Aventine Renewable announces new three year labor agreement

June 30, 2006

PEKIN, Ill., June 30 /PRNewswire-FirstCall/ — Aventine Renewable Energy Holdings, Inc. announced today that it has a new three-year labor agreement with the unionized employees at its Pekin, Illinois facility. The union employees are represented by the United Steelworkers International Union, Local 7-662.

ABOUT AVENTINE RENEWABLE ENERGY HOLDINGS, INC.

Aventine Renewable Energy Holdings, Inc. is a leading producer and marketer of ethanol in the United States. The Company markets and distributes ethanol to many leading energy companies. In addition to ethanol, the Company is also a producer of corn gluten feed, corn germ and brewers’ yeast.

Internet address: http://www.aventinerei.com/ . FORWARD LOOKING STATEMENT

Certain statements made in this news release are forward looking in nature and, accordingly, are subject to risks and uncertainties. These forward- looking statements are only predictions based on our current expectations and projections about future events. Important factors could cause our actual results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. These factors include, but are not limited to, those discussed in our Registration Statement on Form S-l under the caption “Risk Factors.”

Aventine Renewable Energy Holdings, Inc.

CONTACT: Les Nelson, Director-Investor Relations of Aventine RenewableEnergy Holdings, Inc., +1-309-347-9709

Web site: http://www.aventinerei.com/
Source: PRNewswire-FirstCall

Source: RedOrbit

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