USBE US Bioenergy Corp (MM)

US BioEnergy Corporation (NASDAQ:USBE), a leading ethanol producer in the United States, announced today that US Bio Marion, its Marion, S.D. ethanol plant, began production in February. The company acquired the 110 million gallon per year (mmgy) ethanol plant while under construction in August 2007. US Bio Marion, located north of Marion in southeastern South Dakota, has the capacity to produce approximately 110 million gallons of ethanol and 320,000 tons of distillers grains per year from about 40 million bushels of corn provided by local farmers and has created nearly 45 new jobs. �We are excited to have our fifth plant operating and extend our congratulations to the Marion team,� Gordon Ommen, CEO of US BioEnergy, stated. �US Bio Marion provides domestically produced biofuel from locally grown corn, which not only reduces our country�s dependence on foreign oil, but also benefits the local economy.� About US BioEnergy Corporation US BioEnergy Corporation (NASDAQ: USBE), based in St. Paul, Minn., is a leading producer and marketer of ethanol and distillers grains. Founded in 2004, the company currently owns and operates five ethanol plants in Albert City, Iowa, Marion, S.D., Ord and Platte Valley, Neb., and Woodbury, Mich. Three additional ethanol plants are currently under construction in Hankinson, N.D., Dyersville, Iowa, and Janesville, Minn. Upon completion of these initiatives, the company will own and operate eight plants with combined expected ethanol production capacity of 750 million gallons. Safe Harbor Statement Certain matters discussed in this news release are "forward-looking statements." The Private Securities Litigation Reform Act of 1995 has established that these statements qualify for safe harbors from liability. Forward-looking statements may include words like "believe," "anticipate," "target," "expect," "pro forma," "estimate," "intend," "guidance" or words of similar meaning. Forward-looking statements describe future plans, objectives, expectations or goals. Although US BioEnergy Corporation believes that its expectations are based on reasonable assumptions, all forward-looking statements involve risk and uncertainty. Therefore, actual results could vary materially from what we expect. Please review our filings the Securities and Exchange Commission, including Quarterly Report on Form 10-Q for the year ended September 30, 2007, for important risk factors that could cause results to differ materially from those in any such forward-looking statements. Any forward-looking statement speaks only as of the date such statement was made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement was made except as required by applicable laws or regulations.