PEOPLE IN ENERGY: John J. Holland New CFO of Alternative Energy Sources Inc

Energy Resource, August 17, 2006

ENERGY RESOURCE-17 August 2006-PEOPLE IN ENERGY: John J. Holland New CFO of Alternative Energy Sources Inc.(C)2006 JeraOne - http://www.jeraone.com

Alternative Energy Sources Inc. has appointed John J. Holland executive vice president and chief financial officer. Holland joined the Kansas City-based ethanol company on August 16.

As CFO, Holland is responsible for Sarbanes-Oxley and Securities and Exchange Commission compliance, financing and cash management, and raising capital and debt financing for the company's growth and planned construction of ethanol plants. He will also build and manage AENS's accounting team.

Holland joins the company following a 24-year career in the pre-engineered metal buildings industry with Butler Manufacturing Co. in Kansas City, Mo., where he was named chairman of the board and CEO in 2001. At that time the company had approximately 4,500 employees and nearly $1 billion in revenues. In 2004 Holland led a strategic evaluation process, culminating in the sale of Butler to BlueScope Steel, Australia's largest steel company.

"John brings to AENS extensive public company experience and a solid background in corporate accounting and finance, having served as Butler's CFO for 10 years," said Mark Beemer, AENS president and CEO. "Since ethanol production facilities are highly industrial and steel intensive, we feel fortunate to add a leader to our team who has vast experience in the steel construction industry."

Holland currently serves as a director with Cooper Tire and Rubber Co. Inc., SCS Transportation Inc., and Saint Luke's Health System of Kansas City.

Early in his career, he was a staff accountant for Arthur Andersen LLP and a controller at Saint Luke's Hospital of Kansas City. He joined Butler in 1980 as corporate accounting manager, moving up the ladder to vice president in 1981, executive vice president in 1998, and president and CEO in 1999.

Since leaving Butler in 2004, Holland had been a consultant with Greentree Ventures, a venture capital, private equity and merchant banking firm based in Olathe, Kan., a Kansas City suburb.

A native of Coffeyville, Kan., Holland holds a bachelor's degree in accounting and an MBA, both from the University of Kansas in Lawrence. He is a certified public accountant and a member of the American Institute of Certified Public Accountants and of Financial Executives International.

Formed on June 12, 2006, Alternative Energy Sources is engaged in the development of "greenfield" sites, including constructing, owning and operating fuel-grade ethanol plants. For more information go to www.aensi.com.

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