New Generation Biofuels Signs Sales Contract With Delta Chemical Corporation to Provide...

New Generation Biofuels Signs Sales Contract With Delta Chemical Corporation
to Provide up to 371,000 gallons of its Renewable Biofuel

LAKE MARY, Fla., March 24 /PRNewswire-FirstCall/ -- Renewable fuels provider
New Generation Biofuels Holdings, Inc. (Nasdaq: NGBF) today announced that it
has signed a 12-month contract to supply Delta Chemical Corporation of
Baltimore, Maryland, with up to 371,000 gallons per year of renewable biofuel.

New Generation Biofuels will supply Delta Chemical Corporation ("Delta
Chemical") with biofuel for its No. 1, Cleaver-Brooks lead boiler. This
contract will fulfill approximately 50% of Delta Chemical's annual energy
consumption needs. Testing was completed last week with results showing
excellent light-off and combustion properties. Deliveries will begin in the
next two weeks from New Generation Biofuels' new Baltimore production
facility.

"We are very pleased to announce that our first sales contract in the
Baltimore area is with Delta Chemical Corporation, which has taken a positive
step towards renewable and sustainable energy by electing to use our renewable
biofuel to meet its energy needs," said Cary Claiborne, Chief Executive
Officer and Chief Financial Officer of New Generation Biofuels. "Our biofuel
has demonstrated significant overall greenhouse gas emission reductions as
well as local air pollution reductions including nitrogen oxide (NOx) and
sulfur dioxide (SO2) compared to distillate fuel oil and this contract win
will contribute to establishing our brand as an alternative to fossil fuel in
the industrial heating market."

"Working with New Generation Biofuels is important to Delta Chemical as we
strive to understand alternative energy sources in the face of an uncertain
future regulatory environment," said John Besson, President of Delta Chemical
Corporation.

About New Generation Biofuels Holdings, Inc.

New Generation Biofuels is a development-stage renewable fuels provider. New
Generation Biofuels holds an exclusive license for North America, Central
America and the Caribbean to commercialize proprietary technology to
manufacture alternative biofuels from vegetable oils and animal fats that it
markets as a new class of biofuel for power generation, commercial and
industrial heating and marine use. The Company believes that its proprietary
biofuel can provide a lower cost, renewable alternative energy source with
significantly lower emissions than traditional fuels. New Generation Biofuels'
business model calls for establishing direct sales from manufacturing plants
that it may purchase or build and sublicensing its technology to qualified
licensees.

About Delta Chemical Corporation

Delta Chemical Corporation is a leading manufacturer of aluminum-based water
treatment chemicals serving industrial and municipal accounts throughout the
eastern half of the United States.

Forward Looking Statements

This news release contains forward-looking statements. These forward-looking
statements concern our operations, prospects, plans, economic performance and
financial condition and are based largely on our current beliefs and
expectations. These statements involve known and unknown risks, uncertainties
and other factors that may cause actual results to be materially different
from any future results expressed or implied by such forward-looking
statements. The risks and uncertainties related to our business include all
the risks attendant a development stage business in the volatile energy
industry, including, without limitation, the risks set forth under the caption
"Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended
December 31, 2007 and in our Quarterly Reports on Form 10-Q for the quarters
ended June 30, 2008 and September 30, 2008.

Media Contact: Phil Wallis ph: (321) 363-5113
Or pjwallis@newgenerationbiofuels.com

IR Contact: Ed Job, CFA ph: (646) 213-1914
Or ed.job@ccgir.com

Rob Schatz ph: (212) 370-4500
Or rob@wolfeaxelrod.com

SOURCE New Generation Biofuels Holdings, Inc.

Media: Phil Wallis, +1-321-363-5113, pjwallis@newgenerationbiofuels.com; IR:
Ed Job, CFA, +1-646-213-1914, ed.job@ccgir.com, or Rob Schatz,
+1-212-370-4500, rob@wolfeaxelrod.com, both for New Generation Biofuels
Holdings, Inc.