1. 1 Unlocking The Nutritional Value of Rice Bran NutraCea May 4, 2010 Phil Sanders, Vice President of Sales Jerry Eggenberger, Vice President of Sales Gits Prabhu, PhD., Technical Consultant

2. 2 Safe Harbor Statement Forward Looking Statements Safe Harbor - This document and presentation contain forward-looking statements including, but not limited to, statements regarding the Company’s anticipated production capacity, revenue and earnings. Actual results may differ from those projected due to a number of risks and uncertainties, including, but not limited to, the matters specified in the Company's filings with the Securities and Exchange Commission. These statements are made based upon current expectations that are subject to risk and uncertainty. The Company does not undertake to update forward-looking statements in this document to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking information. Assumptions and other information that could cause results to differ from those set forth in the forward-looking information can be found in the Company's filings with the Securities and Exchange Commission, including the company's most recent periodic report.

3. 3 Company Overview CompanyNutraCea, Inc. (NTRZ.PK) HeadquartersScottsdale, AZ BusinessEngages in the development and distribution of food and nutraceutical products based upon its unique, proprietary process that stabilizes rice bran and other grains. MissionCreating value by transforming the world’s underutilized agricultural resources into nutritional foods and nutraceuticals.

4. 4 Rice Bran Background Rice is the primary food source for over 70% of the world Once milled, rice bran quickly becomes rancid and is unfit for human consumption Raw rice bran is mostly sold as animal feed 8 - 10% of the rice kernel contains the majority of the nutritional value with many health benefits NutraCea’s foundation is its proprietary technology to stabilize rice bran Approximately 60 million metric tons of raw rice bran is produced globally as a by-product of the milling process With stabilization, this underutilized resource is now available for human consumption

5. 5 Stabilizing Rice Bran – Production Process - USA

6. 6 Domestic Operations Capacity utilization is subject to seasonal variances in supply and availability

7. 7 RBO – Production Process / Defatted Rice Bran (Brazil)

8. 8 With rice grown in over 100 countries, NutraCea had to look globally for the ideal location to process rice bran oil. Pelotas is the “heart” of South America’s rice growing region. This pristine geographical location enables us to produce the highest quality rice bran oil available. NutraCea has clearly perfected rice bran oil! International Operations

9. 9 NutraCea Products USA: Stabilized Rice Bran RiBran 100 (Granular – 20mesh) RiBran 200 (Fine – 40mesh) RiBran 300 (Extra Fine – 60mesh) RiBalance - Enzyme treated rice bran RiSolubles - Water dispersible fraction RiFiber - Insoluble fiber fraction Brazil: Defatted Rice Bran Rice Bran Oil

10. 10 NutraCea Products - Features All Natural (Excludes DRB & RBO from Brazil. Hexane extracted.) Gluten Free Lactose Free Hypoallergenic Low Glycemic Index Zero Trans Fat Zero Cholesterol Not Genetically Modified (Non-GMO) Nutrient & Antioxidant Rich

11. 11 Quality Assurance GMP/HACCP Program American Institute of Baking Audited Kosher – Orthodox Union Certificate HALAL Certificate Extensive QA Testing: Microbiological Constituent Pesticides Heavy Metals

12. 12 Human Nutrition Food Nutraceutical Animal Nutrition Equine Feed Companion Pet Finished Products Cereals Nutraceutical Humanitarian Aid Bulk Ingredient Finished Products Markets Served

13. 13 Market Segments / Channels of Distribution Food Ingredients

14. 14 Market Segments / Channels of Distribution Nutraceuticals

15. 15 Market Segments / Channels of Distribution Animal Nutrition

16. 16 Rice Bran Ingredient Applications MEAT ENHANCEMENT: Meat Analogue Emulsified Coarse Ground BAKING: Pizza Crust Snack Crackers RTE Cereals Breads Tortillas NUTRACEUTICALS & SPORTS NUTRITION: Health Bars Beverages Joint Health Supplements Meal Replacements Fiber Supplements Muscle Mass Builder FRYING: Breading & Batters (Reduced Oil Uptake) PASTA BABY CEREAL

17. 17 NutraCea Products Suggested UseBenefits RiSolublestake 1 scoop per serving and mix with you choice of beverage twice daily nutritional source of soluble fiber, reduces blood sugar levels, energy boosting RiBalancetake two scoops twice daily in beverage of choice contains 23% of total dietary fiber, provides energy RiFibertake two scoops twice daily in beverage of choice a highly nutritious soluble fiber. (Contains about 3% TDF) Rice Bran Oilfor cooking applicationsZero Cholesterol Zero Trans Fat Non-GMO Hypoallergenic Non-hydrogenated High flash point for extended life

18. 18 NutraCea Ingredients Suggested UseBenefits Stabilized Rice Bran (SRB)Meat extensions, 3:1 water absorption alternatives to known allergens, baked goods, processed foods Stabilized, all natural process Defatted Rice Bran (DRB)Coating and breading systemsReduced fat content, reduces oil uptake in the frying process Crude Rice Bran OilAlternative to fish oil, derived omega 3,6, and 9, plus Gamma Oryzanol Rice in antioxidants

