Pacific Ethanol Granted 180-Day Extension by Nasdaq

Pacific Ethanol, Inc. PEIX announced that it received a letter, dated December 28, 2010, from The Nasdaq Stock Market notifying the company that it has met all of the requirements to be granted an additional 180 days, or until June 27, 2011, to regain compliance with the minimum $1.00 bid price per share requirement for continued listing on The Nasdaq Capital Market.