Newalta to Hold Third Quarter Conference Call

CALGARY, ALBERTA - Oct. 26, 2010 /CNW/ - Newalta (TSX:NAL) will issue its results for the third quarter of 2010 on Thursday, November 4, 2010 after the market closes. Newalta will hold a conference call to discuss its results on Friday, November 5, 2010 at 11:00 a.m. Eastern Time.

Newalta's management will review financial results for the third quarter of 2010. 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 416-340-8018 or 866-223-7781. 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 Friday, November 12, 2010, by dialing 800-408-3053 and using the pass code 4047722 followed by the number sign.

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 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, visit www.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