Southridge Enterprises Inc to construct ethanol facility in El Salvador

DALLAS -- December 20, 2007 --Southridge Enterprises Inc (OTCBB:SORD), a renewable energy company, said on 19 December that an ethanol plant in El Salvador will be constructed with a capacity of 5 million gallons per year (GPY).

The company received approval from the Government of El Salvador for Southridge to acquire a lease with purchase option of a 25,000 mz parcel land. It said the new facility will serve as a bridge for the company's ethanol drying facility for dehydration of ethanol imported from Brazil en route to the United States. The company stated it plans to export ethanol from Brazil and import it into the US via its facility in El Salvador, where it can benefit from the Caribbean Basins Initiative (CBI), a trade agreement signed in 2000. The new site in El Salvador is located near to a river, making it accessible to transport product to an ocean port for transport to the US. The site has access to abundant sugar cane production capacity and, with an average yield of 30-40 tons per acre grown on site, will reportedly be able to supply the proposed 5 million gallon per year production plant.

About Southridge Enterprises, Inc.

Southridge Enterprises is a renewable energy company with a mission to become the ethanol producer of choice in the southeastern region of the United States. The Company is focusing its efforts in an area which offers abundant supplies of corn, superior transportation infrastructure and expedited permitting processes. The Company is actively acquiring and developing ethanol production facilities and anticipates start-up of the first phase of these operations in 2007. Southridge Enterprises is headquartered in Dallas, Texas. For more information, please visit our website: www.southridgeethanol.com

Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the Act and Section 21E of the Securities Exchange Act of 1934. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements include, among other things, successfully equipping the Quitman County plant for the production of ethanol, and the startup of production of in 2007, if at all.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with the development of an early stage company in the alternative energy industry, its products, and the entry into new markets for such products. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's current and periodic reports filed from time to time with the Securities and Exchange Commission.