The net proceeds from this IPP sale are expected to eliminate Black Hills’ need to issue equity to finance the pending acquisition of Aquila’s electric utility in Colorado and four natural gas utilities in Colorado, Iowa, Kansas and Nebraska.

“Our sale process was comprehensive, and we believe this sale of select IPP assets produced excellent value for our shareholders,” said David R. Emery, chairman, president and chief executive officer for Black Hills Corp.

“We will remain an active participant in the IPP business. We excel in planning, permitting, constructing and operating reliable and efficient power plants. The latest demonstration of our capabilities is the Valencia facility, a 149 megawatt gas-fired power plant in New Mexico, which went into operation ahead of schedule and below budget on May 30.

“In addition, our expert power generation staff will focus on the ongoing construction of the Wygen III power plant near Gillette, Wyo., for our regulated electric utility, Black Hills Power. After the close of the Aquila utility acquisition, and with Colorado Public Utilities Commission approval, we also intend to pursue the permitting and construction of generating facilities to serve our Colorado electric utility customers.”

The IPP sale received regulatory approval from the Federal Energy Regulatory Commission, antitrust clearance under the Hart-Scott-Rodino Act, and completion of a federal review by the Committee on Foreign Investment in the United States.

This sale completed a process that began when the company announced in October 2007 that its board of directors had approved a strategic review, including potential divestiture, of some of its independent power production plants located throughout the western United States. Following a multi-month strategic review and auction process, the company announced in April 2008 it had entered into a definitive agreement with affiliates of Hastings and IIF to sell the seven IPPs with a total capacity of 974 megawatts.

The following power plants were included in the sale: Asset (State) Capacity (net megawatts) Fountain Valley (Colorado) 240 Las Vegas II (Nevada) 224 Valencia (New Mexico) 149 Arapahoe (Colorado) 130 Harbor Cogeneration (California) 98 Valmont (Colorado) 80 Las Vegas I (Nevada) 53 Total 974

The following power plants remain with the company in the power generation business segment of our non-regulated energy business unit after the sale:

Asset (State) Capacity (net megawatts) Wygen I (Wyoming)* 90 Gillette Combustion Turbine (Wyoming) 40 Ontario Cogeneration (California) 12 Rupert and Glenns Ferry Cogeneration (Idaho)** 11 Power fund investments (various locations) 5 Total 158 * Mine-mouth coal-fired baseload generation ** Capacity represents the Company’s 50 percent interest in the two power plants

Company Partners provides an online service to put people who are looking for business partners in touch with each other, serving both those starting a business, and those growing an existing business. They also enable business angels and those looking for business investment to contact each other directly.

Company Partners also undertakes an annual review of the best business plan applications available and reports on their findings through their Company Partners website. This is the first time that anyone has achieved a highly-recommended rating.

Describing Business Plan Pro, Lawrence Gilbert, Director of Company Partners states Business Plan Pro was “a joy to use, with its easy-to-follow guidance and clear descriptions at each step.” He went on to say it produced, “a polished and professional looking result [and is] highly recommended for any business.”

The review goes on to praise the “easy” setup and installation, and describes the financial section as being based on UK requirements which included “excellent guidance”.

“We are delighted we have received such a ringing endorsement for our latest version from Company Partners,” says Alan Gleeson, Managing Director of Palo Alto Software Ltd. “It is especially pleasing when the independent review covers many of our competitors in the U.K., and we are delighted to be the only business-planning application to receive a ‘highly recommended’ status by Company Partners.” Gleeson goes on to say that “this latest version got a complete overhaul, and is now faster and easier to use than ever before. We are naturally thrilled with this endorsement which justifies our efforts in making Business Plan Pro the fastest and easiest way to write a business plan.”

BUSINESS PLAN PRO the fastest and easiest way to write a business plan
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To read the product review in full, please visit the Company Partners website.

Business Plan Pro 11.0 is available immediately at Palo Alto.co.uk, from Amazon and also from Borders, Oxford Street, London.

About Palo Alto Software Ltd
Palo Alto Software Limited is a privately held company with offices in London, England. Palo Alto Software Limited sells, markets, and distributes international versions of the award-winning software developed by Palo Alto Software, Inc.

Palo Alto Software’s products include Business Plan Pro®, Marketing Plan Pro®, and Email Center Pro®. The company website http://www.paloalto.co.uk , provides product information, product support, and online registration and updates.

Additional information on business planning can be found at http://www.bplans.co.uk.
Click here to access high-resolution images of Business Plan Pro® .