19. 19 Bran Comparison

20. 20 Unlocking The Nutritional Value of Rice Bran NutraCea Gits Prabhu, PhD., Technical Consultant

21. 21 Numerous benefits of using Rice Bran Multi-functional ingredient for a wide variety of applications including but not limited to: Meat Batter and breading coatings Soy, starch, mustard and other ingredient replacement Functional Cook yield, texture and purge improvement Non-allergenic – gluten and lactose free Clean flavor All natural Oxidative stability Antioxidant and vitamin rich Economical, US origin USDA approved for meat products

22. 22 All natural foods Natural food must contain natural ingredients No phosphates allowed No conventional nitrates/nitrites Limit on some antimicrobial ingredients Growth of health and wellness foods

23. 23 Each year, millions of Americans have allergic reactions to food. Although most food allergies cause relatively mild and minor symptoms, some food allergies can cause severe reactions, and may even be life-threatening. There is no cure for food allergies. Strict avoidance of food allergens — and early recognition and management of allergic reactions to food — are important measures to prevent serious health consequences. Food allergens

24. 24 Symptoms of food allergies typically appear from within a few minutes to two hours after a person has eaten the food Allergic reactions can include: Hives Flushed skin or rash Tingling or itchy sensation in the mouth Face, tongue, or lip swelling Vomiting and/or diarrhea Abdominal cramps Coughing or wheezing Dizziness and/or lightheadedness Swelling of the throat and vocal cords Difficulty breathing Loss of consciousness Symptoms of allergic reactions

25. 25 Soybeans Isolates, concentrates, flour Milk Whey isolates, concentrates, powder, non-fat dry milk Wheat Eggs Egg albumin Fish Bass, flounder, cod Crustacean shellfish Crab, lobster, shrimp Tree nuts Almonds, walnuts, pecans Peanuts Food allergens

26. 26 Food allergens Gluten Intolerance ½ of one percent of the worlds population suffers from Celiac Disease 15% of the worlds population is gluten intolerant, and would benefit from a gluten free diet Performance Limiting Symptoms *include (but are not limited to): Fatigue Gastrointestinal distress Headaches Weight loss/gain Inability to concentrate Moodiness/depression Bone/joint/muscle pain Currently, the only known way to treat the condition is by eliminating gluten from the diet *Note – Taken from ”Gluten Freedom”

27. 27 ALLERGEN INGREDIENT: ISOLATED SOY PROTEIN US labeling of allergens

28. 28 June 23, 2008 USDA FSIS approved as a binder in comminuted meat and poultry products that permit the use of ingredients of this type (eg. sausage, nugget shaped chicken patties, meatballs, meatloaf and meat patties. FINISHED PRODUCT LABEL READS: RICE BRAN Rice Bran – USDA/FSIS approval letter

29. 29 Application – Beef hot dogs Meat replacementMeat replacement Replacement of 3% beef 90’s and beef 50’s with 3% RiBran 100 Mustard replacementMustard replacement Replacement of 1.5% mustard with 3% RiBran 100

30. 30 Hot dog - Texture

31. 31 Hot dog - Purge

32. 32 Hot dog – Freeze-thaw purge

33. 33 Frying application – Reduction in oil uptake Replacement of wheat flourReplacement of wheat flour 5% - 20% replacement of wheat flour Predust, batter, breading

34. 34 Frying application – Percent fat reduction

35. 35 Frying application – Nutritional panel Control 5% DRB 10% DRB 15% DRB 20% DRB

36. 36 Unlocking The Nutritional Value Of Rice Bran Rice bran provides an increase cook yield, improves texture, reduces purge and provides freeze-thaw stability in meat products Rice bran can replace other ingredients such as soy protein or mustard while providing significant cost savings Defatted rice bran provides a reduction in oil uptake resulting in a healthier products with lower fat and lower calories

37. 37 RiBran Product Data Sheet

38. 38 NutraCea Advantage -Summary Abundant raw rice bran produced globally...only NutraCea has technology to stabilize for human consumption with a ONE YEAR SHELF LIFE GUARANTEE USDA approved for inclusion of emulsified and coarse ground meats Rice Bran Products are extremely versatile...meat inclusion, baking, pasta, baby cereal and nutraceutical applications Rice Bran Products (excluding DRB & RBO) are (all natural, gluten free, hypoallergenic with zero trans fat) Low cost highly functional ingredient that increases your margins and makes healthier products Owns the Largest RBO Facility in South America – crude and refined RBO and value add products NutraCea understands the commitment to product quality, which means high quality ingredients for your products

39. 39 Executive Advisor to NutraCea, Henk Hoogenkamp, author of many food ingredient publications, authors his latest book dedicated to the education and endless possibilities for the use of stabilized rice bran to enhance various applications. Together, Hoogenkamp and NutraCea continue to explore markets and applications for which rice bran is a natural fit. First Book on Stabilized Rice Bran

40. 40 Contact Information Phil Sanders, Vice President of Sales 6720 N. Scottsdale Road, Suite 390 Scottsdale, AZ 85253 Phone:812.944.8443 Cell:812.202.9489 eMail:psanders@nutracea.com

41. 41 Unlocking The Nutritional Value of Rice Bran Thank You! Phil Sanders, Vice President of Sales