VeraSun Energy Corporation Reports Third-Quarter Financial Results

Significant Growth in Earnings, Revenues, Cash Flows and Liquidity

FOR IMMEDIATE RELEASE
November 6, 2006

Brookings, S.D., November 6, 2006 – VeraSun Energy Corporation, (NYSE:VSE), the nation's second-largest ethanol producer, today announced its results for the third quarter of 2006 ended September 30, 2006. Earnings were $32.0 million or $0.40 per diluted share. Operating cash flows were $62.0 million and cash on hand increased to $444.0 million, including $81.3 million of restricted cash for the construction of the Charles City, Iowa, production facility.

"We had another strong quarter executing on our long term growth strategy and continuing to add depth to our management team," said VeraSun Chairman and CEO Don Endres. "We are pleased with our financial performance, which was driven by our continued focus on operational excellence, additional volume from our facilities, lower corn and natural gas costs, and a favorable ethanol pricing environment."

Endres continued, "Our performance this quarter is an illustration of our focus on delivering the best value to our shareholders, employees, customers, partners and communities. We remain confident that we have laid a strong foundation for continued production expansion and leadership in the ethanol industry."

Financial Highlights

Third Quarter 2006

• Diluted earnings per share (EPS) of $0.40
• Net income of $32.0 million, or 22 percent of revenues
• Total revenues of $147.5 million, up $90.5 million, or 159 percent, versus Q3 2005
• Cash flows from operations of $62.0 million
• Cash on hand of $444.0 million, including restricted cash
• EBITDA of $62.2 million, or 42 percent of revenues