Bion Environmental Technologies Announces Formation of Advisory Board, Names Glickman, Howard, Lechtenberg, and Spier as Initial Members.

Business Editors

NEW YORK--(BUSINESS WIRE)--July 13, 2001

Bion Environmental Technologies, Inc. (BION - OTCBB) has announced the formation of an Advisory Board to assist the Company in its strategic growth plans. The Advisory Board will be comprised of high-level experts in agriculture, research, industry and finance.

The initial members of the Advisory Board are:

1) Former U.S. Agriculture Secretary Dan Glickman, who served as a

member of President Clinton's Cabinet for six years and whose

service prior to that position included 18 years as a member of

the U.S. House of Representatives.

2) Mr. John D. Howard, Managing Director at Bear Stearns & Co. Inc.

and head of Bear Stearns Merchant Banking Group whose prior

experience includes executive positions with Vestar Capital

Partners, Inc. and Wesray Capital Corporation, Mr. Howard is a

director of Aeropostal, Inc., Dyersberg Corporation, Integrated

Circuit System, Inc., and Nice-Pac Holdings, Inc.

3) Victor L. Lechtenberg, Ph.D., Dean of Agriculture at Purdue

University -- a premier land grant college of agriculture. Dr.

Lechtenberg is chairman of the National Agricultural Research,

Extension, Education, and Economics Advisory Board.

4) Mr. William Spier is the former Vice Chairman of Phibro-Salomon,

an international commodity trading and investment banking firm.

Mr. Spier also serves as a director of Keystone Consolidated

Industries and Empire Resources, Inc.

Bion's CEO, David J. Mitchell, said, "Bion's commitment to our customers and investors alike is to provide excellent service, superior products, and enhanced investor value. The addition of Secretary Glickman, Mr. Howard, Dean Lecthenberg, and Mr. Spier to our Advisory Board will help Bion address the myriad of issues associated with large animal agriculture and the interface with business, economic, environmental and political issues."

"Production agriculture, environmental necessities, and raw economics are coming together like never before." Glickman said, "Companies on the cutting edge, like Bion, are well positioned to change the entire way farming and natural resources management has been done throughout our history. I look forward to assisting Bion in this very worthy effort."

Bion Environmental Technologies, Inc., a publicly traded company (symbol: BION), is a full service waste management company that has served the Livestock Industry since 1989. The Company uses environmentally superior technologies that are revolutionizing the way farm management is addressed by expanding both economic and environmental opportunities. Bion systems incorporate a patented biological process that safely converts animal waste into nutrient rich soil and fertilizer products, which are valued for their high organics, slow release nutrients, and odorless characteristics. Bion's family of products are used in home gardens, potting soils, organic farms, golf courses, athletic fields, and soil remediation projects. There are currently 14 Bion systems across the nation. The company has recently developed a tank-based system, which converts animal waste into a nutrient rich fertilizer within a 12-hour cycle. The new systems have real time electronic monitoring and sensing controls that precisely track the fate of all nutrient elements and air emissions. The second-generation systems will be put into commercial operation later this year.

This material includes forward-looking statements based on management's current reasonable business expectations. These statements are made in reliance on the Private Securities Litigation Reform Act, Section 27A of the Securities Act of 1933, as amended. There are numerous risks and uncertainties that could result in actual results differing materially from expected outcomes. The material should be read in conjunction with the Company's current annual and quarterly reports filed with the SEC, which contain discussions of currently known factors that could significantly impact the Company's future expectations.