Consolidated Envirowaste Reports 2009 1st Quarter Results

Consolidated Envirowaste Industries Inc. (TSX VENTURE:CWD) announced today its
results for the three months ended December 31, 2008. A complete copy of the
Company's unaudited interim financial statements and accompanying management's
discussion and analysis is available on SEDAR at www.sedar.com. Excerpts from
the first quarter unaudited financial statements are as follows:




--------------------------------------------------------------------------
For the three months ended December 31                 2008           2007
--------------------------------------------------------------------------
--------------------------------------------------------------------------

Total revenues                                  $ 3,790,740    $ 3,807,287
Net loss for the period                         $  (516,479)   $  (629,185)
Loss per share-basic                                 ($0.05)        ($0.06)
Loss per share-diluted                               ($0.05)        ($0.06)
Weighted average number of common shares
 outstanding-basic                               10,414,699     10,414,699
Weighted average number of common shares
 outstanding-diluted                             10,414,699     10,414,699

--------------------------------------------------------------------------



The Company recorded a first quarter loss of $516,479 or $0.05 per share ($0.05
per share diluted) for the three months ended December 31, 2008 compared to a
net loss of $628,185 or $0.06 per share ($0.06 per share diluted) for the
quarter ended December 31, 2007.


Revenue for the first quarter of fiscal 2009 was slightly lower than revenue for
the first three months of fiscal 2008 assisted by a favourable currency
translation difference of approximately $634,000 following a decline of 23% in
the Canadian dollar from the first quarter of last year. The Company's U.S.
revenues continued to be impacted by the malaise in Florida's economic
conditions. Lower fuel prices and cost control initiatives preserved operating
margins at slightly better than last year levels and reduced first quarter
losses compared to last year. The Company's operating results reflected core
operating levels typical of the late fall/early winter cycle and current
economic circumstances in the United States with an absence of severe weather
conditions experienced in prior first quarters of the past two to three years.


With no immediate end to the U.S. financial and general economic crisis in
sight, the Company expects operating conditions for its Florida unit to remain
very challenging throughout 2009. The Western Canadian economy appears to be
somewhat insulated thus far from the global economic crisis and we expect the
Company's Canadian Operations to reflect seasonal operating characteristics
during the second quarter. The Company will continue to maintain tight control
over operating costs and adjust operations to face the current economic
conditions and take advantage of any opportunities that might arise as we
continue to explore new initiatives.


Consolidated Envirowaste Industries Inc. is a leading processor of wood and
other organic wastes in Western Canada and Florida. The Company markets and
supplies biomass boiler fuel for electric generation facilities, charcoal
manufacturers and pulp and paper mills in the U.S., bulk landscaping products in
both of these regions, and packaged soil products to major Western Canadian
retailers.


Forward-Looking Statements This report contains statements that are
forward-looking in nature. Readers are cautioned that such forward-looking
statements are not guarantees and may involve known and unknown risks and
uncertainties that could cause the actual results of the Company to be
materially different from those expressed or implied by those forward-looking
statements. Such risks include, among others: general economic and business
conditions, weather factors, competition, product selling prices, the cost and
availability of raw materials, operating costs, changes in foreign currency
exchange rates, dependence on contracts, the regulatory environment,
seasonality, risk of liability for environmental damage, risks associated with
litigation, and concentration of shareholder control. For a fuller description
of those risks, please see the sections headed "Critical Accounting Estimates"
and "Risk Factors" in management's discussion and analysis for the three months
ended December 31, 2008, a copy of which is available under the Company's name
on SEDAR at www.sedar.com.


Consolidated Envirowaste Industries Inc.

James E. Darby, Chairman and Chief Executive Officer