Toner particles are prepared by a process comprising providing an extrusion apparatus; adding resin particles and additive particles to a supply means in the extrusion apparatus; adding the resin particles and the additive particles to a blending chamber in the extrusion apparatus, which blending chamber is maintained at a temperature of from about 50.degree. C. to about 120.degree. C.; blending the resin particles and the additive particles to form a mixture; extruding the resin particles to form extruded material; injecting liquid substances, which have a lower boiling point than the melt temperature of the resin particles, into the blending chamber during extrusion without the application of a vacuum to remove the liquid substances prior to extrusion; and grinding the extruded material to form toner particles.