Pacific Ethanol (PEIX) Files 33M Common Shelf for Shareholders

Pacific Ethanol, Inc. (Nasdaq: PEIX) filed a registration with the U.S. SEC to sell, from time to time, up to 33 million shares of its Common Stock by Selling Shareholders. The total includes 7,369,714 shares of common stock issuable, at the Company's election, in payment of interest under the terms of its senior unsecured notes, or Notes, and 25,630,286 shares of our common stock issuable upon exercise of our warrants, or Warrants.

Pacific Ethanol will not receive proceeds from the secondary sales.

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