May 2008

Waste Industries moves a step closer to privatization

Waste Industries USA, Inc. announced that it has notified Nasdaq of its intent to delist its common stock from the Nasdaq Global Market.

Waste Industries currently anticipates that it will file with the Securities and Exchange Commission and Nasdaq a Form 25 relating to the delisting of its common stock on or about April 29, 2008, with the delisting of its common stock becoming effective ten days thereafter.

Waste Industries anticipates that the last day of trading of its common stock on the Nasdaq Global Market will be on or about May 9, 2008. The delisting will follow the closing of the previously proposed going private transaction.

The proposed going private transaction would be pursuant to a definitive merger agreement with an investor group led by Lonnie C. Poole, Jr., the Company’s founder and chairman, and Jim W. Perry, the Company’s president and chief executive officer, and financial partners Macquarie Infrastructure Partners and Goldman Sachs, pursuant to which the investor group will acquire all outstanding shares of Waste Industries that the investor group does not already own for $38 per share in cash. The total equity value of the transaction, including the investment to be made by the investor group, is valued at approximately $544 million.