Donovan Miller, LLC Announces Securities Class Action Filed Against KTI, Incorporated and Casella Waste Systems, Inc.

Business Editors/Legal Writers

PHILADELPHIA--(BUSINESS WIRE)--April 3, 2000

The law firm of Donovan Miller, LLC, announced today that a class action lawsuit was filed in the United States District Court for the District of New Jersey against KTI, Incorporated ("KTI") and Casella Waste Systems, Inc. ("Casella") (Nasdaq - CWST - news), and certain of their Officers and Directors, on behalf of all persons who purchased KTI securities between January 1, 1998 and April 14, 1999 inclusive (the "Class Period").

The plaintiff in the case is a stock purchaser who is alleged to have sustained losses as a result of defendants' alleged violations.

The Complaint alleges that, during the Class Period, KTI and the three officer defendants (collectively, the "Individual Defendants") violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by, among other things, intentionally concealing material facts about KTI's fourth quarter 1998 financial and operating results and KTI's true financial and operating condition during 1998.

The complaint further alleges that at some time prior to its April 14, 1999 public announcement of the termination of the merger agreement between KTI and Casella, Casella knew or should have known KTI's financial condition was materially worse than had been represented to the public and failed to disclose it. The Complaint further alleges that the price of KTI's shares was artificially inflated as a result of Defendants' omissions of material fact.

Plaintiff is represented by the law firm of Donovan Miller, LLC, Caldwell & Associates LLC, 159 Old Belmont Avenue, Bala Cynwyd, PA 19004, [phone] and Rodriguez & Richards, LLC, 3 Kings Highway East, Haddonfield, NJ 08033, [phone]. The members of these firms have significant experience in litigating class actions on behalf of investors, shareholders and consumers. The firm of Donovan Miller, LLC maintains a website at http://www.dmlaw.com.

If you are a member of the class described above, you may move the court to serve as lead plaintiff not later than June 2, 2000. If you wish to discuss this action, or have any questions concerning your rights, please contact Michael D. Donovan at Donovan Miller, LLC, 1608 Walnut Street, Suite 1400, Philadelphia, PA 19103; phone: [phone] or [phone]; e-mail: [e-mail] or [e-mail]