Press Releases

WESTON Awarded New England District Corps of Engineers
Remedial Action Contract Worth Up to $50 Million

WEST CHESTER, Pa. - July 27, 2000 - Roy F. Weston, Inc. today announced the award of a Remedial Action Contract (RAC) by the New England District Army Corps of Engineers with a total gross value of up to $50 million over a 5-year period. Work will include the management and execution of full-scope Hazardous, Toxic and Radioactive Waste (HTRW) remediation projects throughout the Corps' North Atlantic Division.

"This award is evidence of our continuing successful relationship with the New England Corps," said WESTON Chief Executive William L. Robertson. "It solidifies our strong East Coast presence in the remediation market."

This is the fourth Hazardous and Toxic Waste Remediation contract awarded to WESTON in the past 6 years by the New England Corps for work at sites throughout New England, New York and New Jersey. The total gross value of these contracts is up to $260 million.

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 redevelopment, infrastructure operations support and knowledge management to bring impaired facilities, land, and other resources back to productive use.

Statements that 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, such as government appropriations, the issuance of work orders for government contracts and contract performance and pricing 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 forward-looking statements. The Company disclaims any intent or obligation to update forward-looking statements.