<B>Casella Sells Divisions</B>

Casella Waste Systems, Inc. announced that it has completed the sale of two non-core assets -- its waste remediation operation, and its plastic resin brokerage.

The sale of Total Waste Management, Inc. of Newington, N.H. and Manner Resins, Inc. of Annapolis, Md. stems from the company's plan to refocus on its traditional, regional solid waste operations and divest non-core businesses.

"In December, along with our most recent quarterly results, we announced we would begin to shed non-core assets," John W. Casella, president and CEO of Casella Waste Systems, said. "This is the first step in that process as we refocus on our traditional integrated solid waste franchise."

Proceeds from the transactions, which total just under $3 million, will be used to pay down debt under the company's senior credit facility. These transactions will have no material impact on the company's revenue and earnings before interest, taxes, depreciation and amortization.

January 2001
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