Bion Environmental Technologies, Inc. Announces Forbes Magazine Feature.

DENVER--(BUSINESS WIRE)--Nov. 2, 1999--

Bion Environmental Technologies, Inc. (OTC BB: BION) announced today that the Company is the subject of a feature appearing in the current issue of Forbes Magazine, dated November 15, 1999, available online at http://www.forbes.com/forbes/99/1115/6412236a.htm.

Jon Northrop, Chief Executive Officer, stated: "We are pleased to receive coverage in a magazine with the reputation and readership of Forbes. As issues concerning water quality continue to move to the forefront, the need for innovative, economical solutions to the problems faced by large hog and dairy farms becomes more apparent. Bion, with its patented technology, provides solutions that bring economic benefits to the livestock industry while they ensure compliance with environmental regulatory requirements. As an added benefit, the systems eliminate the odors causing much of the current opposition to these operations.

"The hog industry is in a difficult situation. Current waste management practices were developed years ago based on the best technology available at that time. Although employed with good intentions, a number of problems are being associated with these techniques that make them unacceptable today. Using advanced applications of existing biological and engineering principles, Bion transforms the liability and expense of livestock waste into a revenue-producing asset, capable of producing significantly better bottom-line performance for the farmer.

"By providing better farming solutions that are both environmentally friendly and economically rewarding, Bion is creating incentives for environmental stewardship that go beyond the threat of fines and penalties. The Company, with its proven technology, is in a unique position to benefit from the changes being mandated in the livestock industry."

Bion Environmental Technologies, Inc., designs and operates patented biological treatment systems that eliminate the odors from large hog and dairy farms and convert the waste into BionSoil, a nutrient-rich, organic fertilizer material. Both Company and University sponsored growth studies have shown BionSoil to have remarkable plant growth-enhancing characteristics, outperforming expensive, highly engineered synthetic products. Research and test marketing indicates a high demand for BionSoil products and that it can be sold profitably. The Company currently has offices in Colorado, New York, Florida, California and North Carolina. Direct any inquiries to Craig Scott, Director of Investor Relations at [phone] or [e-mail]. The Company's website is located at www.biontech.com.

This material includes forward-looking statements made in reliance upon the provisions of Rule 175 promulgated under the Securities Act of 1933. These statements are subject to risks that include, but are not limited to, competition from new technologies, uncertain legislative and regulatory climates and the Company's ability to raise capital to fund operations and establish distribution channels for its products. This material should be read in conjunction with the Company's current Form 10-KSB and/or 10-QSB.