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Statement Regarding Second Utility Customer

On December 27, 2006, Evergreen Energy announced that it had signed Agreements with two major utilities to advance the integration of several K-Direct coal refineries in both existing and new coal power plants.

The Company is providing additional information on the agreements with one of those utilities today. The Company continues to proceed with a study with the second utility as well. The Company will provide further information on their agreements with the second utility at a later date.

About Evergreen Energy Inc.

Evergreen Energy Inc. refines coal into a cleaner, more efficient and affordable solid fuel that is available today to meet the growing energy demands of industrial and utility customers while addressing important environmental concerns. Visit www.evgenergy.com for more information.

Contacts:

Analyst and Investors
Karli Anderson
Director, Investor Relations
303-293-2992

Media and Public Affairs
Paul Jacobson
VP, Corporate Communications
303-293-2992

 

 

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