NEWS  06/04/08 2:47:59 PM

June 02, 2008 After much thought and consideration about the current market conditions, the Board of Directors of Amaizing Energy Holding Company (“AEHC”) made a determination to postpone any offering of AEHC's securities to fund the expansion of its Denison plant and the construction of the Atlantic plant.  As a result, on April 7, 2008, AEHC notified the Securities and Exchange Commission of its desire to withdraw its pending registration statement. No securities were offered or sold pursuant to the registration statement.   AEHC is continuing to evaluate market conditions and explore possible debt and equity options for the construction of its Atlantic plant.

Following the withdrawal of AEHC’s registration statement, the Board of Directors of Amaizing Energy Cooperative (the “Coop”) has made a determination to resume trading on the Coop’s qualified matching service (“QMS”).  Potential trades may be posted beginning June 2, 2008.  The Coop board reserves the right to suspend trading on the Coop’s QMS in the event the Coop receives notification that AEHC is going to proceed with some type of equity offering.

 

The Coop’s membership units in AEHC had been included in AEHC’s registration statement in order to provide a mechanism for the Coop to dissolve and distribute its membership units in AEHC to each individual Coop member.  Since the registration statement has been withdrawn, discussions about the dissolution of the Coop have been suspended and it is necessary to reinstate the Coop’s corn delivery requirements as soon as possible.  The Coop board has made the determination that these requirements will be reinstated effective as of October 1, 2008.    

 
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