Released By Allied Waste Industries, Inc. News Release
May 01, 2001


Scottsdale, AZ – April 30, 2001 – Allied Waste Industries, Inc. (Allied) (NYSE: AW) today announced the completion of the sale of its interests in three American Ref-Fuel (Ref-Fuel) operations to American Ref-Fuel Company LLC, a joint venture of Duke Energy North America and United American Energy Corp., and the modification of its ownership of the four remaining waste to energy facilities, assigning operational control to American Ref-Fuel Company LLC.

American Ref-Fuel Company LLC acquired Allied’s 100 percent ownership interest in the Ref-Fuel Chester, Pennsylvania facility; its 50 percent interest in the Rochester, Massachusetts facility; and its 51 percent interest in Ref-Fuel’s marketing company. The ownership structure of the four remaining Ref-Fuel facilities located in New York, New Jersey and Connecticut has been modified to give American Ref-Fuel Company LLC operational control of those entities.

"We are pleased with the completion of this transaction as it effectively completes our program to divest all non-core assets, and also represents the final step in the fulfillment of all of our commitments to the financial community made in connection with the BFI transaction," said Tom Van Weelden, Chairman and CEO of Allied. "This transaction will allow us to reduce our debt by approximately $300 million and free up approximately $130 million in letters of credit which were previously committed to the waste-to-energy business."

Allied Waste Industries, Inc., a leading waste services company, provides collection, recycling and disposal services to residential, commercial and industrial customers in the United States. As of December 31, 2000, the Company operated 338 collection companies, 151 transfer stations, 164 active landfills and 75 recycling facilities in 40 states.

Safe Harbor for Forward-Looking Statements

Certain matters discussed in this press release are "forward-looking statements" intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements can generally be identified as such by the context of the statements, including words such as the Company "believes," "anticipates," "expects" or words of similar import. Similarly, statements that describe the Company’s future plans, objectives or goals are forward-looking statements.

Such forward-looking statements are subject to certain risks and uncertainties which could cause actual results to differ materially from those currently anticipated. Examples of such risks and uncertainties include, without limitation, the ability of Allied to continue its vertical integration business strategy in a successful manner; the ability of Allied to successfully pursue and continue a disciplined market development program, the ability of Allied to successfully integrate acquired operations, the ability of Allied to exit certain regional markets and certain non-strategic businesses, whether and when the recent transactions concluded or completed will be accretive to Allied’s earnings, whether Allied will be successful in completing asset sales at a pace sufficient to achieve the Company’s stated goal, the effects of commodity price fluctuations of materials processed by Allied and the effects of an economic downturn and its ability to price for economics.

Other factors which could materially affect such forward-looking statements can be found in the Company’s periodic reports filed with the Securities and Exchange Commission, including risk factors detailed in Management’s Discussion and Analysis in Allied’s Form 10-K for the year ended December 31, 2000. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are only made as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

Contact: Michael Burnett, Allied Waste
Phone: 480/627-2785
24 Hour Phone: n/a