EXHIBIT 99.1
Contact:   James P. Zeumer
Senior Vice President, Public Affairs,
Communications and Investor Relations
480-627-2785
FOR IMMEDIATE RELEASE
ALLIED WASTE REPORTS THIRD QUARTER 2008 RESULTS
    Q3 Earnings Increase to $0.26 Per Share, Including $0.02 Per Share of Merger-Related Costs
 
    Strong Pricing Drives Revenue to Record $1.6 Billion
 
    Operating Income Increases 27% to $318 Million
 
    Company Provides Update on Proposed Merger with Republic Services
Phoenix, AZ — October 29, 2008 — Allied Waste Industries, Inc. (NYSE: AW), the nation’s second largest waste services company, today reported financial results for its third quarter and nine-months ended September 30, 2008. For the quarter, income from continuing operations increased 68% to $112.5 million, or $0.26 per share, including $0.02 per share associated with merger-related costs. Prior year income from continuing operations was $66.9 million, or $0.15 per share. Prior year earnings include loss on divestiture, impairment and debt refinancing costs of $0.09 per share. On an adjusted basis, 2008 third quarter earnings were $0.28* per share, an increase of 17% over prior earnings of $0.24* per share.
Total revenue for the third quarter was a record $1.61 billion, an increase of $50 million, or 3.2%, over $1.56 billion in the third quarter 2007. Higher revenue for the quarter benefited from a 7.6% increase in average price, of which 370 basis points were associated with the company’s fuel recovery fee, partially offset by a 4.4% decrease in volumes. Lower volumes for the quarter primarily reflect the impact of U.S. economic conditions.
“By remaining focused on our strategic, long-term performance metrics including pricing, operating efficiencies and cash flow, while rapidly adjusting our operations to near-term economic challenges, Allied Waste has reported strong financial performance,” said John Zillmer, Chairman and Chief Executive Officer. “Our local management teams have done a great job in delivering excellent third quarter results and in continuing to strengthen our overall operating platform as we approach the merger with Republic Services.”
Third quarter operating income before depreciation and amortization, loss from divestitures and asset impairments, or EBITDA, inclusive of $12.5 million of merger-related costs, increased 4.4% to $452.1* million, compared with $433.1* million last year. Reported EBITDA for the quarter as a percentage of revenue increased 20 basis points to 28.1%, compared with 27.9% for the same period last year. Merger-related costs reduced EBITDA as a percentage of revenue for the quarter by 0.8%.
For the third quarter, operating costs as a percentage of revenue dropped 60 basis points as the company continued to benefit from strong pricing, combined with a number of internal initiatives to lower expenses and to drive greater efficiencies throughout its operations. EBITDA margins for the quarter also reflect the positive impact of company actions to reduce SG&A expenses, which declined as a percentage of revenue to 9.7% from 10.1% last year.
Cash flow from operations in the third quarter 2008 was $281.3 million, compared with $284.2 million in the comparable quarter last year. Free cash flow for the third quarter was $144.7* million, compared with prior year free cash flow of $168.8* million reflecting slightly higher capital expenditures in the third quarter of 2008.
For the nine-month period ended September 30, 2008, Allied Waste’s revenues were $4.67 billion, as strong pricing drove a $124.3 million increase over the prior year. Operating income for the period gained 13.3% to $862.1 million, inclusive of $45.0 million of merger-related costs, losses from divestitures and asset

3


The following information was filed by Allied Waste Industries Inc on Wednesday, October 29, 2008 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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