BIG STONE, SD

To efficiently produce ethanol, POET Biorefining - Big Stone can only grind minimal amounts of corn with greater than 17.5% moisture or damaged corn. We have limited amount of room for 17.5% and above moisture. Corn above 20% moisture or with more than 5% damage may be rejected.

POET is the development, design/build, management and marketing company for POET Biorefining - Big Stone.

POET Biorefining - Big Stone began full operation in June of 2002. The plant produces 79 million gallons of ethanol per year. The ethanol produced at POET Biorefining is marketed through POET Ethanol Products. The Dakota Gold® distillers dried grain with solubles is marketed through POET Nutrition.

NOTES

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• We offer Basis Fixed Contracts, Cash Contracts, Futures Fixed Contracts and Minimum Price Contracts using at the money calls.