Pacific Ethanol, Inc. Suspends Construction Of CA Ethanol Project

from Pacific Ethanol, Inc. (Press Release)

Sacramento, CA, December 10, 2007—Pacific Ethanol, Inc. (NASDAQ GM: PEIX), the largest West Coast-based marketer and producer of ethanol, today announced that it has suspended construction of its Imperial Valley project near Calipatria, California until market conditions improve.

Neil Koehler CEO observed, “We remain committed to completing our ethanol project in Imperial Valley. However, given current ethanol market conditions we feel it is prudent and strategic to suspend construction until the market improves.

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