Pure Biofuels Confirms Callao Port Facility Annual Capacity at Fifty (plus) Million Gallons

LOS ANGELES--Pure Biofuels today confirmed its decision to increase its planned capacity at its primary Callao Port facility near the capital city of Lima, Peru. Consisting of three 17.5 million gallon per year modules, the facility will be capable of an annual production capacity of 52.5 million gallons of biodiesel per year. The plant is being built on a 47,000-square-meter parcel of waterfront land located a short distance from the La Pampilla Refinery, one of Peru’s largest oil refineries.

In previous company announcements, Pure Biofuels’ president, Luis Goyzueta, has provided names of the construction company contracted to build the refinery and the engineering firm designing the facility. Veteran Peruvian engineering firm, Polindustria, has been hired as General Contractor and Capricorn Chemical Engineering SA ("Capricorn") will provide basic engineering, process flow design, and instrumentation and control schematics. Both companies have many years worth of experience in infrastructure projects such as Pure Biofuels is planning.

"We are extremely pleased with the team we have pulled together for our primary facility and we're very confident in our plans to establish Pure Biofuels as one of South America's true leaders in alternative energy production," stated Mr. Goyzueta. "With a 50 million gallon per year facility, Pure Biofuels can make a significant impact on the amount of diesel fuel used in Peru, and, more importantly, we can help contribute to the energy independence of all of South America."

About Pure Biofuels

Pure Biofuels is committed to being a leader in Latin America's rapidly emerging biofuels industry. Pure Biofuels' flagship project, the Callao Port biodiesel refinery near Lima, Peru, is scheduled to commence production during the fourth quarter of 2007. The Callao Port refinery will process biodiesel from crude palm oil feedstock. Pure Biofuels has secured memorandums of understanding with local fuel distributors for all of Callao Port's annual biodiesel production. For more information about Pure Biofuels, please visit: http://www.purebiofuels.com/home.html

About Biodiesel

Biodiesel is a clean and renewable energy source derived from vegetable oil that can be used in unmodified diesel engines. Biodiesel improves overall engine performance, is 100% compatible with existing diesel vehicles and infrastructure, and has proven reliable in over 50 million miles of road testing. Biodiesel significantly reduces harmful exhaust emissions, which contribute to global warming; is non-toxic at any level; and is the first and only fuel to have passed the Clean Air Act. The United Nations expects biofuels to account for a full 25% of world energy needs by 2025.