Press Releases

Army Selects WESTON as Property Redevelopment Partner

West Chester, Pa. - April 26, 2000 - Roy F. Weston, Inc., announced today that the company has been selected to work in partnership with the U.S. Army to develop a Business and Lease Plan for the redevelopment of historic property at Fort Sam Houston, Texas. If the Plan is approved by Army Headquarters, WESTON will have the opportunity to begin work on all or certain portions of the historic property, which includes the former Brooke Army Medical Center (BAMC) and the Beach Pavilion Complex buildings.

"We are excited that WESTON was chosen for this unique partnering opportunity. This is a historic first for a lease arrangement of this nature and magnitude," said Patrick G. McCann, WESTON's President and Chief Operating Officer.

"Our goal is to manage this effort with Fort Sam Houston in close partnership with the surrounding neighborhoods, other interested groups and the greater San Antonio community," said L. Steven Wagner, WESTON's Program Manager for this project. "Involving the community is critical to the success of this project."

The public-private partnership approach is being pursued by the Army as part of their overall strategy of increased leasing to the private sector to reduce redevelopment costs, fulfill mission requirements and ensure stewardship of historic Army properties. San Antonio congressional leaders who have actively supported the redevelopment project lauded the decision.

Congressman Ciro D. Rodriguez (D-Texas) said, "I am pleased Fort Sam Houston has chosen a partner to help preserve the post's historical structures so closely associated with San Antonio's military heritage and the Army's medical history. The goal of the leasing initiative is to be the Army's model for adaptive reuse of historic structures, increase the value of the post to the Army and the Department of Defense and sustain the growth of the post's missions. I look forward to continuing to work with Fort Sam Houston and its new partner, WESTON, to accomplish these goals."

According to Congressman Henry Bonilla (R-Texas), "This is an important step in our efforts to make our bases more efficient. Working with the private sector here at Fort Sam and also at Brooks saves taxpayer dollars, makes our bases stronger and serves as a model for other facilities nationwide."

Congressman Charles Gonzalez (D-Texas) agreed. "I am extremely pleased to see the Army, MEDCOM, and Fort Sam Houston aggressively modernizing infrastructure management through progressive acquisition practices that produce the best value for our defense investments. New approaches to military infrastructure management are critical to readiness and modernization. This first-of-its-kind approach to infrastructure management demonstrates the leadership that the San Antonio military community has traditionally shown in addressing defense needs of all types."

As prime contractor, WESTON will lead a San Antonio-based team that includes Orion Partners, a real estate development firm, Cross & Company, a real estate brokerage firm and Ford, Powell & Carson, an architectural firm. "We sought out the most qualified local firms to assist us," said Thomas Swoyer, Jr., WESTON's San Antonio Operations Manager and Board member. "We believe this effort requires not only an investment in Fort Sam Houston, but also a vested interest in the future of the overall San Antonio community."

Known as the home of Army medicine, Fort Sam Houston houses numerous medical facilities such as the Army Medical Department Center and School (AMEDD), BAMC and the Institute for Surgical Research, which could attract compatible industries for leasing of redeveloped properties.

An industry pioneer since 1957, WESTON provides infrastructure redevelopment services worldwide. With an emphasis on creating lasting economic solutions for its clients, the company's services include site remediation and construction, infrastructure operations and knowledge management to bring impaired facilities, land, water and other resources back to productive use.

Statements in this release which contain the Company's or management's projections, beliefs, expectations, predictions or intentions concerning business strategy, potential contract value, future performance or future results, are forward-looking statements. These forward-looking statements are subject to a variety of risks and uncertainties. For example, there could be a shift in the demand for the Company's services; funds for the Company's government contracts might not be appropriated or, if appropriated might be delayed; work orders might not be issued to the Company under its government contracts; governmental priorities relating to environmental regulations and enforcement could change; and the Company might experience cost overruns and other adverse contract performance risks. These and other risks and uncertainties are discussed in reports periodically filed by the Company with the Securities and Exchange Commission. The reader is cautioned that the Company's actual performance and results could differ materially from projections, expectations, beliefs, intentions or predictions contained in forward-looking statements. The Company disclaims any intent or obligation to update forward-looking statements.