Fortis is an international provider of banking and insurance services to personal, business and institutional customers. We deliver a total package of financial products and services through our own high-performance channels and via intermediaries and other partners. With a market capitalisation of EUR 23.9 billion (30/06/2008), Fortis ranks among Europe’s top 20 financial institutions,. Together with ABN AMRO, we have a presence in over 50 countries and a dedicated, professional workforce of more than 85,000. All this makes us a leader in financial services in Europe, a top 3 private banker and a top tier asset manager. More information is available at www.fortis.com.
International Asset Management (IAM) is one of the oldest specialist hedge fund portfolio managers in Europe. IAM was founded in 1989 and has offices in London and New York. Assets under Management are approximately US$4.3 billion as of end March 2008. IAM continues to specialise in tailor-making portfolios of hedge funds for discerning institutional and individual clients.

“Both Clive and Peter have made significant contributions to OPENLANE’s development and have helped establish the company as a leading online wholesale automotive auction. Their levels of passion and dedication to the company have been unparalleled as we have created and continue to grow the online wholesale automotive auction category,” said Roger Butterwick, CEO, OPENLANE. “As we continue to take advantage of that growth, we will look to their leadership to help us take OPENLANE to the next level.”

In his new role as president, Clive Kinross will oversee all sales, marketing, industry-facing and customer-facing activities for the company. He had previously served OPENLANE as executive vice president and president for OPENLANE Canada. Under his guidance OPENLANE has become a trusted partner to the used vehicle industry by making the purchase and sale of used vehicles easier, faster, and more efficient. A native of South Africa, Mr. Kinross trained as a chartered accountant and before co-founding OPENLANE was previously Vice President of Tri Continental Capital, after serving as Vice President at NSA Investments Ltd in South Africa. Mr. Kinross holds Bachelor degrees in commerce and accounting from the University of Witwatersrand.

As chief financial officer, Peter Kelly will oversee all financial, operations and technology activities for OPENLANE. Most recently, Mr. Kelly served as OPENLANE’s senior vice president of strategic initiatives, in which he oversaw the company’s strategic development, data and analytics, marketing, product management and program implementation. Before co-founding OPENLANE, he worked for Taylor Woodrow and as a consultant for McKinsey and Company. Mr. Kelly earned a first class honors degree in engineering from University College Dublin and holds an M.B.A. from Stanford University.

Both Mr. Kinross and Mr. Kelly will report directly to Roger Butterwick, CEO of OPENLANE.

Research commissioned by Coverzones revealed that nearly half of the UK’s 4.5million small to medium-sized businesses (SME’s) would prefer to arrange their small business insurance online. According to the same research findings though, only 4% of them actually succeed in doing so.

In response to this demand Coverzones has launched a new online marketplace at www.coverzones.com to provide quick and easy access to a wide range of business insurance products from the UK’s major commercial insurance companies.

The new service provides SME’s with an online facility to rapidly identify the insurance needs for their particular business, research the market, compare products and prices and then make their purchase, all without leaving the site.

Simon Ball, chief executive of Coverzones said, “There is no reason why the business insurance market cannot emulate the success of the personal lines market in trading online. Coverzones will play a significant role in transforming the business insurance market for consumers by providing an easy to use, online marketplace offering real choice, coupled with the lower costs associated with buying direct and online”.

The company has taken a number of steps to simplify the purchase process including the development of a plain English, online assessment tool to help customers identify the insurance that they need. Coverzones have rationalised the questions that insurance companies ask to ensure that only the information needed to provide a tailor-made quote is collected.

Customers are able to get an unlimited number of free online quotations and store them in their own secure online account facility called MyCoverzones. Every customer can open a MyCoverzones account free of charge and it allows them to save their quotes and purchased policy documentation online. A MyCoverzones account allows customers to generate new quotes or review and make changes to their existing policies all in one place.

Steve Sherlock, chief marketing officer at Coverzones comments: “Coverzones offer a new and unique service for SME’s. We are focussed on simplifying the process of finding and buying business insurance so business consumers can be free and confident to arrange their business insurance independently”.

Coverzones is working in partnership with many of the UK’s major business insurance companies, as well as commercial insurance specialists. The business insurance products available from launch are provided by MMA, Groupama, HCC, Ambient and Flatfish. New product launches this summer will be supported by major brands such as Allianz, AIG, Hiscox, Brit and Sagicor.

