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ALLWASTE ANNOUNCES FIRST QUARTER RESULTS

 ALLWASTE ANNOUNCES FIRST QUARTER RESULTS
 HOUSTON, Jan. 6 /PRNewswire/ -- Allwaste, Inc. (NASDAQ: ALWS)


announced net income of $3.2 million or $.09 per share on revenues of $53.5 million for the quarter ended Nov. 30, 1991. Revenues and net income from continuing operations for the first quarter of the prior year were $42.9 million and $3.1 million ($.09 per share). The following is a summary of first quarter results of operations:
 ALLWASTE, INC.
 Results of Operations
 (In thousands, except earnings per share)
 Three months ended Year
 Nov. 30, 1991 1990
 Revenue $53,478 $42,852
 Operating Income 7,970 6,768
 Net Income (Loss):
 Continuing $3,175 $3,070
 Discontinued -- (4,294)
 Total $3,175 $(1,224)
 Earnings (Loss) Per Share:
 Continuing $.09 $.09
 Discontinued -- (.12)
 Total $.09 $(.03)
 Average Shares Outstanding 34,946 35,050
 R.L. Nelson Jr., chairman of Allwaste, stated, "Our results for the first quarter were improved over the first quarter of last year even though the recession had a significant impact on our operations, especially along the East Coast and in Canada. On the other hand, our Glass Recycling Division has continued the upward trend in profitability which began in the first quarter of fiscal 1991."
 Nelson also announced that in September, 1991 Allwaste completed the acquisitions of Tex Blast Sandblasting Company (Temple, Texas) and 4-K Vacuum Services (Pasadena, Texas) for an aggregate consideration of $2.9 million. "Tex Blast provides specialty grit-blasting services to the power plant industry. The acquisition of 4-K enhances our ability to provide waste transportation services in Texas."
 Allwaste, Inc. is a Houston-based environmental services company with over 90 operating locations throughout the United States and Canada.
 -0- 1/6/92
 /CONTACT: R.L. Nelson Jr. or I.T. Corley, both of Allwaste, 713-623-8777/
 (ALWS) CO: Allwaste Inc. ST: Texas IN: SU: ERN SM -- NY028 -- 6848 01/06/92 11:11 EST
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Date:Jan 6, 1992
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