<b>Allied Waste Sees Drop</b>

Allied Waste Industries, Inc. announced financial results for the first quarter ended March 31. For the quarter EBITDA, adjusted for acquisition related and non-recurring costs, was $471.3 million. Adjusted net income available to common shareholders was $25.9 million on revenues of $1.354 billion.

``We are pleased with the results for the first quarter of 2001, and we remain comfortable with our ability to achieve our previously communicated full-year 2001 goals,'' said Tom Van Weelden, chairman and CEO of Allied Waste. ``While commodity prices in our recycling business remain at depressed levels and challenging economic conditions persist in certain areas of the country, the core business continues to perform well as exhibited by the generation of $119 million of free cash flow and the repayment of $124 million of debt this quarter.