Pacific Ethanol, Inc. to Announce FY 2007 Third Quarter Results; Company will Host Conference Call and Web Cast on November 9, 2007

SACRAMENTO, Calif., Nov. 2 /PRNewswire-FirstCall/ -- Pacific Ethanol, Inc. (Nasdaq: PEIX) today announced it will release its fiscal year 2007 third quarter results pre-market on Friday, November 9, 2007.

The Company will host a live conference call and webcast at 10:00 AM EST / 7:00 AM PST on Friday, November 9, 2007. Neil Koehler, Chief Executive Officer, and John Miller, Chief Operating Officer and acting Chief Financial Officer, will host the call.

To listen to the conference call by phone, US callers may dial 800.561.2601. International callers may dial 617.614.3518. All callers should enter access code 63671086.

A live webcast can be accessed on Pacific Ethanol's web site at www.pacificethanol.net. A replay will be available beginning approximately two hours after conclusion of the call. Information regarding replay availability will be included in the earnings release. The webcast will be archived after conclusion of the call.

About Pacific Ethanol, Inc.

Pacific Ethanol is the largest West Coast-based marketer and producer of ethanol. Pacific Ethanol has ethanol plants in Madera, California and in Boardman, Oregon, with three additional plants under construction in Burley, Idaho, Stockton, California and in the Imperial Valley near Calipatria, California. The company owns a 42% interest in Front Range Energy, LLC which owns an ethanol plant in Windsor, Colorado. Central to its growth strategy is its destination business model, whereby each respective ethanol plant achieves lower process and transportation costs by servicing local markets for both fuel and feed. In addition, Pacific Ethanol is working to identify and develop other renewable fuel technologies, such as cellulose-based ethanol production and bio-diesel.

SOURCE Pacific Ethanol, Inc.

Released November 2, 2007