An improved heat exchange mechanism for a deep fat fryer is described. The improvement includes a baffle plate wherein the walls are corrugated and horizontally aligned holes are provided along the length of the plate with the interior two rows of such holes having decreasing diameter in the direction of flow of the combustion gases through the heat tube. In addition, holes are formed at the edges of the corrugations. A burner shield is provided restricting the flow of secondary air to the burner tube.