Galaxy Nutritional Foods Announces 3rd Quarter Fiscal 2004 Earnings Results Conference Call and Webcast February 18, 2004 at 10:00 a.m. EST ORLANDO, Fla., Feb. 13 /PRNewswire/ -- Galaxy Nutritional Foods , a leading producer of nutritious plant-based dairy alternatives for the retail and foodservice markets announces a teleconference and web-cast of the Company's 3rd Quarter Fiscal 2004 earnings results at 10:00 a.m. EST on Wednesday, February 18, 2004. The conference call invites all shareholders and interested parties to call in on a toll free line to ask questions about the Company's results and discuss future plans. The toll free number for U.S. and Canada callers is 1-800-811-7286. All other international callers should dial: 1-913-981-4902. The conference call pass code for all participants is 594933. The call will be simultaneously web-cast at the following link: http://www.vcall.com/EventPage.asp?ID=86006 Individuals within the U.S. and Canada that cannot access the call are invited to listen to a digitally recorded version by calling the toll free number: 1-888-203-1112. All other international callers should dial the following number for a digital playback: 1-719-457-0820. It will be required to reference the pass code # 594933 for all digital playbacks. The playback will be available after 1:00 p.m. EST Wednesday, February 18, 2004 through Wednesday, February 25, 2004 until midnight. The call will be posted to our website the following week at: http://www.galaxyfoods.com/. About Galaxy Nutritional Foods, Inc. Galaxy Nutritional Foods is the leading producer of great-tasting, health- promoting plant-based dairy and dairy-related alternatives for the retail and foodservice markets. These phytonutrient-enriched products, made from nature's best grains -- soy, rice and oats -- are low and no fat (no saturated fat and no trans-fatty acids), have no cholesterol, no lactose, are growth hormone and antibiotic free and have more calcium, vitamins and minerals than conventional dairy products. Because they are made with plant proteins, they are more environmentally friendly and economically efficient than dairy products derived solely from animal proteins. Galaxy's products are part of the nutritional or functional foods category, the fastest growing segment of the retail food market. Galaxy brand names include: Galaxy Nutritional Foods(R), Veggie(R), Veggie Nature's Alternative to Milk(R), Veggie Slices(R), Soyco(R), Soymage(R), Wholesome Valley(R), formagg(R), and Lite Bakery(R). For more information, please visit Galaxy's website at http://www.galaxyfoods.com/. Contact: Dawn M. Robert, Investor Relations Galaxy Nutritional Foods Co. (407) 854-0433 THIS PRESS RELEASE CONTAINS "FORWARD-LOOKING" STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. SUCH FORWARD- LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES, OR OTHER FACTORS WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. READERS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THOSE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE HEREOF. THE COMPANY UNDERTAKES NO OBLIGATION TO RELEASE PUBLICLY ANY REVISIONS TO THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER THE DATE HEREOF OR TO REFLECT UNANTICIPATED EVENTS OR DEVELOPMENTS. DATASOURCE: Galaxy Nutritional Foods CONTACT: Dawn M. Robert, Investor Relations of Galaxy Nutritional Foods Co., +1-407-854-0433 Web site: http://www.galaxyfoods.com/ http://www.vcall.com/EventPage.asp?ID=86006

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