KHOSLA VENTURES AND BIOECON ANNOUNCE JOINT VENTURE AT SINGAPORE BIOFUELS CONFERENCE

Khosla Ventures and Dutch renewable energy company, BIOeCON have announced a joint venture called KiOR, which will commercialize Bioecon's process for converting agricultural waste directly into "biocrude," that can be processed into fuels such as gasoline or diesel in existing oil refineries. KiOR’s new technology expects to provide advantages over other methods of producing biofuels.

The technology and an understanding of the opportunity for biocrude to become a force in the
biofuels industry will be introduced for the first time at the Fifth Annual Asia Biofuels Conference & Expo scheduled for December 11-13, 2007 at the Raffles Hotel.

“BIOeCON will present the BCC: Biomass Catalytic Cracking process and highlight its ability to
integrate this process into the existing petroleum refining and delivery infrastructure, explains
BIOeCON founder, Paul O’Connor. Therefore the technology has a substantial cost advantage
and can also be adopted much more rapidly by the refining industry.”

"If you can do a solution that's compatible with the oil companies and their current refineries,
it becomes much easier for them to get comfortable with it," said Vinod Khosla, CEO of Khosla
Ventures. "Getting them (oil companies) into the game would be a big addition.”

The conference will provide a global update of biofuels expansion and developments with updates and presentations by the Honourable Nelson Hubner, Brazilian Minister of Energy,
the Honourable S. Iswaran, Singapore Minister of Energy, Dr. M.S. Punia, Director, Ministry
of Agriculture, India. Warren Belmar, Deputy General Counsel for Energy Policy, US
Department of Energy, Odilia Dauzacker, Managing Director, Petrobras Singapore, Dr. Paul
O’Connor, Director of Science & Technology, BIOeCON, Netherlands, Kelly Ibsen, Senior
Engineer at the National Bioenergy Center, NREL (USA). In addition, the conference will bring
multiple viewpoints of the region’s future with leaders such as Dr. A. Jagadeesh, President,
Centre for Energy and Sustainable Resources, India, Bhaskara Pratha, CEO of Sri Agro Bio
Labs, India.

Other Key Speakers Include:
• Dr. Sid Mundkur, VP of Technology, DELTA-T CORP
• Dr. Hartmut Klocker, Vice President Asia Business, SIEMENS
• Dr. Thomas Wilharm, CEO, ASG ANALYTIK-SERVICE
• Chris Richards, Fermentation Director, ETHANOL TECHNOLOGIES
• Dr. Luc Duchesne, President, AXIOM IN ACTION
• Dr. Animesh Dutta, Professor, ASIAN INSTITUTE OF TECHNOLOGY
• Dr. Silvia Estermann, Director of Research, BIOLUX BIOENERGY
• Daniel Guddop, Economist & Engineer, LAHMEYER INTERNATIONAL
• Dave Evans, Biofuels Technologist, GRACE DAVISON ENGINEERED MATERIALS
• Daniel Paquin, Bioengineering Scientist, UNIVERSITY OF HAWAII
• Dr. Sharif Hossain, Professor, UNIVERSITY OF MALAYA
• Dr. Nicholas Leadbetter, Professor, UNIVERSITY OF CONNETICUT

Biofuels Conferences
Tel: +1 605.323.0119
Fax: +1 605.323.0122
www.biofuelsconferences.com

Many more speakers from the banking, energy and technology sectors are expected to be part
of the program. The full program and events can be found on the conference website along
with registered companies, delegate registration and sponsor information. Asia Biofuels
Conference website: www.asiabiofuels.com

About Biofuels Conferences
Starting in 2002, Biofuels Conferences has held 15 international biofuels conferences in the
Americas, Asia, Europe and Africa. The company has achieved worldwide recognition within the
biofuels and petrochemical value chain through the organization of our high level strategic and
technical conferences. Extensively researched programs mean that attendance at one of our
conferences guarantees up-to-date discussions and highly effective environment for networking with industry leaders, peers and decision makers.

For further details please contact:

Amber Haugen, Conference Manager, Biofuels Conferences
Tel: +01 605 323 0119 or Email: amber.haugen@biofuelsconferences.com
or visit www.biofuelsconferences.com