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                    ETHANOL MARKETING AND SERVICES AGREEMENT

This Agreement is made and entered into this 31st day of October, 2001 by and
between Western Plains Energy, LLC (hereinafter referred to as Owner), and
Ethanol Products, LLC having an address of 111 S. Ellis, Wichita, Kansas 67211
(hereinafter referred to as Marketer).

                                    RECITALS:

         A)       Owner would like to utilize the services of an ethanol
                  marketer to market fuel grade ethanol (hereinafter referred to
                  as Ethanol) from its plant to be sited in Western Kansas.

         B)       Marketer is in the business of marketing Ethanol in the United
                  States.

         C)       The parties desire to enter into and execute this Agreement
                  for the purpose of setting forth agreed upon terms and
                  conditions,

NOW, THEREFORE, in consideration of the foregoing and the mutual covenants and
agreements set forth herein, the parties agree as follows:

         1.       MARKETING RIGHTS. Owner gives Marketer exclusive rights to
                  market all Ethanol produced from its ethanol plant in Western
                  Kansas.

         2.       TERM OF AGREEMENT. The term of this agreement shall be five
                  years from the start of production of Ethanol unless
                  terminated by a party due to the breach of this Agreement by
                  the other party. This Agreement renews automatically for
                  additional five-year periods, at the end of the initial
                  five-year period and at the end of any subsequent five-year
                  renewal period, unless terminated by either party. Either
                  party may terminate this agreement at the end of the initial
                  five-year period or at the end of any five-year renewal period
                  by giving to the other party 90 days' notice of termination
                  prior to the end of the then current period. Within 15 days of
                  receipt of written notice of termination by Owner, Marketer
                  will provide Owner with a quantity per month of Ethanol for up
                  to one year from termination that will be needed to fulfill
                  sales contracts in existence at the time of termination and
                  copies of said contracts. Owner agrees that all such existing
                  contracts disclosed in the 15-day period will be fulfilled,
                  and that the terms of this Agreement will remain in effect for
                  all such Ethanol.

         3.       MARKETING SERVICES PROVIDED. Marketer will provide to Owner
                  the following marketing services:

                  a.       MARKETING. Marketer will effect the sale of Owner's
                           Ethanol with a good faith effort to achieve the best
                           available market prices.

                  b.       SCHEDULING AND DISTRIBUTION. Marketer will be
                           responsible for scheduling all shipments of Owner's
                           Ethanol. Marketer will provide to Owner a shipping

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                           order, and Owner will provide a combined shipping
                           schedule as stated in Section 8 below.

                  c.       LEASED STORAGE. If it is deemed necessary by Marketer
                           to market Owner's Ethanol through storage facilities,
                           Owner will pay all commercially reasonable lease and
                           throughput costs associated with such leases.

                  d.       FREIGHT. When necessary to market Owner's Ethanol,
                           Marketer will arrange freight for shipment of Owner's
                           Ethanol. Owner will pay all commercially reasonable
                           freight costs.

                  e.       CUSTOMER CREDITWORTHINESS. Marketer will make
                           reasonable efforts to review the creditworthiness of
                           Owner's Ethanol customers. As deemed necessary at
                           Marketer's discretion, Marketer will obtain at its
                           expense credit bureau reports or Dunn and Bradstreet
                           reports for customers of Owner. Marketer will then
                           recommend to Owner, which, if any, accounts Marketer
                           believes should be rejected. Owner will have the
                           right to request and review the rejection
                           recommendations and/or reports and notify Marketer in
                           writing of any customers in addition to the
                           recommendations of Marketer that should be rejected
                           or accepted by Owner. Marketer will not sell Ethanol
                           to any customer rejected by Owner or Marketer.

                  f.       ACCOUNTS RECEIVABLE. Marketer will make reasonable
                           efforts to collect any past due accounts. However,
                           Marketer shall not be required to initiate litigation
                           to collect delinquent accounts. Marketer is
                           authorized to turn over to collection agencies a
                           delinquent account unless Owner determines that it
                           will assume responsibility for collecting the
                           account. Any collection agency fees resulting from
                           the collections process will be borne by Owner. All
                           accounts receivable losses arising from the marketing
                           of Ethanol are the sole responsibility of Owner.

                  g.       TITLE TO AND RISK OF LOSS. Title to and risk of loss
                           shall pass from Owner directly to Owner's customer
                           according to the provisions of each sales
                           transaction.

                  h.       TRANSACTION PROCESSING. Marketer will be responsible
                           for invoicing all Ethanol marketed, receiving
                           payments from customers, and paying freight and/or
                           storage when necessary as set forth above. Owner will
                           be responsible for furnishing Marketer a report by
                           10:00 AM each workday of the previous day's
                           shipments. Marketer will send to the customers
                           invoices the same day as the report is received.

                  i.       REMITTANCE OF PAYMENT. Each week Marketer will pay
                           Owner for all Ethanol invoiced thirteen to nineteen
                           (13-19) days prior to said date and that has been
                           paid by Owner's customers. This payment will be
                           adjusted for freight and storage costs as described
                           above in this Section and the Marketing and

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                           Administrative Services Fee stated in Section 5 of
                           this Agreement, and when applicable, an adjustment
                           for value-added opportunities as stated in Section 7
                           below.

