Casella Sells Non-Core Recycling Commodities Business

Date: June 12, 2003

Source: News Room

Casella Waste Systems, Inc. (Nasdaq: CWST), is finalizing the sale of its non-core recycled commodities brokerage businesses located in Passaic, N. J. The company is selling the brokerage operation to employees who currently operate the business. The timing of the transaction requires it to be reflected in the company's fiscal year 2003 results. The company said that the audit of its fiscal year 2003 results has been substantially completed by PriceWaterhouseCoopers.
More information: www.casella.com.

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