issued its results for the quarter and fiscal
year, ended October 31, 1998, and again reported record sales and profits.
     Fourth quarter revenues of $3,128,408 were up 42%, and earnings of
$203,228 were up 102% over the same quarter last year.
     Annual revenues of $10,206,524 were up 18%, and earnings of $702,703 were
up 62% over last year.
     "The trend continues," John Hanna, Chairman and CEO stated. "Revenue
increased over 35% for the first two months of the current quarter. New
markets have been penetrated with new products that we believe will keep
driving us ahead."

4th QUARTER, OCTOBER 31                1998        1997 
   Revenues                      $3,128,408  $2,210,664
   Net Income                       203,228     100,403
   Per Share                            .08         .04 

YEAR ENDED, OCTOBER 31                 1998        1997 
   Revenues                     $10,206,524  $8,677,547
   Net Income                       702,703     433,546
   Per Share                            .30         .19 

SOURCE International Yogurt Company