AE Biofuels Announces First European Export Shipment From Indian Biodiesel Plant

CUPERTINO, Calif.--(Business Wire)--
AE Biofuels Inc., (OTCBB:AEBF), a global vertically integrated biofuels
producer, today announced the company`s wholly-owned subsidiary, Universal
Biofuels Pvt. Ltd., a 50 million gallon per year biodiesel production facility
located in Kakinada, India, has completed a $3 million shipment of biodiesel to
a large European customer. The company is licensed to sell biodiesel both
domestically and internationally.

Universal Biofuels completed construction and commissioning of the Kakinada
plant in November of 2008, and has been producing and selling biodiesel and
glycerin to a variety of customers in India.

"We are very pleased to have completed this first European export sales
transaction, and even more pleased with the continued positive momentum in our
business," said Sanjeev Gupta, chairman and managing director of Universal
Biofuels. "We believe that Universal Biofuels is uniquely positioned to serve
customers of all sizes, both in India and across the globe."

About AE Biofuels

AE Biofuels, Inc. is a global vertically integrated biofuels company, based in
Cupertino, California, developing sustainable solutions to the world's renewable
energy needs. The company is commercializing its patent-pending next-generation
cellulosic ethanol technology that enables the production of biofuels from both
non-food and traditional materials. Its Universal Biofuels subsidiary owns a 50
million gallon per year biodiesel facility on the east coast of India. For
additional information about AE Biofuels, please visit: www.aebiofuels.com and
www.universalbiofuelsltd.com

AE Biofuels, Inc.
Andy Foster, 408-213-0928
afoster@aebiofuels.com

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