Newalta Announces Dates for Annual and Special Meeting, First Quarter 2011 Results and Conference Call

CALGARY, ALBERTA - April 29, 2011 /CNW/ - Newalta (TSX:NAL) announced today that it will issue its results for the first quarter of 2011 on Monday, May 9, 2011 after the market closes. Newalta will hold a conference call to discuss its results on Tuesday, May 10, 2011 at 4:00 p.m. Eastern Time.

Newalta's management will review financial results for the first quarter of 2011. The call will be hosted by Al Cadotte, President and CEO, and Mike Borys, Senior Vice President and CFO.

To participate in the teleconference, please call 416-695-7848 or 1-800-769-8320. To access the simultaneous webcast, please visitwww.newalta.com. For those unable to listen to the live call, a taped broadcast will be available at www.newalta.com and, until midnight on Tuesday, May 17, 2011, by dialing 1-800-408-3053 and using the pass code 3035747.

Newalta also announced details of its annual and special meeting of shareholders which are as follows:

Date: Wednesday, May 11, 2011
 
Location: Newalta's corporate office, Building 'C'
220 – 12th Avenue, S.W.
Calgary, Alberta
 
Time: 2:00 p.m. Mountain Time
 

For those unable to attend the annual and special meeting, the presentation will be webcast live at www.newalta.com and subsequently archived on Newalta's website.

Newalta provides cost-effective solutions to industrial customers to improve their environmental performance with a focus on recycling and recovery of products from industrial residues. These services are provided both through our network of more than 80 facilities across Canada and at our customers' facilities where we mobilize our equipment and people to process material directly onsite. Our customers operate in a broad range of industries including the oil and gas, petrochemical, refining, lead, manufacturing and mining industries. The company has delivered strong, profitable growth for over 15 years and has established a leadership position in the industry with talented people, efficient and safe operations, innovative approaches and high ethical standards. Newalta trades on the TSX as NAL. For more information, visitwww.newalta.com.

For further information: Investors: Anne M. Plasterer, Executive Director, Investor Relations, (403) 806-7019 / Media: Stephen W. Lewis, Executive Director, Corporate Communications, (403) 806-7012 / www.newalta.com