Amex Confirms Listing Compliance for BPI Energy.

CLEVELAND -- BPI Energy Holdings, Inc. (Amex:BPG), today announced that it has received a letter from the American Stock Exchange advising the company that it is now in compliance with Amex's company listing requirements.

As previously announced in October 2007, former Burlington Resources CFO Joseph P. McCoy was appointed an independent director of the Board, and currently serves as a member and the chair of its Audit Committee. This action returned BPI to compliance with the provisions of Rule 121(B)(2)(a) of the American Stock Exchange Company Guide requiring that the Audit Committee be composed of at least three independent directors. The Board vacancy was created in September 2007 when a former director resigned.

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About BPI Energy

BPI Energy (BPI) is an independent energy company engaged in the exploration, production and commercial sale of coalbed methane (CBM) in the Illinois Basin, which covers approximately 60,000 square miles in Illinois, southwestern Indiana and northwestern Kentucky. The company controls a large CBM acreage position in the Illinois Basin at approximately 512,000 acres.

News releases and other information on the company are available on the Internet at: http://www.bpi-energy.com