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Heartland Energy (HEGP) Announces Creation of Advisory Board

Posted on: Tuesday, 28 November 2006, 18:00 CST

Heartland Energy Group Inc. (Pink Sheets:HEGP) announced today, that it is forming an Advisory Board. The Advisory Board will be composed of professionals and business leaders with proven success in the field. In addition the Advisory Board will assist the Company's executive and Board of Directors in strengthening the Company's leadership and help the Company realize its vision for the future.

The Advisory Board will counsel Heartland Energy on a wide variety of issues, including the expansion of the business, financial and technical issues. They will also provide guidance and support for decision-making and strategy formulation and assist in building and growing the business.

Heartland Energy Group President Roy Thornhill stated: "Heartland Energy is putting together accomplished advisory board members in order to realize its vision for the future. We will form a team of distinguished leaders and industry experts with the knowledge and reputations that will assist us in achieving our business goals."

Ethanol Industry:

The growing interest in ethanol, a clean, corn-based renewable resource, has paralleled the escalating price of gas and the urgent need to break the country's dependence on crude oil. Recently, the Big Three automobile manufacturers, GM (NYSE:GM), Ford (NYSE:F), and DaimlerChrysler (NYSE:DCX), appealed to Congress for incentives to increase the number of gas stations that offer blends of ethanol. Last year, Microsoft (NasdaqGS:MSFT) co-founder Bill Gates invested $84 million into Pacific Ethanol (NasdaqGM:PEIX). Sir Richard Branson, chairman of the Virgin Group and worth an estimated $3 Billion, has plans to invest $300 to $400 million to produce and market this alternative fuel. Vinod Khosla, "guru" of Silicon Valley, co-founder of Sun Microsystems (NasdaqGS:SUNW), and one of ethanol's most vocal advocates, has personally invested millions in private companies involved in the development of ethanol.

About Heartland Energy Group, Inc.:

Heartland Energy Group, Inc. is a North American-based alternative fuel resource and service company, dedicated to developing the infrastructure for the delivery of ethanol (e85). Heartland seeks to eliminate North America's dependency on foreign energy sources by focusing on innovative engineering that will enable the mass distribution of ethanol. Heartland Energy Group will transcend the future of renewable energy resources, with the ultimate goal of creating a cleaner brighter energy solution for North America. For more information, visit us at www.HeartlandEnergyGroup.com.

Forward-Looking Statements:

Based on current expectations and assumptions, forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical experience and projections. Such forward-looking statements are inherently uncertain, and actual results may differ from those expressed or implied. Consequently, readers should not place undue reliance on any forward-looking statements. Heartland Energy Group, Inc. undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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Source: Business Wire

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