AEHI Is the Only Publicly Traded Company Proposing a Free Market Advanced Nuclear Generating Company for US

* Reuters is not responsible for the content in this press release.

Mon Mar 30, 2009 9:15am EDT

  BOISE, ID, Mar 30 (MARKET WIRE) -- 
Alternate Energy Holdings, Inc. (PINKSHEETS: AEHI): The Idaho Energy
Complex, an advanced nuclear plant, is the only proposed pure nuclear
generating company in the US and possibly in the world that is investor
owned and publicly traded by AEHI. AEHI is the only public company to
have proposed any new nuclear power plants west of the Rockies. Most who
operate nuclear plants are regulated utilities unable to benefit from the
free market thus the significant profitably of these electricity
generators. So, when you purchase a US nuclear utility stock you are also
investing in coal, natural gas, hydro plants and other non-energy
ventures.

    AEHI is working with the Mexican government to construct a proposed
advanced nuclear reactor for electricity and desalination of sea water
into potable water for the southwestern US. The company has an MOU for
land-water for an advanced nuclear reactor site plus joint venture on
solar at the Colorado Energy Park near Pueblo, CO. Also, the company is
in early discussions regarding supplying a reactor for electricity and to
remove oil from Tar Sands in Alberta, Canada. Another AEHI holding is
Energy Neutral which uses technology and renewables to virtually
eliminate energy bills for homes, businesses and farms, and is beginning
to do business in Arizona, Colorado and Idaho.

    The company has arrangements in several Asian countries, including China
and Korea to obtain funding and strategic partners for its projects.

    About Alternate Energy Holdings, Inc. (www.alternateenergyholdings.com)

    Alternate Energy Holdings develops and markets innovative clean energy
sources. Current projects include the Idaho Energy Complex
(www.idahoenergycomplex.com), an advanced nuclear plant and bio-fuel
generation facility, energy-neutral home and business technology
(www.energyneutralinc.com), Colorado Energy Park and International
Reactors, Inc., which assists developing countries with nuclear reactors
for power generation, production of potable water and other suitable
applications.

    "Safe Harbor" Statement under the Private Securities Litigation Reform Act
of 1995: This press release may contain certain forward-looking statements
within the meaning of Sections 27A & 21E of the amended Securities and
Exchange Acts of 1933-34,which are intended to be covered by the safe
harbors created thereby. Although AEHI believes that the assumptions
underlying the forward-looking statements contained herein are reasonable,
there can be no assurance that these statements included in this press
release will prove accurate.

    

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