Press Releases

Pacific Ethanol, Inc. (the "Company") (NASDAQ CM:PEIX), the leading West Coast marketer and producer of low carbon renewable fuels, announced the emergence from bankruptcy of Pacific Ethanol Holding Co. LLC ("PEH") and PEH's four wholly-owned ethanol production facility subsidiaries (the "Plant Subsidiaries"), effective today, June 29, 2010.

Pacific Ethanol, Inc. (the "Company") (NASDAQ CM:PEIX), the leading West Coast marketer and producer of low carbon renewable fuels, announced the confirmation of its plan of reorganization ("Confirmed Plan") for its wholly-owned subsidiary, Pacific Ethanol Holding Co. LLC ("PEH"), together with PEH's four wholly-owned ethanol production facility subsidiaries ("Plant Subsidiaries"). The Confirmed Plan, which was unanimously approved by the secured lenders, is expected to be effective by the end of June 2010.

Provides terms for Pacific Ethanol to purchase equity interest in reorganized company. Reduce total debt of reorganized company.

Pacific Ethanol, Inc. (NASDAQ GM: PEIX), the leading West Coast-based marketer and producer of ethanol, announced today its financial results for the three months and year ended December 31, 2009.

Pacific Ethanol, Inc. (the "Company") (NASDAQ GM:PEIX), announced that on March 26, 2010, its wholly-owned subsidiary, Pacific Ethanol Holding Co. LLC ("PEH"), together with PEH's four wholly-owned ethanol production facilities ("Plant Subsidiaries"), filed a Plan of Reorganization ("Plan") and related draft Disclosure Statement with the U.S. Bankruptcy Court in Delaware in cooperation with WestLB AG and other secured lenders. The Company expects PEH and the Plant Subsidiaries to emerge from bankruptcy near the end of the second quarter of this year.

Sacramento, CA, March 8, 2010 - Pacific Ethanol, Inc. (NASDAQ GM: PEIX), (the "Company"), announced today agreements designed to satisfy $34.7 million of the Company's outstanding debt, and to cure existing defaults on the debt.

Pacific Ethanol, Inc. (NASDAQ GM: PEIX), (the "Company"), announced today that it received a letter from The NASDAQ Stock Market ("NASDAQ") on January 25, 2010, which contained a NASDAQ compliance determination that the Company has regained compliance with NASDAQ Listing Rule 5450(a)(1), which requires that listed securities maintain a minimum closing bid price of $1.00 per share.

Pacific Ethanol announced today that it has resumed production at its 60 million gallon per year Magic Valley facility located in Burley, Idaho.