         4.       ADMINISTRATIVE SERVICES PROVIDED. Marketer will provide to
                  Owner the following Administrative Services:

                  a.       DISTRIBUTION SERVICES. Marketer will be responsible
                           for an on-going program to conduct carrier audits and
                           will be responsible for carrier selection and
                           dispatching, freight rate bundling and distribution
                           optimization.

                  b.       TRANSACTION PROCESSING. Marketer will be responsible
                           for ethanol licensing, monitoring and state
                           compliance reporting, state surety bonding, tax
                           collection, remittance and reporting, purchase and
                           sales acknowledgments, late payment collections, and
                           electronic funds transfer services.

                  c.       INVENTORY MANAGEMENT. Marketer will be responsible
                           for monitoring future ethanol stock levels projected
                           for Owner's plant to facilitate the marketing program
                           established by Marketer.

                  d.       PROPRIETARY SOFTWARE. Marketer will install and
                           maintain a proprietary software system to handle
                           linked transaction processing and necessary data
                           access to ethanol marketing and sales information.

         5.       MARKETING AND ADMINISTRATIVE SERVICES FEE. The Marketing and
                  Administrative Services Fee will be $0.01/gallon of denatured
                  Ethanol as produced by the Ethanol Plant.

         6.       MARKETER'S PURCHASE OF ETHANOL. Marketer may purchase for its
                  own account all or a portion of Owner's Ethanol at a price and
                  upon terms to be agreed upon by the parties at the time of the
                  purchase.

         7.       VALUE-ADDED OPPORTUNITIES. Marketer and Owner mutually
                  recognize that on occasion Marketer will be able to develop a
                  sale opportunity for Owner's ethanol that is above the market
                  value for sales typically completed on a spot market or
                  contract rollover basis (a "value-added transaction").
                  Examples of value-added transactions include the building of
                  new markets, time exchanges, location exchanges, rack pricing,
                  and negotiation of spread differentials. The parties
                  acknowledge that new value-added opportunities not yet known
                  to the parties are expected to be developed by Marketer in the
                  future. Owner and Marketer acknowledge that for value-added
                  opportunities, the Marketing Fee is insufficient to compensate
                  Marketer for additional income and profits generated for
                  Owner. Therefore, Owner and Marketer agree to share the
                  additional margin generated from value-added transactions at
                  the ratio of 50% for Owner and 50% for Marketer. The
                  additional margin will be calculated based on the difference
                  in the sales price of the value-added opportunity at Owner's
                  production facility (net of transportation cost)

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                  and the sales price of a typical market transaction (net of
                  transportation cost) for a similar time period. In order to
                  facilitate the completion of value-added opportunities, which
                  occur and disappear quickly within the market, Owner agrees to
                  identify representatives of Owner with authority to approve
                  value-added transactions, Marketer will upon identification of
                  a value-added opportunity present to any one of Owner's
                  representatives the value-added opportunity, including the
                  details of said transaction, for consideration. Owner has
                  complete and sole discretion to accept or reject the
                  value-added opportunity. If agreed upon by Owner's
                  representative, Marketer will confirm in writing to Owner's
                  representative the agreement of the parties regarding the
                  value-added opportunity. In this case, Marketer shall complete
                  the value-added transaction in accordance with the agreement
                  of the parties. If Owner's representative declines to
                  participate in the value-added opportunity, then Marketer will
                  not complete the value-added opportunity for Owner's account.

         8.       REPORTING. Marketer will provide Owner with the following
                  reports on a schedule described below during the term of this
                  Agreement:

                  Shipping Orders-                   Daily
                  Market Information-                Weekly
                  Sales Summary-                     Monthly

                  Owner will provide Marketer with the following reports on a
                  scheduled described below during the term of this Agreement:

                  Daily Production-                  Daily
                  Combined Shipping Schedule-        Daily

                  In addition to the aforementioned reports, Owner will timely
                  inform Marketer of daily inventories, plant shutdowns, daily
                  production projections, and any other information reasonably
                  requested by Marketer in order for Marketer to perform under
                  this Agreement.

         9.       DISCONTINUATION OF PRODUCTION. In the event that Owner wishes
                  to discontinue or reduce the production of Ethanol, Owner will
                  notify Marketer one year in advance of Owner's decision so
                  that all contract commitments made by Marketer for Owner may
                  be met. If less than one year notice of discontinuance or
                  reduction of production is provided to Marketer, or if
                  unforeseen circumstances cause Owner to cease or reduce
                  production at its plant, Owner grants to Marketer the power to
                  buy in Ethanol shortfalls for the account of the Owner on any
                  unfilled contracts, and any associated losses will be
                  reimbursed by Owner to Marketer.

         10.      LIABILITY. Owner recognizes that Marketer will be performing
                  its duties hereunder as an undisclosed agent for and on behalf
                  of Owner. Nevertheless, any and all liability related to the
                  Ethanol, including but not limited to Ethanol quality and
                  condition, the timely delivery of Ethanol, and the handling,
                  transportation, storage and release of

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                  Ethanol into the environment, shall remain the sole
                  responsibility of Owner, except to the extent provided in
                  Section 12.

         11.      INDEMNIFICATION OF MARKETER. Owner shall indemnify, hold
                  harmless and defend Marketer, and its officers, directors,
                  employees and agents from and against any and all claims,
                  actions, damages, liabilities and expenses, including but not
                  limited to attorney's and other professional fees, in
                  connection with loss of life, personal injury and/or damage to
                  property of third parties, arising from or out of Marketer's
                  services provided under the terms and conditions of this
                  Agreement, for Owner's breach of this Agreement, the quality
                  and condition of the Ethanol, the breach of any warranty or
                  representation regarding the quality and condition of the
                  Ethanol, the failure of the Owner to timely deliver Ethanol,
                  and the handling, transportation, storage and release of
                  Ethanol into the environment, except that Owner shall not
                  indemnify, hold harmless and defend Marketer from: (i) the
                  negligent or intentional acts of Marketer and its officers,
                  directors, employees and agents, (ii) any act beyond the scope
                  of the Marketer's services to be rendered under the terms and
                  conditions of this Agreement, (iii) any violation of laws,
                  regulations, ordinances and/or court orders by Marketer.

         12.      INDEMNIFICATION OF OWNER. Marketer shall indemnify, hold
                  harmless and defend Owner, and its officers, employees and
                  agents from and against any and all claims, actions, damages,
                  liabilities and expenses, including, but not limited to,
                  attorneys' and other professional fees, in connection with
                  Marketer's breach of this agreement and, in connection with
                  loss of life, personal injury and/or damage to property of
                  third parties arising from or out of:; (i) the negligent or
                  intentional acts of Marketer and its officers, directors,
                  employees and agents, (ii) any act beyond the scope of
                  Marketer's services to be rendered under the terms and
                  conditions of this Agreement, and (iii) any violation of laws,
                  regulations, ordinances and/or court orders by Marketer.

         13.      INSURANCE. Marketer will furnish Owner with an insurance
                  certificate verifying that Marketer has commercial general
                  liability insurance.

         14.      ENTIRE AGREEMENT AND AMENDMENT. This Agreement contains the
                  entire agreement between the parties. No oral statements,
                  representations or prior written matter not contained in this
                  Agreement shall be binding upon the parties. This Agreement
                  shall not be amended or modified in any manner except by a
                  writing executed by both parties.

         15.      CONFIDENTIAL NATURE OF AGREEMENT. Marketer and Owner agree to
                  keep all sales, prices, inventory positions, and the details
                  of this Agreement strictly confidential.

         16.      ASSIGNMENT. This Agreement shall not be assigned by either
                  party, except to an affiliate controlled by or in control of
                  said party, without the written consent of the other party.

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         17.      GOVERNING LAW. This Agreement shall be governed, construed and
                  enforced under the laws of the State of South Dakota.

         18.      FORCE MAJEURE. Marketer shall not be liable to Owner for its
                  failure to deliver services hereunder, and Owner shall not be
                  liable to Marketer for its failure to produce ethanol, when
                  such failure shall be due to the failure of processing
                  equipment, fires, floods, storms, weather conditions, strikes,
                  lock outs, other industrial disturbance, riots, legal
                  interference, governmental action or regulation, acts of
                  terrorism, acts of God or public enemy, or, without limitation
                  by enumeration, any other cause beyond Marketer's or Owner's
                  reasonable control; provided Marketer or Owner shall promptly
                  and diligently take such action as may be necessary and
                  practicable under the then existing circumstances to remove
                  the cause of failure and resume delivery of services or
                  ethanol. The party seeking to invoke this provision shall
                  provide notice within 48 hours or such other time as is
                  reasonable under the circumstances. The party shall further
                  notify the other party as to the time when the force majeure
                  condition is no longer in effect.

         19.      CONFLICTS OF INTEREST. Owner recognizes and acknowledges that
                  members with an ownership interest in Marketer or their
                  affiliates also hold ownership interests in other ethanol
                  production facilities for which Marketer provides the same and
                  similar services as are provided for Owner under the terms of
                  this Agreement. Marketer agrees that it will provide services
                  to Owner hereunder in the same or similar method as services
                  are provided to other ethanol production facilities so as not
                  to favor the other ethanol production facilities over Owner.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date
and year first above written.

                                     Western Plains Energy, LLC (Owner)

                                     By /s/ Jeff Torluemke
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                                     Its President

                                     Ethanol Products, LLC (Marketer)

                                     By /s/ Robert K. Casper
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                                     Its President