appointment of united states chief executive

Australian Ethanol Limited ABN 83 061 375 442
Level 1, Suite 4, 11 Ventnor Avenue, West Perth WA 6005
PO Box 1792, West Perth WA 6872 Telephone: +61 8 9322 9110 Facsimile: +61 8 9322 1007 www.australianethanol.com.au
Ref: S:\Australian Ethanol Limited\Company Secretarial\ASX\Announcements\Other Announcements\060706 US CEO Appointment.doc
6 July 2006
The Manager
Company Announcements Office
Australian Stock Exchange Limited
10th Floor, 20 Bond Street
SYDNEY NSW 2001
Dear Sir / Madam
APPOINTMENT OF UNITED STATES CHIEF EXECUTIVE OFFICER TO US
SUBSIDIARY
The Board of Australian Ethanol Limited (AAE) today announced the appointment of Carla O Andres
to the role of Chief Executive Officer, US Canadian Biofuels Inc (USCB), the wholly owned US
subsidiary of AAE.
Ms Andres has been closely associated with AAE since the group’s initial strategic push into the US
biofuels market in late 2004. She has been a Board member of USCB since its inception and the legal
advisor to the company in her role as corporate counsel with Godfrey & Kahn, S.C.. She has been at
the forefront of the Godfrey & Kahn Renewable Fuels Team, which is highly regarded in the US
biofuels industry as one of the premier legal organisations supporting the rapidly expanding biofuels
industry in the United States.
Ms Andres is based in Green Bay, Wisconsin, in the US mid west which is the centre of global
expansion in the international biofuels industry. The Company intends to establish its US headquarters
in Green Bay. Prior to joining Godfrey & Kahn, Ms Andres operated her own legal practice and was
previously a military legal officer (JAG) in the US Air Force based in Hawaii and New York. She is
an honors graduate of the Ohio State University and received her Juris Doctorate from Villanova
University School of Law in 1989. Ms. Andres is currently the President of the Board of Directors of
the YWCA of Green Bay-DePere and has recently been acknowledged by WOMAN magazine as a
regional female business leader in the United States.
The AAE Chairman and CEO, Mr Peter Anderton, who has just returned from the US stated, “The
addition of Carla to the AAE team is another significant step for the company in the development of
the Group and in particular the Beatrice Biodiesel Project in Nebraska. With project financing
discussions for Beatrice Biodiesel at the definitive stage with lenders in the US it is essential that the
company portrays a strong US presence to the investment community.”
Mr Anderton recently attended the International Fuel Ethanol Workshop in Milwaukee, Wisconsin, in
June, where Godfrey & Kahn was a major sponsor. He also met with senior lenders and advanced
termsheet discussions for the project financing package of the Beatrice Project. The Company is
advancing the Beatrice Biodiesel Project as well as other biofuels opportunities in the US.