Texas-based cellulosic fuels company KiOR announces IPO pricing of 10 million shares at US$15/share; company had expected to sell shares for US$19-US$21/share

PASADENA, Texas , June 24, 2011 (press release) – KiOR, Inc., a cellulosic fuels company, today announced the pricing of its initial public offering of 10,000,000 shares of Class A common stock at a price to the public of $15.00 per share. In addition, KiOR has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of Class A common stock at the initial public offering price to cover over-allotments, if any. The Class A common stock will trade on The NASDAQ Global Select Market under the symbol “KIOR.”

Credit Suisse Securities (USA) LLC, UBS Securities LLC and Goldman, Sachs & Co. are acting as joint book-running managers for the offering, with Piper Jaffray & Co., Citigroup Global Markets Inc. and Deutsche Bank Securities Inc. acting as co-managers.

A registration statement relating to this offering was declared effective by the Securities and Exchange Commission today. Any offer or sale will be made solely by means of a written prospectus forming part of the effective registration statement. Copies of the final prospectus relating to the offering may be obtained from:

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