NYSE Regulation determined to suspend the Common Stock of Evergreen
Energy, Inc. (the 'Company') from trading on NYSE Arca, Inc.
('NYSE Arca') prior to the opening on Friday, December 2, 2011.

This decision was reached because the Company is no longer in
compliance with the minimum stock price and minimum net worth
required for continued listing on under NYSE Arca Equities Rule
5.5(b).  Additionally, the Company is no longer in compliance with
Rule 5.5(l)(3) in that its financial condition has become so impaired
that it appears questionable as to whether the Company will be able to
continue operations and/or meet its obligations as they mature.
Finally, NYSE Regulation noted that the Company is no longer compliant
with the Rule 5.3(k)(5)(C)(i) in that its audit committee currently has
only two members.

The Company could not affirm an ability to cure such deficiencies
within the time frame permitted by NYSE Arca's policies.

The Company sought to appeal NYSE Regulation's determination but later
withdrew such appeal.

The Company has advised NYSE Regulation that its Common Stock will be
quoted on the OTC Bulletin Board following the suspension.