Fisher Communications, Inc. (Nasdaq:FSCI) and the Puratos Group announced today that they have signed an agreement for the sale and purchase of the distribution assets of Fisher Mills Inc. and its subsidiary Sam Wylde Flour Co. Closing of the transaction is subject to certain conditions including, without limitation, negotiation and execution of leases and employment agreements. Subject to these conditions, closing is expected to occur on or about June 29, 2001.