X0202 4 2006-04-18 0000778164 Pacific Ethanol, Inc. PEIX 0001320387 GREINKE FRANK P 5711 N. WEST AVENUE FRESNO, CA 93711 1 0 0 0 Common Stock 2006-04-18 4 S 0 5000 32.7351 D 1145000 I by Greinke Personal Living Trust Common Stock 2006-04-18 4 S 0 10000 32.7412 D 1135000 I by Greinke Personal Living Trust Common Stock 2006-04-18 4 S 0 10000 32.8297 D 1125000 I by Greinke Personal Living Trust Common Stock 2006-04-18 4 S 0 10000 32.8597 D 1115000 I by Greinke Personal Living Trust Common Stock 2006-04-18 4 S 0 10000 32.9998 D 1105000 I by Greinke Personal Living Trust Common Stock 2006-04-18 4 S 0 10000 33.0528 D 1095000 I by Greinke Personal Living Trust Common Stock 2006-04-18 4 S 0 10000 33.1432 D 1085000 I by Greinke Personal Living Trust Common Stock 2006-04-18 4 S 0 5000 33.1437 D 1080000 I by Greinke Personal Living Trust Common Stock 2006-04-18 4 S 0 6000 33.5325 D 1074000 I by Greinke Personal Living Trust Common Stock 2006-04-18 4 S 0 50000 33.5883 D 1024000 I by Greinke Personal Living Trust Common Stock 2006-04-18 4 S 0 4000 33.75 D 1020000 I by Greinke Personal Living Trust Common Stock 2006-04-18 4 S 0 8000 33.7603 D 1012000 I by Greinke Personal Living Trust Common Stock 2006-04-18 4 S 0 7000 34.0596 D 1005000 I by Greinke Personal Living Trust Common Stock 2006-04-18 4 S 0 5000 34.1995 D 1000000 I by Greinke Personal Living Trust This is Part 2 of 2. There were more than 30 transactions for this period. /s/ Frank P. Greinke 2006-04-20