Disclaimer

This shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation, or sale would be unlawful under the securities laws of any such state. The offer is made only by the prospectus, a copy of which may be obtained from Heron Lake BioEnergy, LLC, P.O. Box 198, Heron Lake, MN 56137

Statements made in this publication about Heron Lake BioEnergy, LLC's future production, operation, availability of tax credits, or other future prospectus, other than statements of historical fact, are forward-looking statements and are subject to a number of uncertainties that could cause actual results to differ materially from the statements made, including risks associated with the ethanol industry generally, and the ability of the company to timely meet all requirements of financing and construction of the plant. See the Heron Lake BioEnergy Prospectus for information about the risks of Heron Lake BioEnergy's public offering.