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AEHI Thankful for Payette Hearing Support for New Idaho Nuclear Plant Site

^{Published on 2009-11-24 06:34:26 - Market Wire}
 

BOISE, ID--(Marketwire - November 24, 2009) - Alternate Energy Holdings, Inc. (PINKSHEETS: [ AEHI ]): Supportive speakers outnumbered opponents 2 to 1 overall at AEHI's Comprehensive Plan amendment application hearing in Payette County, Idaho for the development of a nuclear power plant November 19th. The ratio was closer to 3 to 1 in favor after discounting the usual anti-nuclear groups from around the state who have no vested interest in the county. Supporters included mayors, mayor-elects and city council members of county towns as well as some of the larger business owners in the area.

Don Gillispie, AEHI Chairman and CEO, said, " We have much to be thankful this year at AEHI including significant progress at our nuclear sites in Idaho and Colorado; the start of construction on our first Energy Neutral house; our new office in Beijing and related new MOUs; and a new project office in Seoul working with the Koreans to import their advanced reactor to the US.

"Many large investors and financial organizations have been watching our progress and have clearly indicated local nuclear site approval will be key to their participation," said Gillispie.

Happy Thanksgiving to our supporters and investors from AEHI. We feel truly blessed.

About Alternate Energy Holdings, Inc. ([ www.alternateenergyholdings.com ])

Alternate Energy Holdings develops and markets innovative clean energy sources. The company is the nation's only publicly traded independent nuclear power plant developer willing to build power plants in non-nuclear states. Other projects include, Energy Neutral which removes energy demands from homes and businesses ([ www.energyneutralinc.com ]), Colorado Energy Park (nuclear and solar generation), and International Reactors, which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications. Also, AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power.

"Safe Harbor" Statement: This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although AEHI believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate.