X0202 4 2006-11-02 0000778164 Pacific Ethanol, Inc. PEIX 0001321936 Jones William L 5711 N. WEST AVENUE FRESNO, CA 93711 1 0 0 0 Common Stock 2006-11-02 4 S 0 2450 15.25 D 1763750 D Common Stock 2006-11-02 4 S 0 4432 15.26 D 1759318 D Common Stock 2006-11-02 4 S 0 1397 15.27 D 1757921 D Common Stock 2006-11-02 4 S 0 1465 15.29 D 1756456 D Common Stock 2006-11-02 4 S 0 3500 15.31 D 1752956 D Common Stock 2006-11-02 4 S 0 2773 15.32 D 1750183 D Common Stock 2006-11-02 4 S 0 869 15.33 D 1749314 D Common Stock 2006-11-02 4 S 0 1300 15.34 D 1748014 D Common Stock 2006-11-02 4 S 0 1596 15.35 D 1746418 D Common Stock 2006-11-02 4 S 0 983 15.36 D 1745435 D Common Stock 2006-11-02 4 S 0 2327 15.37 D 1743108 D Common Stock 2006-11-02 4 S 0 1204 15.40 D 1741904 D Common Stock 2006-11-02 4 S 0 1100 15.41 D 1740804 D Common Stock 2006-11-02 4 S 0 2204 15.42 D 1738600 D Common Stock 2006-11-02 4 S 0 900 15.4201 D 1737700 D Common Stock 2006-11-02 4 S 0 400 15.43 D 1737300 D Common Stock 2006-11-02 4 S 0 200 15.44 D 1737100 D Common Stock 2006-11-02 4 S 0 900 15.45 D 1736200 D Common Stock 2006-11-02 4 S 0 2000 15.50 D 1734200 D Common Stock 2006-11-02 4 S 0 5300 15.51 D 1728900 D Common Stock 2006-11-02 4 S 0 100 15.52 D 1728800 D Common Stock 2006-11-02 4 S 0 800 15.53 D 1728000 D Common Stock 2006-11-02 4 S 0 100 15.54 D 1727900 D Common Stock 2006-11-02 4 S 0 2475 15.55 D 1725425 D Common Stock 2006-11-02 4 S 0 1925 15.56 D 1723500 D Common Stock 2006-11-02 4 S 0 600 15.57 D 1722900 D Common Stock 2006-11-02 4 S 0 3100 15.60 D 1719800 D Common Stock 2006-11-02 4 S 0 100 15.61 D 1719700 D This is Part 1 of 2. There are more than 30 transactions to report. /s/ William L. Jones 2006-11-02