Cellulose

Raven Biofuels Contracts Larson Engineering to Begin Engineering Phase for Planned Cellulosic Ethanol Plant in Gulf Opportunity Zone of Mississippi

Date Posted: November 19, 2008

Paramus, NJ—Raven Biofuels International Corporation (OTCBB: RVBF) ("Raven" or the "Company") is pleased to announce that it has entered into an agreement with Larson Engineering ("Larson") to begin engineering for Raven's proposed Mississippi biorefinery.

Larson has been involved with 50+ ethanol and biofuels facilities throughout the U.S.

As previously announced, the planned 33 million gallon per year biorefinery on a 35-acre site offers regional benefits such as favorably lower feedstock and labor costs combined with strong State incentives such as The Gulf Opportunity Zone (GO Zone).

In association with the GO Zone initiatives, the project plan also includes an adjacent cogeneration facility to be developed in cooperation with local utilities.

The Gulf Opportunity Zone Act was passed into law on Dec 21, 2005 as an initiative to rebuilding the region devastated by multiple hurricanes (Wilma, Rita and Katrina) in 2005.

Along with Raven's management, Larson will be responsible for conducting site development, geotechnical, permitting and detailed process design work leading to groundbreaking and commercial operation.

Larson will serve as Raven's owner engineer for the duration of the project performing equipment specification, detailed engineering, material procurement and construction management.

John Sams, Raven's President & COO, said, "Raven looks forward to moving the recently announced Mississippi project forward through the selection of Larson Engineering as our Owner's Engineer.

"Larson's experience in the ethanol industry, as well as pulp & paper industry provides an accelerated path for deploying our cellulosic ethanol biorefinery technology in the southern United States.

"This is a strategic location based on the facility's proximity to the gulf coast's oil & gas industry and will provide the seed for the profitable growth of Raven."

Lee A. Granquist, P.E., President of Larson Engineering, said, "Larson is well positioned to assist Raven in the launch of its cellulosic ethanol biorefinery technology.

"Larson's Atlanta office has many years of experience throughout the southern United States and our depth of knowledge in the ethanol market technologies will provide for a cost-effective and efficient roll out of Raven's technology."

Further specifics outlining the agreements between both parties will be made upon completion of negotiations, full details of which will be made publicly available at that time as part of the Company's regulatory disclosure filings with the Securities and Exchange Commission ("SEC").

For more information, call 800-774-9473.

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