/C O R R E C T I O N -- MGP Ingredients, Inc./

In the news release, Webcast Alert: MGP Ingredients, Inc. (Nasdaq: MGPI) Announces Fiscal 2008 1st Quarter Earnings Release Conference Call, issued earlier today by MGP Ingredients, Inc. over PR Newswire, the date should read "November 8, 2007 @ 11:00AM EST" rather than "November 1, 2008 @ 11:00AM EST" as incorrectly transmitted by PR Newswire.

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Webcast Alert: MGP Ingredients, Inc. Announces Fiscal 2008 1st Quarter Earnings Release Conference Call

ATCHINSON, Kan., Nov. 1 /PRNewswire-FirstCall/ -- MGP Ingredients, Inc. (Nasdaq: MGPI) announces the following Webcast:

    What:     Fiscal 2008 1st Quarter Earnings Release Conference Call

    When:     November 1, 2008 @ 11:00AM EST

    Where:    http://www.videonewswire.com/event.asp?id=43673

    How:      Live over the Internet -- Simply log on to the web at the
              address above.

    Contact:  Marta Myers, 913-360-5232, marta.myers@mgpingredients.com

If you are unable to participate during the live webcast, the call will be archived on the Web site http://www.videonewswire.com/event.asp?id=43673.

Released November 1, 2007