<B>Casella Waste Reports Strong Quarter</B>

Casella Waste Systems, Inc. reported financial results for the first quarter of its fiscal year. For the quarter ended July 31, the company reported net income of $3.3 million, versus $3.0 million for the same period last year. Revenue for the quarter was $157.0 million versus $54.7 million for the same period last year. Earnings before interest, taxes, depreciation and amortization) was $30.6 million, compared to $14.9 million in the same period last year.

"Our core business platform continues to perform to expectations," John W. Casella, president and CEO, said. "We continue to benefit from a strong pricing environment and a healthy, growth-oriented regional economy. "This quarter our EBITDA and net income were negatively impacted by principally two factors. The impact from the company's cellulose insulation business and its transition to being moved to a joint venture effective August 1, and the impact of a retrofit to one of our Massachusetts processing facilities occurring during the quarter that took longer than anticipated to complete," Casella said.

Highlights of the quarter's acquisition activity included the purchase of a number of former Allied Waste assets that are "tuck-ins" to Casella Waste Systems' operations in western New York and northern Pennsylvania.