Centennial Specialty Foods Corporation Introduces Three Premium Stokes Green Chile Sauces to Over 700 Safeway Stores in Arizona and California DENVER, Nov. 24 /PRNewswire-FirstCall/ -- Centennial Specialty Foods Corporation (Nasdaq: CHLE; Boston Stock Exchange: CSJ) announced today it has gained authorization for distribution of three varieties of its premium Stokes Green Chile Sauces in over 700 Safeway stores in Arizona and California. This is a significant increase in store count for Centennial, which has historically focused on its Colorado home front. Safeway has approximately 326 Vons stores in Southern California, 261 Safeway stores in Northern California, and 114 Safeway stores in Arizona. Shipment of product to Arizona locations began in early November, while products are expected to ship to California in December. By adding new Safeway regions, Centennial has started its expansion plans to sell their unique Stokes Green Chile Sauces in states outside the Rocky Mountain Region. "Our line of authentic Southwestern foods has shown tremendous success in the Rocky Mountain region for many years. We are excited to expand into these new regions with Safeway, a long time customer and supporter of the Stokes brand," said Jeffrey Nieder, Chief Executive Officer of Centennial. Centennial closed its initial public offering of 1,550,000 shares of its common stock on November 3, 2003, bringing in gross proceeds of approximately $7.75 million. A substantial portion of the proceeds will be used for consumer marketing as Centennial expands the Stokes line of branded premium green chile sauces into new regions. Centennial Specialty Foods Corporation is a manufacturer and distributor of ethnic Southwestern food products. Its products are sold under the Stokes and Ellis labels, two well-known Southwestern brands that date back almost 100 years. Principal channels of distribution for Centennial's products are grocery retailers, superstores and club stores in Colorado and, to a lesser extent, several major metropolitan markets in adjoining states. More information about Centennial can be found on its website at http://www.centennialspecialtyfoods.com/. Note Regarding Forward Looking Statements: Certain matters discussed in this press release could contain forward-looking information that involves risks and uncertainties that could cause actual results to differ materially from current trends or expected results. We identify forward looking statements through our use of words such as "expect," "believe," "project," "anticipate," and similar expressions. These risks that may affect our ability to achieve forward-looking statements are discussed in our final prospectus in the section entitled "Risk Factors" and other documents that are on file with the Securities and Exchange Commission. Stokes and Ellis are registered trademarks of Centennial Specialty Foods Corporation. DATASOURCE: Centennial Specialty Foods Corporation CONTACT: Jeffrey Nieder of Centennial Specialty Foods Corporation, +1-303-414-4613 Web site: http://www.centennialspecialtyfoods.com/

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