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VeraSun Energy Completes Merger with US BioEnergy: Forms First Ethanol Giant - VIDEO ENHANCED

BROOKINGS, SD - April 2, 2008 - VeraSun Energy Corp. announced on Mondaythat it closed the merger with US BioEnergy Corp. after the transaction wasapproved by a majority vote of shareholders of both companies. The mergertook effect on April 1, 2008.

“We are pleased to complete the merger with US BioEnergy and weare well on our way to integrating our companies,” said VeraSun CEODon Endres. “We look forward to realizing the synergies of ourcombined business as we expect to reach 16 biorefineries and an operatingcapacity of more than 1.6 billion gallons by the end of 2008. The size andscale that results from this merger will allow us to become more relevantto our customers in the petroleum industry and continue to position VeraSunas a premier platform company in the renewable fuels industry.”

Under the merger agreement, each outstanding share of US BioEnergycommon stock will be converted into 0.810 shares of VeraSun common stock,representing a premium of approximately 11 percent based on Nov. 23, 2007,closing prices. The existing VeraSun shares will remain outstanding andwill represent approximately 59 percent of the shares outstanding after themerger. VeraSun common stock will continue to trade on the NYSE under thesymbol “VSE”.

With the completion of the merger, VeraSun owns and operates 10 ethanolproduction facilities with an annual capacity of 980 million gallons peryear (MMGY). Seven other facilities are currently under construction ordevelopment. By the end of 2008, the company expects to have 16 productionfacilities in operation with a capacity of approximately 1.64 billiongallons, making VeraSun the largest ethanol producer in the UnitedStates.

About VeraSun Energy Corporation
VeraSun Energy Corporation, headquartered in Brookings, S.D., is a leading producer of renewable fuel.Founded in 2001, the company has 980 million gallons per year (MMGY) ofethanol production capacity through 10 operating facilities. Sevenfacilities are currently either under construction or development with acombined capacity of 770 MMGY. Upon completion of the new facilities,VeraSun Energy will have an annual production capacity of approximately1.75 billion gallons. The company announced it started construction at itsAurora facility to extract oil from dried distillers grains, a co-productof the ethanol process, for use in biodiesel production.

VeraSun markets E85, a blend of 85 percent ethanol and 15 percentgasoline for use in Flexible Fuel Vehicles (FFVs), directly to fuelretailers under the brand VE85™. VeraSun Energy now has approximately150 VE85™ retail locations under contract in more than fifteen statesand Washington, D.C. For more information, please visit VeraSunEnergy’s websites at www.verasun.com or www.VE85.com.