News Releases

CALGARY, ALBERTA – February 23, 2010 /CNW/ - Newalta Inc. ("Newalta") (TSX:NAL) will issue its results for the 2009 fourth quarter and year end on Tuesday, March 2, 2010 after the market closes. Newalta will hold a conference call to discuss its results on Wednesday, March 3, 2010 at 11:00 a.m. Eastern Time.

Newalta's management will review financial results for the fourth quarter and year end of 2009. 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 647-427-7450 or 1-888-231-8191. To access the simultaneous webcast, please visit www.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 Wednesday, March 10, 2010 by dialing 1-800-642-1687 and using the pass code 55120359 followed by the number sign.

Newalta Inc. is Canada's largest industrial waste management and environmental services provider and focuses on maximizing the value inherent in industrial waste through the recovery of saleable products and recycling. It also provides environmentally sound disposal of solid, non-hazardous industrial waste. With talented people and a national network of facilities, Newalta serves customers in the automotive, forestry, lead, manufacturing, mining, oil and gas, petrochemical, pulp and paper, refining, steel and transportation service industries. Providing solid investor returns, exceptional customer service, safe operations and environmental stewardship has enabled Newalta to expand into new service sectors and geographic markets. Newalta trades on the TSX as NAL. For more information, visit www.newalta.com.