General Biodiesel Seattle (GBS) is a leading waste-to-energy biofuel company with two operating segments: a used cooking oil recycling business serving restaurants and a biodiesel production business. GBS has experienced significant growth in both businesses in 2009 and 2010. GBS's recycled cooking oil biodiesel has a carbon reduction of 80-86% compared to diesel and is one of the lowest carbon fuels available. GBS's vertically integrated business model and use of low-cost recycled feedstock provides a sustainable cost advantage over other biodiesel producers.

1. WTIA Smart Biofuels Presentation
June 2010

2. OVERVIEW
General Biodiesel Seattle (GBS) is the Leading Waste-to-
Energy Biofuel Company in Washington
Two Operating Segments:
o Used Cooking Oil (UCO) Recycling Business
(Restaurant Services)
o Low Carbon Fuel Production (Biodiesel)
Significant Growth in Both Businesses in 2009 and 2010
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3. MARKET POSITION – LOW CARBON FUEL
Business Model is Proving to be the RIGHT Model for Biofuels:
o Market is Moving to “Low Carbon Fuels”
o US EPA, CARB and WA Dept of Ecology and EU all agree that
RCO biodiesel is one of the lowest carbon fuels made
WA LCFS California LCFS
(gCO2e/MJ) (gCO2e/MJ)
100 RCO Biodiesel has 120
90
80
70
an 80% to 86% 95
60
50
Carbon Reduction 70
GB 45 GB
40
30 FUEL
versus Diesel FUEL
20 20
10
0 U.S. EPA (5)
RCO Cellulosic Natural Soy Petro Electricity
(gCO2e/mmBtu) Biodiesel Ethanol Gas Biodiesel Diesel
3000000
2000000 GB
1000000 FUEL
0
RCO Soy Sugarcane Corn Petro
Biodiesel Biodiesel Ethanol Ethanol Diesel
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4. WHY LOW CARBON FUEL IS IMPORTANT
December 2009: EPA announces it
will regulate CO2
Transportation is…
o The largest source of CO2,
which is the most prevalent
GHG
o Accounts for 29% of total
U.S. GHG emissions
o Fastest-growing source of
U.S. GHGs, accounting for
47 percent of the net
increase since 1990

5. RESTAURANT SERVICES BUSINESS
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6. ACCELERATING GROWTH
Quarterly UCO Collection
160,000
140,000
120,000
Accelerating Growth In 2010
100,000
80,000
60,000
40,000
20,000
0
Q108A Q208A Q308A Q408A Q109A Q209A Q309A Q409A Q110A Q210B
o Consistent, Reliable, Branded Recycling Solution
o Customer Service Innovation, Fixed Cost Optimization and Economies of Scale
o Providing Collection Customers with the Ability to Brand Their Carbon Reduction
Efforts through UCO Recycling – GBS “GreenPartner” Program
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7. HOW WE SCALE RESTAURANT SERVICES
GreenPartner Program Promotes Partnership with GBI
o GBS tracks and promotes partner carbon reduction from used cooking
oil recycled into biodiesel
o Customers sign 10-year service agreements
o Target FSEs, Property Managers, Institutions
o Win-Win-Win for GBS and Customers
o Over 3.5 million pounds of CO2 saved
by GreenPartners in 2009
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8. BIODIESEL BUSINESS
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9. UNIQUE VALUE PROPOSITION
General Biodiesel Offers a Highly Unique Value Proposition to Fuel Customers:
o Locally sourced recycled waste streams, produced locally and sold locally
o Lowest carbon fuel readily available today
o ONLY Waste-to-Energy transportation fuel available in many areas
General Biodiesel is Extremely Well Positioned in the Fuel Market
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10. SUSTAINABLE COST ADVANTAGE
Production Cost Market Price of
of Soy Biodiesel Biodiesel
Cost
Gross
Benefit of Margin
Captive
Feedstock
GB Fixed Production Cost of Biodiesel
on Captive Feedstock at 3 MGY Scale
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11. MANAGEMENT
Yale Wong, Chairman & CEO
o Founder and CEO of Compass Communications (10 years)
o Costco (6 years)
Cameron Hewes, President & CFO
o 11 Years Investment Banking & Private Equity Experience
Hoby Douglass, Director of Sustainable Business Development
o 20 Years Sales, Marketing and Brand Development in Manufacturing, Technology and
Consumer Products
Zach Shelton, Director of Sales
o 15 Years Restaurant Industry Experience (Starwood Hotels, Kimpton Hotels, Consolidated
Restaurants)
Josh Haney, Chemist
o 7 Years Pharma, MedTech & ISO 9000 Manufacturing Experience, 10 Patents
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12. BOARD & ADVISORS
Board of Directors
o Yale Wong, Chairman & CEO
o Gordon Gardiner, Swiftsure Securities
o Dean Allen, CEO of McKinstry Company
Advisory Board
o Kurt Manchester, VP, Bardahl Oil (80-year global business in petroleum additives
manufacturing)
o Jerry Lee, CEO, Mulvanny G2 Architecture
o Jon Van Gerpen, Professor and Chair, Biological and Agriculture Engineering at University of
Idaho, one of the top biodiesel academics in the U.S., started the National Biodiesel
Education Program
Legal & Tax
o Davis Wright Tremaine&Stoel Rives, Legal
o RSM McGladrey, Audit & Tax
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13. WELL POSITIONED FOR CONTINUED GROWTH
Executing Against our Plan
o Vertical Integration Allows us to Manage Absence of the Tax Credit
o Rapidly Growing Captive Feedstock
o Growing Customer Base for Biodiesel – Demand is Strong for Locally
Produced, Recycled Product
o $2MM Run Rate and Growing Rapidly
GBS is Extremely Well Positioned in its Markets
o 1 of 2 Consistently Operating Plants in WA
o Only Operating Plant in Washington Using Recycled Feedstock = Lowest Carbon
Fuel in the Market
The Macro Environment Continues to Move in Our Direction
o Gulf Oil Spill
o Energy Security Remains Highly Visible  US Trade Deficit Driven By Oil Imports
o Low Carbon Fuel Standards  CA, OR, WA, BC
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