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BioFuel Energy Announces Earnings Release and Shareholder Conference Call

DENVER, May 6 /PRNewswire-FirstCall/ -- 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.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070319/LAM081LOGO)

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.

     Contact: David J. Kornder              For more information:
     Executive Vice President &             http://www.bfenergy.com
     Chief Financial Officer
     (303) 592-8110
     dkornder@bfenergy.com