BioFuel Energy Announces Earnings Release and Shareholder Conference Call

Author: BioFuel Energy Corp.
May 6, 2008

DENVER, COLORADO – MAY 6, 2008 – BIOFUEL ENERGY CORP. (NASDAQ:BIOF) announced today that it will be releasing its first quarter results on Monday, May 12, 2008, after the market closes.

The Company plans to host a conference call on Tuesday, May 13, 2008 beginning at 11:00 a.m. (EDT) to discuss the results. To participate, please dial (800) 944-8766. The participant code for the call is 44169. Approximately 90 minutes following the call, a phone playback will be available for 30 days by dialing (866) 281-6782. The access code for the replay is 158170.

BioFuel Energy is a development stage company currently engaged in constructing two 115 million gallons per year ethanol plants in the Midwestern corn belt. The Company’s goal is to become a leading ethanol producer in the United States by acquiring, developing, owning and operating ethanol production facilities.

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