Company Will Host Conference Call and Web Cast on May 19, 2008

Pacific Ethanol today announced start-up is complete at its Magic Valley production facility in Burley, Idaho. The company also released details of the opening ceremony for plant.

Pacific Ethanol CEO Neil Koehler recently appeared on CNBC's Fast Money to answer tough questions about the ethanol industry.

Fox Business News turns to CEO Neil Koehler to answer questions about the viability of ethanol in the face of rising corn prices.

Pacific Ethanol, Inc. (NASDAQ GM: PEIX) today announced that it has closed the transactions contemplated under its Securities Purchase Agreement dated March 18, 2008 with Lyles United, LLC.

Pacific Ethanol, Inc. today announced a delay in the filing of its Annual Report on Form 10-K for the year ended December 31, 2007. As a result, the Company will file a Form 12b-25 with the U.S. Securities and Exchange Commission for an automatic extension of time to file the Form 10-K and will make the filing by March 31, 2008.

Recent reports have attempted to determine the environmental consequences of land use changes around the world. In doing so, several have chosen to single out biofuels as contributors to a "carbon debt." These analyses are fundamentally flawed. Read Pacific Ethanol's response.

January 28, 2008, -- Sacramento, CA -- Pacific Ethanol, Inc. (NASDAQ:PEIX), the largest West Coast-based marketer and producer of ethanol, today announced the U.S. Department of Energy has included Pacific Ethanol in a matching award totaling $24.32 million to build the first cellulosic ethanol demonstration plant in the Northwest United States.