AEHI Receives Unanimous Rezone Approval for Idaho Nuclear Power Plant Site

By Alternate Energy Holdings Inc., PRNE
Monday, June 20, 2011

BOISE, Idaho, June 21, 2011 -


First Publicly-Traded Independent
Power Producer to Receive Local Site Approval in United States and
First Nuclear Site
Approval Post Japanese Tsunami

Alternate Energy Holdings, Inc. (OTC:AEHI; href="www.aehipower.com/">www.aehipower.com
)
announced that it received final local rezone approval for
building a nuclear power plant in Payette County, Idaho.

(Logo:
photos.prnewswire.com/prnh/20100907/AQ59921LOGO)

On June 20th, Payette County Commissioners unanimously approved
the request, which is a landmark achievement for the company and
the international nuclear renaissance after the Japanese
tsunami-caused event.  AEHI is now the first publicly-traded
independent-power producer to receive local nuclear site approval
in the United States.  AEHI intends to enter the federal
approval process with the U.S. Nuclear Regulatory Commission (NRC)
by applying for a combined construction and operating license for
an advanced nuclear power plant.

“I am grateful to our stockholders and our supporters for
remaining with us during this challenging time.   We have
proved to the world that this process can be accomplished despite
the best efforts of anti-nuclear activists.  I now look
forward to the federal process, as key government officials in the
United States
, like President Barack Obama have put their support
behind nuclear power,” said Don Gillispie, AEHI CEO.

About Alternate Energy Holdings, Inc. ( href="www.aehipower.com/">www.aehipower.com)
– Alternate Energy Holdings develops and markets innovative
carbon-free energy sources. The company is the nation’s only
independent nuclear power plant developer seeking to build new
power plants in multiple non-nuclear states; Idaho Energy Complex
is the lead project. Other business units include Energy
Neutral(R), which reduces energy demands for homes and businesses
( href="www.energyneutralinc.com/">www.energyneutralinc.com)
and Green World Water(TM), which assists developing countries with
nuclear reactors for production of potable water, power generation
and other suitable applications ( href="www.greenworld-h2o.com/">www.greenworld-h2o.com).

Safe Harbor Statement: Statements in this press
release which are not purely historical, including statements
regarding Alternative Energy Holdings’ intentions, hopes, beliefs,
expectations, representations, projections, plans or predictions of
the future are forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995.. As such, they
are subject to risks and uncertainties that could cause our results
to differ materially from those expressed or implied by such
forward-looking statements. You should also carefully review the
reports that we file with the SEC. We assume no obligation, and do
not intend, to update these forward-looking statements, except as
required by law.

Dan Hamilton, Director, Corporate Communications, Alternate Energy Holdings, Inc., +1-208-939-9311, dan at aehipower.com

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