CET Environmental Services, Inc. announces first quarter operating results; revenues increase 95%; net income increased 28.1%.

TUSTIN, Calif.--(BUSINESS WIRE)--May 14, 1996--CET ENVIRONMENTAL SERVICES, INC. (AMEX: ENV) today announced revenues of $12,995,880 for the first quarter of 1996 compared to $6,665,529 for the first quarter of 1995, an increase of 95%. First quarter net income totaled $489,149 compared to $381,948 a year ago, an increase of 28.1%. Earnings per share remained even with the first quarter of 1995 at $.10 per share; weighted average shares outstanding increased to 5,072,993 for the first quarter of 1996 as compared to 3,677,044 for the prior year period as a result of the Company's initial public offering on July 18, 1995.

According to Steven Davis, President and Chief Executive Officer of CET ENVIRONMENTAL SERVICES, INC., "The first quarter brought many exciting developments at CET including the establishment of CET's first international office, located in Sao Paulo, Brazil. The division is capitalizing on the enormous need in Brazil and throughout South America for municipal and industrial water and wastewater treatment. These expanded services are indicative of CET's continued focus on business sectors that provide sustainable profitable operations. Initial revenues from this operation are projected for third quarter 1996."

The Company continues to reinvest in growth and infrastructure. According to Mr. Davis, first quarter bidding activity was significant and CET is readying itself for its next phase of expansion. Contracting activity was strong throughout the quarter with long term agreements signed with CSX Corporation, the U.S. Coast Guard, Exxon USA, and the San Francisco International Airport. CET's Southeastern regional offices also responded to several major oil spill incidents throughout the Gulf Coast during this period. Earnings and business opportunities from most of CET's regional offices have continued to increase as corporate backlog is at its highest level in Company history. Major contract announcements for both commercial and government contracts are expected in the coming weeks. -0-

                              FIRST QUARTER OPERATING RESULTS
                                        (Unaudited)

                                     Three Months Ended
                                          March 31,
                                      1996          1995

Revenues                          $12,995,880    $6,665,529
Net Income                        $   489,149    $  381,948
Weighted Averages Shares
 Outstanding                        5,072,993     3,677,044
Net Income Per Common Share              $.10          $.10

    CET ENVIRONMENTAL SERVICES, INC.  conducts business in environmental
remediation, water treatment, and emergency response.  The Company
has developed a broad range of expertise in technology-based
environmental remediation techniques for both the public and private
sectors throughout the United States and Latin America.

CONTACT: STEVEN H. DAVIS, CEO [phone]

MATTHEW CLAWSON, IR [phone]

LINDA DECKER, FPR  [phone]