Consolidated Envirowaste to Be Acquired by Major Shareholder Group

  Consolidated Envirowaste Industries Inc. (TSX VENTURE: CWD) -

Consolidated Envirowaste Industries Inc. (the "Company") announces today that it has entered into a definitive agreement pursuant to which James Darby and Douglas Halward (together, the "Acquiring Shareholders") have agreed to acquire, by plan of arrangement (the "Arrangement"), all of the issued and outstanding common shares of the Company not owned by the Acquiring Shareholders or their spouses, for $0.14 per common share in cash.

The transaction will be structured as a plan of arrangement under the Business Corporations Act (British Columbia). On completion of the Arrangement, all outstanding common shares of the Company not owned by the Acquiring Shareholders or their spouses will be transferred to the Acquiring Shareholders in exchange for a cash payment of $0.14 per share.

Closing of the Arrangement is subject to customary conditions, including approval by a favourable vote of at least two-thirds of the votes cast in person or by proxy by shareholders at a special meeting of shareholders, and the receipt of Court and regulatory approvals. In addition, in accordance with the requirements of the TSX Venture Exchange and applicable securities laws, the transaction is subject to approval by a majority of the votes cast in person or by proxy by the disinterested shareholders of the Company, which excludes the Acquiring Shareholders and their associates. The Acquiring Shareholders and their associates currently hold approximately 70.9% of the outstanding shares of the Company.

The Special Committee of the Board of Directors of the Company has recommended that shareholders vote in favour of the Arrangement.

An information circular for the special shareholders' meeting of the Company is expected to be mailed in late November, 2009.

James Williams, Director

On behalf of the Board of Directors,

Consolidated Envirowaste Industries Inc.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Consolidated Envirowaste Industries Inc. Doug Halward 604-856-6836