SOURCE: Alternate Energy Holdings, Inc.

May 30, 2007 09:15 ET

Alternate Energy Holdings (AEHI) to Be Featured on "21st Century Business"

LYNCHBURG, VA--(Marketwire - May 30, 2007) - Alternate Energy Holdings (PINKSHEETS: AEHI) announced that Alexander Haig, host of the award-winning and internationally acclaimed television show "21st Century Business," has selected AEHI to be featured on the program. The segment will be filmed in June 2007 and aired July/August 2007 on CNBC. Focus will be on the company's unique position and capabilities within the energy industry, as well as the valuable investment opportunities provided by AEHI. President and CEO Don Gillispie states, "It will be an honor to be interviewed by such a distinguished American."

About "21st Century Business"

"21st Century Business" airs on CNBC (as paid programming) and the Bravo! Network (as paid programming). "21st Century Business" may also be viewed on US Airways in-flight TV, or through video on demand via www.21cbtv.com. The 21CBTV Series is also available at more than 90 prestigious college universities, including Carnegie Mellon University, Howard University, Dartmouth College and Georgetown University.

For specific market-by-market air dates and times, please visit http://www.21CBTV.com/broadcast/1730.html or e-mail Moniqueh@mmpusa.com. For more information, please visit www.21CBTV.com.

About Idaho Energy Complex Corporation

The Idaho Energy Complex, a holding of AEHI, is a proposed commercial nuclear power plant/bio-fuel generation facility to be constructed on a designated sight near Grand View, Idaho. The electricity provided by the nuclear plant would be sufficient to power Idaho's growing needs and allow the elimination of fossil fuels for current power production. Additionally, excess heat from the nuclear reactor would be used to produce ethanol and methane from local crops and agricultural waste.

About Alternate Energy Holdings, Inc.

Alternate Energy Holdings actively acquires private green energy companies, as well as develops and markets innovative clean energy sources. Current projects include nuclear construction, bio-fuel generation, a safe and effective system for removing carbon dioxide from coal and natural gas plants emissions, and marketable lightning harvesting technology for electricity production.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, 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 the forward-looking statements included in this press release will prove accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation that the objective and plans of AEHI will be achieved.

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