Penford to Release 1st Quarter Fiscal Year 2012 Results on January 9, 2012

Penford Corporation (Nasdaq: PENX), a global leader in ingredient systems for food and industrial applications, will provide results for its fiscal quarter ended November 30, 2011 on Monday, January 9, 2012. Management will host a conference call to discuss the results the same day, January 9, at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time).

Earnings Call Information

President and Chief Executive Officer Thomas Malkoski and Chief Financial Officer Steven Cordier will host the call. Please phone [phone] at 8:50 a.m. Mountain Time on Monday, January 9, 2012 to participate in the call. The conference call will begin at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time).

A replay will be available from January 9, 2012 at 11:00 a.m. Mountain Time until January 16, 2012 at 9:59 p.m. Mountain Time. To access the replay, please dial 1- 877-660-6853. Enter pass code 286 and conference ID code 384105.

This call is also available in “listen only” mode through our website at www.penx.com under the section titled Investor Center.

About Penford Corporation

Penford Corporation develops, manufactures and markets specialty, natural-based ingredients systems for a variety of industrial and food applications. Penford has five manufacturing and/or research locations in the United States.