PDG Environmental, Inc. Awarded Term Contract With a Value Up to $3.0 Million.

Business Editors

PITTSBURGH--(BUSINESS WIRE)--Feb. 5, 2004

PDG Environmental, Inc. (OCTBB:PDGE), an environmental and specialty contractor, today reported that its wholly-owned subsidiary, Enviro-Tech Abatement Services Co., has been awarded a term contract with the Westinghouse Savannah River Company (WSRC) to perform asbestos abatement at the Department of Energy's Savannah River Site (SRS) in South Carolina. SRS was constructed during the early 1950's to produce the basic materials used in the fabrication of nuclear weapons, primarily tritium and plutonium-239, in support of our Nation's defense programs, and is now undergoing decommissioning.

PDGE's task order contract has an initial term of one year with an option for two additional years. The contract is a unit price indefinite quantity/delivery contract with a value not-to-exceed $3.0 million. The initial task orders involve asbestos removal in four separate buildings, which began in January 5, 2004 and will be completed in mid-February, 2004.

John Regan, Chairman and CEO, commented, "We are very pleased and excited to have been chosen by WSRC for this contract. PDGE's qualifications, expertise and management capabilities were among the factors used during the contractor selection process."

PDG Environmental, Inc., is an environmental and specialty contractor providing asbestos and lead abatement, insulation, microbial remediation and demolition and related services dedicated to assisting its commercial, industrial and governmental clients in complying with environmental laws and regulations. Regional marketing and project operations are conducted through branch offices located in New York City, NY; Hazelton and Export, PA; Fort Lauderdale and Tampa, FL; Houston and Pasadena, TX; Phoenix, AZ; Rock Hill, SC; Portland, OR; Seattle, WA; and Los Angeles, CA. For additional information on the company, please visit http://www.pdge.com.

Safe Harbor Statement under Private Securities Act of 1995: The statements contained in this release, which are not historical facts, may be deemed to contain forward-looking statements, including, but not limited to, deployment of new services, growth of customer base, and growth of service area, among other items. Actual results may differ materially from those anticipated in any forward-looking statement with regard to magnitude, timing or other factors. Deviation may result from risk and uncertainties, including, without limitation, the Company's dependence on third parties, market conditions for the sale of services, availability of capital, operational risks on contracts, and other risks and uncertainties. The Company disclaims any obligation to update information contained in any forward-looking statement.