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CHAMBERS ANNOUNCES CONTRACTS TOTALING MORE THAN $35 MILLION; PASSAIC COUNTY CONTRACT UPDATE

 PITTSBURGH, Oct. 29 /PRNewswire/ -- Chambers Development Company, Inc. (AMEX: CDVA, CDVB) announced that since early August it has signed numerous contracts that could generate more than $35 million in revenues. The contracts are for collection, transportation and disposal of both special and municipal waste.
 John G. Rangos Sr., Chambers' president and CEO, said, "The aggressive sales and marketing efforts that we began in 1990 to obtain new special and municipal solid waste contracts are continuing to show dividends, and volumes going into our sites continue to increase. Special waste volumes have increased more than 65 percent in 1993 compared to 1992, and now account for 30 percent of our landfill volume. We are continuing to see growth in our commercial and industrial business as well.
 "Now that federal Subtitle D regulations are being implemented, we believe more municipalities and businesses will be attracted to Chambers' strategically located and environmentally secure regional landfills. An increased concern for potential environmental liability on the part of waste generators and governmental bodies should continue to benefit the company," he said.
 In Florida, Chambers signed a contract with the City of Key West to accept ash, residual and by-pass waste from the Montenay incinerator. The agreement could generate $2 million for Chambers over its five-year term.
 The company also reported that its five-year contract with Reuter Recycling and Composting in Pembroke Pines, Fla., now includes the waste flow from Pompano Beach, Fla., and should generate approximately $12 million in additional revenues above the $10 million that was previously estimated.
 In Pennsylvania, the company was awarded five municipal contracts extending over the next one to five years totaling approximately $11 million. The company also signed a two-year, $4 million contract for the disposal of special waste from a Philadelphia-based company, with options for five one-year renewals.
 Chambers signed a one-year, $900,000 contract for the disposal of special waste from a Virginia-based company, with options for 19 one-year renewals.
 In South Carolina, Chambers was awarded a three-year, $700,000 contract for the disposal of municipal waste from Clarendon County.
 Other special waste contracts signed during the third quarter, extending over the next one month to five years, could generate more than $4.5 million in revenues.
 In other contract matters, as previously reported in August 1992, the Passaic County, N.J., Utilities Authority (PCUA) entered into a 15-year disposal contract with Empire Landfill in Scranton, Pa., conditioned upon approval by the New Jersey Department of Environmental Protection and Energy (DEPE). This contract was intended to replace a contract Chambers had previously entered into with the PCUA in 1987.
 Chambers appeared before the DEPE objecting to the Passaic/Empire contract. A decision was recently rendered by the DEPE approving this contract but it reduced the requested contract term of 15 years to two years commencing Dec. 1, 1993. The DEPE also approved a three-year extension depending upon the progress of Passaic County with respect to source reduction, recycling and regionalization.
 Chambers had previously filed a damages claim against the PCUA for breach of contract, and recently filed a supplement to that claim after learning of the DEPE's decision. Through that claim, Chambers will vigorously pursue damages. In 1992 Chambers had revenues of $8.4 million from its contract with Passaic County.
 -0- 10/29/93
 /CONTACT: media, Jim Leonard, 412-244-7560, or financial, Lew Nevins, 412-244-6195, both of Chambers Development/
 (CDV)


CO: Chamber Development Company, Inc.; Passaic County Utilities
 Authority; Empire Landfill ST: Pennsylvania IN: ENV SU: CON


KC-DM -- PG006 -- 8461 10/29/93 11:30 EDT
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Date:Oct 29, 1993
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