Background information:

Yanzhou Coal Mining Company Limited is the largest coal producer in Eastern China. The Company is principally engaged in the underground coal mining, preparation, processing and sales as well as the railway transportation of coal. The Company was established as a joint stock company incorporated in the People’s Republic of China on September 25, 1997. The Company successfully listed its ADSs on the New York Stock Exchange, Inc., its H Shares on The Stock Exchange of Hong Kong Limited, and its A Shares on the Shanghai Stock Exchange on March 31, 1998, April 1, 1998, and July 1, 1998, respectively. For further queries, please visit http://www.yanzhoucoal.com.cn/English/index.asp .

RNL Bio recently announced the cloning of dogs intended for detecting cancer, offering to sell them for USD 500,000 apiece, after previously announcing a plan to clone pet dogs. However, animal cloning technology – including that used by RNL - is patented throughout most of the developed world, including South Korea, and these patents are controlled by Start Licensing. BioArts has the sole, worldwide license from Start to clone dogs.

“RNL has no right to offer this service, and is practicing black market cloning,” said Lou Hawthorne, CEO of BioArts. “Good international relations in the 21st Century depend on respect for intellectual property. By claiming the right to exploit technology that they did not invent and do not own, RNL demonstrates arrogance on an international scale. If RNL does not respect Western patents, does this mean that Western companies are free to disregard patents granted to Korean companies?”

“Start will consider all available legal remedies to protect and preserve its patent rights,” said Jonathan Thatcher, President of Start Licensing, “including the remedy of blocking importation of products produced under the patented methods into jurisdictions where such remedies are available.”

“Individuals who wish to clone a beloved dog have only one legal option,” said Hawthorne, “and that’s our Best Friends Again program, described at www.bestfriendsagain.com. Organizations that wish to clone dogs for other purposes, including medical applications, should contact BioArts.”

The role of Seoul National University (SNU) in this developing situation is unclear. JoongAng Daily, a South Korean newspaper, quoted SNU officials on May 20th as saying they were canceling plans to form a commercial dog cloning entity due to concerns over Start Licensing’s patents; however, ongoing dog cloning activities of RNL are allegedly enabled by University facilities and staff – several of whom are major shareholders in RNL.

BioArts International partnered with Sooam Biotech Research Foundation of South Korea following Sooam’s successful cloning in 2007 of Hawthorne’s family dog, Missy – fulfilling the world’s first commercial dog cloning order. BioArts recently announced plans to sell 5 dog cloning slots in an auction to be held July 5th-9th. Details can be found at www.bestfriendsagain.com. More information on BioArts is available at http://www.bioarts.com.

SUNNYVALE, Calif. - Ariba, Inc. (Nasdaq:ARBA), the leading spend management solutions provider, today announced that it has been recognized as one of the world’s best supply chain finance solutions. As part of Global Finance Magazine’s 2008 Best Supply Chain Providers awards, Ariba has been named Best Global Supplier Support and Enrollment Provider. Ariba was selected by a group of industry analysts, corporate executives and technology experts based on its market share, product innovation, customer services, technology, execution and customer successes.

“Supply chain financing is becoming a highly competitive space with a mixture of both banks and non-banks providing financing and web-based tools designed to enable buyers to extend their Days Payable Outstanding (DPO) while enabling their network of suppliers to get paid earlier and gain access to more affordable lines of credit,” said Joseph Giarraputo, publisher and editorial director of Global Finance. “Through their solutions, the companies recognized as part of our inaugural Best Supply Chain Finance Providers awards are helping buyers and their global networks of suppliers achieve real cost benefits, savings and efficiencies that enhance their operations and competitive advantage.”

Ariba provides a comprehensive range of on-demand spend management solutions that enable large and growing enterprises to develop and implement a highly integrated cash management strategy while improving the efficiency of the entire procure-to-pay cycle. Delivered via the Ariba® Supplier Network™, Ariba’s Invoice and Payment™ solutions, for instance, effectively enable companies to optimize their invoicing and reconciliation processes to achieve straight through processing and generate measurable and sustainable results, including:

Reduction of paper invoicing volume by more than 60 percent.
Decrease in PO-Invoice error rates by over 50 percent.
Trimming of invoice & payment cycle times by 75 percent.
Capture of negotiated and early-pay discounts otherwise lost to manual processes
Bulk enablement of several thousand suppliers in months rather than years
And with built-in working capital management and dynamic discounting capabilities, the Ariba Supplier Network also enables suppliers to better manage receivables-based working capital and reduce Days Sales Outstanding (DSO) and buyers to lower overall costs.

“At Ariba, we are focused on enabling entire supply chains to optimize their capital, accomplish more with less, and not merely survive the tough economic times, but thrive in them,” said Bob Solomon, Senior Vice President and General Manager, Ariba Supplier Network. “We are pleased to be recognized by Global Finance Magazine for our efforts and will continue to push the envelope in developing and delivering solutions that allow buyers and suppliers to reduce risk, lower capital costs and preserve competitive advantage.”

