<B>Waste Connections Sees Revenue Jump</B>

Waste Connections, Inc. announced third quarter revenue of $81.5 million, a 65.2% increase over revenue of $49.3 million in the third quarter of 1999. Operating income for the quarter increased 81.8% from last year's third quarter to $20.8 million or 25.5% of revenues.

Ronald Mittelstaedt, chairman and CEO, said, ``With the proceeds from our recent equity offering, Waste Connections has significantly improved its balance sheet. We continue to see a number of interesting acquisition opportunities which, combined by our renewed balance sheet strength, should provide good growth opportunities as we enter 2001. Overall, the third quarter was very strong operationally, as evidenced by our operating margins. We overcame higher fuel costs and substantially reduced recycling commodity values. We view this quarter as a continued validation of our business model focussing on secondary markets in the western U.S. We completed $17 million of acquired revenues late in the quarter and already another $13.5 million in the fourth quarter through the closing of our previously announced acquisition of Nebraska and Oklahoma assets from Waste Corporation of America. Internal growth remains strong and business conditions remain good despite some higher variable costs.''

October 2000
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