HOUSTON, Dec 15, 2005 (BUSINESS WIRE) -- Waste Management, Inc. (NYSE:WMI) announced today the declaration of a quarterly cash dividend of $0.22 per share payable March 24, 2006 to stockholders of record on March 6, 2006.

Waste Management, Inc. is its industry's leading provider of comprehensive waste management and environmental services. Based in Houston, the Company serves municipal, commercial, industrial, and residential customers throughout North America.

SOURCE: Waste Management, Inc.

Waste Management, Inc., Houston
Analysts: Greg Nikkel, 713-265-1358
or
Media: Lynn Brown, 713-394-5093
Web site: http://www.WM.com