-Pure Biofuels Establishes Jatropha Nursery to Support Its...

-Pure Biofuels Establishes Jatropha Nursery to Support Its Feedstock Needs

-- Nursery to Produce 360,000 Plants in Two Months

-- First Feedstock Yield is Expected in Less Than a Year

-- 80% Of Oil Needed for Production Targeted to Come from


Company-Owned Jatropha Plantation by 2015
LOS ANGELES & LIMA, Peru--(Business Wire)--
Pure Biofuels Corp., (OTCBB:PBOF), a Peruvian-based biodiesel
corporation, today announced that it has established a Jatropha
nursery which will produce an initial 360,000 plants in approximately
two months, scaling up to one million plants per month. The first
yield of oil, which the Company is going to use as feedstock for
biodiesel production, is expected in less than a year.

Pure Biofuels' Chairman Chris Tewell, stated, "The establishment
of a Jatropha nursery is another significant milestone in our growth
strategy. We believe that becoming a self-supplier of feedstock is one
of our competitive differentiators and protects us from commodity
price fluctuations. Importantly, our Jatropha plantation will provide
development to adjacent rural communities, creating more than 10,000
jobs. We are very pleased to commence cultivating our own feedstock
with the target of satisfying our full-scale biodiesel feedstock needs
in the years ahead."

Jatropha is one of the lowest cost feedstock sources for
production of biodiesel. It is a non-food plant that is easy to grow,
even on wastelands. It yields more than 2.5 metric tons of non-edible
oil per hectare per year. Pure Biofuels plans to plant its crops on
marginal land that is unsuitable for cultivating food crops. The
company intends to ramp up to a planting a rate of 1,000 hectares per
month and expects 80% of its feedstock will be derived from its local
Jatropha plantation by 2015.