New acquisition adds full-service waste transportation services

WEST SENECA, N.Y. - February 22, 2012 - Waste Management of West Seneca (WM) today announced the acquisition of Reliable Environmental Transport (RET).

RET provides services to the natural gas exploration and production industry working in the Utica and Marcellus Shale regions. The company services all aspects of the exploration, midstream and downstream gas markets providing traditional non-hazardous and Department of Transportation hazardous transportation services, heavy industrial vacuum capabilities, pad services and emergency response.

"RET is a great strategic fit with Waste Management and provides us a leading edge in servicing the needs of our customers," stated Dave Balbierz, area vice president of WM’s Upstate New York, Western Pennsylvania and West Virginia market area. "We are pleased that we were able to retain the leadership and staff of RET who will bring a wealth of talent and experience to the WM team."

Jonathan Marks, previously the president of RET, will now be director of gas and hazardous waste services for WM’s Upstate New York, Western Pennsylvania and West Virginia market.

"The addition of Jonathan and his team also provides additional knowledge and expertise to Waste Management’s national service offering to our oil and gas customers," said Josh Kaylor, director, WM Oilfield Solutions.

WM offers single-source environmental management services to oil and natural gas producers that includes transportation, storage, recycling, treatment and disposal processes.

About Waste Management

Waste Management, Inc., based in Houston, Texas, is the leading provider of comprehensive waste management services in North America. Through its subsidiaries, the company provides collection, transfer, recycling and resource recovery, and disposal services. It is one of the largest residential recycler and also a leading developer, operator and owner of waste-to-energy and landfill gas-to-energy facilities in the United States. The company’s customers include residential, commercial, industrial, and municipal customers throughout North America. For more information on Waste Management visit http://www.wm.com/.

This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are information of a non-historical nature or which relate to future events and are subject to risks and uncertainties. In many cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," or "continue," or the negative of these terms and other comparable terminology. These statements are only predictions. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a number of factors. The forward-looking statements made in this press release relate only to events as of the date of this release. We undertake no ongoing obligation to update these statements.