PENX (MM)

Penford Corporation (Nasdaq: PENX), a global leader in ingredient systems for food and industrial applications, will provide results for its fiscal quarter and year ended August 31, 2006, on Tuesday, November 7, 2006. Management will host a conference call to discuss the results the same day, November 7, at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time). Earnings Call Information President and Chief Executive Officer Thomas Malkoski and Chief Financial Officer Steven Cordier will host the call. Please phone 1- 877-407-9205 at 8:50 a.m. Mountain Time on Tuesday, November 7, 2006 to participate in the call. The conference call will begin at 9:00 a.m. Mountain Time (11:00 am Eastern Time). A replay will be available from November 7, 2006 at 11:00 a.m. Mountain Time until November 14, 2006 at 9:59 a.m. Mountain Time. To access the replay, please dial 1- 877-660-6853. Enter pass code 286 and conference ID code 214123. 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. Penford Corporation (Nasdaq: PENX), a global leader in ingredient systems for food and industrial applications, will provide results for its fiscal quarter and year ended August 31, 2006, on Tuesday, November 7, 2006. Management will host a conference call to discuss the results the same day, November 7, at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time). Earnings Call Information President and Chief Executive Officer Thomas Malkoski and Chief Financial Officer Steven Cordier will host the call. Please phone 1- 877-407-9205 at 8:50 a.m. Mountain Time on Tuesday, November 7, 2006 to participate in the call. The conference call will begin at 9:00 a.m. Mountain Time (11:00 am Eastern Time). A replay will be available from November 7, 2006 at 11:00 a.m. Mountain Time until November 14, 2006 at 9:59 a.m. Mountain Time. To access the replay, please dial 1- 877-660-6853. Enter pass code 286 and conference ID code 214123. 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.