2013-01-02 15:26:52 -

ENGLEWOOD, Colo. - January 2, 2012 - Gevo, Inc. (NASDAQ: GEVO) today announced
that its Board of Directors has approved a stock repurchase program that
authorizes Gevo to repurchase up to $15,000,000 of its common stock over a one-
year period. The Company expects to fund its stock repurchase program with
existing cash and cash equivalents on hand. Any shares repurchased will be
classified as treasury stock or retired.

"This new stock repurchase program reflects our confidence in Gevo's future,"
said Patrick Gruber Ph.D., Chief Executive Officer of Gevo. "We see this program
as an opportunity to enhance value for our stockholders through disciplined
repurchases of shares of our common stock at what we believe are undervalued
prices."

The stock repurchase program is effective immediately. Repurchases of the
Company's common stock may   be made from time to time through a variety of
methods, including open market purchases, privately negotiated transactions, and
block transactions. Gevo has no obligation to repurchase shares under the stock
repurchase program. The timing, volume, and value of the shares that are
repurchased will be at the discretion of the Company's management and will
depend upon a number of considerations, including the trading price of the
Company's common stock, general market conditions, applicable legal
requirements, and other factors. The stock repurchase program will expire on
December 31, 2013, unless the program is completed sooner, suspended,
terminated, or otherwise extended.

About Gevo

Gevo is a leading renewable chemicals and next-generation biofuels company.
Gevo's patent-protected, capital-light business model converts existing ethanol
plants into biorefineries to make isobutanol. This versatile chemical can be
directly integrated into existing chemical and fuel products to deliver
environmental and economic benefits. Gevo started up its first commercial
isobutanol facility in Luverne, Minn., and has a marquee list of partners
including Coca-Cola, Sasol, and LANXESS, among others. Gevo is committed to a
sustainable biobased economy that meets society's needs for plentiful food and
clean air and water. For more information, visit www.gevo.com.

Forward-Looking Statements

Certain statements in this press release may constitute "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act
of 1995. These forward-looking statements include statements that are not purely
statements of historical fact, and can sometimes be identified by our use of
terms such as "intend," "expect," "plan," "estimate,"
"future," "strive" and
similar words. These forward-looking statements are made on the basis of the
current beliefs, expectations and assumptions of the management of Gevo and are
subject to significant risks and uncertainty. Investors are cautioned not to
place undue reliance on any such forward-looking statements. All such forward-
looking statements speak only as of the date they are made, and the company
undertakes no obligation to update or revise these statements, whether as a
result of new information, future events or otherwise. Although the company
believes that the expectations reflected in these forward-looking statements are
reasonable, these statements involve many risks and uncertainties that may cause
actual results to differ materially from what may be expressed or implied in
these forward-looking statements. For a further discussion of risks and
uncertainties that could cause actual results to differ from those expressed in
these forward-looking statements, as well as risks relating to the business of
Gevo in general, see the risk disclosures in the Annual Report on Form 10-K of
Gevo for the year ended December 31, 2011, as amended, and in subsequent reports
on Forms 10-Q and 8-K and other filings made with the Securities and Exchange
Commission by Gevo.
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Media Contact:
Steve Halsey
Gibbs & Soell for Gevo
T: (212) 697-2600
shalsey@gibbs-soell.com

Investor Contact:
Chelsea DeLong
PR & Marketing Coordinator
T: (303) 858-8358
cdelong@gevo.com




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Source: Gevo, Inc. via Thomson Reuters ONE
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