U S Liquids Inc. Begins Trading on the Over the Counter 'Pink Sheets'

U S Liquids Inc. Begins Trading on the Over the Counter 'Pink Sheets' 


HOUSTON, Dec. 12  /PRNewswire-FirstCall/ -- U S Liquids Inc. (OTC Pink Sheets:
USLQ) announced that its common stock began trading on the Over The Counter
"Pink Sheets" effective December 11, 2003.  The Company's new stock symbol is
USLQ.  As previously announced, the American Stock Exchange ("Amex") notified
the Company that it was filing an application with the Securities and Exchange
Commission to delist and deregister the Company's common stock from the Amex.

This document contains forward-looking statements that are subject to certain
risks, uncertainties and assumptions.  Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove incorrect,
actual results may vary materially from those anticipated, estimated or
projected.  Key factors that could cause actual results to differ materially
from expectations include, but are not limited to:  (1) the Company's inability
to further extend its credit facility; (2) uncertainties caused by the Company's
failure to comply with the terms of its credit facility; (3) the impact that our
financial condition may have on our customers, suppliers and employees; (4) the
Company's general lack of liquidity; (5) the outcome of litigation and
administrative proceedings pending against the Company; (6) obtaining or
maintaining governmental permits and approvals required for the operation of the
Company's facilities; (7) changes in the laws and regulations governing the
Company's operations; (8) the failure to comply with laws and regulations
governing the Company's operations; and (9) the insufficiency of the Company's
insurance coverage or the impact of the insolvency of Reliance Insurance
Company.  These and other risks and assumptions are described in the Company's
reports that are available from the United States Securities and Exchange
Commission. 

DATASOURCE: U S Liquids Inc.



CONTACT:  William DeArman, Chief Executive Officer of U S Liquids Inc.,

[phone], or  

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