Waste Connections Announces Acquisitions And Landfill Permit

Folsom, CA — Waste Connections, Inc. has announced that it has signed or closed acquisitions in the third quarter with total annualized revenue of approximately $32 million, increasing the total amount of acquired annualized revenue year-to-date to almost $50 million. The most significant acquisition, expected to close later in September, is Mountain Jack Environmental Services, the largest privately-held solid waste services company in Idaho and Wyoming. Waste Connections also completed the acquisition of Waste Management, Inc.'s collection operations in Vancouver, Washington.

Ronald J. Mittelstaedt, Chairman and Chief Executive Officer, said, "Our acquisition activity has increased just as we had communicated in July. We are extremely pleased to have entered into an agreement to acquire Mountain Jack, as this acquisition will bring us back into Idaho and will complement our existing presence in Wyoming. Mountain Jack operates seven collection operations and a transfer station with total revenue of approximately $20 million. In Washington, the acquisition from Waste Management strengthens our existing presence in the Vancouver market and expands our partnership with the local municipality. In conjunction with that transaction, the City of Vancouver has agreed to extend our combined collection contract an additional five years to 2013. These acquisitions expand our position in what we believe are the more attractive markets in the Western U.S."

Waste Connections has also announced receipt of the permit from the State of Kansas for the Plumb Thicket landfill located in Harper County. The approximately 960-acre site is expected to provide more than 50 years of disposal capacity for the Greater Wichita and South Central Kansas market. The Company currently expects to complete construction of the landfill and commence operations in early 2006.

SOURCE: Waste Connections, Inc.