Synagro Announces Fourth Quarter and Fiscal 2006 Earnings and Conference Call Schedule

  
    
  
  
    
      Synagro Technologies, Inc. (NASDAQ Global Market:SYGR) (the 
      "Company" or “Synagro”) 
      announced today that it will release its fourth quarter 2006 results 
      on Wednesday, February 28, 2007, after the Market closes. The Company 
      has scheduled a conference call for 10:00 a.m. Central time on Thursday, 
      March 1, 2007, to discuss the fourth quarter results.
    
    
      The conference call will be broadcast live over the Internet and can be 
      accessed by all interested parties through a link in the Investor 
      Relations section of the Company’s website at www.synagro.com 
      or by dialing 1-800-588-4973 or 1-847-413-2407 and giving the operator 
      either the host name as Synagro or confirmation number 17038153 ten 
      minutes prior to the beginning of the call.
    
    
      A replay will be available for 24 hours a day for 14 days on the Company’s 
      website after 1:30 p.m. Central time, Thursday, March 1, 2007. A 
      telephonic replay of the call will be available 24 hours a day through 
      Thursday, March 15, by dialing 1-888-843-8996 or 1-630-652-3044 and 
      entering code 17038153.
    
    
      Synagro Technologies, Inc. believes that it is the largest recycler of 
      biosolids and other organic residuals in the United States and it 
      believes that it is the only national company focused exclusively on the 
      estimated $8 billion organic residuals industry, which includes water 
      and wastewater residuals. The Company serves more than 600 municipal and 
      industrial water and wastewater treatment accounts with operations in 33 
      states and the District of Columbia. The Company offers a broad range of 
      water and wastewater residuals management services focusing on the 
      beneficial reuse of organic, nonhazardous residuals resulting from the 
      wastewater treatment process, including drying and pelletization, 
      composting, product marketing, incineration, alkaline stabilization, 
      land application, collection and transportation, regulatory compliance, 
      dewatering, and facility cleanout services.
    
    
      Safe Harbor Statement
    
    
      This press release contains certain forward-looking statements, 
      within the meaning of the Private Securities Litigation Reform Act of 
      1995, which involve known and unknown risks, uncertainties or other 
      factors not under Synagro's control which may cause the actual results, 
      performance or achievement of Synagro to be materially different from 
      the results, performance or other expectations implied by these 
      forward-looking statements. These factors include, but are not limited 
      to: the risk that our stockholders may not receive the level of 
      dividends provided for in the dividend policy adopted by our board or 
      any dividends at all; unseasonable weather; changes in government 
      regulations; the ability to find, timely close, and integrate 
      acquisitions; changes in federal wastewater treatment and biosolid 
      regulation; our ability to comply with federal, state and local 
      environmental regulations or to maintain and obtain necessary permits; 
      competition in the wastewater residuals management business; the risk of 
      early termination of customer contracts; loss of significant customers; 
      our level of debt and our ability to service our debt; our ability to 
      obtain additional financing; our ability to maintain sufficient 
      insurance; and the effect of the restrictions in our senior secured 
      credit agreement on our operation. Other factors are discussed in 
      Synagro's periodic filings with the Securities and Exchange Commission.