PENX (MM)

Penford Corporation (Nasdaq: PENX) will hold a conference call to discuss the results for the fiscal quarter and year ended August 31, 2005. President and Chief Executive Officer Thomas Malkoski and Senior Vice President and Chief Financial Officer Steven Cordier will host the call. Please phone 877-407-9205 at 8:50 a.m. Mountain time on Wednesday, October 19, 2005, to participate in the call. The conference call will begin at 9:00 a.m. Mountain time (11:00 a.m. Eastern time). If you are unable to participate on the call, a replay will be available from October 19, 2005, at 11:00 a.m. Mountain time until October 26, 2005, at 11:59 a.m. Mountain time. To access the replay, please dial 877-660-6853. Enter pass code 286 and conference ID code 169459. This call is also available in "listen only" mode through our website at www.penx.com under the section titled Investor Relations. About Penford Corporation Penford Corporation develops, manufactures and markets specialty natural-based ingredient systems for various applications, including papermaking, textiles and food products.