Alternate Energy Holdings, Inc.'s Second Nuclear Site Continues to Move Forward in...

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Tue Apr 6, 2010 9:02am EDT

Alternate Energy Holdings, Inc.'s Second Nuclear Site Continues to Move Forward
in Idaho

BOISE, Idaho, April 6, 2010 (GLOBE NEWSWIRE) -- Alternate Energy Holdings, Inc.
(OTCBB:AEHI) today announced that during a recent hearing before the Elmore
County Planning and Zoning Commission, the Commissioners decided to recommend a
change to the wording of the county's comprehensive plan. The current plan
requires industrial development to locate along Simco Road, which was a sticking
point for a plan by Alternate Energy Holdings to build a nuclear power plant in
another part of the county.

"This latest decision keeps the door open for a possible nuclear power plant in
Elmore County, and I believe it reflects the Commissioners' continued desire to
keep our project in play. While AEHI's Payette County site is currently the lead
location in Idaho, we also welcome the news that Elmore County is taking such
steps to increase the possibility for more economic development," said Don
Gillispie, AEHI CEO.

During the meeting, a nuclear power opponent also requested the Commissioners
change the wording of the comprehensive plan in a way that would close the door
to a nuclear power plant, and the Commissioners refused this requested wording
change.

"Before long, AEHI may be faced with a decision that no one expected, choosing
between two approved sites, one in Payette County, the other in Elmore County,"
said Gillispie.

Nuclear power has been recognized as a vital method to increase economic
viability especially in rural communities like those proposed in Elmore and
Payette counties. AEHI's project is estimated to increase employment by more
than 5,000 workers through construction and more than 1,000 during ongoing plant
operations.

The commercial benefit during construction is even more impressive, increasing
the state's GDP by $5.8 billion, with $4.3 billion of that money filtering
directly through the county.

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

Alternate Energy Holdings develops and markets innovative clean energy sources.
The company is the nation's only independent nuclear power plant developer
seeking to build new power plants in multiple non-nuclear states. Other projects
include Energy Neutral, which removes energy demands from homes and businesses
(http://www.energyneutralinc.com/), Colorado Energy Park (nuclear and solar
generation), and International Reactors, which assists developing countries with
nuclear reactors for power generation, production of potable water and other
suitable applications. AEHI China, headquartered in Beijing, develops joint
ventures to produce nuclear plant components and consults on nuclear power. AEHI
Korea, Seoul, is assisting KEPCO (Korea Electric Power Corporation) to export
their APR 1400 reactor into the U.S. and achieve NRC design certification.

CONTACT:  Crescendo Communications, LLC
          Investor Relations Firm:
          David K. Waldman
          John J. Quirk, Jr.
          (212) 671-1020
          aehi@crescendo-ir.com

          Alternate Energy Holdings, Inc.
          Media:
          Dan Hamilton
          (208) 914-8894
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