For:      Frozen Food Express Industries, Inc.  From:  Mike Engleman
Listed:   Nasdaq (FFEX)                                MikeEngleman/Associates
Company Contacts:                                      11308 Valleydale
          Stoney M. (Mit) Stubbs, Jr. (CEO)            Dallas, TX  75230
          F. Dixon McElwee, Jr. (CFO)                  (214) 373-6464
  		(214) 630-8090


For Immediate Release
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                   Frozen Food Express Industries
                 Closes $40 Million Credit Facility

     Dallas, TX -- May 30, 2002 --  Frozen Food Express Industries, Inc.
(Nasdaq: FFEX) today announced that it has closed a three-year, $40 million
revolving credit facility.  The new agreement replaces a $33.3 million
facility which was to expire on June 1, 2002.
     At March 31, 2002 the Company was using about $13.5 million of its
available credit.
     Borrowings under the new agreement are secured by the company's
accounts receivable.  In addition, the company has the option to provide
the banks with liens on a portion of its truck and trailer fleet to cover
borrowings and letters of credit in excess of the amount that can be
borrowed against accounts receivable. Borrowings under the old credit
facility were secured by the company's accounts receivable, inventories and
all of its trucks and trailers.
     The new agreement is led by Comerica Bank-Texas as administrative
agent.  LaSalle Bank, N.A. Chicago, is an equal participant with Comerica
and will act as the collateral agent.
     "Pricing of this new credit facility compares favorably with other
proposals we had and also with the credit relationships that many of our
competitors have," noted Stoney M. (Mit) Stubbs, Jr., chairman and CEO of
Frozen Food Express.  "Comerica was part of our old credit agreement and we
have come to appreciate Comerica's understanding of our industry's ups and
downs. And LaSalle Bank has long been recognized as a leader in banking the
major players in the surface transportation business.  We appreciate the
vote of confidence these two fine financial institutions have given our
company."
	Frozen Food Express Industries, Inc. is the largest publicly-owned,
temperature-controlled carrier of perishable goods (primarily food
products, health care supplies and confectionery items) on the North
American continent. Its services extend from Canada, throughout the 48
contiguous United States, into Mexico.  The refrigerated trucking company
is the only one serving this market that is full-service-providing full-
truckload, less-than-truckload and distribution transportation of
refrigerated and frozen products.  Its refrigerated less-than-truckload
operation is also the largest on the North American continent.
     This report contains information and forward-looking statements that
are based on management's current beliefs and expectations and assumptions
we made based upon information currently available. Forward-looking
statements include statements relating to our plans, strategies,
objectives, expectations, intentions, and adequacy of resources, may be
identified by words such as "will", "could", "should", "believe", "expect",
"intend", "plan", "schedule", "estimate", "project" and similar
expressions. These statements are based on our current expectations and are
subject to uncertainty and change.
     Although we believe that the expectations reflected in such forward-
looking statements are reasonable, we can give no assurance that such
expectations will be realized. Should one or more of the risks or
uncertainties underlying such expectations not materialize, or should
underlying assumptions prove incorrect, actual results may vary materially
from those we expect.
     Among the key factors that are not within our control and that may
have a bearing on operating results are demand for our services and
products, and our ability to meet that demand, which may be affected by,
among other things, competition, weather conditions and the general
economy, the availability and cost of labor, our ability to negotiate
favorably with lenders and lessors, the effects of terrorism and war, the
availability and cost of equipment, fuel and supplies, the market for
previously-owned equipment, the impact of changes in the tax and regulatory
environment in which we operate, operational risks and insurance, risks
associated with the technologies and systems we use and the other risks and
uncertainties described elsewhere in our filings with the Securities and
Exchange Commission.