U.S. Geothermal Inc. has been selected by the U.S. DOE “to enter into due diligence review on an $85 million US project loan” for its Neal Hot Springs project in eastern Oregon – providing 80% of the $106 million US estimated total capital cost. The DOE loan is anticipated to be a combined long-term and construction loan at a low annual interest rate. Construction of a binary cycle 22 MW power plant utilizing significantly improved technology is expected to begin in mid 2010 with operations scheduled in late 2011. (Source: Marketwire, May 26, 2009)

Contact: Saf Dhillon, Investor Relations, U.S. Geothermal, (604) 688-9895, saf@usgeothermal.com, www.usgeothermal.com