Consolidated Envirowaste Reports 2009 2nd Quarter Results

Consolidated Envirowaste Industries Inc. (TSX VENTURE:CWD) announced today its
results for the six months ended March 31, 2009. 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 second quarter unaudited financial statements are as follows:




                                   Quarters Ended          Six Months Ended
                           ----------------------  ------------------------
                             March 31,   March 31,   March 31,     March 31,
                                 2009        2008        2009          2008
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Revenue                    $4,379,556  $4,585,292  $8,170,296    $8,392,579

Income (loss) before
 income tax provision        $158,201   ($243,562)  ($531,216)  ($1,038,457)
Income (loss) after income
 tax provision                $61,373   ($160,836)  ($455,105)    ($789,021)

Earnings (loss) per
 share-basic                    $0.01      ($0.02)     ($0.04)       ($0.08)
Earnings (loss) per
 share-diluted                  $0.01      ($0.02)     ($0.04)       ($0.08)

Weighted average common
 shares outstanding-basic  10,414,699  10,414,699  10,414,699    10,414,699

Weighted average common
 shares outstanding
 -diluted                  10,414,699  10,414,699  10,414,699    10,414,699

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



A gain from the disposal of equipment by the Company's CRR Florida subsidiary
helped the Company record second quarter net income of $61,373 or $0.01 per
share ($0.01 per share diluted) for the three months ended March 31, 2009
compared to a net loss of $160,836 or $0.02 per share ($0.02 per share diluted)
for the quarter ended March 31, 2008. The second quarter operating loss-before
other income and income taxes-of $85,089 improved significantly from the
$280,355 loss suffered in the three months ended March 31, 2008 as the Company
made operational adjustments to meet economic conditions in Florida and early
spring colder than normal weather conditions in Western Canada.


Results for the first six months of the 2009 fiscal year continue to reflect the
poor results of the first quarter, economic conditions in the Florida region,
and improvements from operational adjustments in the face of the lower demand
for the Company's services.


The net loss for the six months ended March 31, 2009 was $455,105 or $0.04 per
share ($0.04 per share diluted) compared to a net loss of $789,021 or $0.08 per
share ($0.08 per share diluted). Revenue declined 3% or $222,283 to $8,170,296
for the six months ended March 31, 2009 assisted by a favourable currency
translation difference of approximately $1.3 million compared to $8,392,579 and
a $1.15 million unfavourable currency translation difference for the six months
ended March 31, 2008. Current economic conditions in Florida and the late spring
season in Western Canada were largely responsible for the revenue decline.


The Company improved operating margins for the six months ended March 31, 2009
compared to the second quarter of fiscal 2008 through a combination of operating
and pricing adjustments and strong cost controls. Fuel costs in the US
operations for the first six months of fiscal 2009, at 50% of the costs incurred
for the same period last year were a welcome relief, however the Company
recognizes that this may be only a temporary respite and look to the future with
considerable concern with the most recent diesel fuel price increases and the
effect further increases might have on future operating costs.


With no immediate end to the U.S. financial and general economic crisis in
sight, the Company expects operating conditions for CRR Florida to remain very
challenging throughout the remainder 2009, with little prospect of any
meaningful recovery on the horizon. A continuation of the recent rise in diesel
fuel prices will cause additional operational challenges during the remainder of
the 2009 fiscal year. We are cautiously optimistic that weather conditions will
improve in Western Canada sufficient to allow us to recoup sales lost in the
second quarter from the late spring season in the third quarter.


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 year ended
September 30, 2007, 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