Richmond, British Columbia-based food processor Premium Brands has revealed its intention to make a Normal Course Issuer Bid through the facilities of the Toronto Stock Exchange (TSE). The company is proposing to purchase, for cancellation, 300,000 Common Shares, which represents 2.91% of its issued and outstanding common shares for a period commencing 20 August 2002 to 19 August 2003. As at the close of business on 9 August 2002 the total number of issued and outstanding common shares was 10,311,294.