Over 900 companies worldwide, including more than half of the Fortune 500, rely on Ariba to reduce costs, improve profits and increase competitive advantage. To learn more about Ariba’s solutions and the results they can deliver, please visit www.ariba.com.

About Ariba, Inc.

Ariba, Inc. is the leading provider of spend management solutions to help companies realize rapid and sustainable bottom line results. Successful companies around the world in every industry use Ariba Spend Management™ software and services. Ariba can be contacted in the U.S. at 1.650.390.1000 or at www.ariba.com.

Veeras Infotek is a strategic addition to GCL’s network security business. The acquisition will extend GCL’s network security and business continuity capabilities and will also increase the company’s client base. Veeras Infotek’s pioneering work in the areas of virtualisation, collaboration, business service management, Information security and business continuity is well recognized and appreciated in corporate India. “The addition of Veeras Infotek will advance GCL’s vision of becoming a major player in network security space” said Ram Kumar, Executive Director, GCL. The market for this space have a very few companies with the required set of skills to address the demand. The potential for a quality player in network security, availability, business continuity, business Intelligence & services management segment with a good reach will generate multi fold opportunities. “Veeras Infotek’s solutions, talent and customers, complement GCL’s business.”Mr. Ram Kumar further added, “We are keen on to retain and grow the senior management of Veeras Infotek and will extend our expertise.”
“This is an exciting milestone for our company, and we look forward to scaling our growth as part of GCL,” said Sudarsan Ranganathan, CEO, Veeras Infotek Private Limited. “GCL’s global reach, scale, widely recognized brand and customer relationships make it the ideal partner for Veeras Infotek. Our combined teams will create exciting growth opportunities for Veeras Infotek and our customers. We look forward to the association with the GCL team.”

Guidance: With the current order book position of more than Rs.200 Crs and Veera’s acquisition the company’s profits are likely to grow by over 50% in FY 2009 over FY 2008. By revenues from its multiple core businesses, as well as from this acquisition, showing excellent visibility, the company is likely to achieve earnings of Rs 24-27 per share for the current year. About Gemini Communication Ltd. Gemini Communication Ltd., over the last 13 years has built up a reputation of being one of the most innovative technology focussed companies in India. The Company is the largest service provider in India in the wireless networking space and in offering WIMAX solutions to telecom companies In addition, the Company leads in providing RFID solutions which find application across various manufacturing and service industries, more particularly, for logistics companies which need to keep track of their complex supply chains across the country. As on date, Gemini’s workforce comprises more than 750 personnel with service offices in around 100 locations in India. www.gcl.in About Veeras Infotek Private Limited. Veeras Infotek is a 15 year old company focusing on Business Applications, Infrastructure Integration and Information Integrity solutions. It has a workforce of 125 people across its offices in Chennai, Bangalore, Hyderabad and Coimbatore. It also has TWO consumer focused IT convergence stores under the brand IT@HOME in Chennai.

The Company sold $127.2 million par value of student loan-based auction rate securities to various parties for cash totaling approximately $97.1 million. In its first quarter ended March 31, 2008, the Company had recorded an impairment charge of $21.6 million related to the remaining auction rate securities it held at March 31, 2008. As a result of the recent sales, the Company will now record an additional loss on the sale of these securities of $8.5 million in the second quarter of 2008.

Ronald H. Miller, Aventine’s President and Chief Executive Officer said, “The funds received from the sale of the auction rate securities will be used to fund plant construction, which remains an integral part of our growth strategy. We expect to begin ethanol and DDGS production at our new Aurora, Nebraska and Mt. Vernon, Indiana plants, currently under construction, in the first quarter of 2009 as scheduled.”

With the cash raised from the sale of the auction rate securities, and including both cash on hand and borrowing availability under its liquidity facility as of March 31, 2008, the Company would have had liquidity available to it in excess of $300 million. As of March 31, 2008, the Company needed approximately $250 million to complete its two new production facilities. In addition, the Company is continuing discussions with banks to increase the amount of liquidity available to it under a revolving asset-based loan facility. Existing debt agreements permit the Company to increase its senior credit facilities by another $75 million, potentially further strengthening the Company’s liquidity position.

About Aventine

Aventine is a leading producer, marketer and end-to-end distributor of ethanol to many leading energy companies in the United States. Aventine is also a marketer and distributor of biodiesel. In addition to ethanol, Aventine also produces distillers grains, corn gluten feed, corn germ and brewers’ yeast. Our internet address is www.aventinerei.com.